Daily Network News

More News →

Oilseeds

News, Oilseeds

Global Soymeal Use To Fall Sharply

World soymeal consumption is set to fall sharply this season as the global economic crisis cuts meat demand and reduces animal feed sales, Hamburg-based oilseeds analysts Oil World forecast March 31. Global 2008-09 soymeal consumption is forecast to fall to 154.50 million tonnes from 160.28 million tonnes in 2007-08, it said. World 2008-09 soymeal production
Cereals, Crops, News, Oilseeds

Fewer Wheat/ Double-Crop Soy Sowings — Usda

Plantings of the eight major U. S. field crops are expected to be down in 2009 due to fewer wheat seedings and less double-crop soybean acreage, the Agriculture Department’s chief economist said April 1. USDA’s annual prospective plantings report indicated there will be a decline of 7.1 million acres, or 2.8 per cent, from 2008
Cereals, News, Oilseeds

Nexera Growing At Bunge Altona

By
The owners have changed a few times and so have the oilseeds it crushes, but the processing plant farmers built here in 1946 still epitomizes the concept of “value added.” In fact, this plant has been “value adding” since long before the words became part of the Prairie lexicon. Canola, the oilseed it processes almost
News, Oilseeds

Market For IP Soybeans Grows Stronger

By
The market for identity-preserved (IP) edible soybeans is strong and getting stronger, farmers learned during an information meeting organized by Huron Commodities Inc. recently. Eiichiro Nishida, assistant manager for buyer Kanematsu Corporation of Japan said Ontario’s producers are emerging as preferred suppliers, certainly over China. The U. S. is losing out because two big companies,
Cereals, Crops, Grain Markets, Oilseeds

USDA Report Improves Market Outlook

By
For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oi l seed futures at ICE Futures Canada in Winnipeg closed the week ended April 3 mixed, with canola up and barley down in an active week. Canola was lifted by gains in the U. S. soy
News, Oilseeds

Soy Estimate Surprises Analysts

The number of acres farmers will plant with corn and soybeans this spring was far from settled by a government report on March 31, with prices, weather and input costs over the next month set to play a big role. The surprisingly low U. S. Agriculture Department soybean plantings estimate sent soy prices soaring and
Cereals, Crops, News, Oilseeds

Northern U. S. Flooding May Cut Wheat Crop, Boost Soy

North Dakota and Minnesota face the worst spring flooding in years, which could prompt farmers to cut spring wheat plantings by as much as 500,000 acres in the four main wheat-producing U. S. states. Farmers still able to seed a crop will look hard at soybeans, which can be planted as late as early June,
Cereals, News, Oilseeds

Suspicion Over Argentine Data Fans Farming Tensions

By
Missing government data on Argentina’s multibillion-dollar farming s ector is causing increasing frustration for farmers and grain traders in the agricultural powerhouse. Argentina is a top world supplier of soy, wheat, corn and beef but its farming industry is having to use private estimates as routine data from harvest forecasts to corn sales are pulled
Crops, Oilseeds

Monsanto Exceeds Profit Expectations

Monsanto Co., the world’s biggest seed company, posted better-than-expected profit April 2 as revenues grew in its key corn and soybean seed businesses and it benefited from a low tax rate. Monsanto, a leader in the development of genetically altered crops, said net income was $1.092 billion, or $1.97 a share for the second quarter,
Cereals, News, Oilseeds

U. S. Farmers To Plant More Soybeans, Less Corn

U. S. farmers are aiming for a record soybean crop this year but high costs for fertilizer and other supplies will mean less corn, wheat and cotton, U. S. government data showed March 31. After two years of booming returns, farmers are more cautious about their planting this year as the global recession hits exports,

AgCanadaTV

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

Sponsored by:
More Videos →

Latest Market News

More Market News →