Soybeans & Production Tips

A drought-hit cornfield at Nao-Me-Toque in Brazil’s Rio Grande do Sul state on Jan. 9, 2022. (Photo: Reuters/Diego Vara)

CBOT weekly outlook: Traders look to skies for market guidance

By GFM Network News April 20, 2022

MarketsFarm — Much of the focus from the Chicago Board of Trade (CBOT) for the week ended Wednesday has shifted away from besieged Ukraine — and toward areas closer to home. Prices for nearby corn and soybean contracts rose over the past week due to weather-related rallies, but wheat prices held rangebound. The U.S. northern […] Read more

File photo of a rapeseed field in Iwate prefecture in northeastern Honshu, Japan. (Nattya3714/iStock.Getty Images)

Canola, Crops, Markets, Soybeans

USDA reports offer new oilseed insights from India, Japan

By GFM Network News April 6, 2022

MarketsFarm — The Foreign Agricultural Service of the U.S. Department of Agriculture (USDA) released its weekly Global Agricultural Information Network (GAIN) reports on Wednesday, including new information regarding oilseeds in India and Japan. Oilseed production in India is projected to increase by one per cent at 42.1 million tonnes in 2022-23, according to FAS New […] Read more

Corn, Crops, Markets, Reuters, Soybeans

With fertilizer costs high and seed scarce, U.S. farmers turn to soy

'These prices are just crazy'

By Julie Ingwersen, Mark Weinraub, GFM Network News February 23, 2022

Chicago | Reuters — North Dakota farmer Jennifer Meyer typically devotes at least 20 per cent of her 2,500-acre farm to corn, which provides a convenient feed for the cattle she raises with her husband. But this year she is looking to find another crop for those 500 acres near Wilton as she has been […] Read more

Is there an overall recommended seeding date for soybeans in Manitoba?

Crops, Features, Soybeans

Latest recommendations on soybean management in Manitoba

Optimum seeding depths and seeding windows, fungicide efficacy and whether to intercrop or relay crop — or not

By Jeff Melchior February 14, 2022

If you plant soybeans in Manitoba, you may have wondered about seeding in late spring, ideal seeding depth, fungicide efficacy and other facets of soybean production in recent years. Kristen MacMillan, a research agronomist for the University of Manitoba’s department of plant science, has the answers to several important soybean production questions, on which soybean […] Read more

Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: More adjustments expected after lacklustre USDA report

By Phil Franz-Warkentin, GFM Network News February 9, 2022

MarketsFarm — Updated supply/demand estimates from the U.S. Department of Agriculture on Wednesday included only minor revisions, with the lacklustre report doing little to move the market. While South American production numbers were revised lower, further downward revisions are likely in subsequent reports, according to a market analyst. “We were a little surprised the USDA […] Read more

ICE March 2022 canola (candlesticks, right column) with 20- and 50-day moving averages (yellow and dark green lines) and CBOT March 2022 soybeans (black line, left column). (Barchart)

Canola, Crops, Markets, Soybeans

ICE weekly outlook: Canola moving back in line with soybeans

By Phil Franz-Warkentin, GFM Network News February 3, 2022

MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, but lagged the Chicago Board of Trade soy complex to the upside as the spreads between the two markets saw some readjustment. “If you had bought 100 tonnes of March canola on Dec. 21 you’d be up about $10 per tonne right […] Read more

CGB’s soybean processing plant at Mt. Vernon, Ind. (CGB video screengrab)

Crops, Reuters, Soybeans

CGB, soy grower co-op to build North Dakota crushing plant

By GFM Network News December 23, 2021

Reuters — U.S. grain handler CGB Enterprises and farmer co-operative Minnesota Soybean Processors are building a soy processing plant in North Dakota, the second new crushing facility announced in the state this year. The plant — which will be built near Casselton, about 25 km west of Fargo — is expected to crush 42.5 million […] Read more

Corteva, Croplan, Dekalb, Maizex, NorthStar Genetics, Proven Seed, SeCan, Sevita International, Syngenta and Thunder Seed are releasing a total of 31 new soybean varieties for 2022.

Crops, Features, Soybeans

New soybean varieties for 2022

Good disease packages, stress tolerance and strong standability are just a few of the features on offer

By Mark Halsall December 10, 2021

Western Canadian Prairie farmers who want to try a new soybean variety in 2022 will have lots to choose from with 31 soybean options being rolled out for the coming growing season. Here’s a look at what’s on tap from Dekalb, Corteva, Croplan, Maizex, NorthStar Genetics, Proven Seed, SeCan, Sevita International, Syngenta and Thunder Seed. […] Read more

A soybean crop at Headingley, Man. on Sept. 2, 2021. (Dave Bedard photo)

Crops, Markets, Soybeans, Winter Wheat

CBOT weekly outlook: Soybean purchases steal wheat’s thunder

By GFM Network News November 17, 2021

MarketsFarm — While Chicago wheat is hitting new contract highs, soybeans are the standout commodity on the Chicago Board of Trade (CBOT), according to one trader. Over the weekend, there were rumblings that China had purchased five cargoes worth of soybeans earlier in the week. Three nights later, that number had grown, which caused soybean […] Read more

Corn, Markets, Soybeans

High priced U.S. soybeans/corn due for correction

By GFM Network News November 3, 2021

MarketsFarm – With United States soybean and corn harvests nearing completion, anecdotal reports point to better-than-expected yields for both crops that could weigh on futures prices at the Chicago Board of Trade. “It’s amazing that here in the U.S. we have a good corn and soybean crop, considering how dry we were,” said Scott Capinegro, […] Read more

GFM Network News

U.S. livestock: Cattle rebound on technical buying

U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes

Good weather pushes Alberta harvest along

Soybeans