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Corn

Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)
Corn, Crops, Reuters

After growing GM corn for decades, some U.S. farmers open to Mexican restrictions

Biden administration seeks to challenge ban

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Reading Time: 3 minutes Chicago | Reuters — Mexico has found unexpected allies as it tries to limit imports of genetically modified (GM) corn: some U.S. farmers who grow the crops. Farmers have for decades planted GM corn, which protects against insects and herbicides, with seeds sold by companies such as Bayer, Corteva and ChemChina’s Syngenta. But as believers […] Read more
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: U.S. planted acres in flux

USDA's next WASDE due out Tuesday; ending stocks expected to increase

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Reading Time: 2 minutes MarketsFarm — Ahead of the April supply and demand report from the U.S. Department of Agriculture (USDA), Scott Capinegro of Barrington Commodities said he expects ending stocks to increase — while planted acres are likely to change. “After looking at the [quarterly grain] stocks numbers, you would think they would be lowering ending stocks just […] Read more
CBOT May 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Chicago futures lower on U.S. weather outlooks

Traders keep eye on warming trend for northern states

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Reading Time: 2 minutes Mexico City | Reuters — Chicago corn futures closed lower on Wednesday after a day of ups and downs on improved weather outlooks for planting season in the U.S. and market readjustments from technically oversold positions, traders said. The prospect of a drier, warmer spell boosting spring field work in the northern farm belt that […] Read more
CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago grains down on better weather, profit-taking

U.S. winter wheat crop rating reported at lowest since 1989

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Reading Time: 2 minutes Mexico City | Reuters — Chicago grains futures closed lower on Tuesday as traders took profits, analysts said, while improving weather forecasts eased concerns about planting in the United States. Blizzard warnings were posted on Tuesday across most of the northern Plains spring wheat belt, but forecasts called for a turn to warmer and drier […] Read more
Flags marked the spot for consistent sampling throughout the season.
Corn, Crops

Sampling plant tissue for a mid-season boost

Precision ag technology provides an opportunity to determine if applications are effective

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Reading Time: 5 minutes Growers are challenged to achieve the highest yields with the least inputs, and more agronomists, advisors, technicians and researchers are interested helping them focus on specific soil and plant needs such as what macronutrients and micronutrients are needed, and when and where is best to use them. The 2022 growing season was the first year […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Canola short position finally subsiding

CBOT wheat, corn also net short

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Reading Time: < 1 minute MarketsFarm — After hitting the largest speculative short position in canola on record, managed money fund traders were finally covering those bearish bets in late March, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of March 28, the net managed money short position in canola futures […] Read more
CBOT May 2023 soybeans with 20-day moving average (right column) and NYMEX May 2023 West Texas intermediate crude oil (black line, left column). (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago soybeans, wheat up on energy boost

Crude oil jumps on surprise OPEC+ output cuts

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Reading Time: 2 minutes Mexico City | Reuters — Chicago soybean and wheat futures closed higher on Monday, boosted by a rally in energy markets and concerns over U.S. crop conditions. Corn closed lower, however, as weather forecasts showed slightly drier conditions that would be favourable to planting, analysts said. Oil prices spiked after a surprise announcement by OPEC+ […] Read more
CBOT May 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans climb on supportive USDA data

Corn mixed; May wheat unchanged on day

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose 2.1 per cent on Friday, climbing back above US$15 a bushel for the first time since mid-March after the U.S. Department of Agriculture’s forecast for 2023 plantings and its March 1 soy stockpiles estimate both came in at the low end of trade expectations. Corn futures ended […] Read more
(Photo courtesy Canada Beef Inc.)
Cereals, Crops, Markets

Feed weekly outlook: Prices continue to soften as April approaches

Seeding start in Alberta remains a question mark

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Reading Time: 2 minutes MarketsFarm — Corn is still moving into feedlots in southern Alberta as it approaches not only the end of its contracts, but also the end of winter. “We’ve been seeing here in Lethbridge prices at $395-$400 per tonne ($10.03-$10.16 per bushel),” said Erin Harakal, trade manager at Agfinity Inc. at Stony Plain, Alta. “It seems […] Read more

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