Insights and Stories on Soybeans

Aug. 12, 2024 at 11:43 am CDT

Reuters – The U.S. Department of Agriculture raised its estimates for corn and soybean production from a month earlier on Monday, adding to expectations of hefty global supplies of both crops. The agency raised its estimate for the 2024/25 soybean crop to a record 4.589 billion bushels, above 4.435 billion bushels seen last month and exceeding 4.469 billion bushels expected […]

By Heather Schlitz

Aug. 1, 2024 at 5:35 pm CDT

By Adam Peleshaty Glacier FarmMedia staff Early summer rains in the Prairies gave way to hotter and drier conditions in July, which caused stress in some organic crops. Scott Shiels, grain procurement manager at Grain Millers Inc. in Yorkton, Sask. said while crop conditions were “fantastic” in most areas, there […]

By OrganicBiz

Jul. 15, 2024 at 10:31 am CDT

The managed money short position in canola futures edged lower in the latest data, while bearish bets in soybeans hit their largest level in five years and the net short position in corn set a new record, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

By Phil Franz-Warkentin

Jul. 5, 2024 at 11:13 am CDT

[UPDATED – July 10, 2024: A previous graphic displayed an incorrect price for Ontario corn. We apologize for any confusion this error may have caused.]  Read more: Keep a cautious eye on good looking organic crops  

By OrganicBiz

Jun. 12, 2024 at 4:34 pm CDT

Intercontinental Exchange (ICE) canola futures went on a rollercoaster ride during the week ended June 12. The July contract failed to record consecutive gains or losses during the week, with prices ranging from C$615.40 to C$641.80 per tonne. The November contract, which traded as high as C$662.90 earlier in the […]

By Adam Peleshaty - MarketsFarm