Insights and Stories on Soybeans

May. 26, 2021 at 7:33 pm CDT

MarketsFarm — Corn and soybean futures at the Chicago Board of Trade have moved off of highs hit earlier in May as good planting conditions in the U.S. Midwest weighed on values. “We’re pretty much in a weather market right now,” Scott Capinegro of Barrington Commodity Brokers in Illinois said. […]

By Phil Franz-Warkentin

May. 12, 2021 at 8:36 pm CDT

A former malt processing plant in eastern North Dakota is set to be the site of the state’s first soybean crushing plant. U.S. ag processor ADM, the ‘A’ of the four ‘ABCD’ companies that dominate global grain trading, announced Monday it will spend about US$350 million to develop a dedicated […]

By Dave Bedard

Apr. 27, 2021 at 8:37 pm CDT

Statistics Canada’s first read of farmers’ intentions for the 2021 growing season shows more Canadian acres going into both soybeans and corn. Farmers nationwide anticipate planting 5.3 million acres to soy in 2021, up 5.5 per cent from 2020, StatsCan said in its field crop survey released Tuesday. “An increase […]

By Dave Bedard

Apr. 14, 2021 at 7:58 pm CDT

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade posted solid gains during the week ended Wednesday, with the widening inverted spread between old-crop contracts and new-crop months a feature. “Commercials are buying any dips they can,” Sean Lusk of Walsh Trading said of the market. With […]

By Phil Franz-Warkentin

Apr. 9, 2021 at 8:26 pm CDT

Chicago | Reuters — Bayer is launching a new genetically modified soybean in the United States, striking back against rival Corteva in a bid to retain its dominant position supplying seeds to the $40 billion U.S. soy industry. Billions of dollars are on the table for companies producing a growing […]

By Tom Polansek