Chicago Board of Trade soybean futures firmed on Monday on bargain buying and a weaker U.S. dollar, but remained near multi-year lows as nearby contracts struggled to shake off technical resistance, traders said.
Soybeans
U.S. grains: Bargain buying supports CBOT soybeans and corn after 3-year lows
Market keeps eye on South American weather
The ripple effects from China’s declaration of self-sufficiency
The country’s decision to limit soybeans in feed rations could be challenging
China has long relied on imported food and feed ingredients for its livestock herds and poultry flocks, but there are signs that could change. A Jan. 3 Feed & Grain […] Read more
U.S. grains: Soybeans, corn stuck near 3-year lows on abundant supplies
Wheat futures higher on bargain buying, short covering
U.S. corn and soybean futures hovered near three-year lows on Friday as South American crop weather improved and forecasts called for plentiful supplies, but losses were limited by short covering ahead of the weekend.
U.S. dicamba ruling won’t touch Canada: Bayer
Thousands of American farmers who have already bought the herbicide now in a bind after court bans over-the-top use
An Arizona court decision that essentially prohibits American farmers from using dicamba for over-the-top spraying on soybeans and cotton will not stop Canadian growers from using the herbicide this year, says Bayer Crop Science Canada.
U.S. court cancels dicamba approval
Glacier FarmMedia- (CHICAGO Reuters)- A U.S. court has nullified the government’s latest approvals of certain agricultural herbicides sold by Bayer, BASF and Syngenta, fueling uncertainty among farmers who spray the […] Read more
U.S. grains: Soybeans turn higher, grains lower, on raft of government data
Falling Russian prices weigh over wheat futures; U.S. poised to regain title of top corn exporter
Chicago Board of Trade soybean futures ended the day higher on Thursday on a flurry of late-session buying, as the market struggled to gain clarity on the size of the Brazilian crop, traders said.
USDA raises U.S. carryout, tightens Brazilian production
World wheat carryout estimate downgraded, but well above previous year
Projected ending stocks of soybeans, corn and wheat in the United States were raised slightly higher in the latest supply/demand estimates from the United States Department of Agriculture, while production estimates for Brazil were revised lower.
Less Canadian wheat, more canola on hand to end 2023: StatCan
Some had anticipated even larger on-farm canola stocks, given slower export pace
Canadian wheat stocks at the end of 2023 were considerably tighter compared to the previous year, with oats, corn and pulse crops also seeing supply reductions, according to the latest stocks report from Statistics Canada, released Feb. 8, 2024. However, canola, barley and soybean stocks as of Dec. 31, 2023, were higher compared to the previous year.
El Nino waning, La Nina to develop in second half of 2024
La Nina likely to affect production of wheat, corn in US, soybeans, corn in Latin America, analyst says
The La Nina weather pattern could emerge in the second half of 2024, quickly after El Nino transitions into ENSO-neutral conditions in the middle of this year, a U.S. government weather forecaster said on Thursday.
Waterhemp is the new “oh-no” weed
Ontario biotypes are resistant to up to five different herbicide groups
It’s no longer a matter of ‘if’ waterhemp comes to your farm, it’s ‘when.’ Those were the words of Richard Anderson, a business representative with BASF, speaking last month at […] Read more