Reading Time: 5 minutes From small beginnings in the deep southwest of Ontario, soybeans in 2018 have expanded across Canada in a very big way. In fact, when you commence the drive from Windsor, Ont., soybean fields dominate the landscape along the 401 corridor and into Quebec. It is the same in parts of Manitoba, with smaller acreages dotting […] Read more
The wild ride in soybean markets continues
Most years offer some reasonable pricing opportunities. This winter, they may be difficult to find
The export perspective on soybeans
The window is open for producers and the trade alike, but be forewarned. As our experts tell us, not all markets provide the same opportunities for IP growers
Reading Time: 8 minutes When looking into how soybeans get traded around the world, the important thing is to keep it all in perspective. In fact, nothing is more important. But that’s not to say it’s easy. On the U.S. side, there are plenty of challenges, thanks mostly to the political upheaval of the last couple of years and […] Read more
Choppy corn and soy markets expected
Reading Time: 2 minutes CNS Canada – Chicago Board of Trade (CBOT) soybean contracts could see some action this week as the November contract near expiry. The corn contracts could also be hopping around during the week. “We’re getting some pressure in these markets because of the harvest pace that’s going on for the U.S. producer. So farmers are […] Read more
White mould in soybeans hits back
Vigilance is needed for a disease that’s still on the rise in many parts of Canada
Reading Time: 6 minutes Ask any grower about their soybean crop and the discussion might lean in a number of directions. It might turn to managing tough or resistant weed species in Eastern Canada, or the growing opportunities for the crop in Western Canada. If and when talk turns to diseases and pests, it’s more likely to concentrate on […] Read more
CBOT weekly outlook: Soybeans trend higher, with meal
Reading Time: < 1 minute CNS Canada –– Soybean and corn futures at the Chicago Board of Trade both saw some strength over the past week, and could see some additional upside, according to an analyst. Harvest delays due to poor weather and speculative short-covering accounted for some of the recent strength in the futures, according to Sean Lusk, director […] Read more
CBOT weekly outlook: Traders think soy yields less than USDA predicting
Reading Time: 2 minutes CNS Canada — After the wet weather the U.S. Midwest has experienced lately, traders aren’t exactly sold on the latest numbers from the U.S. Department of Agriculture (USDA). “We’re getting a lot of calls in and people talking about their beans are losing yield left and right, because the pods are splitting, beans are sprouting. […] Read more
CBOT weekly outlook: USDA reports not expected to shake up markets
Reading Time: 2 minutes CNS Canada — Corn, soybean and wheat futures in the U.S. are awaiting the latest U.S. Department of Agriculture (USDA) reports, but traders aren’t expecting the reports to much of an effect on prices. USDA releases its quarterly grain stocks and small grains summary reports on Friday. “It basically wraps up the 2017-18 crop year […] Read more
CBOT weekly outlook: Spec selling pressures corn, soy
Reading Time: 2 minutes CNS Canada — A recent round of contract selling by speculators has created a bearish outlook for corn and soybeans. Recently, both crops suffered losses after the U.S. Department of Agriculture released production estimates on Sept. 12 that were higher than expected. According to a trader, these and other challenges have painted a bearish picture […] Read more
Smaller Manitoba soybean crop expected
Reading Time: 2 minutes CNS Canada — Like most crops grown this year, Manitoba’s soybean yields were also highly variable in 2018. While early reports point to smaller production overall, lower-than-average yields won’t translate to higher prices, given prospects for a large U.S. crop. Manitoba soybean yields are “anywhere from 20 to 50” bushels per acre, said Mark Jorgenson […] Read more
CBOT weekly outlook: Heavy rains threaten soybean quality
Reading Time: 2 minutes CNS Canada — Heavy rains across the U.S. Midwest and a murky outlook on international trade appear ready to drive down the soybean market in the lead-up to next week’s supply and demand report. The U.S. Department of Agriculture will release its monthly estimates on Sept. 12 and traders have already started to take positions. […] Read more