Projected ending stocks of soybeans, corn and wheat in the United States were raised slightly higher in the latest supply/demand estimates from the United States Department of Agriculture, while production estimates for Brazil were revised lower.
Soybeans
USDA raises U.S. carryout, tightens Brazilian production
World wheat carryout estimate downgraded, but well above previous year
Less Canadian wheat, more canola on hand to end 2023: StatCan
Some had anticipated even larger on-farm canola stocks, given slower export pace
Canadian wheat stocks at the end of 2023 were considerably tighter compared to the previous year, with oats, corn and pulse crops also seeing supply reductions, according to the latest stocks report from Statistics Canada, released Feb. 8, 2024. However, canola, barley and soybean stocks as of Dec. 31, 2023, were higher compared to the previous year.
El Nino waning, La Nina to develop in second half of 2024
La Nina likely to affect production of wheat, corn in US, soybeans, corn in Latin America, analyst says
The La Nina weather pattern could emerge in the second half of 2024, quickly after El Nino transitions into ENSO-neutral conditions in the middle of this year, a U.S. government weather forecaster said on Thursday.
U.S. grains: Corn, soybeans touch new multi-year lows on grain glut worries
Easing heat wave in Argentina tempers crop worries
Chicago corn prices dipped to a new three-year low on Wednesday, as weather charts showed a hot, dry spell in Argentina will give way to widespread rain in the coming days, traders said.
Planting just one soybean variety is a ‘mistake’
Growers should try at least three, an Ontario soy expert says
Horst Bohner is convinced — completely so — that farmers should plant more than one variety of soybeans. If they don’t, they are making a “mistake,” he says. “As a basic starting point, I think every grower should seed at least three varieties. Every year. As a minimum. Hopefully more than that,” says Bohner, the […] Read more
Breeding picks up its pace
Thirteen years of testing, selecting and production now done in five
The pace of plant breeding has quickened by leaps and bounds, from selective breeding to the use of transgenics. Yet the process of breeding seeds with desired traits, rechecking for trait and yield performance and increasing those numbers for commercial availability takes more than 10 years. Or does it? With the use of continuous nursery […] Read more
Window now wider, but ideal timing to plant soy still same
Risks also remain if pushing luck with planting depth and rates
Glacier FarmMedia — Provincial pulse and soybean specialist Dennis Lange says the window for planting soybeans in Manitoba is getting wider. “In the past, one of our big concerns was planting soybeans too early,” he says. “That was our initial discussion a few years ago.” Soybeans are susceptible to frost, and historically, the risk of […] Read more
The year in pulse crop inputs
A quick look at new actives, new combinations and expanded labels
Following up on last issue’s roundup of product launches and label expansions in the cereal crop input market, here we’ve put together a quick list of new and/or improved pulse crop inputs that were announced in our earshot during the past year, including several due out for the coming growing season. Again, if we’ve inadvertently […] Read more
U.S. grains: Soybeans firm on bargain-buying ahead of USDA report
Wheat futures rose while corn ended lower on forecasts for rain in Argentina
U.S. soybean futures firmed on Tuesday for a second straight session as short-covering and technical-buying fueled a bounce from multi-year lows a day earlier, though concerns about weak demand limited gains.
U.S. grains: Soybeans move higher on technical trading ahead of government reports
Strong dollar weighed heavy on wheat; corn pressured by sluggish exports
Chicago Board of Trade soybeans futures on Monday rose on technical trading ahead of a slew of key government crop reports, after the most-active contract Sv1 touched the lowest price since December of 2020, traders said.