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News headlines bring negativity to soybean marketplace

News headlines bring negativity to soybean marketplace

Front month soybeans began Monday with a price of $12.14 cents before seeing losses of 70 cents to close at $11.55 and ¼ cents. In addition to continuing conflict in the Middle East and shipping issues in the Strait of Hormuz, comments from President Donald Trump brought negative price movement to the soybean complex. The President was scheduled to visit with the President of China, Xi Jinping, at the end of March but Trump indicated that the meeting could be delayed. That is commodity broker,...

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Farm capital expenditures increasing with farm income rise

Farm capital expenditures increasing with farm income rise

In response to relatively stronger net farm incomes, U.S. farm sector capital expenditures have increased dramatically in the last three years, according to research by the University of Illinois. In 2019, farm sector capital expenditures were approximately $30.1...

ASA VP Daryl Cates talks about Cambodian trip

We have been highlighting the work that the USDA and other organizations have been doing to help grow our markets overseas. Without laying this groundwork and building upon it, there is no way we can build demand for our U.S. soybeans. While government trade missions,...

Despite drought and wild temperatures, fall has been fairly normal

Despite drought and wild temperatures, fall has been fairly normal

Even though we have seen bits of precipitation around the state over the past few weeks, the U.S. Drought Monitor has remained status quo for the state of Iowa. Iowa State Climatologist Dr. Justin Glisan said snow doesn?t provide a lot of moisture, so the amount we...

Optimizing feed management plans for a more sustainable operation

Optimizing feed management plans for a more sustainable operation

Sustainable farming practices can be a win/win scenario for everyone involved in a livestock operation. Farming sustainably means farming efficiently and minimizing input costs. It also means optimizing feed conversion and maximizing animal health.Feed cost is a large...

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