Soybeans Archives - Canadian Cattlemen

USDA’s September supply/demand data contain few surprises

By Glen Hallick - MarketsFarm, GFM Network News September 11, 2021

MarketsFarm — There was few, if any, surprises to be found for grain traders in the latest supply and demand report from the U.S. Department of Agriculture (USDA). The September world agriculture supply and demand estimates (WASDE) was pretty much stand-pat in terms of U.S. corn and soybeans, according to trader Andrew Mages of Progressive […] Read more

Floodwaters surround Shell’s Norco fuel refinery site after Hurricane Ida pummeled Norco, La., west of New Orleans, on Aug. 30, 2021. (File photo: Reuters/Devika Krishna Kumar)

Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Soybeans, corn looking past hurricane

By Adam Peleshaty, GFM Network News September 1, 2021

MarketsFarm — Hurricane Ida has wreaked havoc on the U.S. Gulf Coast, pressuring Chicago Board of Trade soybean and corn futures as exports face disruptions — but the market is reacting more to what’s coming next than what has already happened, an analyst says. “I don’t know what the ramifications, if any, are for the […] Read more

Crops, Markets, Reuters

U.S. slashes corn, soybean, wheat harvest forecasts

By Mark Weinraub, GFM Network News August 12, 2021

Chicago | Reuters – The U.S. government slashed its outlook for domestic corn production by 2.7 percent and its soybean harvest view by 1.5 percent on Thursday as dry soils in key western growing areas cut into the potential for a bumper harvest. The dry conditions also hampered U.S. wheat production, which was forecast at […] Read more

Markets, Reuters

Corteva launches Brazil biotech soy, tackles Bayer head-on

By Ana Mano, GFM Network News August 10, 2021

Sao Paulo | Reuters – Corteva Agriscience said on Aug. 9 it will start selling biotech soybean seeds in Brazil, as it seeks to bolster its presence in the world’s largest producer of the oilseed and tackle German rival Bayer AG. Corteva said its Enlist soybean seeds can resist three weed killers including glyphosate, ammonium […] Read more

Crops, Markets

CBOT weekly outlook: Analysts await USDA crop estimates

By Adam Peleshaty, GFM Network News August 4, 2021

MarketsFarm – Traders at the Chicago Board of Trade (CBOT) are positioning themselves ahead of the United States Department of Agriculture’s monthly crop estimates to be released on Aug. 12. Estimates from private firms and speculation over how accurate they will be compared to the USDA’s are making their mark on the markets. “I think […] Read more

Higher prices of basic foodstuffs such as corn, soy and meat are affecting food supplies for both animals and people as the U.S. economy picks up steam. Photo: Thinkstock

Pet food shortages leave owners on the hunt for kibble

By Tom Polansek, Richa Naidu, GFM Network News July 29, 2021

Chicago | Reuters – Black short-haired kitty Astra, one of millions of pets acquired during the COVID-19 pandemic last year, had to go without salmon-flavored Whiskas treats that were sold out at stores in New Orleans this month. Loki, an Alaskan malamute dog in Ontario, Canada, did not have his usual Royal Canin kibble in […] Read more

Hot and dry weather has severely impacted spring wheat crops. Photo: iStock/Getty Images

Crops, Markets

CBOT weekly outlook: More information needed for wheat, soybeans

By Adam Peleshaty, GFM Network News July 28, 2021

MarketsFarm – As a spring wheat tour of the Northern Plains of the United States wraps up, grain traders are awaiting the results with great interest. “That has wheat excited all over again, because (traders are) already well aware yields are going to be quite low,” said Ryan Ettner, broker for Allendale Inc. in McHenry, […] Read more

Crops, Markets

USDA pegs wheat ending stocks to be lowest since 2013-14

By Adam Peleshaty, GFM Network News July 13, 2021

MarketsFarm — As the U.S. northern Plains continue to deal with severe drought conditions, the U.S. Department of Agriculture (USDA) has significantly lowered its 2021-22 ending stocks estimates for wheat — especially durum and spring wheat. According to USDA’s monthly world agriculture supply and demand estimates (WASDE) released Monday, 2021-22 ending stocks for wheat are […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Crops, Markets

CBOT weekly outlook: USDA reports generate immediate turnaround

By Glen Hallick - MarketsFarm, GFM Network News June 30, 2021

MarketsFarm — Commodity prices for corn, soybeans and wheat made a very quick turnaround on Wednesday following the release of two major reports from the U.S. Department of Agriculture (USDA). “At 11 o’clock corn was down 14 cents per bushel and went limit up 40 cents,” commented Scott Capinegro of Barrington Commodities in Barrington, Ill. […] Read more

CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

Crops, Markets, Reuters, Weather

CBOT weekly outlook: Wet weather pressures markets ahead of USDA report

By Adam Peleshaty, GFM Network News June 9, 2021

MarketsFarm — After hot and dry weather sent corn and soybean prices climbing higher in early June, much-needed rains brought bids down at the Chicago Board of Trade on Wednesday. Weather accounted for “90 per cent” of the pricing influence, according to Sean Lusk, vice-president of the commercial hedging division for Walsh Trading in Chicago. […] Read more

‘Two Michaels’ have left China, Trudeau says

Prairie cash wheat: Gains in prices vary by type

Dreyfus, others shut soy crushers in China on power curbs

GFM Network News

‘Two Michaels’ have left China, Trudeau says

Prairie cash wheat: Gains in prices vary by type

Dreyfus, others shut soy crushers in China on power curbs

Tag Archives Soybeans

USDA’s September supply/demand data contain few surprises

CBOT weekly outlook: Soybeans, corn looking past hurricane

U.S. slashes corn, soybean, wheat harvest forecasts

Corteva launches Brazil biotech soy, tackles Bayer head-on

CBOT weekly outlook: Analysts await USDA crop estimates

Pet food shortages leave owners on the hunt for kibble

CBOT weekly outlook: More information needed for wheat, soybeans

USDA pegs wheat ending stocks to be lowest since 2013-14

CBOT weekly outlook: USDA reports generate immediate turnaround

CBOT weekly outlook: Wet weather pressures markets ahead of USDA report

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