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.
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Soybeans
CBOT weekly outlook: Pointing towards more soybean acres in 2024/25
Southern U.S. cotton crop could cap soybean acres
U.S. grains: Corn up 1.3 per cent on South America weather worries, softer dollar
Wheat futures ended up 2.4 per cent on technical buying and weakness in the dollar
Chicago Board of Trade corn futures rose 1.3 per cent on Wednesday as uncertainty about crop prospects in South America and a setback in the dollar triggered a round of short-covering and lifted the benchmark corn contract Cv1 from three-year lows set last week, traders said.
Only minor acreage shifts expected for most Canadian crops in 2024
Major pulse crop acres expected to rise; canola, wheat expected to dip slightly
Early planting estimates from Agriculture and Agri-Food Canada called for only minor adjustments to most major crops grown in the country in 2024, with reductions in wheat, canola and barley acres, and increases in oats and pulses.
U.S. grains: Soybeans rise in technical rebound; corn ends firm, wheat flat
Gains limited by sizable South American crops; doubts over Chinese demand hangs over market
U.S. soybean futures Sv1 rose for a second straight session on Tuesday on technical buying and short covering after notching multi-year lows last week, although lacklustre demand and improved crop weather in top exporter Brazil limited gains.
Accounting probe hits ADM as crop glut, lower margins point to tough 2024
ADM shares fell 24 per cent Monday as news of accounting issues broke
An investigation into accounting practices in Archer-Daniels-Midland's ADM.N Nutrition segment could not come at a worse time for the company as sinking crop prices look set to erode profit for its core grain trading and processing businesses this year.
U.S. grains: Soybeans rise, led by soyoil and crude oil; wheat up, corn choppy
Crude oil futures rose almost 2 per cent on supply disruptions, supporting soy
U.S. soybean futures climbed on Monday as soyoil futures jumped 2.7 per cent on short-covering and strength in crude oil, traders said.
Early signs point to increased crop production in 2024/25: AAFC
Rotation, moisture, expected prices, costs among main factors expected in seeding decisions
A return to trend yields should see an increase in production for most of the major crops grown in Canada in the upcoming 2024/25 (Aug/Jul) marketing year, according to the first outlook for the season from Agriculture and Agri-Food Canada released Jan. 22.
Finding the right fit for cover crops
Three Ontario producers make dedicated use of cover crops for different reasons and with different results
Farmers with years of experience growing cover crops have made the practice part of their regular cropping operations after finding ways to make it work. A panel of cover crop […] Read more
Geopolitics at play in world wheat markets
A smaller Australian crop and depleting Russian supplies could affect wheat prices in coming months
Ontario wheat, corn and soybean prices came under pressure in early January due to steady farmer selling and a stronger Canadian dollar. The freeze-up of the lake system tends to […] Read more
Record large short position grows in canola
CBOT net short position on soybeans more than doubled
The record large net short position in ICE Futures canola continued to rise in mid-January, as fund traders put on more bearish bets and liquidated long positions, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).