Reading Time: < 1 minute MarketsFarm — Soybean and corn yields in the United States ended up much smaller than early expectations, according to updated supply and demand estimates released Tuesday by the U.S. Department of Agriculture. The resulting drop in production and ending stocks has sent futures rallying to new contract highs, with more gains likely. Average U.S. soybean […] Read more
CBOT weekly outlook: Bullish USDA report sends soy, corn up sharply
U.S. legal system helps weeds win
Luckily, Canadian producers are still outside the reach of the Ninth Circuit Court ruling on dicamba-based herbicides
Reading Time: 5 minutes In farming circles, the term “less-forgiving” has become more than a cliché. It’s now a mirror on reality. Farmers are already dealing with an incredible list of challenges and complexities, including everything from new seed technologies, concerns about land costs, equipment decisions, commodity markets, trade issues… you name it. Now growers in the U.S. must […] Read more
Soybean inoculant a rare find
This innovative inoculant begins with a new bacterial species, then stacks it with another
Reading Time: 3 minutes Soybean inoculants have undergone considerable change in the past 30 years, evolving from non-sterile to sterile formulations in the 1990s and then to an almost complete reliance on the Bradyrhizobium japonicum bacterial species, with other strains added during the first decade of the 2000s, although primarily as nodulating triggers or plant growth-promoting rhizobacterium (PGPR). Now, […] Read more
U.S. EPA approves XtendiMax use for five years
Court ruling had blocked dicamba sales
Reading Time: 2 minutes Chicago | Reuters — The U.S. Environmental Protection Agency will allow farmers for the next five years to spray crops with a Bayer herbicide whose sales were blocked by a U.S. appeals court in June, EPA administrator Andrew Wheeler said Tuesday. XtendiMax, a dicamba-based herbicide that is sprayed on soybeans and cotton genetically engineered to […] Read more
CBOT weekly outlook: After October rally, November ‘is for bears’
Reading Time: < 1 minute MarketsFarm — Commodities on the Chicago Board of Trade (CBOT) have seen a counter-season rally, with a correction expected in the near future. “Markets are definitely overbought,” said Scott Capinegro of Barrington Commodity Brokers in Barrington, Ill. “It’s harvest and we’re still rallying.” World weather conditions are part of the driving force behind the rally, […] Read more
Cream of Wheat maker to buy Crisco line from Smucker
Shortening, cooking oil brand goes to B+G Foods
Reading Time: 2 minutes The U.S. company behind the Crisco brand of cooking oils and shortenings is selling that product line to the maker of Cream of Wheat cereal and Green Giant vegetables. New Jersey-based B+G Foods announced Monday it will buy the Crisco product lines from Ohio-based J.M. Smucker for about US$550 million (C$725.1 million). The sale includes […] Read more
CBOT weekly outlook: Export demand supports wheat, soy
Lower U.S. dollar also supportive
Reading Time: < 1 minute MarketsFarm — Strong global demand, paired with concerns of dry growing conditions in key regions, has spurred U.S. wheat prices higher. “Some countries are getting nervous with the persistent dryness in several regions, which could reduce the supply of quality global wheat,” said Terry Reilly of Futures International in Chicago. Dry growing conditions in Ukraine, […] Read more
Pest Patrol: Soybean cyst nematode (SCN) and sudden death syndrome (SDS)
#PestPatrol with Albert Tenuta, OMAFRA
Reading Time: 2 minutes The dry conditions in 2020 have been favourable for soybean cyst nematode (SCN) infection. A reminder that you can look for SCN by digging up plants with a shovel and gently removing soil and examining roots for the presence of the small white to yellow cysts (Figure 1 below). Cysts are considerably smaller (1 mm) […] Read more
CBOT weekly outlook: Watch for USDA’s corn, soy stocks numbers to decline
Reading Time: 2 minutes MarketsFarm — Expect ending stocks for U.S. corn and soybeans to be lower in the upcoming supply and demand report from the U.S. Department of Agriculture (USDA), said Scott Capinegro of Barrington Commodities at Barrington, Ill. USDA is scheduled to release its next world agriculture supply and demand estimates (WASDE) on Friday at 11 a.m. […] Read more
Canadian corn, soybean stocks increase
Reading Time: < 1 minute MarketsFarm — New stats show larger soybeans and corn stocks in Canada as of July 31 when compared to the same time last year. Statistics Canada issued its updated report on stocks of grain and oilseeds on Tuesday morning. The federal agency said combined farm and commercial stocks of corn rose by over 29 per […] Read more
A message from April Stewart, Country Guide's Associate Editor
