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Tag Archives soybeans

Crops, Markets, Reuters, Weather

StatsCan survey shows bump up in wheat acres, particularly durum

Farmers back off canola, soybeans; pandemic expected to cause other problems for ag

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Ottawa | Reuters — Canadian farmers planted slightly more wheat overall in 2020 than in 2019, but the coronavirus outbreak will pose “unique challenges” in the production and distribution of crops, Statistics Canada said on Monday. Farmers planted 25 million acres of wheat, up 1.5 per cent from 2019, thanks in part to a 16.2 […] Read more
Crops, Reuters, Soybeans

Court blocks sales of dicamba in U.S.

Bayer says it's seeking new EPA registration for 2021

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Updated — Reuters — A U.S. appeals court has blocked Bayer from selling an agricultural weed killer in the United States, the latest setback for a business already fighting an expensive legal battle over another product. A three-judge panel of the Ninth U.S. Circuit Court of Appeals ruled the U.S. Environmental Protection Agency (EPA) substantially […] Read more
General, Markets, Reuters

China tells state firms to halt purchases of major U.S. farm products

Purchases of soybeans, pork, corn, cotton on hold

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Beijing/Singapore | Reuters –– China has told state-owned firms to halt purchases of soybeans and pork from the United States, two people familiar with the matter said, after Washington said it would eliminate special treatment for Hong Kong to punish Beijing. Large-volume state purchases of U.S. corn and cotton have also been put on hold, […] Read more
Crops, Markets

U.S. corn production expected way up in USDA’s May WASDE

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MarketsFarm — There will be sharp increases in the United States’ 2020-21 corn production — and especially in ending stocks, according to the latest monthly supply and demand report from the U.S. Department of Agriculture (USDA). The department issued its latest world agricultural supply and demand estimates (WASDE) on Tuesday. U.S. soybean planted acres and […] Read more
Canola, Crops, Markets

ICE weekly outlook: Demand keeps canola well supported

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MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, holding above major support as end-users showed solid demand. “The demand side of the formula is still quite good,” said Errol Anderson, of Pro Market Communications in Calgary. Domestic crushers were showing the best demand, he said, but added that exporters were […] Read more
Canola, Crops, Markets, Soybeans

February’s oilseed crush lower than January’s

Canola, soybean crush down on month, StatsCan reports

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MarketsFarm — As has often been the case, February 2020’s oilseed crush was lower than January’s, according to Statistics Canada’s latest report released Thursday. More than 812,600 tonnes of canola were crushed in February, down 4.9 per cent from January. Also, there were 144,260 tonnes of soybeans crushed in February, for a drop of 10.7 […] Read more
Crops, Markets, Reuters

USDA raises corn, soy, wheat supply outlook

Ending stocks expected up on slowing export demand

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Chicago | Reuters — The U.S. Agriculture Department raised its outlook for domestic supplies of corn on Thursday on expectations for reduced usage by ethanol producers, as demand for the alternative fuel has been cratering due to the spread of the COVID-19 coronavirus. The government also bumped up its wheat and soybean ending stocks view […] Read more

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