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Tag Archives soybean production — page 2

(USDA.gov via Flickr)
Crops, Markets

USDA raises corn harvest view

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Washington | Reuters — The U.S. Agriculture Department on Friday boosted its estimate of domestic corn production due to a record yield that stemmed from bumper harvests in major growing states such as Illinois as well as some of the smaller production areas. USDA also trimmed its view of soybean production, although the 2017 crop […] Read more
(Scott Bauer photo courtesy ARS/USDA)
Crops

Manitoba soybean acres seen rising on record yields

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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
A close-up of emerging corn seedlings north of London, Ont. on May 24, 2016. (Ralph Pearce photo)
Crops

StatsCan confirms drought impact on Ontario yield

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Statistics Canada has confirmed what most farmers in Ontario knew this past summer: Hot and droughty conditions drove production of corn and soybeans almost 10 per cent lower than 2015 levels. StatsCan’s harvest report, released this week, also showed the large wheat crop in Ontario was a record, with a 56 per cent increase in […] Read more
(Keith Weller photo courtesy ARS/USDA)
Crops, Markets

U.S. soybean production gains outpace rising demand

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Washington | Reuters — Record demand for soybeans has paled in comparison to the expected sharp gains in supply, which will leave U.S. farmers and commercial operators with a growing stockpile of the oilseed even as exports and crushings continue to rise. The U.S. Agriculture Department on Monday raised expected demand for U.S. soybeans during […] Read more
(Lisa Guenther photo)
Crops, Markets

USDA grains report catches speculators leaning wrong way

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Washington | Reuters — Grains market speculators who had built massive short positions in recent months were caught leaning the wrong way after the U.S. government cut its corn and soy harvest views, as well as its wheat planting estimate, in reports released on Tuesday. Although the overall fundamental picture remains bleak, the bearish bets […] Read more
(USDA.gov via Flickr)
Crops, Markets

USDA’s corn, stocks view misses forecasts; prices surge

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Washington | Reuters — U.S. corn and soybean supplies ballooned to record levels during the last three months of 2015 following bountiful harvests of both commodities and cutbacks in usage, according to government data released on Tuesday. But grain stocks lagged market forecasts, and corn and soybean production was smaller than previously estimated, the U.S. […] Read more

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