A modest attempt at correcting higher was met by stiff resistance in the ICE Futures canola market, with a general downtrend still intact as the futures work to uncover some demand.
Tag Archives soybeans
ICE canola weekly outlook: Market in search of demand
Farmers holding large amounts of unpriced canola waiting for future to move upward, analyst says
CBOT weekly outlook: Bearish picture for commodities
Prices may not go much lower given the commodities have hit contract lows, says analyst
Ahead of the United States Department of Agriculture Outlook Forum, analyst Bryan Strommen of Progressive Ag in Fargo, N.D. painted a rather bearish picture for the commodity markets. However, he noted that prices might not go much lower given the commodities have hit contract lows.
Soybean acres may soon stabilize in Manitoba
Volatile yields, acres and weather have kept soy on a roller-coaster since 2017
There's an emerging consensus in Manitoba that soybean acres in the province could soon stabilize at around 1.5 to 1.9 million.
U.S. dicamba ruling won’t touch Canada: Bayer
Thousands of American farmers who have already bought the herbicide now in a bind after court bans over-the-top use
An Arizona court decision that essentially prohibits American farmers from using dicamba for over-the-top spraying on soybeans and cotton will not stop Canadian growers from using the herbicide this year, says Bayer Crop Science Canada.
Planting just one soybean variety is a ‘mistake’
Growers should try at least three, an Ontario soy expert says
Horst Bohner is convinced — completely so — that farmers should plant more than one variety of soybeans. If they don’t, they are making a “mistake,” he says. “As a basic starting point, I think every grower should seed at least three varieties. Every year. As a minimum. Hopefully more than that,” says Bohner, the […] Read more
Breeding picks up its pace
Thirteen years of testing, selecting and production now done in five
The pace of plant breeding has quickened by leaps and bounds, from selective breeding to the use of transgenics. Yet the process of breeding seeds with desired traits, rechecking for trait and yield performance and increasing those numbers for commercial availability takes more than 10 years. Or does it? With the use of continuous nursery […] Read more
Window now wider, but ideal timing to plant soy still same
Risks also remain if pushing luck with planting depth and rates
Glacier FarmMedia — Provincial pulse and soybean specialist Dennis Lange says the window for planting soybeans in Manitoba is getting wider. “In the past, one of our big concerns was planting soybeans too early,” he says. “That was our initial discussion a few years ago.” Soybeans are susceptible to frost, and historically, the risk of […] Read more
CBOT weekly outlook: Pointing towards more soybean acres in 2024/25
Southern U.S. cotton crop could cap soybean acres
As farmers in the United States get ready to plant their crops in 2024, there has been speculation of how much corn and soybeans they will plant.
China’s embrace of GMO crops gains momentum with new import, planting approvals
GMO corn, soybeans, cotton recently approved for domestic production in China
China on Thursday approved additional varieties of genetically modified soybeans and corn for import and production while expanding their planting areas nationwide, as part of a drive to improve food security and reduce imports.
ICE weekly outlook: Virtually no upside for canola
Forthcoming South American soybean harvest a bearish influence
With 2024 well underway, canola has very little reason to get excited, according to analyst Wayne Palmer of Exceed Grain in Winnipeg.
Cyber-Savvy Farmer
