Reading Time: < 1 minute Rack Petroleum Ltd.’s HedgeHog app allows users to confirm a guaranteed price for diesel for future delivery up to two years into the future.
Fuel hedging platform wins AIM innovation award
From AIM: Expect a year of drone drama
Reading Time: 2 minutes Spray regulations haven't kept up with drone advancements.
Manitoba crops advancing with warm weather: report
Reading Time: < 1 minute Warmer conditions across Manitoba during the week ended July 16 helped advance crop growth, with recent rainfall leaving most of the province with wet or optimal soil moisture conditions, according to the latest provincial crop report.
Off the ‘slightly muddier’ beaten path at Discovery Farm
Reading Time: < 1 minute The "Off the Beaten Path" demonstration tour presented by BMO at the Ag in Motion farm show July 16-18, highlighted the multi-year research underway by several companies at the 610-acre site, with the improved moisture levels in 2024 helping provide new data for the ongoing projects.
Short position in canola edges lower, while soybeans/corn rise
Reading Time: < 1 minute The managed money short position in canola futures edged lower in the latest data, while bearish bets in soybeans hit their largest level in five years and the net short position in corn set a new record, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Alberta crop conditions steady at 74 per cent good-to-excellent
Reading Time: < 1 minute Warm temperatures helped keep crop conditions well above average in Alberta during the week ended July 9, although heat stress could become a concern without cooler temperatures and more precipitation in the weeks ahead, according to the latest provincial crop report.
CBOT weekly: Good weather leads to new lows in Chicago soybeans and corn
Reading Time: < 1 minute Soybean and corn futures at the Chicago Board of Trade fell to fresh contract lows in early July, as relatively favourable growing conditions and bearish technical signals weighed on values.
Prairie drought conditions improve in June: AAFC
Reading Time: < 1 minute Above-normal precipitation and cooler temperatures helped drought conditions improve across most of the Canadian Prairies in June, according to the latest drought monitor report from Agriculture and Agri-Food Canada showing conditions as of June 30.
Fund short position in canola at four-month high to start July
Reading Time: < 1 minute Fund traders continued to add to their large net short positions in canola as the calendar flipped to the final month of the 2023/24 marketing year for the crop, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Old crop feed barley in a steady downtrend
Reading Time: < 1 minute Farmers still holding onto old crop feed barley in hopes of better prices may be out of luck this year, as bids continue to drift lower with attention in the market turning to the upcoming new crop.
A message from April Stewart, Country Guide's Associate Editor
