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Oilseeds

CBOT March 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans touch six-year high on Argentina strike, weather

Grains complex rebounds after stepping back on news of new coronavirus strain

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Chicago | Reuters — U.S. soybeans climbed to six-year highs on Monday as weather and export troubles in Argentina outweighed concerns of a new coronavirus strain hitting Britain. Corn and wheat futures traded near even as soybeans supported the grains complex. Chicago Board of Trade most-active soybeans gained 23-1/2 cents to $12.47-1/2 per bushel, after […] Read more
The World Trade Organization (WTO) headquarters in Geneva, Switzerland on Oct. 28, 2020. (Photo: Reuters/Denis Balibouse)
Crops, Reuters

Ban on food aid restrictions blocked at WTO

WTO says outcome 'disappointing' in difficult year

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Geneva | Reuters — World Trade Organization members were at odds on Friday over a proposal that would ban countries from restricting food aid deliveries, potentially complicating the response to a feared COVID-fuelled humanitarian catastrophe next year. The proposal was one of two related to the pandemic that failed to make headway at a three-day […] Read more
CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans touch 6-1/2 year high

Corn follows as traders eye South American crops

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Chicago | Reuters — U.S. soybean futures surged to their highest in 6-1/2 years on Friday as the rain outlook in key South American growing areas remained uncertain, threatening harvest prospects as global demand strengthens, traders said. Forecasts of low U.S. soybean inventories and strong demand from U.S. processors and importers like China have made […] Read more
CBOT March 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, wheat, soybeans rally with exports in focus

CBOT March wheat passes US$6 mark

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Chicago | Reuters — Chicago Board of Trade soybean and corn futures rose on Thursday, with soybeans soaring past the US$12 a bushel mark and hitting a fresh 4-1/2-year high after a strong weekly export report sparked a rally, traders said. The good demand for U.S. supplies highlighted concerns about potential harvest shortfalls in South […] Read more
File photo of Agriculture Minister Marie-Claude Bibeau speaking to media in Winnipeg in March 2019. (Dave Bedard photo)
Crops

Bibeau says government committed to federal plant breeding

Seed royalty consultations stalled

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The Canadian government is committed to plant breeding, federal Agriculture Minister Marie-Claude Bibeau told members of the Canadian Farm Writers’ Federation on Tuesday. Some farmers and seed industry officials suspect Agriculture and Agri-Food Canada’s (AAFC) variety development work, along with many other programs, will be on the chopping block post-COVID-19 as the government tackles its […] Read more
ICE January 2021 canola (candlesticks) with 20-day moving average (yellow line) and CBOT January 2021 soyoil (green line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola holds over $600

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MarketsFarm — ICE Futures canola contracts were stronger Wednesday, hitting multi-year highs for three consecutive days. The nearby January contract closed at $602.90 per tonne on Wednesday, gaining nearly $10 since Friday’s close of $593.60. Ken Ball of PI Financial in Winnipeg said canola is expected to go higher in order to “kill off some […] Read more
CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Profit-taking pressures soybeans

Corn futures firm, wheat weak

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Chicago | Reuters — U.S. soybean futures eased on Wednesday on a profit-taking setback after approaching 4-1/2-year highs, traders said. Corn futures ended firmer on technical buying, while wheat dipped. Concerns about dry conditions limiting crop potential in key corn- and soy-growing areas of South American underpinned the market, with strong demand weighing on global […] Read more
Les Henry: The ground beneath our feet
Columns, Crops

Les Henry: The ground beneath our feet

To understand soil, we must understand what is beneath it

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Hang on tight — this could be a rough ride. I will take you down some very deep gopher holes and hopefully stretch your mind a bit in the process. We are not talking about those claustrophobic tubes that run underground in places like Toronto or New York or about criminal activities. We are talking […] Read more
CBOT January 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Bullish crush data sparks rally in soybeans

CBOT corn, wheat futures firm

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Chicago | Reuters — U.S. soybean futures rallied on Tuesday, supported by a report showing processors were busier than expected during November, adding further pressure to a tight supply base, traders said. The strength in soybeans pulled corn higher, which closed in positive territory after trading lower for much of the session. Wheat futures also […] Read more
Bourgault is offering an air planter option on its 3820 and 3335 drills.
Equipment, Machinery

Unveiling the air planter

Bourgault introduces an air planter option for its drills

By
In the industry, there are a lot of canola producers that are interested in and playing around with planters, says Rob Fagnou, marketing specialist at Bourgault. “(They’re) trying to get their (seeding) rates down as low as possible and control them at low rates to reduce their costs. And we also see more corn and […] Read more

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