Soybean Market Outlook – Moe Agostino,

One of the good news items this fall has been the soybean story. Yields in Ontario this fall were outstanding, reaching record highs in some areas of the province while at the same time off combine prices reached seasonal highs.  Demand is strong for soybeans from countries like China.  Already everyone is speculating on the battle of acres between corn and soybeans.  The other added issue is the addition in the last five years of hedge funds speculating on core commodities like soybeans.  For many farmers (and analysts for that matter) this whole scenario is hard to decipher between all the data and constant information from around the globe.

Many farmers are wondering what happens next for soybeans through the winter. Recently the January future bumped off of 1348 and have found some resistance around 1200.

soybean chart jan 11

Moe Agostino, discusses his view of the soybean price outlook and sheds some light on the coming months as beans try to battle corn to secure acres in Ontario and the US.

If you cannot see the video below, click here


Shaun Haney

Shaun Haney is the founder of He creates content regularly and hosts RealAg Radio on Rural Radio 147 every weekday at 4PM est. @shaunhaney


Why Canada’s rural infrastructure will continue to fall behind

One of North America’s largest advantages has been the infrastructure in place to move agricultural commodities from inland to the coast for export. Farmers and ranchers complain about some of the bottlenecks and issues, but, comparatively speaking to Russia and Brazil, North American highways and byways have historically been in much better shape. That might…Read more »


Leave a Reply