MarketsFarm – Analysts are finding the United States Department of Agriculture’s (USDA) 2021-22 monthly crop estimates, which will be released on Aug. 12, to be very hard to predict. “It […] Read more
Soybeans
CBOT weekly outlook: USDA forecast depends on ‘a lot of moving parts’
Corteva launches Brazil biotech soy, tackles Bayer head-on
Sao Paulo | Reuters – Corteva Agriscience said on Aug. 9 it will start selling biotech soybean seeds in Brazil, as it seeks to bolster its presence in the world’s […] Read more
U.S. grains: Corn, soy retreat on U.S. rains, broad declines in commodities
Chicago | Reuters – U.S. corn and soybean futures declined on Monday, pressured by beneficial weekend rains in the Corn Belt and spillover weakness from outside commodity markets including crude […] Read more
Wheat yield is good, but only 50 per cent could make milling grade
A lot of Ontario wheat was flattened by rains and much of that sprouted
The Ontario growing region has received more than 150 per cent of normal precipitation over the past 30 days, while temperatures have been two to three degrees above average. The […] Read more
India to launch $1.48 bln plan to raise oilseed output, cut imports
New Delhi | Reuters – India will launch a 110 billion rupee ($1.48 billion) plan to boost domestic oilseed production to make the country self-sufficient in edible oil, Prime Minister […] Read more
U.S. grains: Soybeans climb on exports, end week lower
Chicago | Reuters – Chicago soybean futures gained on Friday after a second day of fresh export sales buoyed demand prospects, though forecasts for rain across the U.S. Midwest through […] Read more
U.S. grains: Corn, soy firm on demand strength
Chicago | Reuters – Chicago corn and soybeans climbed on Thursday on stronger export sales, though gains were capped by rainfall across parts of the U.S. Midwest. Wheat traded near […] Read more
ICE weekly outlook: Volatility expected in canola markets
MarketsFarm – The ICE Futures canola market saw some large price moves during the week ended Aug. 4, hitting their lowest levels in a month as investors booked profits before […] Read more
CBOT weekly outlook: Analysts await USDA crop estimates
MarketsFarm – Traders at the Chicago Board of Trade (CBOT) are positioning themselves ahead of the United States Department of Agriculture’s monthly crop estimates to be released on Aug. 12. […] Read more
U.S. grains: Soybeans gain on weather concern; global demand pressures corn, wheat
Chicago | Reuters – Corn and wheat futures slipped on Wednesday, tracking falls in outside energy markets as rising Delta-variant coronavirus cases raised worries that renewed restrictions could limit demand […] Read more
Cyber-Savvy Farmer
