Acres are still down significantly from the heyday of seven years ago, mainly due to unfavourably dry growing conditions in the province
WINNIPEG — With average yields of 33 to 35 bushels per acre, 2024 was a difficult year for canola in Saskatchewan. Since disappointment is a lingering feeling for many canola growers, there could be an opportunity for alternative crops to grab some acres in 2025. That may be true, but soybeans aren’t part of the […] Read moreTag Archives Soybeans — page 5
USDA’s WASDE report bullish for corn and soybeans
Changes in the department’s production estimates for corn were the most dramatic of the three major commodities
The U.S. Department of Agriculture WASDE report released Jan. 10 was bullish for corn and soybeans while wheat was neutral. Bullish soybean estimates from the USDA will provide support for Canadian canola markets, while the bullish corn numbers should provide support for the entire grains complex. The report was not positive for wheat with U.S. […] Read more
Brazil’s soy farmers want ban lifted
SAO PAULO, Brazil (Reuters) — A farmers’ lobby in Brazil is seeking to end a two-decade-long agreement that forbids grain traders from buying soybeans from farms on deforested land in the Amazon rainforest, claiming the deal has created an uneven playing field. Aprosoja-MT, based in western Mato Grosso state, says the agreement fostered “a purchasing […] Read more
Rain swells Mississippi River, speeding U.S. soy exports
Deeper water is allowing crop handlers to supply exporters with more grain per barge and to lash more barges together
CHICAGO (Reuters) — Exporters have shipped soybeans from the busiest U.S. grains port at the fastest rate in nearly four years after rain raised water levels in the Mississippi River, government data showed. Some 60 per cent of U.S. soy exports depart from Gulf Coast terminals that draw supplies from barges traveling south on the […] Read more
China’s soybean plans appear to come up short
The country has used subsidies to encourage farmers to grow more of the crop, but the results have not been impressive
SASKATOON — China’s attempt to become more self-sufficient in soybeans is fizzling, according to an analyst. The Ministry of Agriculture and Rural Affairs’ 2021-25 five-year plan set a target of boosting production of the oilseed to 23 million tonnes by 2025, according to Dim Sums, an anonymous blog about China’s agricultural economy. Related stories: That […] Read more
Sustainability program for soybeans expands
Industry says Sustainable Canadian Soy program creates value for farmers and encourages exporters to work together
Interest in the Sustainable Canadian Soy program has nearly tripled since its launch last year, and the international customers who were asking for the program are happy with the results. “This is a great success story for our industry. The complete value chain came together to seize an opportunity to enhance value for growers, exporters […] Read more
Vegetable oil prices expected to climb
Demand increased by 5.9 million tonnes in the crop year that just ended, while supply could rise by 1.6 million tonnes By Sean PrattSASKATOON — Vegetable oil prices will continue to climb during the crop year, according to an industry analyst. “Oilseed consumers and producers will have to prepare for higher prices in (the) 2024-25 […] Read more
Speedy U.S. harvest strains producers, storage
A massive influx of corn, soybean crops pressures tired workers and stretches the storage system to the breaking point
CHICAGO, Ill. (Reuters) — U.S. farmers are harvesting two of the largest corn and soybean crops in history at the fastest pace in years, straining their physical capabilities and grain storage capacity. The massive influx of crops is testing growers who are already grappling with grain prices near four-year lows, stiff competition for global export […] Read more
Early maturing soybeans
The quest for a Western Prairie comeback faces challenges
Seed companies continue to improve their early-maturing soybean varieties, but no one is holding their breath for a rebound west of the Manitoba border. “That whole Saskatchewan market has kind of faded away, so a lot of the really early genetics are just kind of sitting on the back shelf, and nobody’s really been asking […] Read more
Man. crops punch above their weight this year
Late season conditions appear to have given crops a boost as yields are higher than Statistics Canada’s earlier forecast
Glacier FarmMedia – Soybean yields could break a provincial record this year. According to the Oct. 8 Manitoba Agriculture crop report, with 70 per cent of the soybean harvest complete, reported yields are between 35 and 60 bushels an acre, with an average of 45. That was also the estimated yield range in the prior […] Read more
