Reading Time: 2 minutes CNS Canada — The bulk of Manitoba’s soybean crop may be off the field but isn’t likely headed to market anytime soon, according to an analyst. Local elevators are filling up “incredibly fast” with crops such as wheat and oats, “so soybeans may or may not have bin space at some of these elevators,” said […] Read more
Man. soybeans likely to sit in storage until new year
Harvest pressure looms for corn, soybean futures
Reading Time: < 1 minute CNS Canada — Soybean and corn futures at the Chicago Board of Trade (CBOT) moved higher during the week ended Wednesday, as rainfall over parts of the U.S. Midwest caused harvest delays. “The lows were put in at the beginning of October, and we’ve seen a nice rally off of that,” said market analyst Bryan […] Read more
U.S. EPA approves Dow’s Enlist Duo herbicide for GM soy, corn
Reading Time: 3 minutes Reuters — The U.S. Environmental Protection Agency gave final approval on Wednesday to a new herbicide developed by Dow AgroSciences, ordering a series of restrictions to address potential environmental and health hazards. The EPA said it was applying “first-time-ever restrictions” on its approval of the herbicide, Enlist Duo, which is designed to be used with […] Read more
CBOT soybeans, corn watch weather
Reading Time: 2 minutes CNS Canada — Soybean futures on the Chicago Board of Trade (CBOT) were higher during the week ended Wednesday, driven upward by harvest delays over wet weather and sluggish farmer selling. “These rallies don’t make a lot of sense to me but we were due for a bit of a bounce and I think this […] Read more
Pest Patrol: Weed control update on vetch
Can I do anything to get rid of vetch before seeding soybeans?
Reading Time: < 1 minute In my last column, I discussed my optimism for vetch control in soybeans using a few different pre-plant burn-down herbicides. Specifically, I had been impressed by some preliminary results when either flumioxazin (found in Valtera, Step-Up, Fierce and Guardian Plus) or saflufenacil (found in Eragon, Integrity and Optill) was mixed with glyphosate and the adjuvant Merge. […] Read more
Argentina says will make soy producers sell more
Reading Time: 2 minutes Buenos Aires | Reuters –– Argentina will use “all the tools” at its disposal to end financial speculation by grains producers and exporters, government cabinet chief Jorge Capitanich said Wednesday, in a further sign of state intervention in Latin America’s No. 3 economy. Soy producers in Argentina, the world’s No. 3 soybean exporter, have been […] Read more
CBOT corn poised to drop below US$3/bu.
Reading Time: 2 minutes CNS Canada — Chicago corn futures moved higher during the week ended Wednesday, but the U.S. Department of Agriculture’s monthly crop report, due Friday, has the potential to push values sharply lower, according to an analyst. “Traders are looking for a three-point increase in the yield for the U.S. corn, and that could draw nearby […] Read more
Soy industry group taps Canola Council exec as chief
Reading Time: 2 minutes Canada’s new national soy industry body has gone to Canada’s other national oilseed industry body for its new chief executive. Soy Canada, which set up shop last month in Ottawa as a new Canada-wide organization representing the soybean value chain, on Monday appointed Jim Everson, vice-president of government relations for the Canola Council of Canada, […] Read more
Brazil soy exporters to police Monsanto seeds, for fee
Reading Time: 3 minutes Sao Paulo | Reuters — At least one soybean exporter in Brazil has agreed with Monsanto to collect royalties, in exchange for a fee, from farmers who planted genetically engineered seeds marketed by the company, according to industry sources. The landmark deal, already finalized by a firm that declined to be identified, highlights an increasingly […] Read more
Chicago corn to test US$3 mark by mid-month, analyst says
Reading Time: 2 minutes CNS Canada — Corn futures on the Chicago Board of Trade were lower during the week ended Wednesday, as funds continued to try and take advantage of new lows on the market. “People in the market come in and try to cherry-pick the bottom,” said Sean Lusk, director of commercial hedging at Walsh Trading in […] Read more