Soybeans Archives - Page 125 of 514

Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)

Canadian canola, wheat area up on the year: StatCan

More soybean, corn acres also estimated

By Phil Franz-Warkentin June 28, 2023

Reading Time: 2 minutes MarketsFarm — Canadian farmers planted more canola than earlier intentions, according to updated acreage estimates from Statistics Canada released Wednesday. Meanwhile, wheat plantings hit their highest level in more than two decades. Total canola plantings were estimated at 22.1 million acres by the government agency, which compares with the 21.6 million expected in April and […] Read more

CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy slide as Midwest rain outlook improves

Wheat drops on Russia production outlook

By Julie Ingwersen June 27, 2023

Reading Time: 2 minutes Chicago | Reuters — U.S. new-crop corn and soybean futures fell on Tuesday to their lowest in more than a week, pressured by forecasts for much-needed rains in the Midwest where crops have been deteriorating under dry conditions, analysts said. Wheat futures tumbled more than five per cent as worries subsided about political instability in […] Read more

Crops

Good looks and high yields don’t always go together

Precision-planted crops look great at emergence, but lose that edge if timely rains don't come

By Alexis Kienlen June 27, 2023

Reading Time: 3 minutes If your greatest joy in farming is seeing nice, even emergence, you can’t beat a precision planter. “We tried a bunch of pulse crops, including field peas, chickpeas, lentils, faba beans, soybeans, and we also tried it on irrigated durum and hemp,” said Farming Smarter researcher Gurbir Dhillon. “Seedling emergence and stand establishment improved across […] Read more

Canola, Crops, Markets

Net short drops in canola as funds cover positions

Traders expand net longs in soy, corn

By Phil Franz-Warkentin June 27, 2023

Reading Time: < 1 minute MarketsFarm — Speculative traders were busy covering short positions in ICE Futures canola during the week ended June 20, taking the net short position in the market to its smallest level in four months, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of June 20, the […] Read more

CBOT September 2023 soft red winter wheat with 200-day moving average, MGEX September 2023 hard red spring wheat (yellow line) and K.C. September 2023 hard red winter wheat (orange line). (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat retreats after Russia worries lift market

Wheat down off four-month peak; corn and soybeans also retreat

By Karl Plume June 27, 2023

Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures declined on Monday in a technical and profit-taking retreat after concerns about political stability in major exporter Russia had lifted prices earlier to four-month highs. Corn ended mixed and soybeans closed below session highs as milder temperatures and crop-boosting rains in parts of the U.S. Midwest over the […] Read more

Crops, Markets

Analysts expect little change in new StatCan numbers

Weather was 'pretty conducive to plantings'

By Adam Peleshaty June 26, 2023

Reading Time: 3 minutes MarketsFarm — Dry conditions in much of the Prairies this spring may leave seeding areas relatively unchanged ahead of Statistic Canada’s (StatCan) principal field crop report, due to be released Wednesday. It will be the second survey-based acreage report for the 2023-24 marketing year, after the first one was released in April. While growing conditions […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans, wheat fall ahead of weekend

Rainfall in U.S. Midwest forecasts

By Mark Weinraub June 24, 2023

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell to one-week lows on Friday, pressured by forecasts for beneficial rains in the U.S. Midwest, traders said. Wheat futures also were lower, with traders locking in profits from a rally that has pushed prices higher for five weeks in a row. Signs […] Read more

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soy, corn down off multi-month highs

CBOT winter wheat firm

By Mark Weinraub June 22, 2023

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Thursday, pressured by a round of profit-taking and some weather outlooks that called for relief to drought-stricken crops in the U.S. Midwest, traders said. “The markets have obviously been overbought on the run-up here on weather,” said Mark Soderberg, grains research […] Read more

Crops, Machinery, Reuters

U.S. to boost biofuel mandates over next three years

Biofuel groups still feel shortchanged

By Jarrett Renshaw, Stephanie Kelly June 22, 2023

Reading Time: 3 minutes Reuters — The Biden administration on Wednesday increased the amount of biofuels that oil refiners must blend into the United States’ fuel mix over the next three years, but the plan has angered the biofuel industry, which says mandates for corn-based ethanol and biodiesel are not high enough. The U.S. Environmental Protection Agency has finalized […] Read more

ICE July 2023 canola with 20-day moving average (yellow line, right scale) and CBOT July 2023 soybean oil (dark green line, left scale). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola market rising into summer

New StatCan acreage estimates out next week

By Phil Franz-Warkentin June 22, 2023

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts have climbed steadily higher since their late-May lows, nearing chart resistance to the upside on the first day of summer. Updated renewable fuel targets released by the U.S. Environmental Protection Agency failed to live up to expectations, sparking a speculative selloff in soyoil. While the limit-down move in soyoil […] Read more

Daily Network News

New strategies needed for Canadian agriculture to stand out in global trade

Feed Grains Weekly: Cash prices for wheat, barley largely flat

The Canadian GMO mustard wars: Dijon vs canola

Soybeans