Items Tagged with 'soybeans'

U.S. soybean exports picked up pace significantly in the first week of October, offering evidence that U.S. shipping of the 2021-22 marketing year crop is recovering from delays caused by damages to barges, elevators, ports and other infrastructure on the Mississippi River by Hurricane Ida more than a month ago.

Department of Agriculture officials increased soybean and corn yields which helped push ending stocks projections higher in Tuesday's World Agriculture Supply and Demand Estimates report.

American farmers are going to be producing more corn and soybeans than expected this year, which will mean lower expected prices for the crops, according to a new USDA forecast that boosted the department’s predictions for yields in both crops.

Fallen structures, electrical wires and damaged barges are still clogging the lower Mississippi River, but Louisiana Ag Commissioner Mike Strain says he expects the main artery for U.S. ag exports to be at least partially open for traffic in five days or less.

Farmers' financial earnings are expected to increase this year, but fewer government payments and increased production costs will likely offset higher cash receipts, USDA's Economic Research Service said Thursday in its Farm Sector Income forecast.

The nation’s sugar cane crop likely took the biggest beating of any farm commodity from Hurricane Ida as it barreled northeast through Louisiana and Mississippi over the weekend and into Monday, but some cotton, rice, and soybean acres may have seen damage too.