Reading Time: < 1 minute MarketsFarm — Corn, wheat and soybeans were all trading on a positive note at the Chicago Board of Trade (CBOT) just days before the winter holidays. According to Scott Capinegro, a broker for Barrington Commodity Brokers at Lake Barrington, Ill., a greater appetite for risk by investors and inclement weather have both supported the markets. […] Read more
CBOT weekly outlook: Corn up, but highs may not last
Feed weekly outlook: Bids high, but limited supplies mean little moving
Reading Time: < 1 minute MarketsFarm — Feed grain prices in Western Canada remain at very high levels heading into the New Year, but little is actually trading as feedlots fill up with cheaper corn from the U.S. “The volume trading of Canadian feed grains has dropped significantly,” said Jim Beusekom, of Market Place Commodities at Lethbridge, noting about 80 […] Read more
Feed weekly outlook: Wheat, barley supplies tighten, replaced by corn
Reading Time: 2 minutes MarketsFarm — The further tightening of wheat and barley feed supplies is prompting feedlots to purchase more corn from the U.S., according to an Alberta-based analyst. “We’re nine months away, or almost 10 months away from more inventory coming in. There’s not much there for wheat and barley,” said Mike Fleischhauer of Eagle Commodities at […] Read more
Feed weekly outlook: Prices strong, beginning to stabilize
Reading Time: < 1 minute MarketsFarm — Feed grain bids in Western Canada have shown some strength over the past month, but were stabilizing in early December as corn imports pick up from the U.S. Erin Harakal, trade manager at Agfinity Inc. at Stony Plain, Alta., said prices have been strong over the past month but steady over the past […] Read more
Feed weekly outlook: Prairie grains remain firm
Transport issues slow U.S. corn flow
Reading Time: < 1 minute MarketsFarm — Feed grain prices in Western Canada remain strong in late November, although looming corn imports from the U.S. should keep a lid on the upside. Feed barley in Alberta is currently topping out at $9.78 per bushel, with feed wheat above $12 in some cases, according to Prairie Ag Hotwire. Those prices remain […] Read more
Feed weekly outlook: Record imports of U.S. corn likely
Feeders will need to scale back barley usage
Reading Time: < 1 minute MarketsFarm — Canadian imports of corn from the United States are picking up and could hit a record this year, given the tight supply situation across the Prairies. The most recent export sales data from the U.S. Department of Agriculture showed Canada as the country’s largest corn customer during the week ended Nov. 11, accounting […] Read more
China proposes new rules to ease GMO approvals
Leadership seeks 'turnaround' in seed sector
Reading Time: 2 minutes Beijing | Reuters — China is planning changes to its seed regulations that will make it easier to approve genetically modified crops, a move seen as a critical step toward commercializing GM corn. The ministry of agriculture and rural affairs published a draft document late on Friday proposing a series of amendments to several different […] Read more
High priced U.S. soybeans/corn due for correction
Reading Time: < 1 minute MarketsFarm – With United States soybean and corn harvests nearing completion, anecdotal reports point to better-than-expected yields for both crops that could weigh on futures prices at the Chicago Board of Trade. “It’s amazing that here in the U.S. we have a good corn and soybean crop, considering how dry we were,” said Scott Capinegro, […] Read more
PHOTOS: Pest Patrol: Vetch in corn
#PestPatrol with Mike Cowbrough, OMAFRA
Reading Time: < 1 minute Historically, post-emergent applications of Callisto + Aatrex 480, dicamba (e.g. Engenia/Xtendimax) or Distinct have provided the best top-growth control of tufted vetch (Vicia cracca) in corn. A trial was conducted in 2021 to evaluate tufted vetch control with two newer herbicides, Laudis + Aatrex and Acuron as well as Lontrel XC (clopyralid), a herbicide that […] Read more
Co-op to capture carbon at ethanol plant, refinery
FCL, Whitecap sign agreement to sequester fuel plants' CO2
Reading Time: 2 minutes A major Prairie ethanol and fuel producer is posed to spend just over half a billion dollars on a system to capture and sequester carbon dioxide from its operations in Saskatchewan. Federated Co-operatives announced Thursday it had signed a memo of understanding with Calgary-based ‘clean energy’ company Whitecap Resources, in which the latter company will […] Read more