Reading Time: < 1 minute CNS Canada — Soybean and corn futures at the Chicago Board of Trade have come down over the past week, and may be headed lower as both fundamental and technical signals look bearish. January soybeans have a downside target of $9.40-$9.50 per bushel, said Terry Reilly of Futures International in Chicago (all figures US$). Improving […] Read more
CBOT weekly outlook: Soybeans, corn trending lower
Prairie soybeans still heading west
The relatively disease- and pest-free honeymoon may be coming to an end in Manitoba, but soybeans continue their march west
Reading Time: 5 minutes It was yet another record year for Manitoba soybean acreage, with 1.6 million acres of what is now the province’s third-largest crop behind wheat and canola. But as the crop becomes more established, and with the wet conditions this year, diseases are starting to show up, which is presenting challenges for agronomists and changing priorities […] Read more
What’s new in soybean varieties for Eastern Canada in 2017?
Disease packages join newer herbicide-resistance technologies at the top of the value list
Reading Time: 13 minutes Last year, the big news in soybean varieties could be summed up in one technological term: Xtend, which became part of the fall lineup for many of the seed companies. Canada’s Outdoor Farm Show was abuzz with talk about Xtend, with demonstration plots aplenty, and all sorts of signage promoting the new system’s platform, Roundup […] Read more
CBOT weekly outlook: Harvest pressure seen easing
Reading Time: < 1 minute CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, with soybeans leading to the upside on the back of solid export demand and a rally in world vegetable oil markets. The front-month contract moved well above the psychological $10 per bushel mark, which may […] Read more
U.S. agency seeks proof of criminal use of dicamba
Reading Time: < 1 minute Chicago | Reuters — The U.S. Environmental Protection Agency executed search warrants in parts of southeastern Missouri earlier this month to look for signs of improper use of the herbicide dicamba, the agency said on Tuesday. The searches stemmed from complaints that dicamba, which has only been approved for application on fields before planting season […] Read more
CBOT weekly outlook: Large U.S. soy, corn crops hit resistance
Reading Time: < 1 minute CNS Canada — Soybean and corn futures at the Chicago Board of Trade have moved up over the week ended Wednesday, but remain stuck in sideways trading ranges overall as large crops find themselves countered by equally large demand. “It’s a tug-of-war between the biggest supply ever, versus some of the strongest demand we’ve ever […] Read more
CBOT weekly outlook: Corn, soy likely rangebound
Reading Time: < 1 minute CNS Canada — Soybeans and corn at the Chicago Board of Trade are likely to be rangebound following a report from the U.S. Department of Agriculture (USDA) on Wednesday. USDA on Wednesday released its monthly world agricultural supply and demand estimates (WASDE), to which traders were looking for direction. “Soybeans, corn — there’s probably a […] Read more
Tyson invests in non-meat protein
Reading Time: < 1 minute Reuters — Tyson Foods, the largest U.S. meat processor, took a five per cent stake in plant-based protein maker Beyond Meat amid growing pressure on food companies to reduce environmental and health risks by changing the way they source protein. Terms of the deal were not disclosed. Manhattan Beach, Calif.-based Beyond Meat sells plant-based burger […] Read more
Quebec farmer wins ‘Seed for Life’
Reading Time: 2 minutes Farming continues to grow more complex, as costs vary for land, fuel, fertilizer, equipment, chemicals and seed, many of which can challenge a grower every year. But what if seed costs were greatly reduced — not just for one year, but for 25? The question of “What if?” no longer applies to Marc-Andre Pilon, who […] Read more
CBOT weekly outlook: Corn, soybeans look overpriced
Reading Time: 2 minutes CNS Canada –– Corn futures on the Chicago Board of Trade appear poised to fall lower in the days to come, after a surprising week in which values jumped around 18 cents per bushel. “Price-wise, if you look at the charts, we are high up on some ranges, too high for the moment,” said Brian […] Read more
A message from April Stewart, Country Guide's Associate Editor
