News
Treasury Secretary Scott Bessent announced yesterday that the U.S. will provide financial assistance to Argentina in an effort to stabilize its struggling economy, a move that has sparked anger among American soybean farmers who see Argentina as a major rival.
Corn sales during the week ended Sept, 18 totaled 1.923 MMT, according to USDA, which topped analysts’ pre-report range.
Amount of reported China buys of Argentine soybeans keeps rising
Weak profit margins may limit benefits of lower rates for financially stressed farmers.
Soybeans saw an impressive push higher going into the break this morning despite ongoing bearish fundamentals.
Yesterday, farmers from across the country sent a letter urging USDA to release funding for the Sustainable Agriculture Research and Education (SARE) program. Normally announced in March, this year’s call for proposals wasn’t issued until September 11, leaving host institutions little time to process applications before the fiscal year ends.
Soybeans slumping amid sickly meal market
