While soybeans and soybean oil finished higher over the course of the week, canola futures closed modestly lower. The Nov/Jan spread finished close to unchanged this week, with commercial traders remaining neutral given the news that flowed this week.
If Congress does not pass a new farm bill by September 30, the 23 organizations that use government funds to promote purchases of U.S. commodities in foreign countries will face an immediate funding gap that could cause some of them to start letting staff go and closing...
Demand for marketing assistance loans through USDA's Commodity Credit Corporation is the highest in a decade, and experts think even more farmers will turn to them this fall despite out-of-date loan rates and rising interest costs.
The wait is on for an EPA decision on the fate of dicamba herbicides designed for use with popular Xtend soybean seeds. It's one of the most controversial, emotion-riddled issues in recent farming history. The lines for and against are forming.
Brazil soybean prices saw a premium bump last week for August delivery, but the Brazilian market is still recovering from last month's trucker strike that has increased the FOB basis for soybeans at port.
DTN is the independent, trusted source of actionable insights for two million customers worldwide focused on feeding, fueling and protecting the world. Customer-centric and colleague-driven, DTN focuses on empowering customers with decision-support solutions in agriculture, energy, commodity and financial analytics, and weather-sensitive industries through continuous, leading-edge innovation. DTN also produces the leading agriculture publication, The Progressive Farmer.