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
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
Brazil soy exports likely to slow after fire near Santos port
Sao Paulo | Reuters –– Brazil’s soy exports will likely slow because a six-day fire at a nearby fuel-storage facility has restricted access to Brazil’s largest port, Santos, a port official and the soy industry association Abiove said on Tuesday. Authorities have agreed to restrict truck access to some terminals at the port at least […] 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
Soybeans cut swath through Prairie wheat belt
Winnipeg | Reuters –– Soybeans, once a novelty in western Canadian fields, are poised to reach record-large acreage again this year, and some of the world’s biggest seed companies are betting they have further room to grow in a region known for wheat and canola. Farmers on the eastern side of the Prairies are turning […] 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
Argentine soy stocks double as farmer-government tensions rise
Buenos Aires | Reuters –– Argentine farmers have stockpiled more than twice as much soy this year than last, defying a government desperate to increase export tax revenue needed to finance rising state spending ahead of the October presidential election. Growers say the increase in soybean reserves, to 7.4 million tonnes from 3.4 million, comes […] 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
No hill of beans — soybeans get a boost with expanded insurance plan
The New Crops Insurance Initiative, which also covers forages and other special crops, will give coverage for soybeans in specified areas
Reading Time: 2 minutes Soybeans are here to stay in Alberta and the announcement they now qualify for Agricultural Financial Services Crop insurance coverage is expected to boost acreage. “There were a number of people who were waiting for that program to be in place before growing soybeans, so I see it as a positive step for expanding the […] Read more
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