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7. Staying power of soybeans leads to strong markets USDA forecasts an average soybean farm price - for the crop currently in the soil - of $6. Despite good supplies, soybean prices have again moved higher following expected short supplies of corn and now wheat. At the same time, USDA warns that soybean oil use could shrink if vegetable oil prices get too high. In addition to the influence of wheat and corn demand, higher prices are due to stronger demand for soybean oil used to make biodiesel. Compared with two weeks earlier, that price was...
Source • Bismarck Farm & Ranch Guide, USA •
8. How Farm Subsidies Harm Taxpayers, Consumers, and Farmers, Too For these and other reasons, organizations represent ing taxpayers, consumers, environmentalists, inter national trade, Third World countries, and even farmers themselves have united around the shared conclusion that the current farm subsidy system is failing and in dire need of reform during this year's reauthorization. For these and other reasons, organizations represent ing taxpayers, consumers, environmentalists, inter national trade, Third World countries, and even farmers themselves...
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9. Honeybee farmers further hurt by cheaper imports But his biggest challenge these days is the glut of honey imported annually from countries such as China, Vietnam and Argentina, where it can be mass-produced faster and cheaper than Grose could ever dream of doing in this rural, southwestern Oklahoma community of 840. But his biggest challenge these days is the glut of honey imported annually from countries such as China, Vietnam and Argentina, where it can be mass-produced faster and cheaper than Grose could ever dream of doing in this...
Source • 2 hours ago •
10. Asian soybean rust concerns kick up In Wednesday's soybean rust commentary on the USDA national rust monitoring Web site, officials report a new rust discovery on Tuesday in a patch of kudzu yards from a soybean field in St. A new discovery of Asian soybean rust in a kudzu patch in Louisiana and favorable weather conditions for the disease's development in Florida have officials watching for more cases in the southeastern U. Dry air just north of the Gulf coast region is fueling hopes that, even though conditions may favor...
Source • Agriculture Online •
11. The Darrel Good Report: Friday's June Grain Stocks Estimates Seen as Providing Fundamental Information on Direction of ... The Darrel Good Report: Friday's June Grain Stocks Estimates Seen as Providing Fundamental Information on Direction of Corn, Soybean Markets. weather and crop conditions continue to affect corn and soybean prices, but the June 29 release of the USDA s Acreage and Grain Stocks reports will provide additional fundamental information for these markets, said a University of Illinois Extension marketing specialist. weather and crop conditions continue to affect corn and soybean prices, but the...
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