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Soybeans


CBOT March 2024 soft red winter wheat with 20-day moving average, MGEX March 2024 hard red spring wheat (yellow high/low/close) and K.C. March 2024 hard red winter wheat (orange H/L/C). (Barchart)
Crops, Markets

U.S. grains: CBOT wheat futures hit contract lows

March corn falls 1.7 per cent, soybeans touch three-week low

By brendan-obrien November 28, 2023
Chicago | Reuters — Chicago grain and soybean futures tumbled on Monday after the Thanksgiving holiday weekend, pressured by slow demand and technical selling and as traders liquidated positions ahead […] Read more

CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans fall as rain benefits top supplier Brazil

Most-active K.C. wheat reaches July 2021 low

By Tom Polansek November 25, 2023
Chicago | Reuters — Chicago Board of Trade soybean futures tumbled on Friday under pressure from favourable rains in Brazil, the biggest global supplier, analysts said. The market has pulled […] Read more

U.S. corn has taken the dominant position in the world market.
Markets, Markets/Business

Delayed Ontario corn harvest lowers yield estimates

Condition of Brazilian corn crop watched for its effect on market prices

By Jerry Klassen November 24, 2023
The Ontario soybean harvest was about 85 per cent complete and corn progress stood at 70 per cent as of Nov. 14. Some areas had a significant amount of corn […] Read more

A soybean field north of St. Adolphe, Man. on Sept. 17, 2023. (Dave Bedard photo)
Crops, Markets

CBOT weekly outlook: The three main factors affecting soybeans

'Here at $13.60, we're 70 cents overpriced'

By Adam Peleshaty November 23, 2023
MarketsFarm — Soybean prices on the Chicago Board of Trade (CBOT) are being pulled by three main factors, according to a trader. Ryan Ettner from Allendale Inc. in McHenry, Ill. […] Read more

ICE January 2024 canola with 20- and 200-day moving averages and nine-day exponential moving average. (Barchart)
Crops, Markets

ICE weekly outlook: Purely technical canola market trending up

Activity expected thin until next week

By Phil Franz-Warkentin November 23, 2023
MarketsFarm — The ICE Futures canola market moved within a wide range during the week ended Wednesday, hitting some of its best levels in a month before running into resistance […] Read more


CBOT January 2024 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybeans tumble on downpours in drought-stricken Brazil

Wheat rises after Russian attack on Ukraine port; CBOT corn eases

By brendan-obrien, Reuters November 23, 2023
Chicago | Reuters — Chicago soybean futures lost more than one per cent on Wednesday as rain fell in Brazil, easing worries over the persistent dryness and heat that has […] Read more

CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Chicago soybeans rise on Brazil’s weather woes

Wheat up more than two per cent on Russian strike in Ukraine; corn finishes slightly higher

By brendan-obrien November 22, 2023
Chicago | Reuters — U.S. soybean futures ended higher on Tuesday as Brazil’s torrid, crop-threatening weather conditions remained a prime worry for the market, despite rains over the last couple […] Read more

CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: CBOT soybeans jump after insufficient Brazil rains

Wheat down more than one per cent

By brendan-obrien, Reuters November 20, 2023
Chicago | Reuters — Chicago soybean futures rose two per cent on Monday, supported by brutally hot weather in Brazil that is likely to continue to stress crops despite some […] Read more


(Dave Bedard photo)
Crops, Markets

Large speculative short position in canola dips slightly

Net long in CBOT soybeans increases

By Phil Franz-Warkentin November 20, 2023
MarketsFarm — The large managed money short position in canola futures dipped slightly during the week ended Nov. 14, as speculators bought back some of their bearish bets, according to […] Read more

Jim Rogers could unload his harvest directly into rail cars, thanks to the rail spur that was part of his land purchase in Kapuskasing.
Crops, News

The prospect of farming in the Great Clay Belt

It may be too daunting for some, but the potential is there

By Ralph Pearce November 20, 2023
It’s an area larger than the total acreage now farmed in Ontario, yet the prospect of clearing, tiling and bringing the 16 million acres of the Great Clay Belt to […] Read more

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