soybeans and smaller-than-expected soybean planting intentions were judged to be supportive of soybean prices, with some calling the news 'widely bullish,'" said Good. Domestic use is expected to be negatively impacted by declining livestock feeding margins, while exports will face competition from increased supplies from South America. The USDA now expects the 2006-07 marketing year domestic soybean crush to reach only 1.765 billion bushels, 15 million less than the projection that has...

Department of Agriculture said in this week's national soybean rust commentary. Dry weather during the early spring also stalled rust development during 2006, although the fungus was eventually confirmed in 274 counties across 15 states, double that of 2005. The only Asian soybean rust that was found were pustules on long-dead leaves. Although it's problematic in almost all other soybean-producing areas of the world, and a major crop pest in Brazil, the airborne fungus has yet to cause...

The act would provide $300 million for farmland and open-space preservation and proposes protecting 10 million acres of grassland and five million acres of wetlands. There is a growing sense that when Congress passes the farm bill this year, farmers and environmental programs in states such as Pennsylvania and New Jersey could benefit. Unlike commodity programs, which make up a large portion of the farm bill, conservation programs are available to all farmers, not just those who grow corn,...

The USDA reported that this year's soybean crops will drop by 11 percent or 8.4 million acres. The demand for ethanol is increasing land costs in Iowa as farmers increase their corn crops. Department of Agriculture reported that the nation's farmers intend to plant 15 percent more corn acres in 2007, an increase of 12. Childers said buyers in these areas are predominately local agriculture producers looking to expand the businesses they already have, not energy corporations eager to move...

exports of consumer-oriented agricultural products to Mexico totaled more than $1. Entering its 11th consecutive year, EXPHOTEL is the largest trade show in the Mexican-Caribbean region focusing on the hospitality industry of hotels, restaurants, cafeterias, nightclubs, and bars. Pavilion at EXPHOTEL in Cancun is an easy, cost-effective way to promote products in this expanding market, with a choice of furnished booth packages. The Mexican tourism industry is ranked eighth in the world...

For corn, the persistent high rate of exports, along with large unshipped sales as of April 19, has led to ideas that exports for the current year could exceed the April projection of 2.25 billion bushels. In addition, some decline in feed use may also be expected due to reduced livestock feeding margins and increased consumption of byproduct feed from ethanol processing. Some decline in exports may be anticipated due to larger crops in the rest of the world. Shipments averaged 42 million...