Export markets remain as important as ever for North American soybean producers. Every year, roughly half of the domestic soybean crop is exported to global markets. In the 2022/23 marketing year, U.S. soy exports reached a value of $39.8 billion, representing an important source of revenue for producers. That’s why ADM continues to take proactive…
It’s no secret that the process of passing the new farm bill is moving at a snail’s pace. Congress was supposed to renew this large and complex piece of legislation in 2023 to replace the 2018 Farm Bill but extended it one year into 2024. Now, the 2024 planting season is behind us and crops…
Both corn and soybean prices show signs of change, with pressure to trend lower, but, strong animal feed and renewable fuel demand might bring some relief. If so, when? In addition to trying to time portions of your expected 2024 corn and soybean crop sales throughout the year to possibly hit top markets, also consider…
Commodity prices take their direction from many factors. One price influence that is often misunderstood is the strength of the U.S. dollar. Historically, when the dollar is stronger, commodity prices are weaker. And vice versa. It’s typically an inverse relationship. This is because major commodities around the world are priced in dollars. When the dollar…
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