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Soybeans

(USDA.gov via Flickr)
Crops, Markets

USDA’s supply and demand report largely stands pat

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Reading Time: 2 minutes MarketsFarm — Any changes in the latest monthly supply and demand report from the U.S. Department of Agriculture (USDA) on Tuesday were few and far in between when it came to corn, wheat and soybeans; what the markets largely expected. However, there were some small revisions to the department’s global projections. That meant USDA’s March […] Read more
CBOT May 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, corn follow broad market rebound

Investors keep eye on stimulus proposals

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures each rose for the first time in four sessions on Tuesday as expectations of policy action to curb economic fallout from the coronavirus outbreak helped financial markets regain ground after a day-earlier drubbing. Wheat futures also closed higher in technical moves after a choppy session, although […] Read more
CBOT May 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, corn follow as global markets slump

Wheat turns higher

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell more than two per cent on Monday and corn fell nearly one per cent as concern over the economic fallout from the coronavirus and a crash in crude oil prices pushed equities and other commodities sharply lower. Wheat futures on the Chicago Board of Trade turned higher, […] Read more
A gaucho drives a carriage through the pampas (lowland plains), a primary farming and ranching region of Argentina. (CIA.gov)
Crops, Markets, Reuters, Soybeans

Argentine farmers strike to protest export tax hike

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Reading Time: 2 minutes Buenos Aires | Reuters — Argentine farmers began a four-day sales strike on Monday to protest the government’s hike of export taxes for soybeans and their byproducts, though shipments were not impacted in the major global food exporter. Three of the South American country’s four main rural associations announced the strike last week in frustration […] Read more
For Craig (left), David, Ryan and Brian, and for the entire family, the path to succession has focued on merging the lessons of two and a half centuries of family history with the realities of running an efficient, profitable farm operation.
Guide Business, Succession strategy

The 10th generation farm

In central Nova Scotia, Cornwallis Farms has been in the same family for nine generations. So how are they planning for David’s arrival, and the start of a whole new chapter?

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Reading Time: 8 minutes Thinking back to 2011, David Newcombe told his family that they’d missed a milestone on their farm — and a chance to throw a big party. But another chance will come. “In 2061 we’ll have a 300-year anniversary,” says Newcombe, now 28. That’s a lot of confidence, yet on this farm, you might say they’ve […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Fund traders cover some bearish bets in canola, soybeans

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Reading Time: < 1 minute MarketsFarm — Fund traders were buying back short positions in canola, soybeans and corn during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). In the wheat market, however, they were on the other side. The net managed money short position in ICE […] Read more
CBOT May 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy, wheat slide with financial markets

Drop in oil prices adds pressure on corn

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures fell on Friday as the spread of the new coronavirus triggered broad selling in commodities and equities. Wall Street tumbled as fears of economic damage intensified with the global tally of cases crossing 100,000. Financial markets view the virus, which causes a flu-like illness, as the […] Read more
CBOT May 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Virus worries, export sales drag on soybeans

Corn down on rising U.S. ethanol stocks

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Thursday on poor export demand coupled with declines in global equity markets tied to worries about an economic slowdown due to the COVID-19 coronavirus, analysts said. Corn followed soybeans lower while nearby Chicago Board of Trade wheat futures clung to modest gains, supported by inter-market spreading. […] Read more
CBOT May 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy up on export hopes, financial market gains

Wheat resumes downtrend after bounce Tuesday

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose for a third day on Wednesday, nearing a six-week high, on hopes for increased export demand and spillover support from gains in financial markets. Corn futures set a five-week high, while wheat futures slumped. Traders said U.S. soy exports may benefit from an increase in taxes on […] Read more
CBOT May 2020 corn with Bollinger (20,2) bands. (Barchart)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soybeans, corn recover

More gains possible

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Reading Time: < 1 minute MarketsFarm — Soybean and corn futures at the Chicago Board of Trade moved off of nearby lows over the past week, with more upside a possibility, according to an analyst. “In general, with the recovery in energy prices and global markets, we’re seeing a little support come into the agricultural markets,” said Terry Reilly of […] Read more

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