Soybean Field

Opinion: Are U.S. soybean exports meeting market expectations?

Although robust world soybean demand and competitive advantages have allowed the United States to surpass early-season export forecasts for four years in a row, market watchers wonder if this is the year that will break the mould. The U.S. Department of Agriculture’s weekly soybean export figures have consistently met or exceeded analyst estimates so far.

Everyone needs to be a trade policy expert

Everyone needs to be a trade policy expert

Time for those who have benefited from free trade to stand up for it

Inattention, indifference and inaction are no longer options for those in agriculture with regard to U.S. foreign policy. Free trade has remained a key, philosophical driver for U.S. feed grains for decades, benefiting corn, barley and sorghum growers — among many other commodities. Now, agriculture must answer the call to defend trade and the rewards


USDA forecast puts soybeans in uncharted territory

USDA forecast puts soybeans in uncharted territory

Acreage is up but production down in the latest USDA monthly crop production report

Just when analysts thought they had figured out the pattern in the U.S. Department of Agriculture’s U.S. soybean forecasts, the agency’s latest estimate broke form and created even more uncertainty in the market. In its monthly U.S. crop production report on Oct. 19, USDA increased harvested area of the oilseed by 740,000 acres but lowered

Winter wheat planting lags in U.S.

Winter wheat planting lags in U.S.

The big question is if it’s weather related or a sign of shifting grower intentions

There’s little doubt the planting of the 2018-19 U.S. winter wheat crop is off to what could be the slowest start in history. But the most jarring fact is that the lag appears to be at its worst in the top-producing state, Kansas, which brings the intended acreage — and thus production potential — under


Blooming rapeseed field at sunset

Fundamentals, uncertainty hold canola rangebound

USDA’s soybean yield outlook was briefly helpful

The ICE Futures Canada canola market enjoyed a slight bump during the week ended Oct. 12, as a bullish U.S. Department of Agriculture report lifted the tide for all oilseeds. However, canola futures will likely need more bullish news if they hope to shake free of their recently established range of $490-$500 per tonne. USDA

Oilseed Rape Pods

Canola remains rangebound despite support for soy

The latest USDA report put pressure on wheat values

ICE Futures Canada canola futures spent most of the week ended Sept. 29 chopping around in their recently established range, despite two major reports that moved other agricultural markets. The U.S. Department of Agriculture on Friday released its quarterly stocks report, in which it pegged U.S. soybean stocks at 301 million bushels. That was far


Canola traders are fixed on forecasts for a record crop

Canola traders are fixed on forecasts for a record crop

Minneapolis wheat suggests protein will be in short supply

ICE Futures Canada canola contracts trended higher for the past two weeks, despite seasonal harvest pressure, although the bigger picture remains sideways and rangebound. The November contract briefly traded above the 200-day moving average of $497 per tonne on Sept. 22, on the back of some fund buying triggered by a rally in Chicago soybeans.

Harvest time - combine at canola field

U.S. soy, Prairie weather help halt canola’s skid

A new USDA report was briefly bearish for corn and soy

ICE Future Canada canola contracts managed to halt their recent trek downward on the charts through a mix of weather issues, speculative buying and upward action in U.S. soybeans. However, strength in the Canadian dollar and the continuing oilseed harvest throughout North America were still bearish forces for the commodity during the week ended Sept.


The rain dilemma for U.S. corn, soybeans

The rain dilemma for U.S. corn, soybeans

Localized storms are making widely used weather models less meaningful to the market


Rain has been falling across the U.S. Corn and Soybean Belt this month but crop ratings have been low or declining, a sign that some farmers may be getting too much moisture while others have parched fields. Because summer storms have been so localized, the two leading weather models used by traders may be little

Consistent demand supports prices ahead of slowdown

Consistent demand supports prices ahead of slowdown

Many producers may be wishing they had more to sell

Cattle prices remained firm at Manitoba auction marts during the week ended June 9. Bids for steers (400-500 lbs.) rose $3-$5 per hundredweight on average with other lightweight animals also showing slight improvements. The heavier-class animals posted gains with heifers (600-700 lbs.) rising roughly $5-$10. “All the classes look strong; some guys are making $400