Daily Network News

More News →

Soybeans

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn turn bearish

Traders keep an eye on South America

By
Reading Time: < 1 minute MarketsFarm — Soybean and corn futures backed away from multi-year highs during the week ended Wednesday, as investors took profits and weather conditions showed some improvement in South America. “The technicals are a little bearish for both corn and beans,” said Terry Reilly of Futures International in Chicago. The managed money long position in soybeans, […] Read more
CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans fall, pressured by fund selling

Brazil, Argentina showers ease soy, corn supply concerns

By
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures fell on Wednesday, touching their lowest in more than a week, pressured by technical selling combined with rains across South America, which eased supply concerns. Corn followed, also pressured by beneficial South American rains, while wheat ended lower, but was supported by export optimism. The Chicago Board of […] Read more
CBOT March 2021 soybeans with 20-, 30- and 50-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans fall on South American rainfall

Russian export tax supports U.S. wheat; corn follows soybeans

By
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures slid on Tuesday as rain across South America strengthened crop prospects and bolstered the global supply outlook, traders said. Corn followed soybeans lower, but was supported by strong export demand and possible export limits in Ukraine. Wheat futures fell slightly, but were bolstered by an export tax in […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Funds’ net long position edges lower in canola

Net long increased in MGEX and K.C. wheats

By
Reading Time: < 1 minute MarketsFarm — Funds’ large net long position in canola narrowed slightly 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 as of Tuesday were holding a net long position in ICE Futures canola of 51,614 contracts, down by about […] Read more
K.C. March 2021 hard red wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat rises on Russian export tax plan

Corn, soybeans fall on profit-taking

By
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Friday, supported by Russia’s plan to double its tax on exports of the grain, while corn and soybeans fell as traders took money out of the market following their surge to multi-year highs earlier in the week. Wheat traded both sides of unchanged, ending in positive […] Read more
CBOT March 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn, wheat rally

Futures up, but below recent peaks

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose 1.7 per cent on Thursday, underpinned by the strong demand highlighted in the U.S. Agriculture Department’s monthly supply and demand report on Tuesday, traders said. Corn futures also rallied, with the market receiving a boost after the U.S. Environmental Protection Agency said it would not rule on […] Read more
Soybean planting showing leaf injury symptoms caused by a “bleaching” herbicide.
Crops, Soybeans

Pest Patrol: Crop injury from herbicide residues more common in 2020

#PestPatrol with Mike Cowbrough, OMAFRA

By
Reading Time: 4 minutes In 2020, a few farmers observed leaf injury in their soybean crops. The injury caused parts of the leaf to turn white, then yellow (see photo at top). This injury is typically caused by “bleaching” herbicides. It was odd, though, because the bleaching herbicide had been applied to the previous year’s corn crop, and it […] Read more
ICE March 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: WASDE spillover boosts canola

Canola may soon become price-sensitive, analyst says

By
Reading Time: 2 minutes MarketsFarm — Sharp increases in soybean, corn and wheat futures on Tuesday, following the release of the latest supply and demand report from the U.S. Department of Agriculture (USDA), in turn spilled over into canola. The most significant factors in USDA’s world agricultural supply and demand estimates (WASDE) were further reductions to ending stocks for […] Read more
CBOT March 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Futures surge to highest since 2014 as USDA cuts supply outlook

Wheat futures at six-year high; corn, soy at 6-1/2 year highs

By
Reading Time: 2 minutes Chicago | Reuters — U.S. corn, soybean and wheat futures surged to fresh multi-year highs on Tuesday after the U.S. Department of Agriculture (USDA) said 2020 U.S. corn and soy harvests were smaller than expected and stocks of key crops were thinner that previously thought. Corn jumped by as much as five per cent, while […] Read more
File photo of a Chinese cornfield. (Baona/iStock/Getty Images)
Corn, Crops, Reuters, Soybeans

China to approve further domestic GMO corn, soy crop varieties

By ,
Reading Time: 2 minutes Beijing | Reuters — China said on Monday it was set to approve the safety of another genetically modified (GMO) corn variety and a GMO soybean, both produced by Beijing Dabeinong Technology Group Co. Ltd. The move comes after China last year approved three domestically designed GMO crops as safe, the first in a decade, […] Read more

Latest Market News

More Market News →