Soybeans Archives - Page 101 of 514

Only minor acreage shifts expected for most Canadian crops in 2024

Major pulse crop acres expected to rise; canola, wheat expected to dip slightly

By Phil Franz-Warkentin January 24, 2024

Reading Time: < 1 minute Early planting estimates from Agriculture and Agri-Food Canada called for only minor adjustments to most major crops grown in the country in 2024, with reductions in wheat, canola and barley acres, and increases in oats and pulses.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets, Reuters

U.S. grains: Soybeans rise in technical rebound; corn ends firm, wheat flat

Gains limited by sizable South American crops; doubts over Chinese demand hangs over market

By Karl Plume, Reuters January 23, 2024

Reading Time: 2 minutes U.S. soybean futures Sv1 rose for a second straight session on Tuesday on technical buying and short covering after notching multi-year lows last week, although lacklustre demand and improved crop weather in top exporter Brazil limited gains.

Markets, Reuters

Accounting probe hits ADM as crop glut, lower margins point to tough 2024

ADM shares fell 24 per cent Monday as news of accounting issues broke

By Karl Plume, Reuters January 23, 2024

Reading Time: 3 minutes An investigation into accounting practices in Archer-Daniels-Midland's ADM.N Nutrition segment could not come at a worse time for the company as sinking crop prices look set to erode profit for its core grain trading and processing businesses this year.

CBOT soybeans ZSH24 on Jan. 22 with 20 and 50-day moving averages (Barchart)

Markets, Reuters

U.S. grains: Soybeans rise, led by soyoil and crude oil; wheat up, corn choppy

Crude oil futures rose almost 2 per cent on supply disruptions, supporting soy

By Julie Ingwersen, Reuters January 22, 2024

Reading Time: 2 minutes U.S. soybean futures climbed on Monday as soyoil futures jumped 2.7 per cent on short-covering and strength in crude oil, traders said.

Crops, Markets

Early signs point to increased crop production in 2024/25: AAFC

Rotation, moisture, expected prices, costs among main factors expected in seeding decisions

By Phil Franz-Warkentin January 22, 2024

Reading Time: 2 minutes A return to trend yields should see an increase in production for most of the major crops grown in Canada in the upcoming 2024/25 (Aug/Jul) marketing year, according to the first outlook for the season from Agriculture and Agri-Food Canada released Jan. 22.

Markets

Record large short position grows in canola

CBOT net short position on soybeans more than doubled

By Phil Franz-Warkentin January 22, 2024

Reading Time: < 1 minute The record large net short position in ICE Futures canola continued to rise in mid-January, as fund traders put on more bearish bets and liquidated long positions, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

CBOT corn ZCH24 on Jan. 19 with 20, 50 and 100-day moving averages. (Barchart)

Markets, Reuters

U.S. grains: Corn futures decline for sixth week in a row

Short-covering, positioning and U.S. export demand advance corn and wheat Friday

By Reuters, Tom Polansek January 19, 2024

Reading Time: 2 minutes U.S. corn futures lost ground for the sixth consecutive week and soybean futures declined the fifth week in a row after expectations for plentiful supplies pushed the markets to multi-year lows on Thursday.

CBOT soybeans ZSH24 on Jan. 18 with 20, 50 and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn futures end higher after setting multi-year lows

Beneficial rains have eased concerns about crop damage in Brazil from drought

By Reuters, Tom Polansek January 18, 2024

Reading Time: 2 minutes Chicago Board of Trade soybean futures dropped to their lowest level in more than two years on Thursday and corn futures set a three-year low before the markets turned higher on short covering and technical buying, analysts said.

Crops, General

China’s embrace of GMO crops gains momentum with new import, planting approvals

GMO corn, soybeans, cotton recently approved for domestic production in China

By Mei Mei Chu, Reuters January 18, 2024

Reading Time: 2 minutes China on Thursday approved additional varieties of genetically modified soybeans and corn for import and production while expanding their planting areas nationwide, as part of a drive to improve food security and reduce imports.

CBOT soybeans ZSH24 on Jan. 17, 2024, with Bollinger bands. (Barchart)

Markets, Reuters

U.S. grains: Soy futures drop near two-year low, corn sets three-year low

Wheat ended nearly unchanged after touching seven-week low on Tuesday

By Reuters, Tom Polansek January 17, 2024

Reading Time: 2 minutes Chicago Board of Trade soybean futures tumbled near a two-year low on Wednesday as Brazilian crops benefited from improved weather and challenged U.S. exports on the global market, analysts said.

Daily Network News

Canadian aquaculture should be classed as agriculture, industry groups say

CBOT Weekly: April supply and demand report a ‘nothing burger’

Canada blocks meats, dairy from Greece over foot-and-mouth disease

Soybeans

Only minor acreage shifts expected for most Canadian crops in 2024

U.S. grains: Soybeans rise in technical rebound; corn ends firm, wheat flat

Accounting probe hits ADM as crop glut, lower margins point to tough 2024

U.S. grains: Soybeans rise, led by soyoil and crude oil; wheat up, corn choppy

Early signs point to increased crop production in 2024/25: AAFC

Record large short position grows in canola

U.S. grains: Corn futures decline for sixth week in a row

U.S. grains: Soy, corn futures end higher after setting multi-year lows

China’s embrace of GMO crops gains momentum with new import, planting approvals

U.S. grains: Soy futures drop near two-year low, corn sets three-year low

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