Growers in Illinois and Iowa showed the largest decrease in soybean acreage from last year, down 1.75 million acres and 1.35 million acres, respectively. Department of Agriculture forecast a huge increase in corn acreage from its March report and a big drop in soybean acreage. Farmers reported that 99% of the intended corn acreage had been planted at the time of the survey interview, which is slightly above the average for the past 10 years. However, increases in soybean area occurred...

Brazil likely to surpass US as top soybean producer Subscribe Contact Us US News Canada News Europe News News for the X generation Top News Business National World Technology Health Environmental Sports Entertainment Advertise Search site: Free News Headlines More Search Options/Archives Privacy Policy Subscribe Breaking News. Brazil likely to surpass US as top soybean producer Subscribe Contact Us US News Canada News Europe News News for the X generation Top News Business National World...

On March 8, he says an independent crop consultant brought in two baggies, one containing seeds and pods and one with parts of a dead soybean leaf. Experts say the recent confirmation of soybean rust in Iowa in 2006 should serve as a reminder that the fungus can happen in Iowa. While experts were able to confirm rust on the soybean leaves when they were dead, Tylka says it is more important to look for signs of the disease earlier. Soybean leaves show various amounts of soybean rust. If...

Crude oil prices held over $71 a barrel for a second day, while industrial metals prices and agriculture futures finished lower. The Agriculture Department reported 73 percent of the corn crop was in good-to-excellent condition at July 1, compared with 68 percent a year ago. Corn prices, which have been slipping since the USDA last week updated its estimates for the largest corn crop on record since 1944, fell to a level not seen since last autumn. In Chicago, corn and soybean futures...

As the market perceives a smaller crop is being raised, the market will be forced to rally to ration the projected ending stocks. High good to excellent crop ratings to end the month of May, has capped rally attempts this spring, however these crop ratings are beginning to decline with the crop stress in the eastern corn belt. The market has already anticipated a smaller seeded acres than 2006, however if producers planted more acres to corn than previously thought, prices could push even...