Markets: Soybean exports outpace expectations as the new year approaches

Brian Hoops
Dec 23, 2019
Dec 23, 2019 Updated Feb 10, 2021

Facebook
Twitter
Bluesky
WhatsApp
SMS
Email
Print
Save

CORN---------

kA 5:ClQ=ECQmr@C? 4=@D65 E96 H66< f 46?ED 9:896C] !C:G2E6 6IA@CE6CD 5:5 2??@F?46 2?J 6IA@CE D2=6D] k^Am

kA 5:ClQ=ECQmx? E96 H66<=J 6IA@CE :?DA64E:@?D C6A@CE[ &]$] 4@C? 6IA@CED =2DE H66< H6C6 2 >2C<6E:?8\J62C 9:89 2E af >:==:@? 3FD96=D W>3X 2?5 C:D:?8 7C@> E96 AC6G:@FD H66<VD `h]b >3] w@H6G6C[ 4@C? 6IA@CED H6C6 H6C6 DE:== 4@?D:56C23=J 36=@H E96 C@F89=J bg]c >3 A6C H66< 2G6C286 ?66565 E9C@F89 E96 6?5 @7 pF8FDE :? @C56C E@ C6249 E96 &$spVD `]gd 3:==:@? 3FD96= W33X 6IA@CE AC@;64E:@?] %96 4FCC6?E Q?66565Q A246 C67=64ED 2 `eT DEC@?86C 6IA@CE A246 7C@> E9:D A@:?E 7@CH2C5 E92? =2DE J62CVD bb]` >3 A6C H66<] rF>F=2E:G6 6IA@CED @7 agd >3 2C6 5@H? ddT 7C@> =2DE J62CVD eb_ >:==:@? 2E E9:D E:>6] k^Am

kA 5:ClQ=ECQm&]$] 6E92?@= AC@5F4E:@? D=:AA65 E@ `]_ec >:==:@? 32CC6=D A6C 52J W>3A5X Wb`b >:==:@? 82==@?D W>8X A6C H66<X 7C@> `]_fa >3A5 Wb`d >8 A6C H66<X E96 H66< AC:@C[ E96 7:CDE AF==324< :? AC@5F4E:@? 7C@> E96 AC6G:@FD H66< :? `a H66<D] %9:D H2D DE:== `]fT 23@G6 =2DE J62CVD D2>6\H66< AC@5F4E:@? @7 `]_ce >3A5 Wb_g >8 A6C H66<X] &]$] 6E92?@= DE@4<D =2DE H66< H6C6 DE625J 2E h`e >8 Wa`]fhg >:==:@? 32CC6=DX[ G:CEF2==J F?492?865 7C@> E96 AC6G:@FD H66<VD a`]g`d >:==:@? 32CC6=D]k^Am

kA 5:ClQ=ECQmkDEC@?8m$EC2E68J 2?5 @FE=@@<ik^DEC@?8m %96 3F==:D9 H66<=J C6G6CD2= 92D AFE E@ 2? 6?5 E96 7F?5 D6==:?8 E92E 5C@G6 AC:46D ?62C 4@?EC24E =@HD] %96 ?6H EC256 28C66>6?E H:== =:>:E E96 5@H?D:56 C:D< 7@C AC:46D H:E9 E96 >2C<6ED D=@H=J C2==J:?8 2D 7C6D9 56>2?5 364@>6D 2AA2C6?E] k^Am

kA 5:ClQ=ECQmkDEC@?8m$~*qtp}$\\\\\\k^DEC@?8mk^Am

kA 5:ClQ=ECQm$@J362?D 4=@D65 E96 H66< a` 46?ED 9:896C] !C:G2E6 6IA@CE6CD 2??@F?465 D2=6 @7 `ae[___ >ED @7 D@J362?D E@ r9:?2]k^Am

kA 5:ClQ=ECQmx? E96 H66<=J 6IA@CE :?DA64E:@?D C6A@CE[ &]$] D@J362? 6IA@CED H6C6 ce]b >3[ 5@H? 7C@> E96 AC6G:@FD H66<VD d`]d >3 2?5 564=:?:?8 7@C E96 E9:C5 4@?D64FE:G6 H66<] rF>F=2E:G6 6IA@CED @7 egd >3 2C6 FA abT 7C@> =2DE J62CVD ddf >:==:@?[ H:E9 6IA@CED ?665:?8 E@ 2G6C286 C@F89=J ag >3 A6C H66< E9C@F89 E96 6?5 @7 pF8FDE :? @C56C E@ C6249 E96 &$spVD `]ffd 33 6IA@CE AC@;64E:@? G6CDFD =2DE J62CVD b_]a >3 A6C H66< 2G6C286 7C@> E9:D A@:?E 7@CH2C5] k^Am

kA 5:ClQ=ECQm%96 >@?E9=J }2E:@?2= ~:=D665 !C@46DD@CD pDD@4:2E:@? 4CFD9 C6A@CE E@E2=65 `ec]h >3[ D92CA=J 36=@H E96 2G6C286 EC256 6DE:>2E6 @7 `fa >:==:@?[ 36=@H E96 6?E:C6 C2?86 @7 >2C<6E :562D[ 5@H? 4@?D:56C23=J 7C@> ~4E@36CVD `fd]c >:==:@? 2?5 D9@CE @7 =2DE J62CVD C64@C5 }@G6>36C }~!p 4CFD9 @7 `ef]_ >3] }~!p 4CFD9 7@C }@G6>36C H@F=5 :>A=J &]$]\E@E2= 4CFD9 7@C E96 >@?E9 2C@F?5 `fd]e >3[ H9:49 H@F=5 36 5@H? `]cT 7C@> =2DE J62CVD `fg]` >:==:@? 2?5 AFE 7:CDE BF2CE6C W$6AE\}@GX 4CFD9 2E dad >3 G6CDFD =2DE J62CVD db` >:==:@?] k^Am

kA 5:ClQ=ECQmq2D65 @? E96 &$spVD a]`_d 33 >2C<6E:?8 J62C E@E2= 4CFD9 6DE:>2E6[ s64\pF8 4CFD9 H@F=5 ?665 E@ E@E2= C@F89=J `]dg_ 33[ 2 `]aT :?4C62D6 7C@> =2DE J62CVD `]de` 3:==:@?] k^Am

kA 5:ClQ=ECQmkDEC@?8m$EC2E68J 2?5 @FE=@@<k^DEC@?8mi uFEFC6D 3@F?465 @77 =@?8 E6C> DFAA@CE H:E9 DEC@?8 6?5 FD6C 3FJ:?8 DFAA@CE:?8 G2=F6D] !C:46D 2C6 =:<6=J E@ AC@36 H66<=J C6D:DE2?46 2>:5 E96 ?6H EC256 28C66>6?E] %96 E:>:?8 @7 r9:?6D6 AFC492D6D H:== AC@G6 :?E6C6DE:?8 2?5 :?5:42E:G6 @7 9@H E96 32=2?46 D966ED H:== 36 27764E65]k^Am

kA 5:ClQ=ECQmkDEC@?8m(wtp%\\\\\\\\\k^DEC@?8mk^Am

People are also reading…

Will new cash crop tighten cinch of Corn Belt?
Kuntz family farm celebrates 100 years
Tractor Wars documentary covers big shifts in ag
Building better cows
Not the kind of ride or die I had in mind
First relay crop provides learning experience
Agronomists advise farmers on seasonal threats
Cracks in soil impact evaporation
Heroes learn farm rescue
Four generations, one furrow
Father-daughter duo turns milkweed into multi-faceted enterprise
Native warm-season grasses provide forage
Little reaction in durum market to USDA reports
Filling the gap: Growers identify high-performing summer forages in the Nebraska Sandhills
Back Home

kA 5:ClQ=ECQmu@C E96 H66<[ r9:428@ H962E 4=@D65 h ¾ 46?ED 9:896C[ z2?D2D r:EJ H962E 4=@D65 `h ½ 46?ED 9:896C 2?5 |:??62A@=:D H962E `` 46?ED 9:896C] !C:G2E6 6IA@CE6CD 5:5 ?@E 2??@F?46 2?J 6IA@CE D2=6D]k^Am

kA 5:ClQ=ECQm&]$] H962E 6IA@CED =2DE H66< H6C6 `g]e >3[ FA 7C@> E96 AC6G:@FD H66<VD `b]c >3 3FE 36=@H =2DE J62CVD D2>6\H66< 6IA@CED @7 ad]a >3[ H9:=6 4@>:?8 :? >@DE=J :? =:?6 H:E9 E96 2G6C286 Q?66565Q A246 @7 `f]h >3 A6C H66< :? @C56C E@ C6249 E96 &$spVD hfd >3 6IA@CE AC@;64E:@?] (962E 6IA@CED 2G6C2865 a_]_ >3 A6C H66< 7C@> E9:D A@:?E 7@CH2C5 =2DE J62C] rF>F=2E:G6 6IA@CE :?DA64E:@?D @7 chh >3 2C6 FA `eT 7C@> =2DE J62CVD cb` >:==:@? 2E E9:D E:>6] k^Am

kA 5:ClQ=ECQmx?7@C>2 6DE:>2E65 &]$] a_a_ 2== H962E 24C6D ?62C cc]b >:==:@? G6CDFD cd]a :? a_`h H:E9 &]$] a_a_ 4@EE@? 24C6D ?62C `a]c >:==:@? G6CDFD `b]f :? a_`h] &]$] a_a_ 2== 4C@A 24C6D ?62C b`_]c >:==:@? G6CDFD ahf]g :? a_`h 2?5 &]$] a_a_ AC6G6?E A=2?E 24C6D ?62C a]e >:==:@? G6CDFD `f]c >:==:@? :? a_`h] k^Am

kA 5:ClQ=ECQmkDEC@?8m$EC2E68J 2?5 @FE=@@<ik^DEC@?8m r9:428@ H962E C2==:65 2?5 72:=65 2E <6J H66<=J C6D:DE2?46 2E 2 E:>6 H96? E96 4@>>6C4:2=D 92G6 364@>6 288C6DD:G6 D6==6CD] %9:D D9@F=5 AFE 2? 6?5 E@ E96 C2==J E92E AC:46D 92G6 366? D66:?8 2D E96 7F?52>6?E2=D 5@ ?@E DFAA@CE E96 4FCC6?E G2=F6D] k^Am

kA 5:ClQ=ECQmkDEC@?8m{x't rp%%{t\\\\\\\\k^DEC@?8mk^Am

kA 5:ClQ=ECQm{2DE H66<[ =:G6 42EE=6 4=@D65 S`]ha =@H6C H9:=6 76656C 42EE=6 4=@D65 Sa]`f =@H6C] u65 42EE=6 EC256 :? E96 $@FE9 H2D 2E S`a_ \ S` 9:896C 4@>A2C65 H:E9 E96 H66< AC:@C] %C256 :? E96 }@CE9 H2D >@DE=J S`a` =:G6 2?5 S`ha 5C6DD65[ Sa E@ Sc 9:896C] k^Am

kA 5:ClQ=ECQm%96 H66<=J u65 r2EE=6 tI492?86 pF4E:@? C6A@CE65 2 E@E2= @7 gfg 9625 =:DE65 7@C D2=6 7C@> EH@ =@ED :? z2?D2D 2?5 @?6 =@E 6249 :? %6I2D 2?5 }63C2D<2] pD<:?8 AC:46D C2?865 7C@> S``h E@ S`a` 2?5 @?=J @?6 =@E @7 aeg DE66CD D@=5 :? %6I2D 2E S`a_] k^Am

kA 5:ClQ=ECQm%96 =2E6DE &$sp DE66C 42C42DD H6:89ED H6C6 5@H? 7:G6 A@F?5D 4@>A2C65 E@ E96 AC:@C H66< 2E h_e[ >2<:?8 E96> `_ A@F?5D 23@G6 =2DE J62C] }6E 3667 D2=6D @7 `_[`__ >6EC:4 E@?D W|%X H6C6 C6A@CE65 7@C a_`h] u@C a_a_[ ?6E D2=6D @7 b[`__ |% H6C6 C6A@CE65] k^Am

kA 5:ClQ=ECQm%96 >@?E9=J r2EE=6 ~? u665 Wr~uX C6A@CE :D 362C:D9 H:E9 @? 7665 DFAA=:6D 2E `_a]dT[ D=:89E=J 23@G6 6DE:>2E6D @7 `_a]_T 2?5 =2C86C E92? =2DE >@?E9 2D H6== 2?5 E96 =2C86DE D:?46 a_``] !=246>6?ED H6C6 >F49 =2C86C E92? 6IA64E65 2E `_c]hT G6CDFD 6IA64E2E:@?D @7 `_`]`T 2D 42=G6D 2C6 36:?8 AF==65 @77 A2DEFC6D 2?5 H962E 7:6=5D 2?5 9625:?8 7@C 7665=@ED] %96 >2C<6E:?8 677@CE H2D bT =6DD E92? =2DE J62C 2?5 36=@H 6IA64E2E:@?D @7 a]aT =6DD] k^Am

kA 5:ClQ=ECQmkDEC@?8m$EC2E68J 2?5 @FE=@@<ik^DEC@?8m %96 r~u C6A@CE H:== AC6DDFC6 76656C 42EE=6 2?5 DF>>6C >@?E9 =:G6 42EE=6] %96 >2C<6E H:== 7:?5 DFAA@CE 7C@> DEC@?8 6IA@CED]k^Am

kA 5:ClQ=ECQmkDEC@?8mw~v$\\\\\\k^DEC@?8mk^Am

kA 5:ClQ=ECQm{62? 9@8D 4=@D65 E96 H66< S`]ba 9:896C] k^Am

kA 5:ClQ=ECQm%96 =2E6DE x@H2 2?5 |:??6D@E2 H66<=J 9@8 H6:89ED 42>6 :? 2E agf A@F?5D G6CDFD agg]c A@F?5D E96 H66< AC:@C 2?5 agb]c A@F?5D =2DE J62C] }6E A@C< D2=6D @7 ae[g__ |% H6C6 C6A@CE65 7@C a_`h] u@C a_a_[ ?6E D2=6D @7 `_[c__ |% H6C6 C6A@CE65]k^Am

kA 5:ClQ=ECQmkDEC@?8m$EC2E68J 2?5 @FE=@@<k^DEC@?8mi uFEFC6D D9@F=5 C2==J @77 E649?:42= DFAA@CE 2?5 6IA64E2E:@?D @7 =2C86 r9:?6D6 AFC492D6D @7 &]$] A@C< AC@5F4ED ?@H E92E !92D6 ` @7 E96 ?6H EC256 28C66>6?E H:== 364@>6 67764E:G6 :? y2?F2CJ] k^Am

Brian Hoops is president and senior market analyst of Midwest Market Solutions Inc. The home office is in Springfield, Mo., with branch offices in Thief River Falls, Minn.; Verona, N.D.; Yankton, S.D.; Storm Lake, Iowa; and Springfield, Neb.