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Corn

(Photo courtesy Canada Beef Inc.)
Cereals, Crops, Markets

Feed weekly outlook: Barley, wheat prices continue downward

Oats, canola meal also bound for feedlots

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Reading Time: 2 minutes MarketsFarm — As colder temperatures descend onto the Prairies, buying activity for feed barley and wheat was just as frigid. “A lot of guys are fairly caught up with purchasing,” said Mike Fleischhauer of Eagle Commodities Inc. in Lethbridge. “You see the prices of wheat and barley start to trickle down a little bit. Corn’s […] Read more
CBOT March 2023 soft red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, soy, corn up on strong export report

South America crop progress limits corn, soy gains

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat, corn and soybeans jumped on Thursday on support from a government report that showed strong overseas demand for all three commodities, traders said. “We had some decent export sales compared to what we have seen the last few weeks and that trend, particularly for corn and wheat, is likely […] Read more
Manitoba Agriculture soil specialist John Heard gave a graphic presentation of N losses at last summer’s Crop Diagnostic School.
Corn, Crops

A down then up year for Prairie corn

Troubles due to a wet spring, but mostly ideal conditions from then on

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Reading Time: 5 minutes With fertilizer prices climbing, some corn growers in Western Canada — particularly in Manitoba — went into the 2022 season with hopes of capitalizing on large N carryovers because of the drought over the previous two years. But a wet spring washed those hopes away, especially in sandier soil regions, as N leached out and […] Read more
CBOT March 2023 soybean oil (candlesticks, right column) with Bollinger bands (20,2) and CBOT March 2023 soybean meal (black line, left column). (Barchart)
Crops, Markets

CBOT weekly outlook: Commodities largely rangebound after USDA report

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Reading Time: 2 minutes MarketsFarm — Although soyoil on the Chicago Board of Trade has fallen back for five consecutive days as of Tuesday, it has remained rather rangebound, according to trader Ryan Ettner of Allendale Inc. in McHenry, Ill. “We’re actually at prices where it was in early August,” Ettner said, pointing to something of a back-and-forth shifting […] Read more
CBOT March 2023 soft red winter wheat with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat futures rise on Ukraine war concerns

March corn sags, March soybeans up

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Wednesday on concerns that any intensification of Russia’s war on Ukraine could clog the export pipeline from those two major exporters. “I think the market is trying to price in an increasing likelihood that an escalation … turns into a European theatre war,” said Mike Zuzolo, […] Read more
Balancing quality and quantity is central in the search for silage-specific hybrids.
Corn, Crops

Going for nutrition rather than bushels per acre

Silage-specific corn hybrids can offer better returns in beef and milk

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Reading Time: 5 minutes When commodity prices are higher than normal, it’s sometimes hard to switch gears and think about corn production using a metric other than bushels. But precision agriculture techniques can also be used to maximize feed characteristics for meat and milk production.  At the 2022 edition of Canada’s Outdoor Farm Show, seed companies were distributing their […] Read more
CBOT March 2023 soft red winter wheat with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line), (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Chicago wheat, corn climb after weather pressure

Investor optimism on economy helps underpin grains

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Reading Time: 2 minutes Chicago | Reuters — Chicago wheat and corn futures firmed on Tuesday, supported by investor optimism after easing a day earlier on precipitation in both Argentina and the U.S. Plains. Soybean futures began the day firmer but failed to maintain support as forecasts in South America call for more rain. The most-active wheat contract on […] Read more
CBOT March 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans fall as rain expected to aid Argentine crop

Snow in U.S. Plains pressures wheat

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures dropped on Monday for a fourth consecutive session as rainfall in Argentina’s parched growing areas diminished concerns over crop damage. Wheat fell to nearly 16-month lows as snow and rain across parts of the U.S. Great Plains brought needed moisture to winter wheat crops, while corn followed wheat […] Read more
(Dave Bedard photo)
Crops, Markets

AAFC issues first look at 2023-24

Oats production expected down significantly on year; wheat, canola up

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Reading Time: < 1 minute MarketsFarm — Agriculture and Agri-Food Canada (AAFC) has released its first crop projections for 2023-24, forecasting a very notable drop in oats. In AAFC’s January supply and demand estimates, released Friday, it cut oat production to 3.611 million tonnes, down almost 31 per cent compared to 2022-23. The department chopped the carryout for oats by […] Read more
CBOT March 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans sag on improving Argentine crop weather

Chicago wheat up on weekly sales data

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures hit a one-week low on Friday, declining for a third straight session as traders fixated on forecasts for welcome rains in drought-hit Argentina, analysts said. Corn ended mostly lower on the Argentine weather outlook, but better-than-expected weekly U.S. grain export sales limited losses in corn and lifted wheat […] Read more

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