Argentine Soybean Crop Gets Bigger

“A record oilseed crop will be produced in Argentina this year…” Argentina’s 2010 soybean crop is likely to rise to 53.3 million tonnes from 32 million tonnes in 2009, Hamburg-based oilseeds analysts Oil World forecast on March 30. This was up by 1.3 million tonnes from Oil World’s previous estimate on March 2. It also

States’ Soggy Spring Supportive

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca ICE Futures Canada’s canola futures bounced around during the week ended March 19, setting fresh contract lows in the nearby months before eventually recovering to post modest advances in the most actively traded nearby contracts. However, the new crop months


Fertilizer Producers Still See Strong U. S. Spring

Major fertilizer producers still expect a strong U. S. spring planting season, a development that would be a boon for the industry after a lacklustre fall. Wet weather and a very late harvest kept many farmers from putting down fertilizer before snow fell this past fall and winter. That hurt fourth-quarter earnings in the fertilizer

Western Barley Interest Dwindling

For three-times-daily market reports from Resource News International, visit “ICE Futures Canada updates” at www.manitobacooperator.ca ICE Futures Canada canola contracts moved lower during the week ended March 12, with some of the contracts hitting fresh contract lows. While there were some attempts at short-covering rallies, the bearish influences were much more persuasive. Spillover selling from


U. S. Crops, China Becomes Top Soy User

U. S. farmers will grow the second-largest corn and soybean crops on record this year – 13.134 billion bushels of corn and 3.213 billion bushels of soybeans, just below the records set in 2009, said a University of Missouri think-tank March 9. The Food and Agricultural Policy Research Institute also said U. S. wheat production

Canadian Pulse Acres To Increase

Western Canadian farmers will plant more peas, lentils and chickpeas in 2010, said an analyst with Informa Economics Canada in a presentation at the Canadian Wheat Board’s annual Grain World conference in Winnipeg, Feb. 22. While new-crop lentil bids are well below the levels seen over the past year, the crop still offers some of


Harvest Problems With Argentine Soy

Heavy rain last week in Argentina improved the condition of some 2009-10 soybeans, but flooded fields mean other crops will be lost, the Agriculture Ministry said in a crop report Feb. 19. Argentina is the world’s No. 3 soy exporter and the top global supplier of its oil and meal. The Buenos Aires Grains Exchange

Expect More U. S.-China Farm Trade Tension

Chinese farm exports are set to become a greater source of trade tension as China boosts its production and becomes a bigger player in world markets for labor-intensive crops, a U. S. agricultural economist said Feb. 19. Importers around the globe have already launched more than 30 farm trade cases against China in recent years,


Harvest Of Large Brazil Soy Crop Slowed By Rain

Brazilian soy farmers have gathered about 18 per cent of the 2009-10 crop, analysts Celeres said on Monday, Feb. 22, more than usual due to an early harvest, but less than hoped for because of delays caused by heavy rains. “The harvest is advancing, but at a slower pace than hoped due to the greater

Manitoba Soybean Plantings Look Strong For 2010

“The weather won’t scare guys off.” – dennis lange, parent seeds Volat i le markets and a near crop disaster last fall are unlikely to dampen Manitoba farmers’ enthusiasm for soybeans this year. Manitoba’s 2010 soybean acreage could be similar to the record area planted in 2009, industry officials predict. Soybean growers barely managed to