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Tag Archives soybean markets


Chinese demand for Canadian soybeans has been non-existent.
Markets, Markets/Business

Canadian dollar cushioning soy, corn prices

Oilseed crush has favoured canola over soybeans in Canada

By Jerry Klassen February 24, 2020
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 […] Read more

Ontario weather was good for corn pollination.
Markets, Markets/Business

Cool weather persists and will affect Ontario crop yields

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

By Jerry Klassen September 9, 2019
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 […] 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.
Markets, Markets/Business

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

By Jerry Klassen August 12, 2019
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 […] Read more

Ontario wheat harvest should be underway in late July.
Markets, Markets/Business

Tight Ontario crop supplies to keep local demand strong

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

By Jerry Klassen July 29, 2019
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 […] Read more

Brazilian soybean harvest is currently ahead of last year’s pace.
Markets, Markets/Business

Canada in China’s soybean market penalty box

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

By Jerry Klassen March 25, 2019
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 […] Read more


Corn carryover in Ontario is down because of strong export sales.
Markets, Markets/Business

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

By Jerry Klassen February 25, 2019
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 […] Read more

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

Soybean, corn harvests finally near completion

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

By Jerry Klassen December 18, 2018
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; […] Read more

Corn has sat in Ontario fields during regular November rains.
Business, Markets/Business

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

By Jerry Klassen November 19, 2018
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 […] Read more


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

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

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

By Jerry Klassen November 2, 2018
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 […] Read more

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

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

By Dominique Patton, Naveen Thukral October 29, 2018
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 […] Read more

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