Insights and Stories on Soybeans

Sep. 12, 2019 at 8:28 pm CDT

MarketsFarm — Canada’s corn crop is forecast to be the second largest on record despite a delayed start to spring planting, as yields showed an improvement from earlier forecasts, according to updated production estimates Thursday from Statistics Canada. Using a combination of satellite imagery, previous survey data, and agro-climatic data, […]

By Phil Franz-Warkentin

Sep. 4, 2019 at 9:04 pm CDT

MarketsFarm — Chicago Board of Trade corn futures fell to fresh contract lows during the week ended Wednesday, but could be running out of room to the downside amid concerns over the lateness of this year’s U.S. crop. “The weather is benign and the government is telling us there’s really […]

By Phil Franz-Warkentin

Sep. 3, 2019 at 3:00 pm CDT

MarketsFarm — Fund traders were content to sit on their large net short position in canola during the week ended Aug. 27, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came […]

By Phil Franz-Warkentin

Aug. 28, 2019 at 7:43 pm CDT

MarketsFarm — Corn contracts have tested contract lows on the Chicago Board of Trade, and markets are in need of a bounce. “If contract lows get taken out, you’re talking almost another 10 cents to the downside,” said Steve Georgy, president of Allendale Inc. at McHenry, Illinois. “It’s going to […]

By Marlo Glass – MarketsFarm

Aug. 22, 2019 at 9:01 pm CDT

Colfax, N.D. | Reuters — North Dakota bet bigger on Chinese soybean demand than any other U.S. state. The industry here — on the far northwestern edge of the U.S. farm belt, close to Pacific ports — spent millions on grain storage and rail-loading infrastructure while boosting plantings by five-fold […]

By Karl Plume