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Market Commentary

Soybean prices have also rallied on better demand prospects, uncertainty of acres and yields, and short covering by commodity funds. New crop ending stocks are projected at 425 million bushels, down 50 million bushels from last month. However if acres are trimmed 1.0 million and the yield is cut 1.0 bushel to 45.0, ending stocks drop below 300 million bushels. Technically, November soybean futures has resistance at $10.40 and support at $9.80. Just as in corn, market is in a sideways to lower trend for the next few weeks unless some bullish news enters the market. For soybean you need to sell at harvest making some sales may not be a bad idea or buy some put options to establish a price floor.

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Soybean And Grain Sorghum Market Updates

The November 2015 soybean futures contract closed up $0.58 per bushel on June 30, 2015 at $10.37 per bushel, the highest it has traded since November 2014. With basis levels in the state running from about $0.04 to as high as $0.50 over the November contract, cash prices are approaching the upper $10.00 to $11.00 per bushel range. A lot of positive news came from the reports released on June 30, 2015. While soybean acreage was up from the Planting Intentions report and is nearly 1.5 million acres higher than 2014, the increase was not nearly as large as most in the market had anticipated...

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Growers Looking Beyond The Basics

Experts weigh in on what it takes to control frogeye leaf spot and other diseases that are prevalent in the Mid-South. ‘Magic bullets’ have lost various degrees of efficacy. Record …

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Contrasting Views

Dr. Kurt Guidry, LSU AgCenter agricultural economist, provides a timely soybean market update. New crop soybean futures prices have found themselves trading in a fairly narrow range in the midto …

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Product News

■ Enlist Duo approved for use in additional states The EPA has approved Enlist Duo herbicide for use in additional states. A key component of the innovative Enlist Weed Control …

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An IT Platform For Agriculture

To avoid pest-related yield loss, growers and other stakeholders in crop production need timely and geographically relevant information. By Moneen M. Jones and Joseph M. Russo Food security refers to …

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Push Yields To The Max

Insect growth regulator piggybacks with fungicides at the R3 stage and may be adding to plant health in a systems approach. Arkansas crop consultant Rick Deviney always encourages his growers …

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LA Master Farmer Wins Award

By Bruce Schultz LSU AgCenter Ruben Dauzat, chosen as the Outstanding Master Farmer of the Year for 2014, wants to make the best crop possible each growing season, but he …

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