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Soybeans


Open interest in the canola market was down by 14,880 contracts on the week.  Photo: File
Markets

Fund short position grows in canola

By Phil Franz-Warkentin June 10, 2024
Fund traders were back on the sell side of the canola market in early June, putting on fresh bearish bets and growing their net short position, according to the latest […] Read more

(Medioimages/Photodisc/Getty Images)
Markets

U.S. grains: Wheat marks biggest weekly loss in nearly a year as Turkey bans imports

By Heather Schlitz, Reuters June 7, 2024
Chicago wheat futures Wv1 fell for an eighth day on Friday for their lowest close in a month after Turkey said it would halt wheat imports in a blow to the global demand outlook.

A soybean field in 2018. Ontario on-farm soybean stocks are expected to drop to historical lows at the end of the 2023-24 crop year.
Markets, Markets/Business

Grain traders forecasting big U.S. soybean crop

World will contend with a sharp year-over-year increase in soybean production for 2024/25

By Jerry Klassen June 7, 2024
Ontario corn and soybean prices are at six-month highs. Farmers should sell the final 20 per cent increment of their 2023 corn and soybean production. Quick lookSoybeans: Traders are factoring […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets

U.S. grains: Corn and soy futures rise on new Brazilian tax rule

By Heather Schlitz, Reuters June 6, 2024
Chicago Board of Trade corn Cv1 and soybean Sv1 futures rose on Thursday as news of tighter rules on industry tax credits in Brazil made traders and producers hopeful that it could boost U.S. export business, traders said.

Figure 1 Group 14 herbicide (e.g. sulfentrazone – Authority) injury to an emerging cotyledon on the right, causing necrosis (browning). Risk of this injury increases when a soybean’s hypocotyl absorbs more herbicide due to either a heavy rainfall occurring as seen here.
Crops, News

Corn planting nears completion, first cut alfalfa begins

OMAFRA Field Crop Report for the week of June 6

By OMAFRA Field Crop Team June 6, 2024
Field Conditions Significant planting progress has been made in many areas across the province over the last two weeks. Some growers were able to wrap up their corn, soybean and […] Read more


(Medioimages/Photodisc/Getty Images)
Markets

CBOT Weekly: Selling, crop conditions drive price drops

By Adam Peleshaty - Marketsfarm June 5, 2024
Wheat prices led the way as the July Chicago contract fell 46 cents per bushel at US$4.46. The July Kansas City hard red wheat contract dropped 43.5 cents at US$6.7625/bu., while the July Minneapolis spring wheat contract lost 39.5 cents at US$7.1250/bu.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets

U.S. grains: Wheat falls as U.S. Plains harvest advances, Russia concerns ease

By Heather Schlitz, Reuters June 5, 2024
Chicago benchmark wheat Wv1 futures fell on Wednesday for the sixth day in a row, as progress in the U.S. winter harvest weighed on prices and concerns eased over the Russian crop, traders said.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets

U.S. grains: Corn, soy down as traders weigh weather and planting progress

By Heather Schlitz, Reuters June 4, 2024
Chicago Board of Trade corn and soy dipped in choppy trade on Tuesday as traders weighed U.S. planting progress and strong corn ratings with adverse weather in importer Mexico and downgrades to soybean harvest forecasts in major exporter Brazil.


Mark Tuttle digs through soil to find soybean sprouts at his soy farm in Somonauk, Illinois, U.S., May 30, 2024.  REUTERS/Jim Vondruska
News

US farmers opt for soy to limit losses as all crop prices slump

By Karl Plume, Reuters June 4, 2024
In March, the U.S. Department of Agriculture forecast farmers would plant 86.5 million acres of soybeans nationwide this spring, the fifth most ever. Some analysts expect soybean acres to increase by another million acres or more as heavy rains close the window on corn planting.

Photo: JJ Gouin/iStock/Getty Images Plus
Markets

U.S. grains: Corn and soy slip on positive crop progress outlook

By Heather Schlitz, Reuters June 3, 2024
Chicago Board of Trade corn and soybean futures fell on Monday on shaky demand, technical trading and expectations of strong seeding progress and crop condition for corn later in the day, traders said.

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