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Soybeans

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Crops, Markets, Reuters

U.S. grains: Soybeans gain as South American supply falters

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Reading Time: 2 minutes Chicago | Reuters – Chicago soybeans continued to rally on Wednesday as an Argentine labor strike slowed exports, even as rain moving into the country relieved some concern over drought. Wheat and corn followed soybeans, supported by Argentina’s export woes and concerns over prolonged dryness for developing South American crops. The most active soybean futures […] Read more
Photo: iStock
Canola, Markets, Soybeans

Canadian canola crush running strong

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Reading Time: < 1 minute Canada’s canola crush is running slightly ahead of the year ago level, according to updated data from Statistics Canada. With 917,992 tonnes of the oilseed crushed in November, the 2020/21 (Aug/Jul) crop-year-to-date total of 3.465 million tonnes compares with the 3.309 million tonnes processed during the same timeframe the previous year. The November canola crush […] Read more
(Getty Images)
Crops, Markets, Reuters

U.S. grains: Soybeans end higher for direction amid Argentine supply woes

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Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures ended higher on Tuesday after trading both sides of even as the markets weighed South American rainfall against the ongoing labor strike disrupting Argentine exports, while traders took profits ahead of the U.S. holiday break. U.S. wheat futures also benefited from the cargo backups in Argentina, and corn […] Read more
Since soybeans don’t need specialized equipment, Prairie growers can easily move in and out of the crop every year.
Crops, Soybeans

Prairie soybeans settle back

Three years of dry Augusts might make for good cereal harvesting weather, but leave soybeans struggling for pod fill

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Reading Time: 3 minutes After a stratospheric climb early in the last decade, Prairie soybean acreage has been on a downturn for the past three years. Manitoba acreage rose from 520,000 in 2010 to almost 2.3 million in 2017, but fell every year since to 1.15 million this past spring. Saskatchewan followed a similar pattern, reaching 850,000 acres in […] Read more
CBOT March 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans touch six-year high on Argentina strike, weather

Grains complex rebounds after stepping back on news of new coronavirus strain

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybeans climbed to six-year highs on Monday as weather and export troubles in Argentina outweighed concerns of a new coronavirus strain hitting Britain. Corn and wheat futures traded near even as soybeans supported the grains complex. Chicago Board of Trade most-active soybeans gained 23-1/2 cents to $12.47-1/2 per bushel, after […] Read more
Nevills added wheat testing services to their operation in 2012.
Crops

A higher commitment

This independent farm in Kent County provides a valued service to private sector companies

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Reading Time: 6 minutes The history of agriculture in Ontario’s Kent County is filled with superlatives. Its rich past includes decades of prosperity for area growers, who fed processors like Campbell’s and Libby’s with a variety of produce for over a century. Farm organizations such as the Ontario Wheat Producers’ Marketing Board and the Ontario Soybean Growers also called […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Funds sitting on large net long in canola

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Reading Time: < 1 minute MarketsFarm — The net long position fund traders are holding in canola futures remains historically large, with almost all of the managed money in the market sitting on the long side, 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 […] Read more
CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans touch 6-1/2 year high

Corn follows as traders eye South American crops

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures surged to their highest in 6-1/2 years on Friday as the rain outlook in key South American growing areas remained uncertain, threatening harvest prospects as global demand strengthens, traders said. Forecasts of low U.S. soybean inventories and strong demand from U.S. processors and importers like China have made […] Read more
CBOT March 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, wheat, soybeans rally with exports in focus

CBOT March wheat passes US$6 mark

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean and corn futures rose on Thursday, with soybeans soaring past the US$12 a bushel mark and hitting a fresh 4-1/2-year high after a strong weekly export report sparked a rally, traders said. The good demand for U.S. supplies highlighted concerns about potential harvest shortfalls in South […] Read more

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