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Tag Archives Soybean

Soy bean seeds on a white background
Comment/Feedback, Opinion

U.S. to stay stuffed with soybeans despite Argentine losses

Demand for U.S. soybeans remains stubbornly depressed due to high global stocks

By
The soy complex may be rallying on the Chicago Board of Trade, but the outlook for U.S. supply retains its bearish feel, despite significant losses to Argentina’s soybean crop amid parched conditions. Last month, the U.S. Department of Agriculture cut domestic soybean exports to 2.1 billion bushels, some three per cent smaller than last year’s
Cysts (the large white growths) on the roots of a soybean plant.
Crops, Oilseeds

Manitoba poised to meet advancing soybean cyst nematode

The pest’s arrival is imminent if it hasn’t happened already

By
A microscopic parasitic roundworm that’s the top soybean yield robber in the U.S. is already present on the Manitoba-North Dakota border and the province is readying for its imminent arrival. Soybean cyst nematode (SCN) is often cited for causing approximately US$1 billion in U.S. soy production losses every year, and it’s that kind of devastation
Chicago soy, lower loonie give boost to May canola
Grain Markets, Markets

Chicago soy, lower loonie give boost to May canola

In U.S. dollars, the commodity’s value is actually down

By
ICE Futures Canada canola contracts moved to their highest levels in three months during the week ended March 2, having posted gains for 10 straight sessions. Losses in the Canadian dollar and gains in Chicago Board of Trade soybeans helped keep speculators on the buy side. While the May canola contract rose by $25 per
Soybeans’ strength doesn’t sustain canola’s rally
Grain Markets, Markets

Soybeans’ strength doesn’t sustain canola’s rally

Large corn supplies keep cash prices under pressure

By
ICE Futures Canada canola contracts hit their best levels in two months during the week ended Feb. 16, but ran out of gas and retreated from those highs despite continued strength in Chicago soybeans. After rallying above the psychological $500-per-tonne mark on Monday (Feb. 12), March canola spent the next few days making attempts at
Canola rides out turbulence in world financial markets
Grain Markets, Markets, Oilseeds

Canola rides out turbulence in world financial markets

A lower loonie lent support to Canadian canola demand

By
It was a turbulent week for world financial markets but canola shrugged off much of the volatility and held firm, thanks in large part to weakness in the Canadian dollar. In fact, the market even showed a bit of bullishness as the front-month March contract broke through the psychologically important $500-per-tonne mark during the week
Is a soybean-canola rotation worth rolling the dice?
Crops, Local news

Is a soybean-canola rotation worth rolling the dice?

Most farmers aren’t jumping on a soybean-canola rotation, but explosive growth of soybean acres and their westward spread into canola country have some asking the question

By
Farmers better study up on the hurdles of a soybean-canola rotation before trying it in the field, Manitoba Agriculture specialists say. Soybeans have been a growing story in Manitoba, rising over the last decade to become one of the province’s main crops with almost 2.3 million acres planted in 2017. Combined with canola, another high-value
A soybean field in Abbott County, South Carolina. U.S. soybean producers 
are about to have an unprecedented host of options to choose from.
News, Oilseeds

Battle of the beans

Monsanto faces a tough fight for the soybean market

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Monsanto is facing major threats to its historic dominance of seed and herbicide technology for the US$40-billion U.S. soybean market. Rivals BASF and DowDuPont are preparing to push their own varieties of genetically modified soybeans. At stake is control over seed supply for the next generation of farmers producing the most valuable U.S. agricultural export.
Bearish factors outweigh bullish news in canola
Grain Markets, Markets

Bearish factors outweigh bullish news in canola

Reduced promotional funding may weigh on canola in future

By
Canola contracts on the ICE Futures Canada platform held within a rather narrow range during the week ended Jan. 26, lacking any real clear direction as conflicting outside forces kept the oilseed trading sideways. On the supportive side, weather worries in Argentina and the resulting gains in Chicago soybeans provided some underlying support. Solid end-user
Soy bean seeds on a white background
Local news, Oilseeds

Management practices go head to head in Soybean Challenge

The AAFC station in Portage la Prairie was home to a little friendly 
competition between soybean management systems last year


By
It was the battle of the beans in Portage la Prairie last year, in the hope of shedding some light on best practices for soybeans. Results from the 2017 Ultimate Soybean Challenge were presented at this year’s Ag Days in Brandon. Three teams, with three very different management strategies, looked to outshine their competition at
A mountain of “second” corn (winter corn) stored outside of already-full storage bins in Mato Grosso state, Brazil, July 26, 2017.
Cereals, International news

Heavy rains not seen slowing Brazilian winter corn

There might be a small acreage drop, but the country is expected to continue to be a leading exporter

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Reuters – Forecasts of heavy rainfall during Brazil’s soy-harvesting season are unlikely to discourage farmers from planting winter corn, according to Agroconsult, as it kicked off an annual crop tour Jan. 16 in the top grain-producing state of Mato Grosso. Once an afterthought, winter or second corn is planted after soybeans are harvested in states

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