soybean production Archives | Alberta Farmer Express

Brazil to become top soybean producer, USDA says

By Glen Hallick - MarketsFarm January 8, 2020

MarketsFarm — Brazil is set to pass the United States as the world’s top producer of soybeans during the 2019-20 marketing year, according to a report from the U.S. Department of Agriculture (USDA). As soybean production in both countries has risen dramatically over the last 10 years, the U.S. continued to lead the world in […] Read more

Crops, Markets, Soybeans, Weather

U.S. books latest end to soy harvest in a decade

By Glen Hallick - MarketsFarm November 13, 2019

MarketsFarm —The U.S. Department of Agriculture (USDA), in its oilseed crops outlook issued Wednesday, said the country’s 2019 soybean harvest will wind up the latest in 10 years. As of Sunday, the overall U.S. soybean harvest stood at 85 per cent complete, according to USDA’s weekly crop progress report. The pace was two points behind […] Read more

Crops, Markets

CBOT weekly outlook: What happens with corn, will happen to soybeans

By Glen Hallick - MarketsFarm June 12, 2019

MarketsFarm — Although there were no major changes to soybeans in June’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture, the commodity’s price shot up on the Chicago Board of Trade. USDA on Tuesday issued its monthly WASDE report, in which estimated U.S. corn production was lowered by nine per […] Read more

Crops, Markets

USDA sees smaller soy crop in 2019, more corn

By Phil Franz-Warkentin - MarketsFarm May 10, 2019

MarketsFarm — U.S. farmers will grow more corn and fewer soybeans in 2019, according to the first production estimates of the year from the U.S. Department of Agriculture. Ending stocks of both crops are expected to remain large. U.S. soybean production for 2019-20 was forecast at 4.15 billion bushels by the government agency, which would […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Higher prices don’t jibe with corn, soy production

By Glen Hallick - MarketsFarm December 19, 2018

CNS Canada — Trade is starting to slow down for the holiday season at the Chicago Board of Trade, which has corn and soybean traders looking at the larger picture. Scott Capinegro, a broker with Barrington Commodities at Barrington, Ill., believes prices for corn and soybeans are currently too high. “(The world) continues to plant, […] Read more

Crops, Markets, Soybeans

Smaller Manitoba soybean crop expected

By Phil Franz-Warkentin - MarketsFarm September 11, 2018

CNS Canada — Like most crops grown this year, Manitoba’s soybean yields were also highly variable in 2018. While early reports point to smaller production overall, lower-than-average yields won’t translate to higher prices, given prospects for a large U.S. crop. Manitoba soybean yields are “anywhere from 20 to 50” bushels per acre, said Mark Jorgenson […] Read more

Corn, Crops, Soybeans, Spring Wheat

AMIS adjusts world grain production outlooks

By MarketsFarm Team July 7, 2018

CNS Canada –– Global supply-demand outlooks, released by the market monitoring agency of an alliance of 11 international organizations, point to lower corn production for 2018-19. The Agricultural Market Information System (AMIS) Market Monitor report for July said the record corn harvest in 2017-18 will slip by more than four per cent in 2018-19. That’s […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat drops most since August after USDA acreage surprise

By Michael Hirtzer January 12, 2018

Chicago | Reuters — Chicago wheat futures tumbled nearly three per cent on Friday, notching their biggest daily decline since August, after the U.S. Department of Agriculture showed larger-than-expected U.S. winter wheat plantings. Corn futures fell to life-of-contract lows, while soybeans turned higher in a recovery from four-month lows in the wake of the midday […] Read more

Crops, Markets, Reuters

USDA raises corn harvest view

By Reuters January 12, 2018

Washington | Reuters — The U.S. Agriculture Department on Friday boosted its estimate of domestic corn production due to a record yield that stemmed from bumper harvests in major growing states such as Illinois as well as some of the smaller production areas. USDA also trimmed its view of soybean production, although the 2017 crop […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola rangebound, watching harvest

By Phil Franz-Warkentin - MarketsFarm September 20, 2017

CNS Canada — Canola futures moved steadily higher over the course of the week ended Wednesday, but remain firmly entrenched in a sideways trading range as seasonal harvest pressure continues to limit the upside. “Most of the markets are still just killing time… everybody is just monitoring things to see where they go next,” said […] Read more

Canada’s wheat ending stocks projections raised

Fund traders grow long positions in canola, U.S. futures

Prairie cash wheat: Bids mixed

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