GRAINS: Soybeans hit over one-week high, U.S. old-crop supply tightens — July 23, 2014


Reuters — Front-month soybean futures rose to their highest level in more than a week on Wednesday, supported by firming U.S. cash markets as supplies of old-crop soybeans dwindle with the autumn harvest still about two months away, traders said. Corn futures fell to a fresh four-year low while wheat was mixed in choppy trade. […]

Panel’s report likely to tie farm antibiotics to human resistance — July 23, 2014


Reuters — A White House advisory committee is expected to acknowledge the link between antimicrobial resistance in humans and livestock being fed antibiotics when it issues its report in the next few weeks, according to the transcript of a committee meeting held earlier this month. But how much of the public health problem can be […]

ICE Canada weekly outlook: canola under pressure, for now — July 23, 2014


CNS — ICE Futures Canada canola futures moved lower in sympathy with the weakening Chicago soy complex during the week ended July 23. And, the canola futures market will likely remain under pressure if soybean and other oilseed futures move lower in the near term. “Until the (Canadian canola) production is more certain, the futures […]

ND wheat tour continues — yields variable in northwest — July 23, 2014


Bowbells, North Dakota/Reuters — Spring wheat yield potential in northwestern North Dakota was seen as variable, with much of the crop behind its typical development schedule following late planting, scouts on an annual tour found on Wednesday. On one route through Ward, Mountrail and Burke counties, scouts on the Wheat Quality Council’s annual tour projected […]


In control… ahead of the market

These farm planning strategies can elevate 
soybean returns, even in a volatile year

In business circles, there’s the five-year plan, the two-year plan and even the one-year and the six-month plan, each with its own sub-plans loaded with hard production and financial targets. They’re a fact of life, and they are crucial management tools. Just ask any manufacturer, or the owner of any store that turns the kinds […]

Slow sales, transportation keep Prairie feed grain supported — July 23, 2014


CNS — Feed grain prices are above milling prices in some areas of Western Canada right now due to complicated travel logistics and patient farmers, says an industry analyst. “Just in general right now, farmers aren’t really big sellers of crop,” said Charlie Pearson, a provincial crops market analyst at Alberta Agriculture and Rural Development. […]

Tour sees ‘extraordinary’ wheat crop in North Dakota — July 23, 2014


Bismarck, North Dakota/Reuters — Big spring wheat yields were projected in southern North Dakota as abundant soil moisture and cool weather helped foster crop development following an uneven planting season, scouts on an annual crop tour found on Tuesday. “I think we have seen an extraordinary crop,” said Dan Wogsland, executive director of the North […]

Rapeseed crop may not be as big as first thought in W.Europe — July 23, 2014


London/Reuters — Rapeseed production in Western Europe looks set to increase this season but early promise may not be fully realized, crop analysts said on Wednesday. Crops were sown in favourable conditions, enjoyed a safe passage through winter and had healthy growth in the spring but yields have failed to meet expectations in both north-east […]

East-west pattern continues — July 23, 2014


Temperatures for the Prairies continue the warmer west/cooler east pattern, with yesterday’s (July 23) highs reaching 30 C over southern Alberta, part of the Peace River region and part of southern Saskatchewan. Central and eastern regions were in the low 2os. To find current weather information from more than 1,000 stations in the WeatherFarm network, […]

GRAINS: U.S. corn slides to 4-yr lows on bright harvest prospects — July 22, 2014


U.S. corn futures drifted to fresh four-year lows on Tuesday, erasing early gains as favorable weather forecasts bolstered expectations for a bumper harvest, traders said. Wheat followed corn down. Soybeans closed mostly lower, led by new-crop months, but the spot August contract rose on export demand for U.S. soybeans and soymeal. At the Chicago Board […]