soybeans Archives - Page 33 of 82

A drought-hit cornfield at Nao-Me-Toque in Brazil’s Rio Grande do Sul state on Jan. 9, 2022. (Photo: Reuters/Diego Vara)

CBOT weekly outlook: More adjustments expected after lacklustre USDA report

By Phil Franz-Warkentin, GFM Network News February 9, 2022

MarketsFarm — Updated supply/demand estimates from the U.S. Department of Agriculture on Wednesday included only minor revisions, with the lacklustre report doing little to move the market. While South American production numbers were revised lower, further downward revisions are likely in subsequent reports, according to a market analyst. “We were a little surprised the USDA […] Read more

Crops, Markets, Pulses, Weather

Pulse weekly outlook: Pulse stocks drop due to drought

By GFM Network News February 9, 2022

MarketsFarm — Statistics Canada’s latest report on stocks of principal field crops clearly demonstrated how much of an effect last summer’s historic drought in Western Canada had on pulse crops. According to the report released Tuesday, last December’s total domestic stocks for dry peas, chickpeas, lentils and soybeans all declined from the year earlier. Those […] Read more

Crops, Wheat & Chaff

How to make a sustainable crop protection plan

Q & A with an expert

By Jordan Peterson February 7, 2022

Q: How do I make a crop protection plan in the off-season? A: Developing a crop protection plan for the upcoming season in the late fall and over the winter can be a challenging process. Many in-season variables, both economic and agronomic, are difficult to account for in the off-season. However, with a season on […] Read more

ICE March 2022 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Choppy canola trade expected

Old-crop 'likely pushing the upper limits'

By Phil Franz-Warkentin, GFM Network News January 20, 2022

MarketsFarm — A speculative selloff weighed heavily on the ICE Futures canola market during the week ended Wednesday, before the selling subsided and prices regained much of their lost ground. “For prices this high, that’s pretty routine stuff,” said Ken Ball of PI Financial in Winnipeg on the $80 per tonne drop in the nearby […] Read more

ICE March 2022 canola (candlesticks) with 20-day moving average (yellow line) and November 2022 canola (green line, left column). (Barchart)

Canola, Crops, Markets, Weather

ICE weekly outlook: Despite declines, signs point to increases for canola

By GFM Network News January 13, 2022

MarketsFarm — Although old-crop canola was falling back midway through the week of Jan. 10, analyst David Derwin of PI Financial in Winnipeg said the oilseed should “grind higher” in weeks to come. “The fundamentals haven’t changed at all — they’re not going to get more canola out of the ground until the fall,” he […] Read more

ICE March 2022 canola (candlesticks) with Bollinger bands (20,2). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola strength shows no signs of fading

By Phil Franz-Warkentin, GFM Network News January 6, 2022

MarketsFarm — ICE Futures canola contracts started the new year on a firm footing, with little sign that the ongoing strength will end anytime soon. “Is canola expensive? Yes, but everything is expensive,” said analyst Mike Jubinville of MarketsFarm. While canola may look overpriced by some metrics, he noted the high prices were necessary to […] Read more

File photo of a soybean field in Argentina. (Federico Weyland/iStock/Getty Images)

Crops, Markets, Weather

CBOT weekly outlook: South American dryness main source of support

By GFM Network News January 6, 2022

MarketsFarm — After corn and the soy complex on the Chicago Board of Trade shot up on Tuesday following the fats and oils as well as the crushing reports from the U.S. Department of Agriculture (USDA), one trader said he isn’t expecting any surprises to come out of USDA’s supply and demand estimates or grain […] Read more

On the morning of Dec. 30, the nearby January canola contract apparently hit a new all-time high. Photo: File

Crops, Markets

Another volatile holiday week for grain markets

By GFM Network News December 31, 2021

MarketsFarm – As trading is most often volatile between Christmas and New Year’s, this week did not disappoint. Canola pretty much ran the gamut, swinging higher one day, falling back the next. During the overnight session that ended on the morning of Dec. 30, the nearby January contract apparently hit a new all-time high when […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Markets

CBOT weekly outlook: All quiet on the CBOT front

By GFM Network News December 29, 2021

MarketsFarm – The week between Christmas and New Year’s Day is typically a time for the markets to slow down, and at the Chicago Board of Trade (CBOT), that’s certainly the case. At approximately 10:50 a.m. CST, the volumes for both the highly-traded March corn and soybean contracts did not exceed 78,000, while a typical […] Read more

CGB’s soybean processing plant at Mt. Vernon, Ind. (CGB video screengrab)

Crops, Reuters, Soybeans

CGB, soy grower co-op to build North Dakota crushing plant

By GFM Network News December 23, 2021

Reuters — U.S. grain handler CGB Enterprises and farmer co-operative Minnesota Soybean Processors are building a soy processing plant in North Dakota, the second new crushing facility announced in the state this year. The plant — which will be built near Casselton, about 25 km west of Fargo — is expected to crush 42.5 million […] Read more

Daily Network News

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Canadian cattle herd sees first annual increase since 2018

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