CNS Canada — Chicago Board of Trade corn and soybean markets trended slightly lower during the week ended Wednesday, but weather concerns for both grains helped keep the bottom from falling out. “We’re a little dry out in the west here and we’re probably too moist, east and southeast,” said Brian Rydlund, a market analyst […] Read more
CBOT weekly outlook: Corn, soy feel slight technical pressure
Man. corn planting seen starting last week of April
CNS Canada –– The dry bias to this year’s spring, along with recent warm temperatures, leads one Manitoba agronomist to conclude corn will soon be going into the ground. “By the last week in April… unless some weather shift happens,” said Morgan Cott, agronomist for the Manitoba Corn Growers Association. Excess moisture shortened last year’s […] Read more
Neonic rules ‘unworkable’ for Ont. corn, soy growers
Ontario’s planned regulation to limit the use of neonicotinoid seed treatments might as well be a ban from where the organization sits representing the province’s corn and soy producers. After reviewing the draft regulation, which provincial officials posted March 23 for public comment until May 7, Grain Farmers of Ontario said Thursday it “strongly opposes […] Read more
CBOT weekly outlook: Corn, soy watching weather for direction
CNS Canada –– Chicago Board of Trade corn and soybean markets moved lower during the week ended Wednesday, but stayed within their recent trading ranges. “We haven’t broken down out of a range yet, or broke to the upside,” said Scott Capinegro, president of Barrington Commodity Brokers in Barrington, Ill. “We are just flat and […] Read more
CBOT weekly: Corn, soy look to test post-report floors, ceilings
CNS Canada — Chicago Board of Trade corn and soybean futures saw choppy activity over the past week as traders had spent much of the period positioning themselves ahead of the release of the U.S. Department of Agriculture’s prospective plantings report. That choppiness is expected to continue as the market digests the report’s data and […] Read more
Ontario’s neonic limits tabled for public comment
Proposed new controls on the use and sale of corn and soybean seed treated with neonicotinoid pesticides in Ontario are up for public comment between now and early May. The provincial government made its move Monday — three days ahead of a scheduled meeting between Agriculture Minister Jeff Leal and Grain Farmers of Ontario chairman […] Read more
Ont. ag minister to review GFO proposal on bee health, neonics
Ontario corn and soybean growers have secured a meeting with the provincial ag minister on the farmers’ proposed Plan B to balance crop pest control against bee health. Grain Farmers of Ontario said Thursday its representatives will meet March 26 with Agriculture Minister Jeff Leal to discuss the proposals laid out in GFO’s Ontario Pollinator […] Read more
CBOT weekly: Bullish U.S. dollar seen pinning grain futures
CNS Canada — Chicago Board of Trade corn and soybean futures remained largely unchanged over the past week but a bullish U.S. dollar, currently outperforming many of the world’s other currencies, will keep the long-term bias pointed lower, according to a U.S. analyst. “We’re going to need a weather event, we’re going to need a […] Read more
CBOT weekly: Soybeans, corn await next USDA reports
CNS Canada –– Soybean futures at the Chicago Board of Trade (CBOT) moved up and down during the week ended Wednesday, but posted losses on the whole as concerns over a truckers’ strike in Brazil subsided. While large South American crop prospects remain a bearish influence in the background, the market could be due for […] Read more
CBOT soy seen weakening as soon as Brazil’s logistics improve
CNS Canada — Chicago Board of Trade (CBOT) soybean futures moved higher during the week ended Wednesday, as continued good export demand for U.S. soybeans was bullish. Brazil’s slower than normal harvest pace and its logistics problems related to a trucker strike both led to strong export demand for the U.S. As soon as those […] Read more
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