Soybeans & Production Tips

Monsanto slashing 2,600 jobs, buying back shares as sales fall

By GFM Network News October 7, 2015

Reuters — Monsanto, one of the world’s largest seed and agrichemical companies, said Wednesday that it was slashing 2,600 jobs and restructuring operations to cut costs in a slumping commodity market. The company, which said it expected low prices for agricultural products to squeeze results well into 2016, also reported a much wider quarterly loss […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy rest on USDA report

By GFM Network News October 7, 2015

CNS Canada –– The short-term fate of corn and soybean futures at the Chicago Board of Trade rests on an upcoming supply and demand report, according to one analyst. Long-term, traders are watching global weather patterns, which could put crops at risk. The U.S. Department of Agriculture (USDA) will release its monthly World Agricultural Supply […] Read more

Corn, Crops, Markets, Reuters, Soybeans

Bulgaria opts out of growing GM crops

By Reuters, GFM Network News October 1, 2015

Sofia | Reuters –– Bulgaria has told the European Union it will ban the cultivation of crops with genetically modified organisms (GMOs) under EU rules that allow member states to opt out of GMO cultivation, the agriculture ministry said in a statement on Thursday. “The agriculture ministry upholds its position that Bulgaria should be free […] Read more

Canola, Crops, Markets, Soybeans

ICE weekly outlook: Canola looking overpriced

By GFM Network News September 23, 2015

CNS Canada –– ICE Futures Canada canola contracts moved lower in sympathy with CBOT soybeans during the week ended Wednesday, and could have more room to the downside as the Canadian oilseed remains overpriced compared to its U.S. counterpart. The canola premium compared to soybeans is the same now as earlier in the summer, when […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soybeans feeling harvest pressure

By GFM Network News September 23, 2015

CNS Canada — Chicago Board of Trade (CBOT) corn and soybean futures finished lower for the week ended Wednesday as the advancing harvest pressured already-low prices. The front-month soybean contract dropped to some of its lowest levels in more than six years. The rising strength of the U.S. dollar has made life difficult for U.S. exporters […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soybeans moving on technical trading

By GFM Network News September 16, 2015

CNS Canada –– Corn and soybean futures at the Chicago Board of Trade (CBOT) are mostly moving on technical trading, profit-taking and good harvest weather. “It’s a technical trade; the range may have moved up a little bit higher than what we had thought,” said Scott Capinegro, senior broker with Highground Trading Group. Soybeans saw […] Read more

Corn, Crops, Markets, Reuters, Soybeans

USDA probes release of incorrect data that pressured crop prices

By GFM Network News September 16, 2015

Chicago | Reuters — A U.S. Agriculture Department (USDA) unit is reviewing its procedures after posting incorrect crop data online on Wednesday, an error that temporarily pressured grain prices. The Farm Service Agency (FSA) inadvertently issued the wrong data on crop acreage around 5 a.m. CT and posted corrected data four hours later. The agency […] Read more

Crops, Soybeans

Manitoba soybeans near harvest, weather permitting

By GFM Network News September 11, 2015

Manitoba soybeans are edging closer to harvest, with southern fields just a week away, but rain, as always, poses a challenge to producers. Beans in southern Manitoba have ripened faster than other parts of the province, and will be ready to harvest by early next week, said Dennis Lange, farm production advisor with Manitoba Food, […] Read more

Corn, Crops, Reuters, Soybeans

French court upholds Monsanto poisoning ruling

By Reuters, GFM Network News September 10, 2015

Lyon/Paris|Reuters — A French court upheld on Thursday a 2012 ruling in which Monsanto was found liable in the chemical poisoning of a French farmer, who says he suffered neurological problems after inhaling the U.S. company’s Lasso herbicide. The decision by an appeal court in Lyon confirmed the initial judgment, the first such case heard in court […] Read more

Corn, Crops, Markets, Reuters, Soybeans

U.S. farmers unlikely to book sales off the combine this fall

By GFM Network News September 9, 2015

Chicago | Reuters –– Cash market sales of corn and soybeans will probably be slow around the U.S. this fall as weakness in the futures market and crumbling basis levels have left prices well below growers’ targets and threatened profitability. But the downturn has not killed farmers’ hopes for a fall rally, even with expectations […] Read more

Daily Network News

Southern California honeybees show resistance to varroa mites

Pulse Weekly: SaskPulse optimistic despite input, crop price concerns

Canadian aquaculture should be classed as agriculture, industry groups say

Soybeans

Monsanto slashing 2,600 jobs, buying back shares as sales fall

CBOT weekly outlook: Corn, soy rest on USDA report

Bulgaria opts out of growing GM crops

ICE weekly outlook: Canola looking overpriced

CBOT weekly outlook: Corn, soybeans feeling harvest pressure

CBOT weekly outlook: Corn, soybeans moving on technical trading

USDA probes release of incorrect data that pressured crop prices

Manitoba soybeans near harvest, weather permitting

French court upholds Monsanto poisoning ruling

U.S. farmers unlikely to book sales off the combine this fall

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