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Soybeans

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

CBOT weekly outlook: Corn is the leader

By
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
Photo: iStock
Canola, Markets, Soybeans

Canadian canola crush running strong

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Canada’s canola crush is running slightly ahead of the year ago level, according to updated data from Statistics Canada. With 917,992 tonnes of the oilseed crushed in November, the 2020/21 (Aug/Jul) crop-year-to-date total of 3.465 million tonnes compares with the 3.309 million tonnes processed during the same timeframe the previous year. The November canola crush […] 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

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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
New 2021 soybean varieties
Crops, Soybeans

New 2021 soybean varieties

Seven companies release 22 offerings with improved disease resistance, solid yields and more

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Soybean growers will, once again, have lots of choice for new varieties in 2021. Seven companies are releasing a total of 22 new soybean options for western Canadian producers for the coming growing season. Features include improved disease resistance, strong standability and solid yield across a range of crop heat units (CHU). Please note, the […] Read more

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