Reading Time: 2 minutes CNS Canada –– Chicago Board of Trade soybeans are expected to face volatility in the week ahead, but also have upside potential, while corn should extend its rally, one U.S. analyst says. Soybeans Soybeans have the opportunity to trade above $11 per bushel in the July contract, depending on the movement of soymeal, said Terry […] Read more
CBOT weekly outlook: Turbulence expected for soybeans
CBOT weekly outlook: Soybeans surge with USDA report
Reading Time: 2 minutes CNS Canada — Corn and soybean contracts on the Chicago Board of Trade both posted gains during the week ended Wednesday, and further advances are likely, according to an analyst. Agricultural markets were sent into a flurry of activity Tuesday when the U.S. Department of Agriculture released a report that slashed the outlook for both […] Read more
CBOT weekly outlook: Soy, corn consolidating
Reading Time: < 1 minute CNS Canada –– Soybean futures at the Chicago Board of Trade appear to be running out of room to the upside, and are now consolidating after posting sharp gains through March and April. “A lot of positive news has now been discounted,” said Rich Feltes, vice-president of research at RJ O’Brien in Chicago, noting export […] Read more
Bedding with soy straw
These farmers are learning the tricks to make it work in the field and in the barn
Reading Time: 7 minutes There’s been great interest in experimenting with crop residues for bedding, and although no one professes to have a perfect solution, there is a lot to be learned from those with growing experience, which means talking to Darin McDonald, a farmer who has baled it all. Equipped with a 150-horsepower tractor and either a Hesston […] Read more
A new look at 30-inch rows for soybeans
If you think the case is closed on 30-inch rows, get ready to think again
Reading Time: 7 minutes Soybean growers near the Ontario-Quebec border have tested wide rows, and some have even adopted them already as a way of managing white mould pressure. The disease thrives here. even though agronomists can’t exactly say why. But there’s also more to the 30-inch debate than just mould control. Based in the eastern end of the […] Read more
CBOT weekly outlook: Corn, soy set for profit-taking pressure
Reading Time: 2 minutes CNS Canada — Soybeans and corn at the Chicago Board of Trade have seen weather-related support from traders in previous sessions, but one U.S. analyst expects prices to move lower with profit-taking. Soybeans — “We’re finally getting some weather stories here,” said John Weyer, director of Walsh Trading’s commercial hedging division. Heavy rainfall and flooding […] Read more
CBOT weekly outlook: Corn, soy expected to correct lower
Reading Time: 2 minutes CNS Canada — Corn and soybean futures at the Chicago Board of Trade are both likely to correct lower after sharp gains on the week, according to one U.S. analyst. Corn prices are slightly overdone, and will likely decline in coming sessions, said Terry Reilly of Futures International. Reilly said he expects prices to correct […] Read more
CBOT weekly outlook: Soy, corn may be nearing highs
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 fund buying. The May soybean contract moved above $9.53 Wednesday, which marks the midpoint between the highs and lows of the past year (all figures […] Read more
CBOT weekly outlook: Soybeans moving lower, corn up
Reading Time: 2 minutes CNS Canada — Soybeans and corn at the Chicago Board of Trade are both stuck in a trading range, one U.S. analyst says. Neither market is expected to see any dramatic swings on the week, but soybeans have downside potential, while corn could advance. Soybeans were able to break through a 200-day moving average, but […] Read more
Manitoba soybean acreage looks to inch upward
Reading Time: < 1 minute CNS Canada — U.S. farmers may be seeding fewer soybean acres this spring but expectations for the crop remain relatively steady north of the border, according to Francois Labelle, executive director of Manitoba Pulse and Soybean Growers. “Our first indications are that acreage will be the same as last year to up a little bit,” […] Read more
A message from April Stewart, Country Guide's Associate Editor
