A cargo ship is loaded with Brazilian soybeans bound for China. (Photo: Reuters/Paulo Whitaker)

Brazil to become top soybean producer, USDA says

MarketsFarm — Brazil is set to pass the United States as the world’s top producer of soybeans during the 2019-20 marketing year, according to a report from the U.S. Department of Agriculture (USDA). As soybean production in both countries has risen dramatically over the last 10 years, the U.S. continued to lead the world in […] Read more


Emergence in an Ontario soybean field. (File photo by John Greig)

Uncertainty could bring changes to soybean acres

MarketsFarm — At this time soybean acres in Canada have been projected to be down this year for a few reasons — not only because of trade issues with China, but also due to back-to-back dry years and declining prices. Statistics Canada’s 2019-20 principal field crop acreage report, released April 24, estimated 5.65 million acres […] Read more

Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)

Manitoba soybean acreage predictions mixed

CNS Canada — While some in the soybean sector think Statistics Canada is right about its predictions for a decline in Manitoba acres, others think plantings should still end up close to the record in 2017. Statistics Canada is predicting soybean acres in Manitoba to drop to 1.96 million from 2.29 million, according to its […] Read more




(USDA.gov via Flickr)

U.S. corn, soy acreage to expand in 2018-19, USDA says

Chicago | Reuters — U.S. farmers are likely to expand plantings of both corn and soybeans while reducing wheat seedings for the upcoming marketing year, the U.S. Agriculture Department said on Tuesday. The USDA’s Office of the Chief Economist forecast that farmers will seed 91 million acres of corn in the 2018-19 crop year, up […] Read more

(Photo courtesy United Soybean Board)

Soybeans elbow their way to top of Prairie market

CNS Canada — As soybeans rise in acreage across Western Canada, many are wondering which crop will bear the brunt of their sudden expansion. “Guys are trying to figure out — is it squeezing out canola or peas?” said Dan Mazier, president of Keystone Agricultural Producers. “It’s one of those products.” Flax has also taken […] Read more


(BiodieselofLasVegas.com)

Corn/soy price ratio favours soybean acres, analyst says

Chatham, Ont. — Most underpinnings for higher corn, soybean and wheat prices appear to have fallen away — leaving biodiesel the only area that could drive higher prices. A growth mandate for U.S. ethanol production ends in 2017, and oil prices continue to stagnate well below the highs of a few years ago, according to […] Read more

(Scott Bauer photo courtesy ARS/USDA)

Manitoba soybean acres seen rising on record yields

CNS Canada –– Soybean acreage looks set to increase next year in Manitoba due to good yields and prices. The expansion comes despite the fact the province is overdue for a killing frost and U.S. acreage is set to grow. “This year we had just over 1.6 million acres planted. Early projections call for two […] Read more