Soybeans & Production Tips

(Merschman Seeds video screengrab via YouTube)

Corteva to accelerate Enlist E3 soybean rollout

By Reuters, GFM Network News January 30, 2020

Chicago | Reuters — U.S. seed and crop chemical maker Corteva said Thursday it will accelerate production of its next-generation biotech soybean seeds and complementary herbicides in Canada and the U.S. over the next five years. The move heightens the competition for sales to farmers with rivals Bayer and BASF. Up to 20 per cent […] Read more

CBOT March 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Soybeans

CBOT weekly outlook: Soybeans oversold

By Phil Franz-Warkentin, GFM Network News January 29, 2020

MarketsFarm — Sharp losses in Chicago Board of Trade soybeans over the past month are looking overdone, according to an analyst who expects the lows may be in for the time being. March soybeans lost roughly 60 U.S. cents per bushel since the beginning of January, with the latest concerns over the coronavirus in China […] Read more

Canola, Crops, Markets, Soybeans

Large funds back on short side in soybeans

By GFM Network News January 24, 2020

MarketsFarm — Large fund traders have moved back to the short side in soybeans while only making small adjustments in canola, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 20,366 contracts on […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: 2019 ends on high note

By GFM Network News January 8, 2020

MarketsFarm — Despite a number of tough challenges in 2019, one broker at the Chicago Board of Trade said the year ended on a high note. “For what we went through with China this whole year, this trade war, you had corn, wheat and soybeans close higher for the year on Dec. 31,” said Scott […] Read more

File photo of young plants in a soybean field in Argentina. (Gracieross/iStock/Getty Images)

Crops, Markets, Soybeans

Argentine soybeans facing tax increases

By GFM Network News January 8, 2020

MarketsFarm — Not many major divergences can be seen between the U.S. Department of Agriculture’s data (USDA) on Argentina’s soybean crop and data from the department’s attaché in Buenos Aires. What may bring changes to the country’s soybean industry are tax increases imposed by the new federal government, according to Benjamin Boroughs, the USDA attaché. […] Read more

Crops, Pulses, Reuters, Soybeans

Major grocers roll out plant-based burgers, undercut Beyond Meat

By GFM Network News January 8, 2020

Chicago | Reuters — Cashing in on rising demand for imitation meat, major retailers including Kroger and Walmart recently began to carry Beyond Meat’s plant-based burgers and sausages. Now, several stores are creating similar products that will compete with Beyond Meat. Kroger Co., the biggest U.S. grocer, on Wednesday rolled out its own line of […] Read more

A cargo ship is loaded with Brazilian soybeans bound for China. (Photo: Reuters/Paulo Whitaker)

Crops, Markets, Soybeans

Brazil to become top soybean producer, USDA says

By GFM Network News January 8, 2020

MarketsFarm — Brazil is set to pass the United States as the world’s top producer of soybeans during the 2019-20 marketing year, according to a report from the U.S. Department of Agriculture (USDA). As soybean production in both countries has risen dramatically over the last 10 years, the U.S. continued to lead the world in […] Read more

A canyon on China’s frontier with Kazakhstan. (Luxiangjian4711/iStock/Getty Images)

Crops, Reuters, Soybeans

China eases customs curbs for soy imports through northern border

By Reuters, GFM Network News January 2, 2020

Beijing | Reuters — China has eased customs regulations on imports of soybean through some northern border checkpoints, the commerce ministry said, a move that could smooth the way for shipments from neighbours such as Kazakhstan, Russia and perhaps Ukraine. The changes come as China looks to diversify soybean imports amid trade tension with the […] Read more

Crops, Markets, Reuters, Soybeans

Grain flow shifts from China trade war may last years, CHS says

By GFM Network News December 19, 2019

Chicago | Reuters — The U.S.-China trade war has accelerated Brazilian efforts to erode the United States’ share of the world soybean export market, and some of the shifts in global grain flows could last for years, according to executives at CHS Inc., the largest U.S. farmer co-operative. Even with a so-called ‘Phase One’ trade […] Read more

(Ablokhin/iStock Editorial/Getty Images)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Trade awaits solid details on ‘Phase One’

By GFM Network News December 18, 2019

MarketsFarm — While optimism towards the ‘Phase One’ trade deal between the U.S. and China has continued, its initial impact on the Chicago Board of Trade (CBOT) has diminished, according to one trader. “I think the biggest thing is everyone is on hold wondering, is it real? The actual terms of this [agreement] are still […] Read more

GFM Network News

U.S. grains: Corn drops to 12-week low on report of massive stocks, record harvest

U.S. livestock: Cattle futures rise, hogs fall on WASDE

Resignation of Saskatchewan wheat breeder draws concern

Soybeans

Corteva to accelerate Enlist E3 soybean rollout

CBOT weekly outlook: Soybeans oversold

Large funds back on short side in soybeans

CBOT weekly outlook: 2019 ends on high note

Argentine soybeans facing tax increases

Major grocers roll out plant-based burgers, undercut Beyond Meat

Brazil to become top soybean producer, USDA says

China eases customs curbs for soy imports through northern border

Grain flow shifts from China trade war may last years, CHS says

CBOT weekly outlook: Trade awaits solid details on ‘Phase One’

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