Discover and read the best of Twitter Threads about #soybeans

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Bad weather in the United States and disease in China are threatening food shortages globally and massive inflation. Our national security and stability is at stake over the next few years.
One of the biggest reasons inflation has remained so low over the past half decade is record growing seasons in the United States and Russia for #corn #wheat and #soybeans However this year is the worst season on record as cold, rainy weather delayed #plant19 by several weeks.
Planting progress for all three crops was beyond dismal this year. In fact, it was the slowest planting progress ever on record and many farmers simply chose to skip this year.
Read 21 tweets
Only 67% of U.S. #corn was planted as of June 2, well below the five-year average of 96%. That is +9 points on the week and below the trade guess of 71%.

The planting pace has been RECORD slow for 2.5 weeks now. #plant19
U.S. #soybeans were 39% planted as of June 2, now the SLOWEST on record and well below the average of 79%. That is +10 points on the week. The trade was expecting progress at 42%. #plant19
#Corn planting, June 2 (5yr avg):
Illinois 45% (98%)
Indiana 31% (94%)
Ohio 33% (90%)
Iowa 80% (99%)
Minnesota 76% (98%)
Nebraska 88% (98%)
S Dakota 44% (96%)
Michigan 42% (87%)
Missouri 69% (97%)
Wisconsin 58% (91%)
N Dakota 81% (93%)
Kansas 79% (93%)
#plant19
Read 5 tweets
A view of the #CropWatch19 #corn field in southern Illinois. Half of the 90 acres needs replanting but it is far too wet to attempt that now. And more rain may be coming early next week. Planted May 18.
Here's the end rows on the higher ground. #Corn in this part of the field is looking average at best right now.
The #CropWatch19 #soybeans in southern Illinois, right next to the corn, are in better shape than the corn but at least 10 acres of the 90 need replanting - if it ever dries up.
Read 5 tweets
USA planted 8.4 million acres of #corn in the week ended May 26, but there is still almost 39 million to go. Illinois planted the most (1.2 mln acres) but they still have the most to plant (7.3 mln). South Dakota still has 4.5m to go and Indiana 4.3m. #plant19
Nebraska's final planting date for full insurance was May 25, as was most of North and South Dakota. Just the corn-heavy southeast portion of SD, as well as a couple counties in SE ND, have until May 31. All of IA, MN, WI. MO, and KS will also be at the cutoff by May 31.
As of May 26, U.S. farmers still had 60 million acres of #soybeans left to plant. North Dakota planted 1.43 million acres last week - the most by far of any state. Illinois has the most left to do at 9 million. Insurance dates are still 2-4 weeks away. #plant19
Read 3 tweets
Only 58% of U.S. #corn was planted as of May 26, the slowest pace on record. That is only +9 points on the week and drastically lower than the average of 90%. The trade was expecting 63%. #plant19
U.S. #soybeans were 29% planted as of May 26 versus 19% in the previous week and an average of 66%. Trade expected 31%. Spring #wheat was 84% planted versus 70% in the previous week and an average of 91%. Trade expected 83% on spring wheat. #plant19
#Corn planting progress, May 26:
Illinois 35% (5yr avg 95%)
Indiana 22% (avg 85%)
Iowa 76% (96%)
Minnesota 66% (93%)
Nebraska 81% (94%)
Ohio 22% (78%)
N Dakota 63% (85%)
S Dakota 25% (90%)
Wisconsin 46% (82%)
Missouri 65% (95%)
Kansas 70% (88%)
Michigan 33% (73%)
#plant19
Read 7 tweets
U.S. planting progress, May 12:
#Corn 30% (23% last week, 66% average, trade guess 35%)
#Soybeans 9% (6% last week, 29% avg, trade guess 15%)
Spring #wheat 45% (22% last week, 67% avg, trade guess 35%)
#plant19
Notable delays, #corn:
Illinois 11% (5y avg 82%)
Indiana 6% (avg 57%)
Iowa 48% (76%)
Minn 21% (65%)
Ohio 4% (47%)
Nebraska 46% (72%)
N Dak 11% (43%)
S Dak 4% (54%)
Michigan 5% (34%)
Wisconsin 14% (46%)
Missouri 52% (87%)
#plant19
Notable delays, #soybeans:
Illinois 3% (5yr avg 34%)
Indiana 2% (26%)
Iowa 13% (31%)
Arkansas 21% (53%)
Mississippi 33% (69%)
Louisiana 53% (75%)
Minnesota 3% (36%)
N Dak 5% (20%)
S Dak 0% (19%)
Wisconsin 4% (17%)
Michigan 3% (17%)
Ohio 2% (20%)
Nebraska 20% (32%)
Read 3 tweets
FRIDAY MORNING IN ENERGY: And I’d like to talk energy, but really, I’ve got to talk trade first after we’ve got new tariffs coming, a lot of research notes, and very nervous markets… #OOTT #tradewar #China #trade
… as always you can follow our coverage here on Reuters.com. Our lead story right now is, the US escalated the trade war with more tariffs after the Chinese made major changes in the agreement that blew everything up earlier in the week.

reuters.com/article/us-usa…
Trump has said he’s in no rush to complete the deal. So we’ve got that going for us. #trade #china Ttradewar

reuters.com/article/us-usa…
Read 26 tweets
Tweets from Trump just now:

"With the over 100 Billion Dollars in Tariffs that we take in, we will buy agricultural products from our Great Farmers, in larger amounts than China ever did, and ship it to poor & starving countries in the form of humanitarian assistance."
And next in the chain:

"Our Farmers will do better, faster, and starving nations can now be helped."
Not sure which agricultural products he's talking about, but we have an oversupply of soybeans and we're heading there on corn. Poor & starving nations don't have robust livestock industries so I'm not sure how this is supposed to work. People don't eat corn/soybeans.
Read 8 tweets
🇨🇦 🇺🇸 🇨🇳 🇮🇷 #Canada arrests #Huawei’s global chief financial officer in Vancouver – The Globe and Mail
theglobeandmail.com/canada/article…
A gauge of #technology shares on the MSCI #Asia Pacific Index slid as much as 3 percent before paring some losses - Bloomberg
🇺🇸 #SPX ⬇ as much as 1.9% from Tuesday’s close, before paring some losses. Selling pressure early in the session was so intense that it forced CME Group to intermittently pause trading, according to a spokesperson for the exchange - Bloomberg
*Link: bloom.bg/2BTw5DN
Read 736 tweets
If you, like me, cannot point to a single thing @RepFrenchHill has done for the benefit of his constituents in #AR2 then you owe it to yourself and everyone else in the seven county area to vote for @clarketucker this November. #arpx #Vote #Midterms2018
.@RepFrenchHill has voted to end coverage for pre-existing conditions. He doesn't care whether or not you can afford to see a doctor, or even if your health insurance will cover a visit. He does not care about #Arkansans #AR2 #ByeFrench #VoteThemOut #arpx
.@RepFrenchHill supports @realDonaldTrump #ConcentrationCamps for migrant children, infants, and toddlers. He refuses to speak up about these egregious #HumanRights violations. #Arkansas deserves a better, more humane representative in #AR2 - @clarketucker is that person! #Vote
Read 89 tweets

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