Chicago | Reuters –– Massive supplies of both U.S. corn and soybeans remained in storage bins around the country ahead of spring planting, U.S. Agriculture Department (USDA) data released on Friday showed. USDA also said that farmers planned to boost their corn plantings by 4.1 per cent but severe flooding in the U.S. Midwest may […] Read more
Tag Archives soybean
U.S. corn, soy stocks top forecasts
Pulse weekly outlook: Edible beans on move
MarketsFarm — Following a lengthy 2018 harvest, Manitoba’s edible bean farmers are optimistic about the 2019 growing season. According to an outlook report published in late December by Agriculture and Agri-Food Canada, pulse farmers are expected to plant approximately the same amount of acreage as seen in 2018. However, after strong yields in 2018, Manitoba […] Read more
Crop diversity declining worldwide
Science Notes: The number of different crops is increasing in North America but other regions are moving more toward monocultures
University of Toronto – A new University of Toronto study suggests that globally more of the same kinds of crops are being grown, and this presents major challenges for agricultural sustainability on a global scale. The study, by an international team of researchers led by University of Toronto assistant professor Adam Martin, used data from […] Read more
Wheat prices dropping as world supplies hit backlog
U.S. soy acres are down, but low prices aren’t driving a deep decline
Ontario corn and soybean prices are relatively unchanged from two weeks ago. However, winter wheat prices are down about 30 cents per bushel for old crop positions and 25 cents per bushel for new crop. Adverse logistical issues in the United States Gulf region have resulted in stronger wheat basis levels. While the wheat futures […] Read more
Soil management can boost soybean yield to full potential
A big data project in the U.S. has yielded precise information on soil zones and crop management decisions
Farmers in Ontario grow soybeans that yield about 50 bushels per acre. Sean Conley, Wisconsin’s state soybean extension specialist, says the yield potential is 120 bushels. The differences are about the same in the United States and Conley set out to use some large data sets to figure out why. The answer? Not every field, […] Read more
Chinese demand for Canadian soybeans goes quiet
Traders are connecting Canada’s arrest of a Huawei employee with the slower demand
Compared to two weeks ago, Ontario grain and oilseed prices are relatively unchanged for old crop delivery positions. However, new crop prices are unchanged to slightly lower. Seasonally, farmer selling tends to increase in January while export demand moves through a slower period. Argentina corn and soybean crops have experienced favourable weather; however, Brazilian soybean […] Read more
USDA predicts larger world grain/oilseed stocks
Global soybean, corn and wheat ending stocks for the 2018-19 marketing year were all larger than earlier expectations, according to the latest World Agriculture Supply and Demand Estimates (WASDE) report from the United States Department of Agriculture (USDA). In a report released last December, the USDA raised its global soybean ending stocks forecast for 2018-19 […] Read more
Editorial: Tiptoeing through trade barriers increasingly complex
An American court recently approved a $1.5 billion settlement paid for by Syngenta that will send money to hundreds of thousands of farmers and others in the grain system who sold corn with the Agrisure Viptera trait before it was approved to send to China. The resulting furor in 2013, resulted in an impact on […] Read more
Soybean stocks mean trade truce could result in little price movement
Likely further weakness in the Canadian dollar could mean export opportunities
Ontario soybean, corn and wheat yields were higher than expected on Statistics Canada’s November crop survey. Despite the larger-than-expected production, Ontario prices are slightly higher this month for all grains and oilseeds due to stronger export demand. Ontario exports of corn, soybeans and wheat continue to exceed year-ago levels as the Canadian dollar trades near […] Read more
China swine fever outbreak to curb its soybean imports
The disease along with high stockpiles are expected to curb Chinese soy imports
Singapore|Beijing|Reuters – China’s imports of soybeans are set to drop as an outbreak of African swine fever hits its huge pig herd and saps demand for the animal feed ingredient, making it easier for buyers to keep shunning U.S. cargoes amid the Sino-U.S. trade war. African swine fever, deadly to pigs but not harmful to […] Read more
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