File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)

Cordonnier stands pat on South American crop projections

La Nina 'is still out there,' analyst says

MarketsFarm — At this point in the South American planting season it’s too early to get an accurate bead as to how much corn and soybeans will be grown in Brazil and Argentina, according to Dr. Michael Cordonnier of Soybean and Corn Advisor Inc. at Hinsdale, Ill. Cordonnier recently issued his latest estimates, keeping his

CBOT December 2022 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago futures slide on profit taking, slumping dollar

Wheat slips following USDA report

Chicago | Reuters — Chicago corn, wheat and soybean futures all fell on Thursday as investors across the board sought to take profits amid global supply questions, even as the U.S. dollar tumbled on news that U.S consumer prices rose less than expected in October, traders said. The monthly U.S. inflation reading is being closely


Over 70 per cent of Argentina’s 2021-22 soybean crop sold

Over 70 per cent of Argentina’s 2021-22 soybean crop sold

Soybean producers had sold 70.3 per cent of Argentina’s 2021-22 crop through the third week of October, the agriculture ministry said Oct. 26.  The portion of the soybean crop sold to date underperforms the 74.2 per cent sold during the same period in the 2020-21 season.  Argentina, the world’s top exporter of processed soy, harvested

Argentina grain inspectors threaten to walk out over company conflict

Argentina’s union for grain inspectors has threatened to walk out over disagreements with an agro-export company in protests that could disrupt the country’s critical grains exports sector. The union, whose members include port workers and technicians who review grains loaded on boats, is in conflict with food exporting company Desdelsur SA over what it says


Agricultural engineer Maximiliano Marzetti checks genetically modified wheat with a strain called HB4, which has a gene that helps it better tolerate drought, inside a laboratory at Bioceres Crop Solutions in Rosario, Argentina, July 19.

Argentina gambles on GM wheat

As war and drought hit global crops, Latin American nation sees opportunity for technology

Reuters – In fields near the Argentine farm town of Pergamino, spiky green shoots of wheat stretch in neat rows to the horizon. It is a crop that developers hope will boost yields of the grain thanks to a single gene borrowed from sunflowers to help it better tolerate drought.  Reached along a dusty farm

Argentina’s soy sell-off continues, but sales expected to slow

Argentina’s soy sell-off continues, but sales expected to slow

Government actions to spur export sales seem to have worked

Argentine farmers continue to offload soy stockpiles following a series of carrot-and-stick measures aimed at spurring exports. Between Sept. 8 and 14, producers sold 2.3 million tonnes of the 2021-22 harvest, up from 2.1 million tonnes the prior week, per official data. By the end of that week, 61.8 per cent of the 2021-22 harvest


CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybean futures slump on global demand concerns

Traders eye favourable U.S. harvest weather

Chicago | Reuters — Chicago Board of Trade soybean futures stumbled on Friday as rising crop sales in Argentina and warnings of a recession raised concerns about global demand for U.S. supplies, analysts said. Corn futures ended little changed, while wheat futures advanced. Traders focused on demand for crops, after the U.S. Department of Agriculture



CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybean futures fall 1.5 per cent

CBOT corn, wheat firm

Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Tuesday as Argentina’s decision to offer farmers a better exchange rate for their crops threatened to raise export competition at a time when U.S. offerings typically dominate the market. “It just makes more product readily available short-term,” said Mark Schultz, chief analyst at