Soybean leaves show various amounts of soybean rust. Experts say the recent confirmation of soybean rust in Iowa in 2006 should serve as a reminder that the fungus can happen in Iowa. 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. 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. After...

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A third factor supporting the recent strength in soybean prices, Good added, is the need for South America to expand soybean area for harvest substantially in 2008. While soybean oil stocks have remained large, expanding consumption of soybean oil, palm oil, and canola oil has resulted in higher prices of vegetable oils. Biodiesel use of soybean oil accounted for 14% of domestic soybean oil consumption in May 2007. South American exports are expected to jump by 255 million bushels, as...

CHICAGO (Dow Jones)--Smaller soybean planted and harvested acreage projections for the new crop balance sheet and higher usage in the old crop supply and demand table is seen tightening domestic and world carryout estimates in the U. Industry experts said the soybean balance sheet didn't have any line items that needed major revisions, but some adjustments were warranted, with many anticipating the USDA will increase the 2006-07 crush and export figures. The average of analyst estimates...

The domestic soybean crush in 2007-08 will still be driven by soybean meal demand, but the rate of biodiesel use of soybean oil will influence soybean oil and soybean prices. Year ending stocks are expected to total about 600 million bushels, 150 million larger than the inventory on hand at the beginning of the 2006-07 marketing year. With expanding poultry and livestock production and brisk exports supporting soybean meal consumption, a slow down in the crush is not expected to be shown...