soybeans Archives - Page 36 of 76

A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)

USDA raises corn, soy, wheat supply outlook

Ending stocks expected up on slowing export demand

By GFM Network News April 9, 2020

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

Crops, Markets

U.S. projects wheat acres at record lows, increases for soy, corn

Grain stocks as of March 1 down on year

By GFM Network News March 31, 2020

MarketsFarm — As with last year, total wheat acres in the United States are projected to remain at all-time lows, according to the U.S. Department of Agriculture (USDA). The department issued its prospective plantings estimates Tuesday. MarketsFarm director of markets and weather Bruce Burnett called USDA’s wheat and soybean estimates positive, while he said its […] Read more

General, Markets, Reuters

U.S. sees progress on China trade deal’s ag provisions

China makes first U.S. hard red wheat buy since 2017

By Reuters, GFM Network News March 24, 2020

Washington | Reuters — The U.S. and China have made progress in implementing the agriculture-related provisions of their Phase One trade deal that took effect on Feb. 14, the U.S. Department of Agriculture (USDA) and U.S. Trade Representative said on Tuesday. In a joint statement, they listed a number of steps taken that should help […] Read more

File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)

Crops, Markets, Reuters

Grain price slump attracts bargain-hunting by importers

By Reuters, GFM Network News March 17, 2020

Hamburg | Reuters — The collapse in grain prices caused by concern about the global impact of the COVID-19 coronavirus has generated some bargain-buying by importing countries, traders said on Tuesday. But they said the extent was still limited and there were no signs importers were making especially large purchases to expand stocks. “We are […] Read more

Pinto beans. (Vergani_Fotografia/iStock/Getty Images)

Crops, Markets, Pulses, Soybeans

Pulse weekly outlook: Bids underpin Manitoba edible bean area

Province's soybean acres expected to fall

By Phil Franz-Warkentin, GFM Network News March 11, 2020

MarketsFarm — Solid prices should keep Manitoba farmers growing edible beans in 2020, although soybean area will likely drop, according to a provincial specialist. Disappointing harvest weather in 2019 hurt yields and cut into harvested area for edible beans in both Manitoba and across the border in the United States. As a result, prices heading […] Read more

A gaucho drives a carriage through the pampas (lowland plains), a primary farming and ranching region of Argentina. (CIA.gov)

Crops, Markets, Reuters, Soybeans

Argentine farmers strike to protest export tax hike

By GFM Network News March 9, 2020

Buenos Aires | Reuters — Argentine farmers began a four-day sales strike on Monday to protest the government’s hike of export taxes for soybeans and their byproducts, though shipments were not impacted in the major global food exporter. Three of the South American country’s four main rural associations announced the strike last week in frustration […] Read more

Canola, Crops, Markets

Fund traders still bearish on canola

By Phil Franz-Warkentin, GFM Network News February 28, 2020

MarketsFarm — Fund traders remained heavily on the short side in canola futures during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 62,709 contracts (1,100 long/73,809 short), which […] Read more

ICE May 2020 canola with Bollinger (20,2) bands. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: New lows in, but canola stabilizing

By Phil Franz-Warkentin, GFM Network News February 27, 2020

MarketsFarm — The ICE Futures canola market dropped to fresh contract lows on Tuesday but managed to find some support to the downside and may stabilize for the time being amid oversold price sentiment. The May canola contract, which had started 2020 trading in the $490 area, touched a low of $455 per tonne on […] Read more

CBOT May 2020 soybeans with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans bounce on chance of Argentina export limits

Coronavirus fears remain anchor on commodities prices

By GFM Network News February 27, 2020

Chicago | Reuters — U.S. soybean futures on Wednesday extended a rebound from a sharp drop earlier this week as investors anticipated changes to Argentine export taxes that could reduce export competition from the major soy supplier. Corn and wheat futures eased on pressure from a firmer dollar, which creates headwinds for U.S. exports, and […] Read more

An image created by Nexu Science Communication, together with Trinity College in Dublin, shows a model structurally representative of a betacoronavirus, the type of virus linked to COVID-19. (Nexu Science Communication via Reuters)

Crops, Markets

CBOT weekly outlook: Coronavirus, other factors grip markets

By GFM Network News February 26, 2020

MarketsFarm — As fears of a worldwide pandemic of the COVID-19 coronavirus increase, markets, including the Chicago Board of Trade (CBOT), are seen to have been taking a beating. “The perception is, it’s going to get worse, that trade is going to struggle,” said Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill., analogizing […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

GFM Network News