Reading Time: < 1 minute CNS Canada — It’s a fluid set of circumstances for the U.S. soybean market these days as U.S. negotiators head to China in a bid to get proposed tariffs lowered on U.S. imports — but the potential for any major rally appears limited. “I would say the beans have a more limited upside than the […] Read more
CBOT weekly outlook: Limited upside seen for U.S. soybeans
U.S.-China trade fears halt soybean imports
Reading Time: 3 minutes Singapore/Beijing | Reuters — China’s purchases of U.S. soybeans have come to a grinding halt, trade and industry sources say, as fears of further action by Beijing to curb imports of U.S. crops following last week’s anti-dumping move on sorghum rattles the agriculture industry. Buyers from China, which takes 60 per cent of soybeans traded […] Read more
CBOT weekly outlook: Traders flee stocks for commodities
Reading Time: 2 minutes CNS Canada — Traders shifted attention to Chicago Board of Trade (CBOT) corn and soybean markets in the wake of a drop in Wall Street stocks, causing a commodities rally Wednesday. Wall Street was dragged down Tuesday by U.S. bond yields, which hit the three per cent mark for the first time in four years. […] Read more
CBOT weekly outlook: Soy recovers from wild week
Reading Time: 2 minutes CNS Canada — After a wild week in which the Chicago Board of Trade (CBOT) soybean market plunged, following China announcing tariffs on imports of U.S. soybeans, it has recovered. China on Thursday announced plans for a 25 per cent tariff on U.S. soybean imports in retaliation of previously announced tariffs by the U.S. on […] Read more
CBOT weekly outlook: Soybeans wade through turbulent trade waters
Reading Time: 2 minutes CNS Canada — Soybean futures on the Chicago Board of Trade suffered sharp losses Wednesday after China said it would slap a 25 per cent tariff on soybean imports in retaliation for U.S. sanctions that had been placed on it. The dominant May contract plummeted 55 cents to $9.83 a bushel, before bargain-hunters stepped in […] Read more
China retaliates for U.S. tariffs, slaps duties on soybeans
Reading Time: 4 minutes Beijing/Washington | Reuters — China quickly hit back on Wednesday at Trump administration plans to slap tariffs on US$50 billion in Chinese goods, retaliating with a list of similar duties on key U.S. imports including soybeans, planes, cars, whiskey and chemicals. The speed with which the trade struggle between Washington and Beijing is ratcheting up […] Read more
CBOT weekly outlook: Shocker USDA reports leave questions for traders
Reading Time: 2 minutes CNS Canada — Two much anticipated reports from the U.S. Department of Agriculture (USDA) sent markets soaring and left traders speechless in the last trading day before the Easter holiday. USDA released its quarterly grain stocks and prospective plantings reports Thursday at 11 a.m. CT. Traders had been expecting corn area to be at 80.3 […] Read more
Coffee may profit more than soy in Brazil’s new farming frontier
Reading Time: 2 minutes Luis Eduardo Magalhaes, Brazil | Reuters –– Farmers tending vast, flat soy and cotton fields that spread as far as the eye can see in northeastern Brazil are finding that coffee crops might provide higher profits in the country’s agricultural frontier. More coffee farms are being developed in the western part of Bahia state, which […] Read more
China should target U.S. soybeans, former finance minister says
Reading Time: < 1 minute Beijing | Reuters –– The response by China’s commerce ministry to the latest U.S trade measures is too weak, and should target U.S. soybeans, former Chinese finance minister Lou Jiwei said on Saturday. The commerce ministry on Friday unveiled a plan to levy additional duties on up to US$3 billion of U.S. imports including fruit […] Read more
Growing soybeans in southern Alberta
Farmers would like the rotation option, but heat units are marginal and soybeans must compete with high-value irrigation crops
Reading Time: 7 minutes For some Prairie farmers, the question of whether to introduce soybeans into the rotation may seem like a no-brainer. They’re good nitrogen fixers and have proven a hit on rain-fed land in Manitoba and Saskatchewan, where soybean acreage has increased dramatically over the past decade. But if you’re a producer in Alberta, the answer is […] Read more
A message from April Stewart, Country Guide's Associate Editor
