The effects of a wet July are appearing in soybean fields across parts of southern Ontario, and although plants appear to be yellowing, it’s too early to assess the impact. Anecdotal reports of one, one-and-a-half, two and four inches of rain in separate events have had a visible effect on many growers’ fields, particularly in […] Read more
Tag Archives Soybeans — page 27
Weather conditions leave soybeans with wet feet
Damp areas may look worse than they are and there’s little response from adding more nutrients
ICE weekly outlook: Canola prices ‘cheap’ but rangebound
Trade also watching U.S. soy complex
MarketsFarm — ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, in choppy activity as traders wait to get a clearer picture on the size of this year’s crop. “Overall, canola is relatively cheap,” said Ken Ball of PI Financial in Winnipeg. He pointed to wide crush margins — over $200 per […] Read more
Pulse weekly outlook: Average yields expected for Manitoba crops
Beans, soy may still benefit if rain comes
MarketsFarm — Pulse crops in Manitoba fared well against the elements which included sporadic rainfall and normal to below-normal temperatures for much of the past month. Provincial pulse specialist Dennis Lange in Altona said field peas should begin harvesting operations next week. “As far as pea acres go, we’re looking at about 145,000 acres. That’s […] Read more
Timely rain and heat boost Ontario crop estimates
Declining U.S. crop quality could mean opportunities for Ontario growers in 2024
From June 22 through July 21, the Ontario growing region received 150 to 200 per cent of normal precipitation. Certain regions north of Windsor and north of Toronto received more than 200 per cent of normal rainfall. During the same 30-day period, temperatures were 2-3 degrees C cooler than normal west and south of Toronto. […] Read more
USDA June soybean crush seen at 175.5 million bushels
If estimate realized, would be smallest monthly crush since September
Chicago | Reuters – U.S. soy processors likely crushed 5.265 million short tons of soybeans, or 175.5 million bushels, in June, according to the average forecast of eight analysts surveyed by Reuters ahead of a monthly U.S. Department of Agriculture (USDA) report. If the estimate is realized, it would be down from the 189.3 million […] Read more
What does wildfire smoke do to crops?
No clear evidence, and it depends on when smoke occurs
An early summer marked by frequent waves of wildfire smoke in Ontario may have negative impacts on crops in affected areas. Air quality statements were issued in June for every jurisdiction in Ontario, and many regions saw the air quality health index reach the maximum value of 10. The main concern at the farm level, […] Read more
CBOT weekly update: U.S. Fed decision one of many factors
Russia’s withdrawal from Black Sea Grain Initiative, attacks on Ukrainian ports have caused erratic price movement
Marketsfarm – The decision by the United States Federal Reserve on July 26 to raise its key interest rates mostly served as a distraction on the Chicago Board of Trade (CBOT) from other events affecting grain futures. The central bank continued its efforts to wrangle inflation by pushing interest rates up 25 basis points to […] Read more
Enlist system options for soybeans, corn continue to evolve
Entering third phase for commercialization of three-trait system
As it anticipates a significant increase in the soybean seed market share for its Enlist-branded herbicide-resistant varieties, Corteva Agrisciences hosted dozens of Pioneer and Brevant sales representatives for a research station plot tour on July 5 near Tavistock. The company’s top Canadian sales and research and development staff sat down with members of the farm […] Read more
Trade surprised by June USDA acreage survey
Soybeans down, corn up from March report
As of July 8, the Ontario growing region has received average to above average precipitation while temperatures were one to three degrees below normal. Ontario corn, soybean and winter wheat crops have been developing under favourable conditions as the weather has been cooler and wetter than normal. Quick lookSoybeans: Strong competition from Brazil has reduced […] Read more
Boosting soil health with cover-crop combination of soybean and rye
Brigden farm sees benefits to planting winter cover into standing crop of beans
A Brigden-area farmer’s field-to-field comparison during this year’s dry conditions for soybean planting supports the long-term benefit of no-till and cover crop strategies. Aubrey Lang spoke about his family’s soybean-soybean-soybean-wheat rotation, with a rye cover crop almost yearly, during a grower open house hosted by Petrolia-based Field Farms Marketing on June 22. Lang’s late grandfather […] Read more
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