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Corn and Soybean Futures Drop

U.S. Losing Ground as Biggest Producer of Corn and Soybeans

By , Farms.com

Soybeans fell to its lowest numbers since June, primarily based on speculation that improving crops in South America will slow the demand for supplies for the U.S. Similarly, U.S. corn will be marking its longest weekly slump since Sept 2011.

It’s expected that upwards of 3 inches of rain will fall over the next week, which will likely produce favorable conditions for both corn and soybeans in Brazil. In general, South America weather is looking favorable, especially for the bigger crops. This may signal a shift from U.S. being the biggest supplier of corn and soybeans to farmers oversees who are producing more.

Soybean futures for March delivery dropped 1.4 percent to $13.6675 a bushel. Corn futures for March delivery fell 0.3 percent to $6.8725 a bushel.


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Demco Dual Aguer Grain Carts — Fire Safety Systems, Right or Left-Handed Unload, and More!

Video: Demco Dual Aguer Grain Carts — Fire Safety Systems, Right or Left-Handed Unload, and More!


Demco's dual auger grain cart is designed for unloading efficiency, operator visibility, and safety in the field.

This dual-auger design features both an unload auger and a floor auger for enhanced grain cleanout and consistent flow, and the 22-inch unload auger is capable of moving up to 600 bushels per minute.

Farmers can also choose between right or left-handed unload options—right-handed unload improves visibility from the tractor cab. A new design allows both vertical and horizontal movement for precise grain placement during unloading.

Another key feature is the built-in fire safety system; a 300-gallon onboard water tank with a hose reel that provides field-ready fire suppression capability.

These dual auger grain carts are available in 1100, 1300, 1500, 1700, and 2200 bushel sizes.