With the Brazilian soybean harvest well underway, a few recent projections have far exceeded the estimated 117.0 million tonnes produced in 2019/20. | File photo

Revising numbers on Brazil’s massive soybean crop

WINNIPEG, (MarketsFarm) – There is one certainty when it comes to Brazil’s soybean crop for 2020/21 – it’s going to be massive. With the harvest well underway, a few recent projections have far exceeded the estimated 117.0 million tonnes produced in 2019/20. The forecasts came out ahead of the next grain harvest survey from Companhia […] Read more

China plans to issue biosafety certificates to domestic GM soybean, corn

China plans to issue biosafety certificates to domestic GM soybean, corn

BEIJING (Reuters) — China’s agriculture ministry said Dec. 30 it plans to issue biosafety certificates to a domestically grown, genetically modified (GM) soybean crop and two corn crops, in a move towards commercializing GM grain production in the world’s top market. China will grant the certificate to SHZD32-01 soybean developed by Shanghai Jiaotong University, provided […] Read more



In the WASDE, the corn yield was lowered from 169.5 to 168.2 BPA. Trade expectations were between 162.0 to 169.6 BPA, with MarketsFarm at 168.0. | File photo

U.S. soybean, corn yields down, wheat stays the same

WINNIPEG, (MarketsFarm) – The United States Department of Agriculture (USDA) September supply and demand report saw downward revisions for corn and soybeans, but kept its estimates for wheat where they were in August, The department released its World Agricultural Supply and Demand Estimates (WASDE) on Sept. 12. “Prices rallied after the report came out because […] Read more

Vanessa Kummer checks the soybeans on the farm she and her husband Paul own near Colfax, N.D.  |  REUTERS/Dan Koeck photo

Trade war bad news for N.D. soybean farmers

Producers in North Dakota are reeling from the loss of a customer base that they spent two decades cultivating

COLFAX, N.D. (Reuters) — North Dakota bet bigger on Chinese soybean demand than any other U.S. state. The industry here spent millions on grain storage and rail-loading infrastructure while boosting plantings by five-fold in 20 years. Now, as the world’s top soybean importer shuns the U.S. market for a second growing season, Dakota farmers are […] Read more