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Soybeans

Erich Vetter was looking for challenge and opportunity when he abandoned Germany’s heavily regulated agriculture 13 years ago. In the valley, he says, he’s found plenty of both.
Crops, Features

The life of the Red River

It took vision to turn the Red River Valley into some of Canada’s most productive farmland. And it still takes vision to farm it today

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Reading Time: 10 minutes Two centuries ago, when the Scottish settlers first began to arrive, the Garden of Eden was nowhere in sight. This place was marsh, it seemed all but useless, and it took farmers to find the value in Manitoba’s famously fertile Red River Valley and to make it habitable. The valley was 60 per cent wetland […] Read more
Photo: iStock
Crops, Markets, Reuters

U.S. grains: Soybeans end mixed on South America rains, strong U.S. exports

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Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures were mixed on Monday as continued strong U.S. exports fuelled concern over tightening supplies, although crop-boosting rains in South America over the weekend lessened some of the concern. Corn was firmer on solid global demand for the grain. Wheat futures followed, lifted by technical buying and short covering […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Fund net long in canola steady, despite liquidation in U.S.

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Reading Time: < 1 minute MarketsFarm — The large net long position fund traders are holding in canola futures held relatively steady during the week ended Tuesday, despite long liquidation in U.S. grains and oilseeds, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders on Tuesday were holding […] Read more
CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat posts weekly dip as supply worries ease

Corn, soy futures also lower

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell more than one per cent on Friday and recorded a weekly loss as expectations for bumper wheat harvests in Australia and Canada tempered fears of tightening global supplies. Corn and soybean futures declined on forecasts for beneficial rains in northern and central Brazil, although worries about dry […] Read more
Huawei chief financial officer Meng Wanzhou arrives at court in Vancouver on Nov. 23, 2020. (File photo: Reuters/Jennifer Gauthier)
Crops, Reuters

U.S. in talks with Huawei exec on resolving criminal charges, source says

'This would be a great way to end this nightmare'

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Reading Time: 3 minutes Reuters — U.S. prosecutors are discussing a deal with lawyers for Huawei chief financial officer Meng Wanzhou to resolve criminal charges against her, a person familiar with the matter said, signaling a potential end to a case that has strained ties between the U.S., China and Canada. Negotiations between Meng’s attorneys and the U.S. Justice […] Read more
CBOT January 2021 soybeans (candlesticks) with 20-day moving average (green line) and CBOT January 2021 soyoil (black line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans up one per cent as soyoil climbs

Corn up; wheat declines on global supply outlooks

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose about one per cent on Thursday, rallying on bargain buying after a two-week low set a day earlier and on uncertainty about South American crop prospects, traders said. Soybeans also drew support from strength in soybean oil futures, which advanced about two per cent on news of […] Read more
CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy futures sag on improving Brazil weather

CBOT March wheat rallies

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dipped to a 2-1/2 week low on Wednesday as forecasts for much-needed rains in portions of Brazil’s crop area prompted a round of long liquidation and profit-taking, traders said. Wheat futures rose, rebounding on bargain buying a day after the benchmark Chicago Board of Trade (CBOT) March contract […] Read more
ICE January 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Two reports likely to increase canola values

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Reading Time: 2 minutes MarketsFarm — Although canola has seen some backpedalling this week, the markets should get two good shots in the arm from a pair of reports, according to Wayne Palmer, analyst with Exceed Grains in Winnipeg. The first will very likely come from the principal field crops report , to be released Thursday by Statistics Canada. […] Read more
CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Soybeans

CBOT weekly outlook: Soy trade watching weather, export demand

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Reading Time: < 1 minute MarketsFarm — Soybean contracts on the Chicago Board of Trade tested contract highs around US$12 per bushel in overnight trade earlier in the week, but couldn’t maintain those levels due to a lack of support. A technical selloff put pressure on prices on Wednesday, with the nearby January contract closing down by nine cents at […] Read more
CBOT March 2021 wheat (candlesticks) with MGEX (green line) and K.C. (orange line) March 2021 wheat. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat futures hit two-month low

Soybean, corn futures also decline

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Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures hit a two-month low on Tuesday, pressured by improving U.S. winter wheat crop ratings, strong export competition and rising estimates of Australia’s harvest, analysts said. Corn and soybean futures also sagged, retreating from early strength as traders focused on forecasts for welcome rains in South American crop regions. […] Read more

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