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Soybeans

Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Weather wreaks havoc on crops

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MarketsFarm — Unusual weather, both in North and South America, has significantly affected commodities this week at the Chicago Board of Trade, according to a broker. A brutal cold snap, extending from northern Canada to the U.S.-Mexico border, has slowed down soybean crushing, halted production at ethanol refineries and raised energy prices in the U.S., […] Read more
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: WASDE unexpectedly bearish for corn

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MarketsFarm — Corn prices on the Chicago Board of Trade immediately turned sour after Tuesday’s release of the monthly supply and demand report from the U.S. Department of Agriculture. By the time trading closed for the day, soybeans had recovered from losses incurred shortly after the report’s release to finish in double-digits on the plus […] Read more
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soybeans may see seasonal slowdown

However, more upside remains possible

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MarketsFarm — Corn and soybean futures at the Chicago Board of Trade, now trading at their highest levels in years, could come under some pressure over the next month, although the longer-range outlook remains strong, according to a broker. Crop insurance levels in the U.S. are based in part off of new-crop futures prices during […] Read more
Crops, Soybeans

Triple-herbicide-tolerant soybean set for limited 2021 release

Bayer's XtendFlex soybeans pick up needed approvals

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Bayer Crop Science expects to have “a small volume” of its new XtendFlex soybeans in the Canadian seed market for the 2021 growing season. XtendFlex soybeans, whose trait package is stacked with herbicide tolerance for glyphosate and dicamba as well as glufosinate, will be available in Canada for planting this spring, but not in all […] Read more
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn turn bearish

Traders keep an eye on South America

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MarketsFarm — Soybean and corn futures backed away from multi-year highs during the week ended Wednesday, as investors took profits and weather conditions showed some improvement in South America. “The technicals are a little bearish for both corn and beans,” said Terry Reilly of Futures International in Chicago. The managed money long position in soybeans, […] Read more
Canola, Markets, Soybeans

ICE weekly outlook: Canola, soybeans – keep an eye on South America

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MarketsFarm – After canola incurred six consecutive sessions of gains in which new contract highs were reached, the Canadian oilseed took a bit of tumble on the Intercontinental Exchange. Such is a sample of the volatility in the market during the holidays. Keith Ferley, a trader with RBC Dominion Securities in Winnipeg, Man., suggested there […] Read more
Canola, Markets, Soybeans

Canadian canola crush running strong

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Canada’s canola crush is running slightly ahead of the year ago level, according to updated data from Statistics Canada. With 917,992 tonnes of the oilseed crushed in November, the 2020/21 (Aug/Jul) crop-year-to-date total of 3.465 million tonnes compares with the 3.309 million tonnes processed during the same timeframe the previous year. The November canola crush […] Read more

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending February 26, 2021.

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