Soybeans & Production Tips

Arkansas restricts dicamba for 2018

By GFM Network News January 22, 2018

Chicago | Reuters — In a blow to manufacturers Monsanto and BASF, Arkansas state lawmakers voted on Friday to bar sprayings of a controversial weed killer after mid-April to protect farmers from potential crop damage. Arkansas will prohibit the use of herbicides based on dicamba from April 16 to Oct. 31, the strictest state limits […] Read more

Richardson’s port terminal at Hamilton handles Ontario soybeans, corn and wheat. (Richardson.ca)

Crops, Soybeans

Soy Canada’s exposure limited in Richardson pullout

By Grainews Staff, GFM Network News January 19, 2018

The industry group for Canada’s soybean sector faces relatively low exposure from a loss of funding by Prairie grain heavyweight Richardson International. The privately-held Winnipeg grain firm recently announced it would not renew its funding commitments to the Canola Council of Canada, Flax Council of Canada and Soy Canada. The company said its total annual […] Read more

Corn, Crops, Markets, Soybeans, Winter Wheat

CBOT weekly outlook: Markets stabilize following USDA reports

By GFM Network News January 17, 2018

CNS Canada — Corn and soybean contracts on the Chicago Board of Trade (CBOT) are catching up following the release of U.S. Department of Agriculture (USDA) reports last Friday. Corn “went down on Friday in response to the report. We couldn’t file through it all yesterday. So we actually ended up finding some short-covering and […] Read more

Corn, Crops, Markets, Soybeans, Winter Wheat

CBOT weekly outlook: Markets await USDA reports

By GFM Network News January 10, 2018

CNS Canada — Updated production, stocks and acreage numbers due out from the U.S. Department of Agriculture on Friday should provide some nearby direction for U.S. grain and oilseed markets. “I can’t really get too bullish on the bean market with the large USDA estimates hanging over our heads,” said Terry Reilly of Futures International […] Read more

Crops, Reuters, Soybeans

Brazil’s 2017/18 soybean crop seen second-biggest in history

By GFM Network News January 5, 2018

Sao Paulo | Reuters – Benefited by good weather, Brazil’s 2017/18 soybean crop, which farmers are now beginning to harvest, is expected to surpass 110 million tonnes, the second-largest in history, according to the average of 11 forecasts in a Reuters poll on Friday. Farmers here are likely to collect 110.19 million tonnes of the […] Read more

Reuters, Soybeans

Argentina begins phasing in cuts to soybean export tax

By GFM Network News January 2, 2018

Buenos Aires | Reuters – Argentina has cut its soybean export tax to 29.5 percent from a previous 30 percent, the first step in a plan to gradually reduce the levy to 18 percent over two years, the agriculture ministry said in a statement on Tuesday. The plan will see the tax cut by one […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy trade watching South America

By GFM Network News December 21, 2017

CNS Canada –– Seasonal holiday trade could lead to some choppiness in the Chicago Board of Trade soybean and corn markets over the next week, although the general bias will likely remain pointed lower in the New Year, barring a weather scare out of South America. “There’s a reluctance to take on new positions ahead […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy look vulnerable to downside

By GFM Network News December 13, 2017

CNS Canada — Soybean and corn futures both suffered losses over the past week as improving weather patterns in South America have pushed the commodities below their recent support levels. CBOT March corn dipped below the psychologically-important $3.50 a bushel level on Tuesday (all figures US$). The market was pressured by the U.S. Department of […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soybean markets excite while corn settles

By GFM Network News December 6, 2017

CNS Canada — Soybean prices on the Chicago Board of Trade (CBOT) are finding support from Argentina weather while corn markets remain stuck in sideways trading, according to a Chicago trader. “The corn markets have kind of been left out of the Argentina weather equation with heavy fund selling here and there… and then might […] Read more

Crops, Soybeans

Brazil: Farming on a larger scale

By Toban Dyck December 4, 2017

It’s hard to distill great experiences. And, arguably, I don’t want to. I want you, the reader, along for every second of what made my trip to Brazil amazing. At the planning phase, there were so many disparate parts. I felt it the trip going to fall through — part of it seemed too good […] Read more

Klassen: Feeder market slips off record highs

China trade envoy meets US Midwest delegation as agriculture exports loom large in talks

Wildfire smoke helped counter extreme heat, benefitting this year’s canola crop

GFM Network News

Klassen: Feeder market slips off record highs

China trade envoy meets US Midwest delegation as agriculture exports loom large in talks

Wildfire smoke helped counter extreme heat, benefitting this year’s canola crop

Soybeans

Arkansas restricts dicamba for 2018

Soy Canada’s exposure limited in Richardson pullout

CBOT weekly outlook: Markets stabilize following USDA reports

CBOT weekly outlook: Markets await USDA reports

Brazil’s 2017/18 soybean crop seen second-biggest in history

Argentina begins phasing in cuts to soybean export tax

CBOT weekly outlook: Corn, soy trade watching South America

CBOT weekly outlook: Corn, soy look vulnerable to downside

CBOT weekly outlook: Soybean markets excite while corn settles

Brazil: Farming on a larger scale

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