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Soybeans

ICE November 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Weaker U.S. dollar ripples into canola

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Reading Time: < 1 minute MarketsFarm — As the Canadian dollar continues its rise, the adverse effects on canola could become more pronounced, according to Errol Anderson of ProMarket Communications in Calgary. Anderson’s expectations are for the loonie to hit a range of 75-77 U.S. cents, which could see canola drop $5-$10 per tonne. “The loonie, even though our economy […] Read more
The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Benign weather keeps corn, soybeans pointed down

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Reading Time: < 1 minute MarketsFarm — Good U.S. Midwestern weather should keep the bias to the downside in corn and soybean contracts at the Chicago Board of Trade over the next few weeks, according to an analyst. Corn hit fresh contract lows on Tuesday before showing some recovery Wednesday, but “it’s not looking like it’s hit a bottom just […] Read more
CBOT September 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn futures firm

CBOT soy eases on U.S. Midwest rain forecast

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures ticked higher on Wednesday, supported by a round of bargain buying and short-covering after posting sharp declines a day earlier, traders said. Soybean futures weakened to their lowest level since July 14, with forecasts in key growing areas of the U.S. Midwest calling for rains that […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Crop expectations spark sell-off in corn, soy futures

Bleak export prospects sink CBOT wheat

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures posted sharp declines on Tuesday, with the market focused on expectations for bumper yields across the U.S. Midwest this fall due to forecasts for rain in key growing areas, traders said. On a continuous basis, corn futures dropped to their lowest level since June 29 while […] Read more
CBOT September 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat futures fall on U.S. export woes

Corn, soybeans firm

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures dropped two per cent on Monday as rising expectations for harvests in Russia and Australia cast a shadow over already weak demand prospects for U.S. supplies, traders said. “Even though our prices are low, we are still being undersold,” said Al Kluis, managing director of Kluis Commodity Advisors. […] Read more
Photo: Getty Images
Crops, Markets, Reuters

U.S. grains: Soybeans firm as U.S. biodiesel data lifts soyoil; corn flat

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Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures rose on Friday for a second session as soyoil futures climbed more than 1 percent on demand from the soy-based biodiesel fuel sector, traders said. Corn futures were little changed, anchored by benign weather in most of the Midwest crop belt that favored good yields, while wheat futures […] Read more
Photo: Greg Berg
Crops, Weather

Saskatchewan crops in decent shape heading into August

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Reading Time: < 1 minute MarketsFarm – Crops throughout Saskatchewan rated as being in fair to good condition, according to the latest weekly crop report from Saskatchewan Agriculture. As of July 27, spring cereals, canola, field peas and soybeans were said to be in fair to excellent. The report said winter wheat and fall rye were ripening and maturing. Harvest […] Read more
Photo: File
Crops, Markets, Reuters

U.S. grains: Corn ends nearly flat as crop prospects offset big sales to China

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Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures closed fractionally higher on Thursday but held just above one-month lows, as benign crop weather and expectations of a large harvest offset news of massive U.S. corn sales to China, analysts said. Soybean futures ended firmer higher while wheat futures drifted lower. Chicago Board of Trade December corn […] Read more
Photo: Thinkstock
Corn, Reuters

U.S. sells record amount of corn to China as tensions rise

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Reading Time: 2 minutes Chicago | Reuters – Chinese buyers booked their single biggest-ever purchase of U.S. corn, extending their flurry of large U.S. purchases even as tensions between Washington and Beijing rise. The U.S. Agriculture Department said on Thursday that private exporters sold 1.937 million tonnes of corn to China for delivery in the 2020/21 marketing year. That topped the […] Read more
A crop of soft red winter wheat, grown at Szentimrey Seeds near Cambridge, Ont., in 2019.
Crops

The struggle for longer crop rotations

Growers know the benefits, but often the economics seem just too steep

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Reading Time: 7 minutes Modern agronomic science is clear. Longer rotations are better. Three crops are better than two, four are better than three. Yet commodity prices and weather conditions often confound the search for an ideal rotation. In 2019, corn had two knocks against it. The planting season turned wet. Plus, the market was weighed down by heavy […] Read more

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