To the relief of livestock producers, soybean meal prices have started to soften. At the end of May, a harami alerted producers to a downturn in the meal market. A harami is a reversal pattern often seen on a candlestick chart. This particular harami materialized at the height of the rally on the CBOT soybean […] Read more
Drozd: Livestock producers look ahead to lower meal costs
Ont. ag minister seeks ‘move away’ from wide neonic use
Ontario’s corn and soybean growers’ group says it’s insulted and disappointed to find out the provincial ag ministry plans to put new limits on the use of neonicotinoid pesticides. Grain Farmers of Ontario chairman Henry van Ankum said Monday the association is “extremely disappointed” to learn through the media — specifically, an article Sunday on […] Read more
Manitoba soybeans hang tough despite flooding
CNS Canada — Despite widespread flooding in a region known to carry significant soybean acres, a Manitoba industry watcher predicts this year’s crop will be fine. Shawn Rempel, product manager for Quarry Seed at Stonewall, Man., acknowledges wet conditions in southeastern Saskatchewan and southwestern Manitoba have been a problem for producers. However, he said, the […] Read more
Guenther: Cutworms eye new Prairie soybean acres
Some soybean growers in Saskatchewan’s southeastern corner are dealing with unwelcome dinner guests. Brad Eggum, of Eggum Seed Sales, was scouting a soybean field when he came across cutworms by chance. “The beans were struggling to get through and we were just checking the emergence and started finding (cutworms),” says Eggum, who farms near Halbrite, […] Read more
Minogue: Available acres may make Brazil top soy player
Raleigh, N.C. — Whatever major boosts may soon come in world soybean production are seen coming from countries with the acres to spare, not necessarily from breeders building better beans. That’s how one major player in Brazil’s soybean sector sees the near future, as growers meeting here Thursday discussed the road ahead for the crop […] Read more
Late spring to reduce Man. soybean acres
CNS Canada — Manitoba farmers won’t likely seed as many soybean acres as they originally intended this year, as the late spring and wet fields will force some to switch to another crop. Most of the soybean acres will likely be planted in the main growing regions of the province, such as the Red River […] Read more
U.S. new-crop soybeans and corn under pressure
CNS Canada –– Improving weather conditions across the U.S. Midwest weighed on soybean and corn futures at the Chicago Board of Trade over the past week, and further declines are likely heading into the summer months, according to an analyst. Weather conditions across the Midwest’s corn- and soybean-growing regions have shown some improvement. Terry Reilly […] Read more
U.S. weather to determine price direction for CBOT beans, corn
CNS Canada — Soybean futures on the Chicago Board of Trade were higher during the week ended Wednesday, with new-crop gains outpacing old-crop as traders worked to correct the spread between the two, participants said. Old-crop values found some support from continued worries about tight U.S. supplies, with all contracts lifted by signs of persistent […] Read more
U.S. regulator set to approve Dow’s Enlist herbicide
Reuters — The U.S. Environmental Protection Agency said Wednesday it plans to grant approval to a new herbicide developed by Dow AgroSciences that is designed to be used with new genetically-engineered corn and soybeans and combat weed resistance. The U.S. approvals for Enlist Duo herbicide — and for Enlist corn and soybeans — would free […] Read more
Internal trade panel rips Que. limits on edible oil products
Quebec has been given until the end of the year to repeal provincial laws that have effectively banned sales in that province of edible oil dairy substitutes, such as some margarines and non-dairy creamers. The sections of Quebec’s Food Products Act and related regulations in question were shot down in a ruling Wednesday by a […] Read more
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