Jeff Harrison has been elected as chair of the board of directors for the Grain Farmers of Ontario. Harrison is the director for District 12 (Durham, Northumberland, Kawartha, Peterborough, Hastings) […] Read more
Soybeans
Jeff Harrison elected to chair GFO board
U.S. grains: Corn, soy futures set new three-year lows as US forecasts hefty supplies
U.S. soybean crushings dropped more than expected from a record high
U.S. forecasts for increasing crop inventories on Thursday drove corn and soybean futures to their lowest prices in more than three years as traders remained worried about strength of demand.
Phytophthora root rot still a concern
It’s been eclipsed, but it’s still a challenge to growers in Ontario
Phytophthora root rot was major concern to growers in the province 25 to 30 years ago, when Roundup Ready soybeans were just emerging on the marketplace, Bt corn was in […] Read more
‘Unprecedented’ growth possible for canola demand
Renewable fuels could propel canola demand into the stratosphere: speaker
The biofuels industry could drive canola demand into unheard of territory in the coming decade, according to one industry expert.
U.S. grains: Soy and corn set three-year lows on fund selling, supply outlook
Markets down about 10 per cent this year, traded on lowest levels since late 2020
Soybean and corn futures fell to three-year lows at the Chicago Board of Trade on Wednesday under pressure from fund selling and expectations for increased U.S. supplies, analysts said.
ICE canola weekly outlook: Market in search of demand
Farmers holding large amounts of unpriced canola waiting for future to move upward, analyst says
A modest attempt at correcting higher was met by stiff resistance in the ICE Futures canola market, with a general downtrend still intact as the futures work to uncover some demand.
CBOT weekly outlook: Bearish picture for commodities
Prices may not go much lower given the commodities have hit contract lows, says analyst
Ahead of the United States Department of Agriculture Outlook Forum, analyst Bryan Strommen of Progressive Ag in Fargo, N.D. painted a rather bearish picture for the commodity markets. However, he noted that prices might not go much lower given the commodities have hit contract lows.
Soybean acres may soon stabilize in Manitoba
Volatile yields, acres and weather have kept soy on a roller-coaster since 2017
There's an emerging consensus in Manitoba that soybean acres in the province could soon stabilize at around 1.5 to 1.9 million.
Carbon exemption amendments costly to farmers: PBO
Financial analysis finds carbon tax relief will be significantly lower after changes
Glacier FarmMedia – Amendments to Bill C-234 will cost Canadian farmers nearly $90 million a year, according to a report by the Parliamentary Budget Officer (PBO) released February 13. The […] Read more
U.S. grains: Soybeans and corn continue to be pressured by global supplies
Wheat futures weighed by falling Russian prices
Chicago Board of Trade (CBOT) corn futures firmed slightly on Tuesday on technical trading, but still hovered near three-year lows as ample global supplies, improving South American crop prospects, and intense export competition weighed over the market.