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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
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
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets, Soybeans

CBOT weekly outlook: $12 soybeans possible

By
MarketsFarm — There’s a good chance that soybeans on the Chicago Board of Trade (CBOT) could reach US$12 per bushel before the end of December, according to grains analyst Terry Reilly of Futures International in Chicago. “It’s very possible. We’re not too far away from it. We also got close to that point back on […] 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
Husky Energy’s ethanol plant at Minnedosa, Man., about 45 km north of Brandon. (HuskyGrain.com)
Cereals, Crops, Reuters

Husky, Cenovus shareholders approve merger deal

Cenovus to be Western Canada's biggest ethanol, DDGS producer

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Reuters — Cenovus Energy’s $6.07 billion deal to buy Husky Energy was approved by the shareholders of the two companies on Tuesday, creating Canada’s No. 3 oil and gas producer in a rapidly consolidating industry. Cenovus said 93 per cent of shareholder votes were cast in favour of the merger at a special meeting, while […] 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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