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U.S. grains: Soy futures rally on dry Argentina weather

Attention turns to next week's USDA supply-demand outlook

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures prices pushed higher on Friday, notching a fourth straight weekly gain, as dry weather in Argentina continued to fuel worries about global supplies of the oilseed. Corn futures rebounded from a three-week low reached in the previous session, while wheat futures also edged higher. Concerns increased over crops […] Read more

U.S. grains: Soybeans jump on inclement South American weather

Weekly U.S. corn export sales miss expectations

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures settled higher on Thursday as adverse weather across South America fueled concerns about a short-term supply crunch. The market briefly turned lower late in the trading session amid gains in the U.S. dollar that make U.S. farm goods less attractive to importers, traders said (all figures US$). Prices […] Read more



ICE weekly outlook: Canola back where it started

Day-to-day movements seen as tough to predict

Reading Time: 2 minutes MarketsFarm — ICE canola futures are pretty much back where they were a week ago after losing ground, only to recover by small — and then strong — gains. The May canola contract finished at $765.20 per tonne on Friday and closed Wednesday at $767.30. In between, the lowest close for May was $735.20. That […] Read more


CBOT weekly outlook: High U.S. corn prices cut into ethanol production

Reading Time: 2 minutes MarketsFarm — Upcoming reports from the U.S. Department of Agriculture are expected to steer Chicago Board of Trade (CBOT) futures, at a time when high corn prices in the U.S. may be cutting into ethanol production in that country. According to the U.S. Energy Information Administration’s report released on March 3, 849,000 barrels of ethanol […] Read more

Carbon tax rebate on grain drying fuels coming

Jim Carr reiterates Bibeau's pledge from last week

Reading Time: 3 minutes Farmers can expect a rebate on carbon taxes paid on fuels used to dry grain, Jim Carr, the federal cabinet’s special representative for the Prairies, told the Canadian Crops Virtual Convention on Tuesday. However, he didn’t provide any details. “There is promising news on this front,” Carr told the meeting, hosted by the Canola Council […] Read more


Higgins winter barley in southern Alberta on July 6, 2019. Stamp Seeds has discontinued trials of this variety due to winterkill concerns, but is currently running a demonstration plot of a promising new two-row European variety.

Barley getting through the winter

The search for hardy varieties continues, both in Eastern and Western Canada

Reading Time: 4 minutes Winter barley produces a higher-yielding, lower-moisture grain than spring-seeded barley. It’s appealing as a forage crop, as a cover crop and as a means of diversifying rotations. But in most of Canada, there’s just one problem — winter. In Europe, winter malting barley is favoured over spring barley for its longer growing season and ability […] Read more

U.S. grains: Soy futures consolidate after gains

Excess rain in Brazil underpins soy, corn futures

Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures fell on Wednesday as the markets consolidated after rallying in the previous session. Strength in the U.S. dollar weighed on prices, analysts said, because a firm dollar makes U.S. farm products less attractive to importers (all figures US$). For soybeans, there was a “lack of fresh […] Read more


Farmers Edge launches IPO

Digital ag firm makes first public share offering to big demand

Reading Time: 2 minutes Manitoba’s best-known digital agriculture firm is now a publicly-traded company. Farmers Edge, founded in 2005 in Pilot Mound, Man. by agronomists Wade Barnes and Curtis MacKinnon, has carved out a niche using field-centric data, artificial intelligence and its FarmCommand data management platform. CEO Wade Barnes called it an exciting day during an online press conference […] Read more

Pulse weekly outlook: Turkey’s record-level lentil imports expected to decrease

Country's domestic acreage expected up in 2021

Reading Time: 2 minutes MarketsFarm — Canadian lentil exports to Turkey reached unprecedented numbers in 2020. According to Statistics Canada data, Turkey imported 534,160 tonnes worth $355 million during the calendar year, making it the second-largest buyer of Canadian lentils behind India. Last year’s total nearly equalled the amount of lentils Canada exported to Turkey over the previous three […] Read more