Reading Time: 2 minutes Reuters — U.S. corn futures inched higher on bargain buying Friday but posted a fifth consecutive weekly loss as expectations of record yields in this autumn’s harvest continued to hang over the market, traders said. Wheat rose on short-covering buying as the market consolidated above contract lows set this week, while soybeans ended mixed. At […] Read more
GRAINS: Corn bounces but posts 5th weekly loss on supply pressure
Hybrid rye to be tested in Manitoba
Reading Time: < 1 minute FP Genetics and Paterson Grain are rolling out a demonstration program for a new hybrid fall rye in Manitoba. The new hybrid, dubbed Brasetto, yields about 25 per cent higher than existing varieties, says Ron Weik, seed portfolio manager with FP Genetics. Brasetto is also four to six inches shorter than Hazlet, he adds. “And […] Read more
GRAINS: U.S. soybeans extend advance on exports, weather worries
Reading Time: 2 minutes Reuters — U.S. soybean prices rose to a near two-week high on Thursday on firm export demand and concerns that dry weather in parts of the Midwest crop belt might jeopardize yield prospects, traders said. Corn futures fell to fresh four-year lows, retreating from early gains, and wheat also fell. At the Chicago Board of […] Read more
Most Saskatchewan crops in fair to excellent condition
Reading Time: 2 minutes Saskatchewan Agriculture has issued its crop report for the week of July 15-21. A summary follows and the full backgrounder by region is attached. Crop Report July 24 2014 Haying continues in the province and livestock producers now have 42 per cent of the hay crop baled or put into silage, with an additional 49 […] Read more
U.S. spring wheat yield prospects best in 22 years
Reading Time: 2 minutes Fargo, North Dakota/Reuters — The 2014 U.S. hard red spring wheat crop was projected to yield 48.6 bushels per acre, scouts on an annual crop tour said Thursday, the tour’s highest forecast in at least 22 years. The estimate was based on samples from 373 spring wheat fields assessed during the Wheat Quality Council’s three-day […] Read more
GRAINS: Soybeans hit over one-week high, U.S. old-crop supply tightens
Reading Time: 2 minutes Reuters — Front-month soybean futures rose to their highest level in more than a week on Wednesday, supported by firming U.S. cash markets as supplies of old-crop soybeans dwindle with the autumn harvest still about two months away, traders said. Corn futures fell to a fresh four-year low while wheat was mixed in choppy trade. […] Read more
ND wheat tour continues — yields variable in northwest
Reading Time: 2 minutes Bowbells, North Dakota/Reuters — Spring wheat yield potential in northwestern North Dakota was seen as variable, with much of the crop behind its typical development schedule following late planting, scouts on an annual tour found on Wednesday. On one route through Ward, Mountrail and Burke counties, scouts on the Wheat Quality Council’s annual tour projected […] Read more
Slow sales, transportation keep Prairie feed grain supported
Reading Time: 2 minutes CNS — Feed grain prices are above milling prices in some areas of Western Canada right now due to complicated travel logistics and patient farmers, says an industry analyst. “Just in general right now, farmers aren’t really big sellers of crop,” said Charlie Pearson, a provincial crops market analyst at Alberta Agriculture and Rural Development. […] Read more
Tour sees ‘extraordinary’ wheat crop in North Dakota
Reading Time: 2 minutes Bismarck, North Dakota/Reuters — Big spring wheat yields were projected in southern North Dakota as abundant soil moisture and cool weather helped foster crop development following an uneven planting season, scouts on an annual crop tour found on Tuesday. “I think we have seen an extraordinary crop,” said Dan Wogsland, executive director of the North […] Read more
Grain bags catching on in the U.S. Midwest
Reading Time: 4 minutes Reuters — As U.S. farmers turn in record grain crops this autumn, many will have a powerful new tool — giant sausage-shaped storage bags — to help them avoid the lowest prices in years and gain more control over trade with giants such as Cargill Inc. Demand has surged this summer for the white polyethylene […] Read more
A message from April Stewart, Country Guide's Associate Editor
