Brazil could take soybean production crown from U.S.

It appears Brazil might achieve another milestone in its progression as an agricultural powerhouse. It could become the world’s largest soybean producer in 2018-19, taking the title from the United States. The U.S. Department of Agriculture forecasts that the South American country will produce 117 million tonnes of the oilseed in the coming year, topping […] Read more

Drought in Argentina is one of the factors behind a shrinking world grain surplus. This soybean crop was photographed last month on a farm near Carlos Casares, Argentina.  |  REUTERS/Agustin Marcarian photo

Global crop stocks forecast to decline due to bad weather

The world grain surplus that has weighed on crop prices for the past few years is getting smaller, with corn leading the way. With recent weather problems in South America, the stocks numbers might shrink even more, although not yet enough to spark the kind of hot price rallies seen a few years ago. After […] Read more

Workers level soybeans on the ship Kypros Land as it prepares to sail to China from the Tiplam terminal in Santos, Brazil. There are already reports that China is buying more soybeans from Brazil than normal and less from the United States because of a trade dispute between the two countries.  |  REUTERS/Paulo Whitaker photo

China-U.S. trade tensions could drag on for months

Some soybean traders last week were gullible enough to believe rumours that great progress was made in the first serious face-to-face meeting of American and Chinese negotiators in the trade dispute between the world’s two leading economies. A U.S. trade delegation of cabinet secretaries led by Treasury Secretary Steven Mnuchin was in China May 3-4 […] Read more

Farm groups are demanding tougher labelling laws as meat-like food products prepare to compete with the real deal.  |  Getty image

Reputation more important than labels in food business

You won’t find vegetarian products labelled as burgers, steaks, sausages or even bacon-flavoured in France. And to get the monikers dairy, milk or cheese, the product must come from an animal, not almonds or soy. France’s parliament recently approved the measures and now the U.S. National Farmers Union, the U.S. Cattlemen’s Association and the National […] Read more

Crude has been rising for almost a year, supported by voluntary production limits and rising demand as economies around the world pick up pace. | File photo

Rising crude oil could lend support to canola values

Crude oil hitting the highest price in three years is positive for oilseed prices but it does not necessarily drive them higher because of other pricing factors, such as supply and demand as well as trade issues. These latter factors have spurred canola to a strong premium over competing oilseeds. Strong crude oil prices help […] Read more

Late seeding in U.S. could drive more acres to soybeans

Delays in spring seeding in the United States could become a big talking point in wheat markets. Thirteen percent of the U.S. spring wheat crop was in the ground last year by mid-April, and that was behind the previous five year average of 21 percent. Given the cold weather that gripped the Dakotas and the […] Read more

Hog prices have been dropping in Canada, largely because of pork’s inclusion in the U.S.-China trade war.  |  File photo

Trade wars create collateral damage and few winners

It is frustrating to see that China’s decision to hit American pork with a 25 percent tariff is also depressing Canadian hog prices. The recent decline in the hog market is not all caused by the trade friction between the two super powers — an expanding American herd is also an influence — but the […] Read more

Farmers on the northern U.S. Plains are considering spring wheat over corn this spring.  |  File photo

U.S. farmers face greater uncertainty this spring

With huge political and trade uncertainty as well as tight cropping margins at the top of mind for American farmers, a long general trend of rising corn and soybean acreages could take a pause this year. Farmers on the northern U.S. Plains are considering spring wheat over corn this spring, and those in the southern […] Read more

Market struggles to identify size of China’s corn stockpile

More questions are being asked about the size of China’s usable corn stocks and how quickly they will be drawn down. The big story in the past two years was the Chinese government’s decisions to: stop price supports and move to a market orientation stop government buying and stockpiling create a 10 percent ethanol content […] Read more

Russian opportunities in Asia open to debate

Early projections call for another year of big crops in Russia and Ukraine. Coupled with large carry-in stocks, the grain available for export could rival the record smashing amount moving in the current crop year. Much has been written about the region’s growing dominance in global wheat trade, but the head of U.S. Wheat Associates […] Read more