Pro Farmer
Amount of reported China buys of Argentine soybeans keeps rising
Weak profit margins may limit benefits of lower rates for financially stressed farmers.
National soybean basis is 15 cents weaker than the three-year average
Ag-state senators have asked to meet with President Trump on China’s trade retaliation against U.S. soybeans...
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.