Insights and Stories on Soybean Acres

Feb. 21, 2018 at 6:13 pm CST

CNS Canada — Soybean futures at the Chicago Board of Trade posted solid gains over the past month on the back of weather concerns in Argentina. While there’s more room to the upside from a technical standpoint, the fundamentals are starting to become old news. “I think the Argentine story […]

By Phil Franz-Warkentin

Nov. 28, 2017 at 2:44 pm CST

Chicago | Reuters — U.S. farmers are likely to expand plantings of both corn and soybeans while reducing wheat seedings for the upcoming marketing year, the U.S. Agriculture Department said on Tuesday. The USDA’s Office of the Chief Economist forecast that farmers will seed 91 million acres of corn in […]

By Reuters

Jun. 21, 2017 at 1:40 pm CDT

CNS Canada — As soybeans rise in acreage across Western Canada, many are wondering which crop will bear the brunt of their sudden expansion. “Guys are trying to figure out — is it squeezing out canola or peas?” said Dan Mazier, president of Keystone Agricultural Producers. “It’s one of those […]

By Dave Sims

Feb. 1, 2017 at 4:59 pm CST

Chatham, Ont. — Most underpinnings for higher corn, soybean and wheat prices appear to have fallen away — leaving biodiesel the only area that could drive higher prices. A growth mandate for U.S. ethanol production ends in 2017, and oil prices continue to stagnate well below the highs of a […]

By John Greig

Dec. 16, 2016 at 5:20 pm CST

CNS Canada –– Soybean acreage looks set to increase next year in Manitoba due to good yields and prices. The expansion comes despite the fact the province is overdue for a killing frost and U.S. acreage is set to grow. “This year we had just over 1.6 million acres planted. […]

By Dave Sims