#us-crop-progress

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9. Soybean, Vegoil Futures Take Turn Under Pressure | Agrimoney

9. Soybean, Vegoil Futures Take Turn Under Pressure | Agrimoney

"As in the last session, when just as all eyes had focused on the twin boost to grain prices of short-covering and (unconfirmed, but suspected) cash inflows, the support stopped, sending prices sharply lower. …Kuala Lumpur palm oil futures for January – which in the last session touched 2,828 ringgit a tonne, the highest for a benchmark contract since March 2014, and indeed have been a flagship…

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5X5 - 5. US-NEWS

5X5 – 5. US-NEWS

• 1 – PDF – USDA NASS Crop Progress

“Released November 2, 2015, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA).”

• 2 – U.S. Grains: Wheat Firms on Technical Buying; Corn, Soy Also Firm Posted Nov. 3rd, 2015 by Julie Ingwersen

"Chicago/Reuters – Wheat prices rose about 1.4 per cent on Tuesday, rebounding in…

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5X5 - 5. US-NEWS

5X5 – 5. US-NEWS

• 1 – Soybeans Fall as Harvest Speeds, UsDA Report Approaches

"Soybeans declined after a government report yesterday showed farmers are harvesting the oilseeds much faster than they’re collecting corn, which was little changed in overnight trading.

About 42% of soybeans were collected as of Sunday, double what was harvested just seven days earlier, the U.S. Department of Agriculture said in its…

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5X5 - 2. CROPS

5X5 – 2. CROPS

• 1 – Insect Found in Alberta but Disease Not Present

"The psyllid story sets up like a good news-bad news scenario.

The bad news is that the potato psyllid, a tiny insect that can carry zebra chip disease that is harmful to potato production and appearance, has been found in Alberta.

The good news is that it isn’t carrying the disease.

Dan Johnson, an entomologist and researcher at the…

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5X5 - 5. US-NEWS

5X5 – 5. US-NEWS

• 1 – 4 Ways to Handle This Bull Market

“1. Base your selling decisions on your farm profitability and do not worry about what you are reading on the Internet. The same people who wrote about $8 soybeans in June are now writing about $21 soybeans; they are likely to be wrong again. 2. Be a scale-up seller and don’t look back. 3. Use all the marketing tools you have available, including a…

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5X5 - 5. US-NEWS

5X5 – 5. US-NEWS

• 1 – Choices Given Low Projected Grain Farm Net Income in 2015

"Net incomes on Midwest grain farms are likely to be low in 2015, potentially lower than levels experienced from 1998 to 2002, the last time commodity prices fell after a period of higher prices. Currently, most farms have strong financial positions, built as a result of higher incomes between 2006 and 2013. This financial strength…

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5X5 - 5. US-NEWS

5X5 – 5. US-NEWS

• 1 – Insight Into Monsanto’s Potential Acquisition of Syngenta

"Even if Monsanto isn’t successful in its current negotiations to acquire Syngenta, consolidation in the agricultural field is inevitable. According to Mike Frank, Monsanto’s vice president of global commercial, future acquisitions will allow Monsanto, and the other ‘big six’ agricultural companies, to bring new innovations to the…

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5X5 - 5. US-NEWS

5X5 – 5. US-NEWS

• 1 – Us Counts Rain Damage to Crops – as Fresh Storm Looms

"The US is set for more of the rains which took a toll on the condition of corn and soybean crops, although the worst of the precipitation looks like missing the areas which suffered last week.

Tropical Storm Bill, which has formed off the coast of Texas, is expected to make landfall on Tuesday, bringing heavy rains to the southern…

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