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Soybeans

CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Weather wreaks havoc on crops

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MarketsFarm — Unusual weather, both in North and South America, has significantly affected commodities this week at the Chicago Board of Trade, according to a broker. A brutal cold snap, extending from northern Canada to the U.S.-Mexico border, has slowed down soybean crushing, halted production at ethanol refineries and raised energy prices in the U.S., […] Read more
CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soybeans may see seasonal slowdown

However, more upside remains possible

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MarketsFarm — Corn and soybean futures at the Chicago Board of Trade, now trading at their highest levels in years, could come under some pressure over the next month, although the longer-range outlook remains strong, according to a broker. Crop insurance levels in the U.S. are based in part off of new-crop futures prices during […] Read more
At the company’s Chatham, Ont. research farm, Bayer agronomic systems manager Adam Pfeffer shows a plot of XtendFlex herbicide-tolerant soybeans, comparing an untreated check strip infested with redroot pigweed against a herbicide-treated strip. (Bayer Crop Science video screengrab via YouTube)
Crops, Soybeans

Triple-herbicide-tolerant soybean set for limited 2021 release

Bayer's XtendFlex soybeans pick up needed approvals

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Bayer Crop Science expects to have “a small volume” of its new XtendFlex soybeans in the Canadian seed market for the 2021 growing season. XtendFlex soybeans, whose trait package is stacked with herbicide tolerance for glyphosate and dicamba as well as glufosinate, will be available in Canada for planting this spring, but not in all […] Read more
CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn is the leader

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MarketsFarm — Over the last week at the Chicago Board of Trade (CBOT) corn has been leading soybeans, while wheat has been lacking good exports, according to Ryan Ettner, broker with Allendale Inc. in Fort McHenry, Ill. Ettner said he also expects the situation is very likely to continue, barring any kind of a major […] Read more
Robin Cristo says it was a challenge to pick up the lowest pods with combines equipped with flex headers without also picking up rocks in the field.
Crops, Features, Soybeans

Soybeans have potential, but need a bit of work

Southwest Saskatchewan producers say crop not suited to dry mid-summer conditions

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Soybeans are close to having a good fit in southern Saskatchewan crop rotations, but two farmers who grew the crop for several years, say it would be good if plant breeding could improve drought tolerance and really good if there was a way to get lower pods on the plant stem at least a little […] Read more
The ebb and flow of soybean production
Crops, Soybeans

The ebb and flow of soybean production

Acres have been up and down on the Prairies

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While soybean production across Canada has had its ebbs and flows of seeded acres over the years, the trend has generally been in an upward direction with breeding work continuing to develop varieties adaptable to variable growing conditions particularly in Western Canada. A profitable crop, largely only grown in southern Ontario until the 1970s, soybeans […] Read more
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn turn bearish

Traders keep an eye on South America

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MarketsFarm — Soybean and corn futures backed away from multi-year highs during the week ended Wednesday, as investors took profits and weather conditions showed some improvement in South America. “The technicals are a little bearish for both corn and beans,” said Terry Reilly of Futures International in Chicago. The managed money long position in soybeans, […] Read more

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