One of the big questions that has not yet been answered during this year’s corn and soybean harvest is how and where farmers will store these record crops. That is particularly interesting across the northern Plains, the Dakotas and western Minnesota. The soybean market is forcing farmers to hold soybeans and move whatever other crops they have, mainly wheat and corn, to make room for them. Among the factors contributing to the problem are the following:
Approximately 75 percent of the soybean exports from the Pacific Northwest (PNW) have historically been shipped to China. China is about the only soybean export outlet for northern Plains soybeans. The trade dispute with China has closed that export market for now, leaving...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
