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Soybeans

CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT soy, corn rise on weather delays in Brazil

Chicago May wheat settles firm

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures surged 1.6 per cent on Tuesday to their highest in more than five weeks on expectations that a slow harvest in Brazil will add further stress to the already tight supply situation in the United States, traders said. Corn futures also were strong, hitting a two-week high as […] Read more
Canada fleabane rosette during October.
Crops

Pest Patrol: Management practices that controlled glyphosate-resistant weeds in 2020

#PestPatrol with Mike Cowbrough, OMAFRA

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Reading Time: 3 minutes Several Ontario agronomists recently shared their most successful strategies for managing glyphosate-resistant weeds. Four general strategies were identified: 1. Inclusion of winter wheat in the crop rotation By early spring, winter wheat’s dense ground cover does not provide a good environment for annual weeds, like waterhemp, to germinate. There are also many herbicides that are […] Read more
Palmer amaranth. (United Soybean Board photo)
Crops

Arkansas confirms first-ever glufosinate-resistant broadleaf

Researchers find Palmer amaranth strains in two counties

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Reading Time: 2 minutes Researchers in the southern U.S. have found what they say is the first broadleaf weed in the world to beat the active ingredient in BASF’s Liberty herbicide. The University of Arkansas last week announced its ag researchers had found glufosinate-resistant Palmer amaranth in crops in two eastern Arkansas counties across the Mississippi River from Memphis. […] Read more
CBOT May 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, soy, corn futures rise

Still remain below multi-year peaks

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Monday, led by a 2.2 per cent gain in the benchmark Chicago Board of Trade May soft red winter wheat contract, as traders focused on the condition of the crop after severe cold snaps in key growing regions. “Wheat is receiving some support from cold weather […] Read more
CBOT November 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans rise as USDA projects tight supplies into 2022

Wheat slumps on profit taking, nearby corn also slips

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) forecast domestic supplies of the oilseed would remain historically tight into 2022 despite its projection for a record-large harvest this autumn. Corn futures were mixed, with nearby contracts slipping from earlier highs on profit-taking ahead of the weekend, […] Read more
CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn slump on record USDA acreage projections

Wheat gains on harsh U.S. cold, surging European wheat

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Reading Time: 2 minutes Chicago | Reuters — Corn and soybean futures retreated on Thursday after the U.S. Department of Agriculture (USDA) projected that U.S. farmers would devote more acres to the two crops this spring than any year on record. U.S. wheat futures, meanwhile, climbed to the highest level in 2-1/2 weeks on rallying European wheat prices, a […] Read more
ICE March 2021 canola with 20- and 50-day moving averages and CBOT May 2021 soybean oil (dark green line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: March canola contract not quite out of game

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Reading Time: 2 minutes MarketsFarm — ICE Futures’ March canola contract doesn’t have too much to do with the price of the Canadian oilseed directly now but still can influence prices in coming days, according to Keith Ferley of RBC Dominion Securities in Winnipeg. Open interest in the March contract was around 15,000 as of Feb. 17. Ferley noted […] Read more
CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Weather wreaks havoc on crops

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Reading Time: < 1 minute MarketsFarm — Unusual weather, both in North and South America, has significantly affected commodities this week at the Chicago Board of Trade, according to a broker. A brutal cold snap, extending from northern Canada to the U.S.-Mexico border, has slowed down soybean crushing, halted production at ethanol refineries and raised energy prices in the U.S., […] Read more
CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat climbs to one-week high on frigid U.S. weather

Corn, soy futures follow firm trend

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed to a one-week high on Tuesday, rising more than three per cent on fears that frigid temperatures in the bread basket of the U.S. Plains may have damaged winter wheat, analysts said. Corn and soybean futures followed the firm trend, with a strong U.S. soy-crushing pace and […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Funds add to net longs in canola, U.S. futures

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Reading Time: < 1 minute MarketsFarm — The large managed-money net long positions in soybean, corn and canola futures increased during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders were holding a net long position in ICE Futures canola of 43,967 contracts as […] Read more

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