Reading Time: 2 minutes CNS Canada — Manitoba soybeans will be ready for harvest well ahead of normal, provincial pulse crop specialist Dennis Lange said, fresh from fields where he was conducting maturity ratings. He said he was out around Morris on Tuesday and some soybean varieties there are already nearing full maturity. Throughout Manitoba, farmers could be taking […] Read more
Manitoba soy growers likely face light yields
CBOT weekly outlook: Corn, soy markets see little action
Reading Time: 2 minutes CNS Canada — One trader isn’t expecting much movement on Chicago Board of Trade (CBOT) corn and soybean markets until harvest starts in the U.S. Midwest. “I’m looking (past) all the (information) that we see every day and hear. We wait until the combines roll, they tell you the truth,” said Scott Capinegro of Barrington […] Read more
CBOT weekly outlook: Corn, soy run into strengthening U.S. currency
Reading Time: < 1 minute CNS Canada — The growing currency crisis in Turkey is starting to impact other economies throughout the world, and by extension commodities such as soybeans and corn. As the Turkish lira drops in value, many investors have begun to put their money into the U.S. currency. It’s a common move when markets are troubled as […] Read more
China may have to resume U.S. soybean purchases in weeks – Oil World
Reading Time: 2 minutes Hamburg | Reuters – China may have to start buying U.S. soybeans again in coming weeks despite the trade war between the two countries as other regions cannot supply enough soybeans to meet China’s needs, Hamburg-based oilseeds analysts Oil World said on Tuesday. In July, China imposed import tariffs on a list of U.S. goods, […] Read more
Argentina plans to export major amounts of soymeal to China in 2019
Reading Time: 2 minutes Beunos Aires | Reuters – Argentina expects to export significant amounts of soymeal to China starting after the next harvest in May, a top agriculture ministry official said on Friday, as the South American grains powerhouse moves to take advantage of U.S.-China trade strife. Argentine officials were in Beijing on Friday finalizing the paperwork needed to ship […] Read more
Bunge posts surprise loss on trade-related soy hedges
Reading Time: 2 minutes Chicago | Reuters – Global grains merchant Bunge Ltd reported a surprise quarterly loss on Wednesday as its agribusiness unit took a $125 million hit from soybean hedges tied to the trade dispute between the United States and China. Shares of the White Plains, New York-based company fell 2.9 percent in early trading to $67.10 […] Read more
CBOT weekly outlook: Corn and soy markets awaiting USDA report
Reading Time: 2 minutes CNS Canada – After a week where corn, soybean and wheat contracts climbed on the Chicago Board of Trade, traders are now awaiting the latest supply and demand report from the United States Department of Agriculture. “With the crop report (for) August, which at least over the last five years has historically leaned more bearish […] Read more
CBOT weekly outlook: Corn, soybeans look to wheat for support
Reading Time: < 1 minute CNS Canada — Corn futures on the Chicago Board of Trade chopped around for much of the week ended July 25, but could be poised to move higher. There are ideas a trade deal between the U.S. and Mexico could be reached over some agricultural commodities such as corn, according to Jack Scoville of Price […] Read more
Trump says agreed with EU to work to lower trade barriers
Reading Time: < 1 minute Washington | Reuters — U.S. President Donald Trump said on Wednesday the United States and the European Union were kicking off talks aimed at lowering trade barriers as officials looked to head off a brewing trade war. “This was a very big day for free and fair trade, a very big day indeed,” Trump told […] Read more
Six tips for a smooth soybean harvest
For two-thirds of soybean producers in Saskatchewan last year, it was their first time growing the crop, with seeded acres up to 850,000 from just 239,939 in 2016. In Manitoba, soybean acreage jumped from over a million and a half acres to well over two million acres in 2017. Estimated acreage is lower this year[...]
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A message from April Stewart, Country Guide's Associate Editor
