Soybeans , Latest & Featured - Canadian Cattlemen

File photo of young plants in a soybean field in Argentina. (Gracieross/iStock/Getty Images)

Argentine growers who hold soybeans face higher financing costs

By Maximilian Heath, GFM Network News September 9, 2022

Buenos Aires | Reuters — Argentine soy farmers who hold onto stock of more than five per cent of their production will face an elevated financing cost above the normal benchmark rate, the South American country’s central bank said on Thursday, part of a wider push to encourage sales. The central bank said soy farmers […] Read more

Corn seedlings in southern Ontario in 2021. (Farmtario photo by John Greig)

Corn, Crops, Soybeans

StatCan trims Canadian corn, soy acreage estimates

Grain corn acreage still expected up from 2021 level

By Dave Bedard, GFM Network News July 6, 2022

New Statistics Canada projections show the country’s grain corn and soybean growers have slightly curbed their enthusiasm for those crops compared to their intentions earlier in the year. StatCan on Tuesday released the results of its 2022 June field crop survey, conducted between May 13 and June 12, projecting Canadian corn area at 3.633 million […] Read more

Markets, Soybeans

U.S. soybean acres come in below expectations

By Phil Franz-Warkentin, GFM Network News June 30, 2022

MarketsFarm – Farmers in the United States seeded fewer soybean acres than original intentions and slightly more corn, according to updated acreage estimates from the U.S. Department of Agriculture, released June 30. Total soybean area in the country for the 2022 growing season was pegged at 88.30 million acres by the government agency. That compares […] Read more

File photo of flooded cropland in the RM of St. Andrews, north of Winnipeg. (Manitoba Co-operator photo)

Crops, Pulses, Soybeans, Weather

Pulse weekly outlook: Wet weather delays southern Manitoba seeding

Soybeans could take yield hit if planted in June

By Adam Peleshaty, GFM Network News May 3, 2022

MarketsFarm — Another blast of heavy precipitation across southern Manitoba, the third in as many weeks, has already delayed seeding for pulses, according to a production specialist. Laura Schmidt, a production specialist for Manitoba Pulse and Soybean Growers, said the 40 to 50 millimetres of rain across the region on April 29-30 all but guaranteed […] Read more

EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)

Canola, Crops, Markets, Soybeans

EU’s oilseed yields expected to decline in 2022-23

USDA's attaches predict uptick in EU's oilseed acres

By MarketsFarm, GFM Network News April 23, 2022

MarketsFarm — The U.S. Department of Agriculture’s (USDA) attachés in Europe have projected oilseed production in the 27-member European Union to increase just slightly in 2022-23. The 18 attachés involved in the report expect about 31.07 million tonnes in total, for a 0.4 per cent bump in total oilseed output from 2021-22. The oilseeds included […] Read more

A drought-hit cornfield at Nao-Me-Toque in Brazil’s Rio Grande do Sul state on Jan. 9, 2022. (Photo: Reuters/Diego Vara)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Traders look to skies for market guidance

By Adam Peleshaty, GFM Network News April 20, 2022

MarketsFarm — Much of the focus from the Chicago Board of Trade (CBOT) for the week ended Wednesday has shifted away from besieged Ukraine — and toward areas closer to home. Prices for nearby corn and soybean contracts rose over the past week due to weather-related rallies, but wheat prices held rangebound. The U.S. northern […] Read more

File photo of a rapeseed field in Iwate prefecture in northeastern Honshu, Japan. (Nattya3714/iStock.Getty Images)

Canola, Crops, Markets, Soybeans

USDA reports offer new oilseed insights from India, Japan

By MarketsFarm, GFM Network News April 6, 2022

MarketsFarm — The Foreign Agricultural Service of the U.S. Department of Agriculture (USDA) released its weekly Global Agricultural Information Network (GAIN) reports on Wednesday, including new information regarding oilseeds in India and Japan. Oilseed production in India is projected to increase by one per cent at 42.1 million tonnes in 2022-23, according to FAS New […] Read more

Corn, Crops, Markets, Reuters, Soybeans

With fertilizer costs high and seed scarce, U.S. farmers turn to soy

'These prices are just crazy'

By Julie Ingwersen, Mark Weinraub, GFM Network News February 23, 2022

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

Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: More adjustments expected after lacklustre USDA report

By Phil Franz-Warkentin, GFM Network News February 9, 2022

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

ICE March 2022 canola (candlesticks, right column) with 20- and 50-day moving averages (yellow and dark green lines) and CBOT March 2022 soybeans (black line, left column). (Barchart)

Canola, Crops, Markets, Soybeans

ICE weekly outlook: Canola moving back in line with soybeans

By Phil Franz-Warkentin, GFM Network News February 3, 2022

MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, but lagged the Chicago Board of Trade soy complex to the upside as the spreads between the two markets saw some readjustment. “If you had bought 100 tonnes of March canola on Dec. 21 you’d be up about $10 per tonne right […] Read more

Daily Network News

Australia’s wheat production outlook improves as harvest begins

China imports no U.S. soybeans in September for first time in seven years

Australia’s weather bureau casts doubt on prospects for La Nina

Soybeans

Argentine growers who hold soybeans face higher financing costs

StatCan trims Canadian corn, soy acreage estimates

U.S. soybean acres come in below expectations

Pulse weekly outlook: Wet weather delays southern Manitoba seeding

EU’s oilseed yields expected to decline in 2022-23

CBOT weekly outlook: Traders look to skies for market guidance

USDA reports offer new oilseed insights from India, Japan

With fertilizer costs high and seed scarce, U.S. farmers turn to soy

CBOT weekly outlook: More adjustments expected after lacklustre USDA report

ICE weekly outlook: Canola moving back in line with soybeans

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