Daily Network News

More News →

Soybeans

Concentrating 13 growing seasons into five years gets the latest traits and technologies into growers’ hands more quickly.
News

Plant breeding picks up the pace

Thirteen years of breeding and production can now be done in five

By
Glacier FarmMedia – The pace of plant breeding has quickened by leaps and bounds, from selective breeding to the use of transgenics. Still, the process of breeding seeds with desired traits, rechecking for trait and yield performance and increasing those numbers for commercial availability all takes more than a decade. Or does it? Why it
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybean, corn futures weaken as harvests progress

CBOT wheat rises on bargain buying

By ,
Chicago | Reuters — Chicago Board of Trade soybean futures finished lower on Monday as advancing U.S. harvests uncovered strong yields and increased farmers’ sales of their crops, analysts said. Pressure from harvests also hung over corn futures. U.S. farmers have finished harvesting 76 per cent of the country’s soybeans and 59 per cent of
(Dave Bedard photo)
Crops, Markets

Managed money adding to net short positions in canola

Canola at biggest net short position in months

By ,
MarketsFarm — Managed money fund traders remain bearish canola, growing the net short position in the ICE Futures market to the second largest level of the past year, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Oct. 17, the net managed money short position in
CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn drops back below US$5

Soybeans down off one-month high

By ,
Chicago | Reuters — Chicago Board of Trade corn futures closed lower after hitting their highest price since August on Friday, while soybean futures retreated from a one-month high. Traders took profits after the markets rose earlier on concerns about a drought in Brazil disrupting grain shipments on rivers and slowing soy plantings, analysts said.
File photo of vessels on the Mississippi River south of New Orleans on Nov. 5, 2017. (Dave Bedard photo)
Crops, Weather

Low water on Mississippi to persist despite improved drought outlook

Risk of getting stuck mean less grain per barge

By ,
Chicago | Reuters — Low water levels on the lower Mississippi River are likely to persist through at least January despite expected above-normal precipitation across the southern U.S. this winter, forecasters with the National Oceanic Atmospheric Administration (NOAA) said on Thursday. The severe to exceptional drought choking the lower Mississippi River valley is expected to
Sea surface temperature (SST) anomalies in degrees Celsius on Oct. 18, 2023. (NOAA.gov)
Crops, Weather

El Nino worries Brazil soy farmers as planting progresses, grain lobby says

Dry weather has pushed back planting

By ,
Sao Paulo | Reuters — Soybean farmers in top growing state Mato Grosso worry that scarce rains and high temperatures will lead to replanting of some areas while lowering yields in others, local grain farmer lobby Aprosoja-MT said Thursday. The unusual heat and dryness has been linked to the El Nino weather pattern, which is
One Canada Square (tower at centre) houses the London head office of the International Grains Council (IGC). (Iliffd/iStock/Getty Images)
Crops, Markets

Cuts to corn output drag IGC’s overall estimates lower

Wheat production estimate up, soy down

By ,
MarketsFarm — Reductions to global corn production for 2023-24 resulted in the International Grains Council cutting some of its numbers in its monthly supply and demand report issued Thursday. The London-based IGC reduced its forecast for world corn output from its September call of approximately 1.222 billion tonnes, to 1.219 billion. Although total use in
CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn futures rally to August high

Strong demand in U.S. supports CBOT soybeans

By ,
Chicago | Reuters — U.S. corn futures rallied above US$5 a bushel to their highest level since August on Thursday, while soybean futures touched a four-week high. The gains came as farmers are in the middle of harvesting their crops, a time when the influx of fresh supplies normally pressures prices. A severe drought that
U.S. estimates bullish in corn, oilseeds
Grain Markets, Markets

U.S. estimates bullish in corn, oilseeds

A rally in Chicago soy helped canola correct higher

By
The ICE Futures canola market tested major support levels in early October, nearing the psychological $700 per tonne level in the nearby November contract on several occasions but never dipping below that point. An eventual rally in the Chicago soy complex provided the catalyst for a more definitive correction off that low. The U.S. Department
ICE November 2023 canola with 20- and 50-day moving averages and January 2024 canola (black line). (Barchart)
Crops, Markets

ICE weekly outlook: Upside seen for canola prices

'Aggressive manipulation' seen as a factor

By ,
MarketsFarm — Early gains were followed by late losses on ICE Futures’ canola market during the week ended Wednesday. The November canola contract began the week at $704.60 per tonne before rising up to $725.80/tonne on Monday, then ending the week at $711.70. The January contract went in similar directions, starting at $710.10/tonne before moving

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →