soybeans Archives - Page 34 of 84

CBOT weekly outlook: Fears over soy scarcity now gone

By GFM Network News June 22, 2022

MarketsFarm – Soyoil prices at the Chicago Board of Trade (CBOT) have been tumbling of late largely due to the markets no longer being afraid of already tight global supplies becoming scarcer, according to Sean Lusk of Walsh Commercial Hedging Services in Chicago, Ill. Lush explained that the South American soybean crop wasn’t as bountiful […] Read more

One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

Crops, Markets

Global production declines expected for wheat, corn

IGC expects world soybean output to increase

By GFM Network News May 20, 2022

MarketsFarm — In its May supply and demand report, the International Grain Council (IGC) has forecast lower global production of wheat and corn in 2022-23, while soybeans are expected to rise. The IGC, in its latest report Thursday, lowered its call on total world grain production to 2.251 billion tonnes. That’s down by a little […] Read more

File photo of flooded cropland in the RM of St. Andrews, north of Winnipeg. (Manitoba Co-operator photo)

Crops, Pulses, Soybeans, Weather

Pulse weekly outlook: Wet weather delays southern Manitoba seeding

Soybeans could take yield hit if planted in June

By GFM Network News May 3, 2022

MarketsFarm — Another blast of heavy precipitation across southern Manitoba, the third in as many weeks, has already delayed seeding for pulses, according to a production specialist. Laura Schmidt, a production specialist for Manitoba Pulse and Soybean Growers, said the 40 to 50 millimetres of rain across the region on April 29-30 all but guaranteed […] Read more

Grain is loaded onto ships for export at a port on the Parana River near Rosario, Argentina on Jan. 31, 2017. (File photo: Reuters/Marcos Brindicci)

Crops, Markets, Reuters

Argentina trucker strike talks fail, threatening grain exports

By GFM Network News April 14, 2022

Buenos Aires | Reuters — Argentine grain-truck drivers, industry groups and government officials failed to make a breakthrough in talks on Wednesday to end a strike, raising a threat to corn and soy exports during the key harvest season. Truckers who haul grains have been on strike since Monday, which has brought to a near […] Read more

File photo of a cornfield in Argentina. (Reisegraf/iStock/Getty Images)

Crops, Markets, Reuters

Argentine grain truckers strike, threatening exports amid harvest

By GFM Network News April 12, 2022

Buenos Aires | Reuters — Truckers in Argentina began an open-ended strike on Monday to demand higher rates for transporting grain and livestock, an action that could hit grain exports during a key part of the harvest. Argentina, the world’s leading exporter of soy derivatives and second-largest corn exporter, recently started harvesting both grains, which […] Read more

Crops, Markets

Soybeans to gain, corn to lose U.S. acres, USDA report predicts

By GFM Network News March 31, 2022

MarketsFarm — More soybean acres are projected to be seeded in the United States this year, while fewer corn acres will be planted according to a report that has surprised analysts. The U.S. Department of Agriculture (USDA) released its survey-based Prospective Plantings report on Thursday and the projected acreage numbers for two of the country’s […] Read more

Crops, Markets, Pulses, Weather

Pulse weekly outlook: Manitoba growers hope timely rains follow snows

High N prices may favour pulse acres

By GFM Network News March 9, 2022

MarketsFarm — As March 1 marked the start of meteorological spring, it feels like anything but that in southern Manitoba. One of the snowiest and coldest winters in years has been a mixed blessing for pulse growers, providing much-needed moisture for fields while also raising flood fears in some areas. Dennis Lange, a pulse specialist […] Read more

Corn, Crops, Markets, Reuters, Soybeans

With fertilizer costs high and seed scarce, U.S. farmers turn to soy

'These prices are just crazy'

By Julie Ingwersen, Mark Weinraub, GFM Network News February 23, 2022

Chicago | Reuters — North Dakota farmer Jennifer Meyer typically devotes at least 20 per cent of her 2,500-acre farm to corn, which provides a convenient feed for the cattle she raises with her husband. But this year she is looking to find another crop for those 500 acres near Wilton as she has been […] Read more

Crops, Markets, Weather

World soybean output, stocks estimates chopped

By GFM Network News February 18, 2022

MarketsFarm — Downward revisions to soybean numbers stand out the most in February’s grain market report from the International Grains Council (IGC). Otherwise, the monthly estimates have minor alterations. The IGC cut its forecast on 2021-22 global soybean production by four per cent from its January report, bringing its projection to 353.1 million tonnes. The […] Read more

ICE March 2022 canola (candlesticks, right column) with November 2022 canola (yellow line, left column). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Rangebound canola market consolidating

By Phil Franz-Warkentin, GFM Network News February 17, 2022

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday before uncovering some support, as the commodity remained stuck in a range after trending higher for most of the past year. “Canola is caught in a rangebound, consolidation phase,” said MarketsFarm Pro analyst Mike Jubinville. The relative stability in canola, he said, […] Read more

Daily Network News

Iran says Strait of Hormuz open as Trump sees deal ‘soon’ to end war

Agriculture groups welcome seed, fertilizer approval bill

AAFC projects tighter canola stocks for 2026-27

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