China on Thursday approved additional varieties of genetically modified soybeans and corn for import and production while expanding their planting areas nationwide, as part of a drive to improve food security and reduce imports.
Soybeans
China’s embrace of GMO crops gains momentum with new import, planting approvals
GMO corn, soybeans, cotton recently approved for domestic production in China
The year in cereal crop inputs
Several products are due on the market for 2024
Here we’ve put together a quick list of cereal crop inputs that were announced in our earshot during 2023, including several due out for the 2024 growing season. We’ve listed them here in no particular order and if we’ve inadvertently missed someone or something, let us know at [email protected]. Straxan fungicide Corteva bills its cereal […] Read more
U.S. grains: Soy futures drop near two-year low, corn sets three-year low
Wheat ended nearly unchanged after touching seven-week low on Tuesday
Chicago Board of Trade soybean futures tumbled near a two-year low on Wednesday as Brazilian crops benefited from improved weather and challenged U.S. exports on the global market, analysts said.
CBOT weekly outlook: USDA estimates, weather pulling prices down
Shipping costs due to re-routing away from embattled Red Sea also affecting markets
Corn and soybean contracts hit new lows, while wheat saw its weakest prices in nearly two months on the Chicago Board of Trade (CBOT) during the week ended Jan. 17.
U.S. grains: Soybean futures firm as traders wrestle with Brazilian output forecasts
Conflicting South American soy crop forecasts roil trade; market processing USDA crop production report
Chicago Board of Trade soybean futures ended higher on Tuesday on a technical bounce, amid a day of volatile trading and a flurry of news with conflicting pricing guidance, traders said.
Speculative short position hits new record in canola
Soybeans hit largest net short position since March 2020
Speculators were back adding to their large net short position in canola to start 2024, taking the bearish bet to a new record, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Editor’s Rant: The cure for success
If I were asked to choose a favourite old adage about farming, I’d make up any excuse to avoid doing so. If pressed further, I’d offer up a classic such as “The cure for high prices is high prices.” As adages go, that one has it all: a caution to make hay while the sun […] Read more
U.S. grains: Corn plunges on robust supplies, sluggish US demand
Soybeans fell to lowest price in 26 months on larger Brazilian crops, U.S. yield
Chicago corn futures plunged to a three-year low on Friday after the U.S. Department of Agriculture reported that U.S. corn stocks swelled to their highest levels since 2018
US corn stocks swell as world recovers from tighter supplies
Global corn ending stocks are projected to hit a six-year high in 2023/34
U.S. corn inventories last month swelled to their largest level since 2018, the U.S. Department of Agriculture said on Friday, as global supplies recover from multi-year lows.
U.S. grains: Soy futures near two-year lows as traders await US crop reports
Corn futures eased; wheat futures also slumped
Chicago Board of Trade soybean futures ended flat on Thursday and remained near their lowest level since December 2021 amid lackluster demand for U.S. exports and an improved South American supply outlook.
Cyber-Savvy Farmer
