REUTERS — At least three U.S.-bound cargo ships are preparing to load with soybeans at two ports in northern Brazil in the first such bulk shipments since last summer, according to shipping data seen by Reuters. The unusual shipments from Brazil, the top global soy supplier, to the United States, the No. 2 exporter, are […] Read more
Tag Archives Soybeans — page 7
Corn-soybean intercropping put to grazing test
Brett McRae is spicing up his corn grazing system this year. He’s got more than one variety growing — a grazing-oriented option and the typical silage corn — but the real experiment is happening beneath the canopy. This year, the corn shared space with forage soybean and hairy vetch. The beans were “very impressive,” he […] Read more
Canola, cereal crops slow waterhemp’s spread west
CLANDEBOYE, Man. — Soybeans and waterhemp go together in Manitoba like peanut butter and jelly. Find a field of soybeans and you may find waterhemp. “That’s almost always where we find it,” said Kim Brown, provincial weed specialist with Manitoba Agriculture. Tall waterhemp is a Tier 1 noxious weed in the province, which means it […] Read more
Renewable diesel plans unrealistic: analyst
SASKATOON — The renewable diesel math does not add up, says an economist. The U.S. Environmental Protection Agency issued a final rule in June 2023 establishing a mandate for four to 4.5 billion gallons of renewable diesel and biodiesel by 2025. In the meantime, the U.S. biofuel industry has announced plans for six billion gallons […] Read more
Prairie soybean acreage increase has a ceiling
Specialists say the crop is a ‘sub-tropical species’ that likely can’t reach four to five million acres in Western Canada
Not long ago, soybean advocates were expecting the crop to reach four to five million acres in Western Canada. After several years of drought, industry experts are now saying that soybeans can still perform on the Prairies, but likely on a smaller number of acres. “I think Manitoba will probably end up at 1.5 to […] Read more
Global markets watch Argentina’s export taxes
SASKATOON — Michael Cordonnier did a double take after reading that Argentina’s export taxes are heading higher. After all, newly elected president Javier Milei had campaigned on a platform that included slashing those very same taxes. “He’s doing exactly the opposite of what he promised 10 minutes ago,” said the publisher of the Soybean and […] Read more
Company seeks stinkweed acres in the U.S.
Also known as pennycress, the winter oilseed crop could make its way north to Canada once hardy varieties are developed
SASKATOON — Kevin Cook wants farmers to grow more weeds. He is the vice-president of breeding at CoverCress Inc., a company that has successfully converted stinkweed, also known as pennycress, into a viable winter oilseed cover crop. The initial target market for the crop will be the central United States but it could eventually make […] Read more
Soybean prices have more upside than corn
SASKATOON — Todd Hultman is picking soybeans over corn in 2023-24. “If you want to hang onto one of them, soybeans definitely have the better bullish potential,” he told farmers attending the 2023 DTN Virtual Ag Summit. The United States Department of Agriculture is forecasting 245 million bushels of U.S. soybean ending stocks in 2023-24. […] Read more
Weather extremes in South America bedevil soybean forecasting
It is hot in Brazil, so hot that pop star Taylor Swift had to postpone concerts in Rio de Janeiro last week, after a first concert where the heat might have contributed to one fan’s death. This event, that occurred as the heat index (accounting for humidity) in the city approached a staggering 58.5 C, […] Read more
Bright spot seen in China’s embrace of GM crops
China is getting close to commercially producing a variety of genetically modified crops and that is good news for Canadian growers, says an industry official. China’s Ministry of Agriculture and Rural Affairs recently approved 37 GM corn and 14 GM soybean varieties for cultivation. The approvals are part of a pilot program introduced in 2021 […] Read more
