Insights and Stories on Soybeans

Apr. 5, 2016 at 6:42 pm CDT

CNS Canada — U.S. farmers may be seeding fewer soybean acres this spring but expectations for the crop remain relatively steady north of the border, according to Francois Labelle, executive director of Manitoba Pulse and Soybean Growers. “Our first indications are that acreage will be the same as last year […]

By Dave Sims

Apr. 4, 2016 at 5:50 pm CDT

Reuters — Wang Zhonghai, a 49-year-old farmer in China’s top corn producing province of Heilongjiang, plans to switch 80 per cent of his land to cultivate soybeans this year as the government ends a near-decade-old corn price support scheme. China announced last week it will stop its corn stockpiling program […]

By Naveen Thukral, Niu Shuping

Mar. 30, 2016 at 6:20 pm CDT

CNS Canada — Soybeans and corn at the Chicago Board of Trade have been edging higher on investor short-covering ahead of a key report from the U.S. Department of Agriculture. While trade estimates are bearish for both of those markets, highly-anticipated reports often throw curveballs at investors, one analyst says. […]

By Jade Markus

Mar. 23, 2016 at 5:04 pm CDT

CNS Canada –– Chicago Board of Trade corn prices are set to trade sideways over the course of the week as the market awaits fresh news, but that staleness is in direct contrast with the turbulence in soybeans. Soybeans – “They’re going to trade pretty choppy,” said Terry Reilly at […]

By Jade Markus

Mar. 16, 2016 at 4:49 pm CDT

CNS Canada — Soybean and corn futures at the Chicago Board of Trade have posted solid gains over the past two weeks, but the rally may run out of steam while attention in the markets shifts to spring weather patterns. “We’ve had a very strong rally since late February,” said […]

By Phil Franz-Warkentin