MarketsFarm — As March 1 marked the start of meteorological spring, it feels like anything but that in southern Manitoba. One of the snowiest and coldest winters in years has been a mixed blessing for pulse growers, providing much-needed moisture for fields while also raising flood fears in some areas. Dennis Lange, a pulse specialist […] Read more
Tag Archives Soybeans — page 41
Pulse weekly outlook: Manitoba growers hope timely rains follow snows
High N prices may favour pulse acres
Soybean markets poised to respond based on war footing
Corn and soy supplies expect to hit historical lows at end of crop year
Editor’s note: This market analysis was mostly-prepared before the impact of the Russian invasion into Ukraine. As a result, many global commodities are in sway due to a multitude of unforeseen circumstances now in play. Statistics Canada released its Dec. 31 Stocks Report last month. This report is important because it confirms the production estimate […] Read more
Sevita launches 13 new soybean varieties for 2022
Sevita International has introduced thirteen new soybean varieties across Canada for the 2022 growing season and will have another ten new varieties available in 2023. Sevita has also launched a new online plot comparison tool that lets growers compare variety performance in on-farm plots across Canada. The 2022 roll-out of new varieties is the largest […] Read more
With fertilizer costs high and seed scarce, U.S. farmers turn to soy
'These prices are just crazy'
Chicago | Reuters — North Dakota farmer Jennifer Meyer typically devotes at least 20 per cent of her 2,500-acre farm to corn, which provides a convenient feed for the cattle she raises with her husband. But this year she is looking to find another crop for those 500 acres near Wilton as she has been […] Read more
Soybeans have a role in climate smart agriculture
Research priorities will focus on increasing yields and reducing climate impact
Soybean production could play a significant role in meeting not only economic, but also environmental sustainability goals. Soybean researchers are already pivoting to try to meet the language set out by federal, provincial and territorial (FPT) Ministers of Agriculture last November, including greater focus on carbon impacts. Why it matters: Industry stakeholders are looking to […] Read more
World soybean output, stocks estimates chopped
MarketsFarm — Downward revisions to soybean numbers stand out the most in February’s grain market report from the International Grains Council (IGC). Otherwise, the monthly estimates have minor alterations. The IGC cut its forecast on 2021-22 global soybean production by four per cent from its January report, bringing its projection to 353.1 million tonnes. The […] Read more
ICE weekly outlook: Rangebound canola market consolidating
MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday before uncovering some support, as the commodity remained stuck in a range after trending higher for most of the past year. “Canola is caught in a rangebound, consolidation phase,” said MarketsFarm Pro analyst Mike Jubinville. The relative stability in canola, he said, […] Read more
CBOT weekly outlook: More adjustments expected after lacklustre USDA report
MarketsFarm — Updated supply/demand estimates from the U.S. Department of Agriculture on Wednesday included only minor revisions, with the lacklustre report doing little to move the market. While South American production numbers were revised lower, further downward revisions are likely in subsequent reports, according to a market analyst. “We were a little surprised the USDA […] Read more
Pulse weekly outlook: Pulse stocks drop due to drought
MarketsFarm — Statistics Canada’s latest report on stocks of principal field crops clearly demonstrated how much of an effect last summer’s historic drought in Western Canada had on pulse crops. According to the report released Tuesday, last December’s total domestic stocks for dry peas, chickpeas, lentils and soybeans all declined from the year earlier. Those […] Read more
South American soybean production may cause market volatility
Corn prices remain high due to feed demand, wheat in seasonal low
Ontario corn prices are relatively unchanged from last month. All three pillars of corn demand are at seasonal highs. Ontario corn exports are running ahead of year-ago levels while strong energy prices support the year-over-year increase in ethanol production. Cattle on feed inventories tend to peak during the winter. Ontario soybean crushers continue to show […] Read more
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