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Daily Network News

  • Photo: JHVEPhoto/Getty Images Plus

    U.S. grains: Soybeans, corn fall on harvest pressure

    2 days ago
  • Photo: Geralyn Wichers

    U.S. livestock: Hog futures slide in technical correction

    2 days ago
  • National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

    2 days ago
More News →

Soybeans


Photo: Thinkstock
Crops, Markets, Reuters

China approves seed firms for GMO corn and soybeans

The world's biggest buyer of soybeans and corn wants to reduce its reliance on imports

By Mei Mei Chu, Reuters, GFM Network News December 27, 2023
China has approved a first batch of seed companies to breed and sell genetically modified corn and soybean seeds, paving the way for commercial planting of GMO grains in a move that could cut its reliance on imports from the U.S. and Brazil.

Soybean futures ZSH24 on Dec. 22 with the 20-day moving average. (Barchart)
Markets, Reuters

U.S. grains: Chicago soybean, grain futures firm ahead of holidays

Railways between U.S. and Mexico reopened five days after key trade routes closed

By P.J. Huffstutter, Reuters, GFM Network News December 22, 2023
Chicago Board of Trade soybean and grain futures firmed on Friday, as traders adjusted their positions before the year-end holidays after a flurry of economic data showed underlying inflation pressures continuing to ease.


(Orchidpoet/iStock/Getty Images)
Markets, Reuters

US reopens key rail crossings between Texas and Mexico

American, Mexican agriculture groups express relief

By David Shepardson, Reuters, GFM Network News December 22, 2023
U.S. Customs and Border Protection (CBP) said operations resumed at 2 p.m. ET at the international railway crossing bridges in Eagle Pass and El Paso, Texas. The closures had prompted alarm from railroads, the agriculture industry and some lawmakers over the economic impact to halted export trade.

CBOT soybeans ZSH24 on Dec. 21. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans fall on Brazilian rain forecasts

Corn up on technical bounce, wheat up on weaker dollar

By P.J. Huffstutter, Reuters, GFM Network News December 21, 2023
Chicago soybean futures fell on Thursday as traders focused on forecasts calling for rain in Brazil, tempering some concerns over yield losses in the world's top oilseed exporter.


A farmer in China piles wheat.  Photo: Reuters/File
General, Markets, Reuters

China to push for higher grain yields to ensure food security

Chinese corn breeders are preparing to double the amount of GMO corn planted next year

By Reuters, GFM Network News December 21, 2023
China, the world's top buyer of soy and corn, will push for higher grain yields across large areas of farmland as it seeks to ensure food security for its huge population, state media reported on Wednesday, citing an annual rural policy meeting.

Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Chicago corn futures hit new lows

Exports being lost because of US-Mexico rail crossing closures, industry says

By P.J. Huffstutter, Reuters, GFM Network News December 20, 2023
Chicago front-months' corn contracts hit new lows on Wednesday after the U.S. government closed two key rail crossings into Mexico, the top importer of U.S. corn, in response to rising migrant crossings.


SoyXpert produces certified organic tofu at its Sherbrooke production facility. Photo: Soykei/Facebook.
General

Feds earmark $400,000 to tofu production automation

Quebec tofu manufacturers have seen high demand in recent years

By Geralyn Wichers, GFM Network News December 20, 2023
A Quebec tofu-maker has received a $400,000 federal loan to help automate its organic tofu production facility.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Chicago soybeans turn lower on rain forecast in Brazil

Wheat futures rose on a technical bounce

By P.J. Huffstutter, Reuters, GFM Network News December 19, 2023
Chicago soybean futures turned lower on Tuesday, as weather forecasts called for Brazil's dry crop belts getting some much-needed rainfall in the coming days.


Azure Sustainable Fuels Corp. president and CEO Douglas Cole speaks at a news conference at the Manitoba Legislature on Dec. 19 as Manitoba agriculture minister Ron Kostyshyn looks on. Photo: Don Norman.
General, Markets

Manitoba earmarks funds for sustainable aviation fuel plant

The facility may produce as much as one billion litres of canola and soy-based jet fuel

By Geralyn Wichers, GFM Network News December 19, 2023
Calgary-based firm Azure Sustainable Fuels Corp. plans to use Canadian feedstock like soybean and canola oils to produce as much as one billion litres of renewable aviation fuel per year, the news release added. 

Soybeans ZSF24 for Dec. 18 with Bollinger bands over 20 days. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans rally as Argentina seeks to raise meal, oil export taxes

Good export demand also underpinned soybeans

By Karl Plume, Reuters, GFM Network News December 18, 2023
U.S. soybean futures clawed back early losses and ended higher on Monday on good U.S. export demand and after Argentina's new government said it would raise export taxes on soymeal and soyoil in the world's supplier of the soy products.


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