Chicago | Reuters — Bunge’s planned acquisition of Viterra would make the world’s biggest oilseed crusher even more dominant and secure a larger role in the expanding renewable diesel industry, although it may face competition hurdles. Under the deal to create an agricultural giant worth about $34 billion including debt, Bunge’s crushing capacity will increase […] Read more
Tag Archives Soybeans — page 29
Bunge deal for Viterra to boost oilseed dominance, renewable diesel potential
Canada's Competition Bureau pledges to review deal
New genetic horizons for food-grade soybeans
Future varieties will resist diseases like SCN and white mould
Soybean cyst nematode and white mould are two problematic diseases in many parts of Ontario, where most counties have confirmed infections. In eastern parts of the province and western Quebec, white mould is an almost perennial issue for growers and can appear in hot spots in southern regions as well. The two diseases can be […] Read more
New soy variety from Sevita targets Japan’s high-tech food-grade soybean market
Alinova is Canada’s first non-GM high-oleic soybean variety
A new high-oleic soybean variety has been released to help Canadian growers meet demand from high-tech food processors. The non-genetically modified variety, Alinova, is produced by Sevita Genetics and was recently approved by Health Canada and the Canadian Food Inspection Agency. The company says the variety is exceptionally high yielding, features soybean cyst nematode resistance, […] Read more
Fund short position grows in canola
Traders net long in soy, K.C. wheat
MarketsFarm — The speculative short position in canola grew to is largest level in nearly three months in early June, as investors covered longs and put on more bearish bets, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Tuesday (June 6), the net managed money […] Read more
Brazilian soy bounty weighs on prices
New crop corn prices could be bullish if U.S. yields dip in face of dry weather
Ontario received average to below average precipitation in May and temperatures were cooler than normal. Ontario farmers have finished planting and emergence of the row crop is 10-14 days behind normal. The forecast calls for below normal precipitation and above average temperatures for June. Farmer selling has dried up, given current crop conditions. There are […] Read more
Finding a way with organic no-till soybeans
Weed management remains the biggest challenge
Organic production is never an easy prospect, and trying to do it without tillage presents additional challenges. But for Aaron Bowman, it’s been possible with a different kind of planning, monitoring and adjusting to conditions during a growing season. Bowman, who farms east of Oshawa, raises beef cattle as part of a 350-acre operation, including […] Read more
Cereal crops parched, fears of spontaneous combustion in hay
OMAFRA Field Crop Report for the week of June 5
Field conditions across most of the province are drier than normal. This generally will have little effect on corn and soybeans since both are at the early vegetative growth stage. The impact on winter cereals could be significant since they are already out in head and at, or nearing, pollination. Forages There is an unusually […] Read more
CBOT weekly outlook: Ending stocks of corn, soy predicted to rise
Ending stocks of wheat projected to drop as drought hits Kansas winter wheat
MarketsFarm — Ahead of supply and demand estimates from the U.S. Department of Agriculture due out Friday, analyst Tom Lilja of Progressive Ag in Fargo, N.D. predicted increases in 2023-24 ending stocks for U.S. corn and soybeans and decline for wheat. The average trade guess for wheat going into this month’s report was approximately 570 […] Read more
Staying on-target: How seed tech and weed type factor into spraying
Herbicide resistance and seed technologies making spray decisions complex
Off-target movement of herbicides carries a risk to your own crops, your neighbour’s crop and your insurance premiums. Particularly with the arrival of Group 4 and Group 9 herbicide technologies, there may be a perception that weed management has become simpler. But resistant weed biotypes are confounding that notion and are challenging growers and their […] Read more
Rain needed for soybeans, other southern Manitoba crops
Seeded soybeans projected to be up more than 40 million acres from 2022
MarketsFarm – When Toban Dyck started to plant his 600-plus acres of soybeans this year, the soil in the Winkler, Man. area had pretty decent moisture content. But following the combination of hot temperatures and strong winds with little rainfall in May, precipitation is now much needed. “There’s still a little bit of moisture there. […] Read more
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