Soybeans & Production Tips

CBOT weekly outlook: Soybean/corn ratio too wide, expected to narrow

By GFM Network News April 29, 2015

CNS Canada — The widening spread between corn and soybean futures at the Chicago Board of Trade (CBOT) should be supportive for corn but a bearish factor in soybeans, as the two crops have moved in opposite directions over the past week, according to an analyst. Soybeans moved to their highest levels in a month […] Read more

Canola, Crops, Markets, Soybeans

ADM to upgrade crush plants for soy

By Grainews Staff, GFM Network News April 27, 2015

Archer Daniels Midland plans to get ahead of increased soy acreage on the Prairies by upgrading two crushing plants to handle more soybeans. The U.S. agrifood firm said Monday it will upgrade its processing plant at Enderlin, N.D., about 80 km southwest of Fargo, to crush soybeans as well as canola and sunflower seed. At […] Read more

Corn, Crops, Machinery, Markets, Soybeans

Brazil farm belt roads blocked in new trucker strike

By GFM Network News April 23, 2015

Sao Paulo | Reuters — Truckers in Brazil resumed roadblocks across the country’s main farm belt early on Thursday, after failing to reach common ground in talks with the government and freight companies in recent weeks regarding pay and fuel prices. Highway police on Thursday evening estimated that protesters had blocked roads at 17 points […] Read more

Canola, Corn, Crops, Markets, Reuters, Soybeans

U.S. regulators may recommend testing food for glyphosate residues

By GFM Network News April 18, 2015

Reuters — U.S. regulators may start testing food products for residues of the world’s most widely used herbicide, the Environmental Protection Agency told Reuters on Friday, as public concern rises over possible links to disease. Glyphosate, the active ingredient in Roundup herbicide, has come under intense scrutiny since a research unit of the World Health […] Read more

Crops, Markets, Reuters, Soybeans

Brazil’s Rural Society contests limits on foreign land purchases

By Reuters, GFM Network News April 16, 2015

Sao Paulo | Reuters –– Brazil’s Rural Society, a group representing large- and medium-scale farmers, filed a case with the country’s Supreme Court on Thursday seeking to overturn restrictions on the amount of land foreigners can purchase. The attorney general’s office tightened restrictions on foreign land ownership in Brazil in 2010, an action that officials […] Read more

Crops, Reuters, Soybeans

Argentine farmers say Monsanto soy contract breaks local law

By GFM Network News April 16, 2015

Buenos Aires | Reuters — Argentine farm groups on Wednesday asked soy export companies to stop inspecting cargoes for bootlegged biotechnology at the behest of U.S. seed company Monsanto, the latest move in a long conflict between the country’s farmers and Monsanto. Growers in Argentina, the world’s top exporter of soymeal livestock feed, have signed […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy feel slight technical pressure

By GFM Network News April 15, 2015

CNS Canada — Chicago Board of Trade corn and soybean markets trended slightly lower during the week ended Wednesday, but weather concerns for both grains helped keep the bottom from falling out. “We’re a little dry out in the west here and we’re probably too moist, east and southeast,” said Brian Rydlund, a market analyst […] Read more

Corn, Crops, Soybeans

Neonic rules ‘unworkable’ for Ont. corn, soy growers

By Grainews Staff, GFM Network News April 9, 2015

Ontario’s planned regulation to limit the use of neonicotinoid seed treatments might as well be a ban from where the organization sits representing the province’s corn and soy producers. After reviewing the draft regulation, which provincial officials posted March 23 for public comment until May 7, Grain Farmers of Ontario said Thursday it “strongly opposes […] Read more

Soybeans, Wheat & Chaff

Who’s representing your soybeans?

By Leeann Minogue April 9, 2015

“It is a truth universally acknowledged, that a single man in possession of a good fortune, must be in want of a wife.” This opening line of Jane Austen’s 1813 novel, Pride and Prejudice is still relevant today if we replace “single man” with “up-and-coming crop,” and “wife” with “industry association.” As soybean acreage grows, […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy watching weather for direction

By GFM Network News April 8, 2015

CNS Canada –– Chicago Board of Trade corn and soybean markets moved lower during the week ended Wednesday, but stayed within their recent trading ranges. “We haven’t broken down out of a range yet, or broke to the upside,” said Scott Capinegro, president of Barrington Commodity Brokers in Barrington, Ill. “We are just flat and […] Read more

Pulse Weekly: Exports down month-to-month

U.S. livestock: Cattle futures surge, hogs up

U.S. grains: Wheat, corn sink to contract lows as large supply weighs

GFM Network News