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September soybean crush likely sets record

September soybean crush likely sets record

A new Reuters poll said soybean processors likely crushed a record number of soybeans in September as new facilities ramp up operations. That poll took place as market watchers continued relying on private estimates during the government shutdown. According to a note to clients from CoBank, the crush totaled 205.4 million bushels in September. If that’s accurate, that would be a ten percent month-over-month increase, and the highest on record for the month. On a daily basis, the poll said...

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Farm crisis not forgotten during shutdown

Farm crisis not forgotten during shutdown

The farm crisis remains top of mind during the government shutdown and some lawmakers are sounding the alarm. That’s Mississippi Senator Cindy Hyde-Smith who says this is not a regional or political issue but one that affects all Americans. She adds that the situation...

China holding off on Brazil soybean purchases

China holding off on Brazil soybean purchases

High premiums on Brazilian cargoes are discouraging soybean buyers in China, which means the country has yet to secure much of its needed soybean supply for December and January. Reuters says the development could prompt the Chinese government to tap state reserves to...

Navigating tough decisions on fertilizer this fall

Navigating tough decisions on fertilizer this fall

The discussion on fertilizer this fall has put a lot of farmers between a rock and a hard place. On the one hand prices for commodities are low but on the other hand fertilizer prices are elevated. That leaves the grower often wondering if they should cut back on...

U.S. Export Sales Estimates (10-16-25)

U.S. Export Sales Estimates (10-16-25)

As the government shutdown persists, we still don’t have any official export numbers to look at. We can, however, look again at the weekly estimates. Allendale commodity broker Greg McBride said the corn numbers are still projected to be well above the average. On the...

Falling oil prices should indicate cheaper fuel

Falling oil prices should indicate cheaper fuel

For the past several weeks and even several months, oil prices have held fairly steady, remaining in the mid-$60 per barrel range. But, thanks to OPEC’s increased production, that trend is no more. Patrick DeHaan, senior petroleum analyst for GasBuddy.com, said banks...

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