Reading Time: 2 minutes CNS Canada — Traders aren’t expecting much to move corn and soybean markets in upcoming weeks as the U.S. moves into holiday mode. “These markets are going to just be very choppy and of course we’re going into December and nobody likes to work (during the holiday season). There’s more parties, Washington goes on Christmas […] Read more
CBOT weekly outlook: Markets quiet heading into holidays
Soybean exports face stiff U.S. competition
Reading Time: 2 minutes CNS Canada — Although the ongoing trade war between China and the U.S. has been a good opportunity for Canada to increase its soybean exports to China, industry experts say there have been tradeoffs elsewhere. That trade war between the world’s two largest economies is expected to continue, or perhaps flare up, as the G-20 […] Read more
CBOT weekly outlook: Rangebound soy, corn look for fresh news
Reading Time: 2 minutes CNS Canada — With Midwestern harvest operations nearing completion for the year, rangebound U.S. grain and oilseed markets are looking for fresh news to provide direction. Soybean, corn and wheat futures all remain stuck in relatively sideways trading patterns and “the only thing that will change that is an adverse situation in South American weather, […] Read more
USDA sees ballooning soy supplies as trade war roils exports
Reading Time: 2 minutes Chicago | Reuters – The U.S. soybean crop will be smaller than expected but stocks are forecast to rise sharply as a trade fight with China weighs heavily on exports, the U.S. Agriculture Department said on Thursday. The government also trimmed its outlook for domestic corn production in its monthly supply and demand report, with yields from […] Read more
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Higher yields begin with enhanced management practices, which means continuous learning
Reading Time: 6 minutes In recent growing seasons, the disparity between corn and soybeans has been getting harder to ignore. The frustration has been getting harder to ignore too. Why can’t farmers raise their soybean yields as quickly and as reliably as their corn? There’s little debate that corn yields have advanced greatly in the past 20 years, to […] Read more
ADM profit tops estimates on export sales, oilseeds
Reading Time: 2 minutes Reuters – Archer Daniels Midland Co reported a bigger-than-expected quarterly profit on Tuesday, as the U.S. grain merchant made export sales to buyers in countries other than China during an escalating trade war between Washington and Beijing. Strong margins for oilseeds crushing also boosted earnings. The United States and China have imposed tariffs on hundreds […] Read more
Looking ahead to farming’s future investment
For Adam Ireland, farming means more than just growing a crop, it’s doing things the right way
Reading Time: 7 minutes These days, describing what it means to be a farmer is almost as challenging as, well, being a farmer. Part science, part art form, the job description also requires an expert understanding of agronomy, commodity markets, weather, emerging trends and technologies, consumer demand, environmental issues… the list goes on and on. And as if that’s […] Read more
Brazil in talks to boost soymeal exports to China
Reading Time: 2 minutes Sao Paulo | Reuters – Brazil’s soy processing executives are in talks with Chinese government officials over ways to increase soymeal exports to the Asian nation, industry group Abiove said on Monday. China already buys around 80 percent of Brazilian soybean exports. According to official data, Brazil exported 55 million tonnes of soybeans to China […] Read more
CBOT weekly outlook: Trade woes keep soybeans pointed lower
Reading Time: < 1 minute CNS Canada – Soybeans saw a modest corrective bounce to end the month on Oct. 31, but the general downtrend remains intact, with more losses likely, according to an analyst. “I remain bearish on soybeans over the short-term as the window is closing for the U.S. to provide China soybeans before South America comes online,” […] Read more
Avoiding another year of ‘snirt’
North Dakota farmers and researchers are finding success in controlling soybean field erosion by planting cover crops
Reading Time: 5 minutes “Snirt” became a buzzword in Prairie agricultural journalism in 2017 and 2018, and for good reason: the dirty snow lining ditches along highways was a telling indicator that there had been a soybean field there last season. It’s a problem across the Red River Valley region in particular, where soybean producers are used to tilling […] Read more