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CBOT weekly outlook: Bearish picture for commodities

Prices may not go much lower given the commodities have hit contract lows, says analyst

Reading Time: 2 minutes Ahead of the United States Department of Agriculture Outlook Forum, analyst Bryan Strommen of Progressive Ag in Fargo, N.D. painted a rather bearish picture for the commodity markets. However, he noted that prices might not go much lower given the commodities have hit contract lows.


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Soybean acres may soon stabilize in Manitoba

Volatile yields, acres and weather have kept soy on a roller-coaster since 2017

Reading Time: 3 minutes There's an emerging consensus in Manitoba that soybean acres in the province could soon stabilize at around 1.5 to 1.9 million.




A soybean crop at Headingley, Man. on Sept. 2, 2021. (Dave Bedard photo)

USDA Brazil attaché cuts soybean projections for 2023/24

Several firms have dropped Brazil soybean projections on seeding delays, weather

Reading Time: 2 minutes With Brazil having faced opposing weather extremes, there’s little surprise the United States Department of Agriculture attaché cut their soybean production estimate for 2023/24. The Brasilia desk reduced its call from a record 162 million tonnes to 158.5 million in its latest report.


Corn seedlings in southern Ontario in 2021. (Farmtario photo by John Greig)

StatCan trims Canadian corn, soy acreage estimates

Grain corn acreage still expected up from 2021 level

Reading Time: < 1 minute New Statistics Canada projections show the country’s grain corn and soybean growers have slightly curbed their enthusiasm for those crops compared to their intentions earlier in the year. StatCan on Tuesday released the results of its 2022 June field crop survey, conducted between May 13 and June 12, projecting Canadian corn area at 3.633 million […] Read more