Insights and Stories on Soybeans

Feb. 4, 2021 at 2:55 am CST

MarketsFarm — Corn and soybean futures at the Chicago Board of Trade, now trading at their highest levels in years, could come under some pressure over the next month, although the longer-range outlook remains strong, according to a broker. Crop insurance levels in the U.S. are based in part off […]

By Phil Franz-Warkentin

Jan. 29, 2021 at 8:55 pm CST

Bayer Crop Science expects to have “a small volume” of its new XtendFlex soybeans in the Canadian seed market for the 2021 growing season. XtendFlex soybeans, whose trait package is stacked with herbicide tolerance for glyphosate and dicamba as well as glufosinate, will be available in Canada for planting this […]

By Dave Bedard

Jan. 27, 2021 at 5:48 pm CST

MarketsFarm — Over the last week at the Chicago Board of Trade (CBOT) corn has been leading soybeans, while wheat has been lacking good exports, according to Ryan Ettner, broker with Allendale Inc. in Fort McHenry, Ill. Ettner said he also expects the situation is very likely to continue, barring […]

By Glen Hallick - MarketsFarm

Jan. 20, 2021 at 6:05 pm CST

MarketsFarm — Soybean and corn futures backed away from multi-year highs during the week ended Wednesday, as investors took profits and weather conditions showed some improvement in South America. “The technicals are a little bearish for both corn and beans,” said Terry Reilly of Futures International in Chicago. The managed […]

By Phil Franz-Warkentin

Jan. 11, 2021 at 8:35 pm CST

Beijing | Reuters — China said on Monday it was set to approve the safety of another genetically modified (GMO) corn variety and a GMO soybean, both produced by Beijing Dabeinong Technology Group Co. Ltd. The move comes after China last year approved three domestically designed GMO crops as safe, […]

By Dominique Patton, Hallie Gu