Reading Time: 2 minutes CNS Canada — Record-breaking soybean yields are prompting another year of expansion of the oilseed in Manitoba fields, according to an industry-official. A year ago, producers in Manitoba planted more than one million acres of soybeans in the province, the most ever. The average yield in Manitoba was 39 bushels an acre — another all-time […] Read more
Man., Sask. soybean acreage on the rise
CBOT soybeans nearing resistance
Reading Time: 2 minutes CNS Canada — Chicago Board of Trade soybean contracts moved higher during the week ended Wednesday, but are running into upside resistance as a number of bearish factors overhang the market. “Over the short term (soybeans) will be very choppy, but over the medium and long-term I’m still bearish,” said analyst Terry Reilly of Futures […] Read more
Lallemand buys into BioBoost crop growth promoters
Reading Time: 2 minutes Bacteria and yeast processor Lallemand is expanding its reach in the crop care market in a “collaboration” with seed and crop input firm BrettYoung. Montreal-based Lallemand, whose specialty business including ag-related products is headquartered in France, announced Thursday it will buy the intellectual property rights and “associated assets” for BrettYoung’s biological products portfolio, including its […] Read more
U.S. grains: Wheat falls on profit-taking; corn, soy firm
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures fell on profit-taking on Friday, the day after they hit a 3-1/2 week high on concern about the condition of the U.S. winter crop, traders said. Soybeans rose as traders positioned for a monthly U.S. government crop report due Monday that could indicate tighter U.S. […] Read more
Sask. growers eye increased pulse, soybean acres
Reading Time: 2 minutes Having spent the week taking the pulse of Saskatchewan’s grain and oilseed growers, the province’s pea, bean and lentil grower organization expects to see more acres in the province shift this spring to pulses — and to soybeans. “We’re expecting pea and lentil acreage to be up this spring,” Carl Potts, executive director for Saskatchewan […] Read more
U.S. grains: Oats hit record high, soy climbs on exports, corn flat
Reading Time: 3 minutes Chicago | Reuters — Chicago Board of Trade soybean futures rose for a sixth straight session on Thursday, setting a six-week high on strong export demand for U.S. soybeans and soymeal, traders said. Thinly-traded CBOT oats surged, with the March contract soaring its daily 20-cent limit to $4.63-1/4 per bushel, the highest-ever spot oats price […] Read more
CBOT soybeans at a crossroads, awaiting South American crops
Reading Time: < 1 minute CNS Canada — Soybean futures at the Chicago Board of Trade moved higher during the week ending Feb. 5, but the market now finds itself at a bit of a crossroads. Tightening old-crop supplies and good export demand continue to provide support for the front months, but big production prospects out of South America mean […] Read more
New seed flow lubricant to be only one allowed on corn, soy
Reading Time: 2 minutes With bees and other pollinators in mind, corn and soybean growers who’ve used seed flow lubricants when planting seed treated with neonicotinoid pesticides will have only one option this spring. Health Canada’s Pest Management Regulatory Agency (PMRA) has rolled out new guidelines for corn and soybean planting which will permit only the use of Bayer […] Read more
Producers having hard time moving soybeans out of Manitoba
Reading Time: 2 minutes CNS Canada — Manitoba producers who grew soybeans this past summer are having a hard time moving them off their farms because of the backlogged Prairie grain handling system. Normally, soybeans are one of the easiest crops to move because Manitoba is a “small drop in the bucket” compared to the U.S. when it comes […] Read more
U.S. grains: Soy jumps most in two weeks on tightening supplies
Reading Time: 2 minutes Corn gains second consecutive month, wheat down fourth month in row Chicago | Reuters — U.S. soybeans surged into the close of trading on Friday, finishing just below their session high and climbing for the second straight day on good demand for U.S. supplies in the early days of a bumper harvest in South America, […] Read more
A message from April Stewart, Country Guide's Associate Editor
