Reading Time: 2minutes Chicago soybean prices plunged on Monday to the lowest since October 2020, as forecasts for rain in the U.S. crop belt alleviated concerns over the potential impact on crop yields from hot and dry weather.
Reading Time: 2minutes Chicago Board of Trade soybean and corn futures plunged on Friday but were set for weekly gains, as weather forecasts indicated positive news for crops in the central United States.
Reading Time: 2minutes Major crops were rated at 55.3 per cent good to excellent, down from 72.9 per cent the previous week. The south region’s crops were rated 77.2 per cent good to excellent, while the northeast region was at 62.5 per cent and the Peace region was at 57.3 per cent. Conditions in the northwest region fell to 37.7 per cent and the central region dropped to 32.4 per cent, for declines of 40.1 and 29.8 points, respectively.
Reading Time: < 1minute The province received variable precipitation this spring which had pathologists and producers expecting the arrival of members of the leaf spot complex. However, Kelly Turkington with the Agriculture and Agri-Food Canada Lacombe Research and Development Centre said they may have been scorched by the July heat wave.
Reading Time: 2minutes Despite temperatures exceeding 30 degrees Celsius on the Prairies and a weakened Canadian dollar, Western Canadian spring wheat prices were mixed and those for durum were lower during the week ended July 25.
Reading Time: 2minutes Chicago | Reuters – Chicago soybeans and corn strengthened on Thursday as worries about the August weather forecast in the central U.S. took centre stage. Meanwhile, slow demand and cheap Russian exports pressured wheat as a crop tour in North Dakota forecast high spring yields in the United States, according to analysts. Hot, dry weather […] Read more
Reading Time: < 1minute The hot and dry weather present in much of the Prairies for much of July may not have yet put a dent in production numbers. Matt Beusekom, trader for Market Place Commodities in Lethbridge, Alta., said while the heat is pressuring crops, good harvests are still expected for now. “(The heat) has definitely had an […] Read more
Reading Time: 2minutes Precipitation has more or less returned to normal in Saskatchewan, but that also means cereal growers need to be more aware of leaf and other diseases, says a plant pathologist.
Reading Time: < 1minute The amounts of Canadian oilseeds crushed, as well as those for grains delivered, saw slight increases compared to the year before, according to Statistics Canada (StatCan). Domestic producers crushed 861,671 tonnes of oilseeds last June, more than the 821,292 crushed in June 2023. The June canola crush was reported to be 776,354 tonnes, with 334,909 […] Read more
Reading Time: 2minutes Devils Lake, North Dakota | Reuters – U.S. spring wheat crops in northwest and north-central North Dakota are expected to produce the highest yields since at least 1994, the Wheat Quality Council said on an annual tour on Wednesday. Crop scouts estimated the average hard red spring wheat yield at 53.7 bushels per acre, up […] Read more