Chinese demand for Canadian soybeans has been non-existent.

Canadian dollar cushioning soy, corn prices

Oilseed crush has favoured canola over soybeans in Canada

Reading Time: 5 minutes Ontario wheat, corn and soybean prices are relatively unchanged, compared to two weeks ago. It’s that time of year where the grain and oilseed markets are focused on demand and South American growing conditions. Quick look Soybeans: Global soybean futures functioning to encourage demand. Corn: Local markets are encouraging corn imports. Wheat: Risk premium in […] Read more

Ontario weather was good for corn pollination.

Cool weather persists and will affect Ontario crop yields

Tours of the U.S. Midwest are finding lower yields than predicted by USDA

Reading Time: 6 minutes Temperatures in Ontario have been two to three degrees Celsius below normal over the past 30 days. Precipitation has been quite variable with the bulk of the central and northern regions receiving 40 per cent to 80 per cent of normal rainfall. Quick look Soybeans: The Ontario soybean crop is expected to have lower protein […] Read more

At this stage of the season, we’re rating the Ontario crop 38 per cent good to excellent, 40 per cent fair and 22 per cent poor to very poor.

All eyes on today’s USDA supply and demand report

An updated acreage survey will shed new light on how many acres did not get planted

Reading Time: 5 minutes Precipitation has been quite variable across the Ontario cropping region throughout the month of July. Western counties received average precipitation but a large portion of the central and northern counties have received less than 40 per cent of normal precipitation. Eastern counties have received average to slightly below-average rainfall. Early yield estimates for Ontario corn […] Read more

Ontario wheat harvest should be underway in late July.

Tight Ontario crop supplies to keep local demand strong

Low corn stocks and fewer wheat acres with quality concerns should support local prices

Reading Time: 6 minutes Corn and soybean markets continue to digest growing conditions on both sides of the border. Ontario received 40 per cent to 60 per cent of normal precipitation from June 15 through July 14. Crop conditions have improved after a very wet spring, therefore, most producers are projecting average type yields. Our contacts in Ontario believe […] Read more

Brazilian soybean harvest is currently ahead of last year’s pace.

Canada in China’s soybean market penalty box

Ontario corn exports continue to be strong, likely meaning tight supplies in the province

Reading Time: 5 minutes Over the past two weeks, Ontario corn and soybean prices have dropped 15 to 20 cents per bushel for both old and new crop positions. Soft and hard red winter wheat prices are down 35 to 50 cents per bushel. Grain and oilseed futures are functioning to encourage demand through lower prices. Wheat futures are […] Read more

Corn carryover in Ontario is down because of strong export sales.

USDA report sends downward market signals for corn, soybeans

With no movement on the China-U.S. trade dispute, volatility will remain in the markets

Reading Time: 5 minutes The World Agricultural Supply and Demand Estimates issued by the United States Department of Agriculture Feb. 8 was considered bearish for soybean and corn markets. U.S. winter wheat acreage came in below expectations on the USDA acreage survey. South American corn and soybean crops are developing under favourable conditions. Compared to late January, Ontario old […] Read more

Most soybeans are harvested in Ontario, although some remain in the field.

Soybean, corn harvests finally near completion

Trade disruptions will continue to reverberate through the world into next year

Reading Time: 5 minutes Over the past couple weeks, limited harvest progress has occurred in Ontario due to adverse weather. Soybean harvest progress was estimated at 93 per cent complete as of Dec. 1; farmers had about 75 per cent of the corn crop in storage. Farmers have been active sellers of corn and soybeans, which has tempered the […] Read more

Corn has sat in Ontario fields during regular November rains.

Weather makes for different corn harvest conditions in Ontario and the U.S.

American farmers are close to finished corn harvest, compared to Ontario farmers waiting for clearer weather

Reading Time: 5 minutes Adverse rains have hindered harvest progress across Ontario. Farmers have harvested approximately 75 per cent of the soybeans and 25 per cent of the corn. Yield reports are slightly higher than expected and total production will likely finish above the recent Statistics Canada estimates. Vomitoxin appears to be quite prevalent on the early corn samples […] Read more

The U.S. government has implemented policies supportive of corn, but not of soybean prices.

China-U.S. trade dispute likely to drag on, affecting price

U.S. ethanol policy change could increase demand by two billion bushels

Reading Time: 5 minutes Ontario farmers have harvested 60 per cent of the soybeans and 25 per cent of the corn as of Oct. 21. American farmers have combined 49 per cent of the corn and 53 per cent of the soybeans. The seven- to 10-day forecast calls for seasonal temperatures with limited precipitation, which should allow producers to […] Read more

A barge loads on the Mississippi River. American soybeans aren’t moving to China, even though they are price competitive with Brazil.

China soybean imports set for biggest drop in 12 years amid tariff conflict

China is not expected to face a shortfall in supplies because of abundant domestic reserves

Reading Time: 2 minutes Reuters – China’s soybean imports are set to drop by a quarter in the last three months of 2018, their biggest fall in at least 12 years as buyers curb purchases amid the China-U.S. trade war and high domestic stockpiles. Soybeans have been at the heart of the tit-for-tat trade dispute between the world’s top […] Read more