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

(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)

Market analysts watch for surging soybeans to peak

CNS Canada — As soybeans climb the charts and help float other commodities such as canola, one market watcher says the prime selling opportunity for farmers could pass soon, as bearish factors come into play. The president of Calgary-based ProMarket Communications, Errol Anderson, said large funds are the main force that has lifted Chicago soybeans […] Read more



(Scott Bauer photo courtesy ARS/USDA)

Manitoba soybean acreage looks to inch upward

CNS Canada — U.S. farmers may be seeding fewer soybean acres this spring but expectations for the crop remain relatively steady north of the border, according to Francois Labelle, executive director of Manitoba Pulse and Soybean Growers. “Our first indications are that acreage will be the same as last year to up a little bit,” […] Read more

(Dave Bedard photo)

U.S. grain prices soar as floods shut waterways, threaten crops

Chicago | Reuters — U.S. grain farmers scrambled to find shelter for their crops and handlers hunted for alternative transportation routes, as widespread floods shut waterways from Illinois to Missouri and spurred a surge in physical prices of corn and soybeans. The sudden jump in prices could complicate a months-long stand-off between farmers who are […] Read more