As the cash price on soybeans holds just under $20 per bushel, growers want to know how to push yields higher. That was the message they wanted to hear as the Ontario Agricultural Conference began Jan.4. The event began with “Sizzlin’ Soybeans!” with Horst Bohner, soybean specialist with the Ontario Ministry of Agriculture, Food and […] Read more
Tag Archives Soybeans — page 33
Pushing soybean yields a constant refrain
Trends and research indicate maturity and season length are most important
How to keep soybeans weed-free
Design weed control plans to help the crop out-compete problem weeds
Without weed control, Ontario soybean growers would lose an estimated $617 million. That’s the number estimated by Peter Sikkema, professor and field crop weed management expert at the University of Guelph, Ridgetown. His figure is based on a per-bushel price of $12.56. With current prices, the cost of inaction on weed management could be even […] Read more
Wheat market at seasonal lows; Black Sea deal tenuous
Soybean, corn markets watching South American production
Ontario farmers have sold the bulk of their corn, soybeans and wheat, so basis levels are expected to strengthen later in winter as commercial stocks decline. Statistics Canada will release its survey results of Dec. 31, 2022 farm stocks on Feb. 7. Ontario soybean prices are at the highest levels since August. Soybean export demand […] Read more
2022 corn, soybean yields lower than expected
The amount of winter wheat harvested in Ontario, however, was above expectations
Statistics Canada released its final crop survey Dec. 2 for 2022 showing corn and soybean yields were lower than expected. Ontario farmers harvested 9.44 million tonnes of corn, which was below our estimate of 10 million tonnes. Soybean production came in at 3.996 million tonnes. This was down from Statistics Canada’s September survey of 4.111 […] Read more
Bolivia farm region blocks borders, grain transport in protests
Santa Cruz/La Paz | Reuters — Protesters in Bolivia’s farming region of Santa Cruz are blocking highways out of the province, threatening to snarl the domestic transport of grains and food, as anger simmers following the arrest of local governor Luis Camacho. The region, a stronghold of the conservative opposition to socialist President Luis Arce, […] Read more
China to launch grain reserves company in 2023
Reuters — China’s state-owned grains trader COFCO said on Thursday a new joint venture it has set up with state stockpiler Sinograin to manage the country’s huge grain reserves will officially begin operations next month. The China Enterprise United Grain Reserve Co. Ltd. was established in September, according to the COFCO statement on its public […] Read more
ICE weekly: Canola regains strength after days of declines
MarketsFarm — After a losing string of four straight sessions, the ICE Futures March canola contract regained some strength on Wednesday. Limited and choppy trading in nearby soybean contracts had pulled down canola for most of the week, according to Winnipeg-based independent trader Jerry Klassen. “When the March got up to $868-$870 (per tonne)… there […] Read more
High oleic soybean oil works well in pig diets
Science Notes: Study also focused on carcass characteristics
Adding a fat source to the traditional corn-soy swine diet is common practice, but the type of fat can make a difference for growing pigs and carcass quality. Polyunsaturated fats, the primary type in distillers dried grains with solubles (DDGS), can reduce fat quality and complicate processing of pork bellies and bacon. High oleic soybeans, […] Read more
Soybean price strengthens, corn and wheat flat
South American production, extension to Black Sea Grain Deal and lower Chinese demand are factors
Ontario soybean prices have been percolating higher over the past two weeks. Farmer selling has eased. At the same time, domestic and export demand has improved, resulting in the firmer tone. Ontario corn prices have been relatively flat as the commercial system absorbs aggressive farmer selling. Ontario wheat prices remain under pressure. Domestic flour millers […] Read more
ICE weekly outlook: Canola still rangebound but upside possible
Crush margins expected to stay high for now
MarketsFarm — The ICE Futures canola market traded within a certain range for the week ended Wednesday, but one trader believes that wide crush margins will take prices over the psychological resistance level. Since nearly hitting the $900 per tonne mark on Nov. 15, the January canola contract declined for eight straight sessions before going […] Read more
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