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Soybeans

One researcher says it’s time to move beyond using only the sprayer to control weeds.
News

The case for integrated weed management

Research scientist Charles Geddes says having the right agronomic strategy is key to combating herbicide resistance

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New research shows cultural controls can combat the growing problem of herbicide-resistant weeds. “Herbicide resistance is an increasing and growing issue across the Prairies and it is likely to have a greater impact in the future moving forward as well,” said Charles Geddes, research scientist in weed ecology and cropping systems with Agriculture and Agri-Food Canada. Geddes spoke Feb. 16 at
CBOT May 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybean, corn futures end week strong

Chicago May wheat falls

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Chicago | Reuters — U.S. soybean futures rose for the third consecutive day on Friday, supported by expectations that the soy crop in global supplier Argentina is smaller than estimated because of damage from drought conditions. “Behind the support in the market is the simple fact that this is horrible finishing weather for the soybeans
Grains export push to boost dry bulk shipping market
Markets, News

Grains export push to boost dry bulk shipping market

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Reuters – Bumper soybean harvests in Brazil and unsold grain stocks in the United States are set to boost dry bulk shipping rates as buyers including China restock after supply shocks last year, leading freight operators have said. The dry bulk shipping market has been hit in recent months by slow activity, partly driven by
CBOT May 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans up on technical bounce

Wheat firm; corn weak

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Chicago | Reuters — U.S. soybean futures rose on Thursday, extending their rebound from the one-month low hit this week on a round of technical buying, traders said. “I think we got too cheap too fast and we are seeing a technical recovery,” said Scott Harms, Ag risk specialist at Archer Financial Services. Wheat futures
Cars are buried on Hennepin Avenue in Minneapolis on Feb. 23 by a winter storm that crossed the U.S. northern Plains and Midwest and brought needed precipitation to some winter wheat-growing areas.
Grain Markets, Markets

Price trenches remain despite weather, projected plantings

Most traders expect the Black Sea Grain Initiative to be extended

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North American grain and oilseed markets were up and down during the last full week of February, holding relatively rangebound overall. News of a frost in Argentina sent soybean, corn and canola values climbing higher on Feb. 21, as crop estimates out of the drought-stricken country continue to be revised lower. However, the immediate bullish reaction quickly subsided, and most
U.S. farmers expected to boost corn and wheat acreage
Markets, News

U.S. farmers expected to boost corn and wheat acreage

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U.S. farmers will plant more corn and wheat in 2023 than they did a year earlier, taking advantage of prices that remain relatively high and declining input costs, the government said Feb. 23. Corn seedings were pegged at 91 million acres and soybean seedings at 87.5 million acres, unchanged from last year, the U.S. Agriculture
ICE May 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola drifts downward with soybeans

Wheat's recent decline may spur canola acres

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MarketsFarm — The ICE Futures canola market drifted downward during the week ended Wednesday largely due to macroeconomic activity in the markets, according to one analyst. Jerry Klassen from Resilient Commodity Analysis in Winnipeg said canola prices have mostly followed the lead of the Chicago soy complex, while rains fell on Brazil as its soybean
A dried-out corn crop next to cotton planted into a dried-out cornfield at Tostado in Argentina’s northern Santa Fe province, on Feb. 8, 2023. (Photo: Reuters/Miguel Lo Bianco)
Crops, Markets

CBOT weekly outlook: It still comes down to South America

Continent's soy situation conflicting

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MarketsFarm — Although the U.S. Department of Agriculture (USDA) is set to issue its next supply and demand estimates on March 8, what’s going on in South America continues to dominate the Chicago Board of Trade (CBOT), according to Andrew Mages of Progressive Ag in Fargo, N.D. “Typically it’s not the most important report because
CBOT May 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn hits lowest since August

Chicago soybeans, wheat also drop

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Chicago | Reuters –– U.S. corn futures fell to their lowest level in more than six months on Tuesday and soybean and wheat futures also dropped on a round of end-of-month liquidation by investment funds, traders said. Soybeans notched the biggest declines, with the most-active contract falling 2.2 per cent, its biggest daily decline since

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