Soybeans & Production Tips

CBOT weekly outlook: Soybeans excite ahead of holiday

By GFM Network News November 22, 2017

CNS Canada — While corn futures sat quietly this week on the Chicago Board of Trade (CBOT), soybean futures were another story ahead of the U.S. Thanksgiving weekend. On Tuesday, “there was a lot of talk that Argentina was going to have some very good rains; the (soybean) market was understanding of that,” said Steve […] Read more

Canola, Crops, Markets, Soybeans

ICE weekly outlook: Canola looks to soyoil wildcard

By GFM Network News November 16, 2017

CNS Canada –– ICE Futures Canada canola bounced around within a rather wide range over the course of the week ended Wednesday, but could head higher if it gets help from U.S. soyoil. “The wildcard here is the (soy)bean oil market,” said Ken Ball of PI Financial in Winnipeg. While Chicago Board of Trade soyoil […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Investors look for quick buys in corn

By GFM Network News November 16, 2017

CNS Canada — Pressure continues to build on the Chicago Board of Trade corn market but there could be a glimmer of hope as traders look for places to park money ahead of next week’s U.S. Thanksgiving Day holiday. “I think people are looking for a place to buy the market here in a short-term […] Read more

Columns, Soybeans

Growing soybeans in Brazil

Toban Dyck had a glimpse of South American ag in a whirlwind trip to Brazil 

By Toban Dyck November 9, 2017

At the end of August my wife and I traveled to Brazil for the International Pork and Poultry conference. I assumed the soybean plants in Brazil grow six-feet tall and that farmers there expect yields close to 80 bushels per acre. I expected to see lush growth, and an insatiable appetite for clear cutting the […] Read more

Corn, Crops, Soybeans

CBOT weekly outlook: Corn and soybeans down after USDA report

By GFM Network News November 9, 2017

CNS Canada – Corn and soybean futures at the Chicago Board of Trade fell following the United States Department of Agriculture’s crop production report which raised corn estimates and kept soybeans at previous estimates. “I expect the low volatility environment to continue with soybeans remaining in tight trading short term. And for corn prices eventually […] Read more

Reuters, Soybeans

Brazil cuts into U.S. soybean market share in China

By GFM Network News November 3, 2017

Reuters – Brazil is expected to win a larger share of China’s soybean imports in coming months, hitting U.S. exporters during the peak marketing season for their most valuable farm product as the world grapples with a fifth consecutive bumper crop. China is expected to buy about five million tonnes of soybeans from Brazil for […] Read more

Corn, Crops, Reuters, Soybeans

Monsanto halts U.S. seed treatment launch after complaints of rashes

By GFM Network News November 1, 2017

Chicago | Reuters — Monsanto put on hold the launch of a seed treatment on Wednesday, following reports it causes rashes on people, in the latest instance of complaints about a company product that was approved by U.S. environmental regulators. Monsanto froze plans for commercial sales of the product called NemaStrike, which can protect corn, […] Read more

BASF’s dicamba production facility in Beaumont, Tex. (BASF.com)

Crops, Reuters, Soybeans

Monsanto, BASF herbicides strain states with damage complaints

By GFM Network News November 1, 2017

Chicago | Reuters — U.S. farmers have overwhelmed state governments with thousands of complaints about crop damage linked to new versions of herbicides, threatening future sales by manufacturers Monsanto and BASF. Monsanto is banking on herbicides using dicamba — and seeds engineered to resist it — to dominate soybean production in the U.S., the world’s […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy futures maintain status quo

By GFM Network News October 25, 2017

CNS Canada — Soybean and corn futures at the Chicago Board of Trade have kept rangebound this week with little excitement. During the week ended Wednesday the December corn contract rose slightly, by 2.5 cents, to $3.51 per bushel (all figures US$). The dominant November contract for soybeans fell 3.25 cents, to $9.9675 per bushel. […] Read more

Features, News, Soybeans

Group seeking soybean processor

This group is getting Manitoba ready to attract a soybean processing plant to the province

By Angela Lovell October 24, 2017

It’s been an active year for a leadership group in Manitoba that is trying to attract a soybean processing facility. Westman Opportunities Leadership Group (WOLG) is a strategic leadership and advisory group comprised of Manitoba farm, business and civic leaders. The group is not working to build a soybean processing facility, but is trying to […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News