Reading Time: < 1 minute MarketsFarm – Commodity fund traders added to their net short positions in canola and corn, while they maintained a steady position in soybeans, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC) as of Nov. 1. The net managed money short position in ICE Futures […] Read more
Bearish fund traders add to shorts in canola and corn
CBOT weekly outlook: Corn waits for news
Reading Time: < 1 minute MarketsFarm – Commodities on the Chicago Board of trade were range-bound and “starving for news” at midweek. Scott Capinegro of Barrington Commodity Brokers in Illinois noted that the December corn contract started the month at US$3.88 per bushel, and was currently at US$3.8850. “It went absolutely nowhere,” he said. Snowstorms in North Dakota, South Dakota, […] Read more
CBOT weekly outlook: Harvest activity drops commodities
Reading Time: < 1 minute MarketsFarm — Commodities on the Chicago Board of Trade were mostly lower Wednesday amid a slower news week and harvest activity putting pressure on prices. “We’ve had a quieter week,” said Steve Georgy of Allendale Inc. at McHenry, Ill. “The market starts to fall of its own weight as we’re in harvest season.” Harvest activity, […] Read more
Manitoba beef sector faces tight feed situation
Reading Time: 2 minutes MarketsFarm — An early snowstorm may have been the last straw for Manitoba livestock producers looking to put up feed ahead of winter. While the foot or more of heavy snow that blanketed much of the province over the Thanksgiving weekend has melted, saturated fields continue to limit corn silage harvests and hay cutting. “Feed […] Read more
CBOT weekly outlook: Corn, soy prices to continue climbing
Reading Time: < 1 minute MarketsFarm — Prices on the Chicago Board of Trade will probably continue to climb, especially for corn and soybeans, according to Scott Capinegro of Barrington Commodities. “The basis remains strong and when the basis is strong, as far as I am concerned, that means the futures should be strong,” he said. Although CBOT bids have […] Read more
Conservation tillage driving Brazil’s corn and soybean explosion
No-till farm group says no-till is the key to long-term sustainable agriculture
Reading Time: 4 minutes Crop production in Brazil has made dramatic gains in recent decades — and there’s potential for plenty more, say advocates of no till and conservation tillage in the country. In fact, members of the Brazilian Federation of No-Till Farming say no till is the key to achieving a long-term sustainable agriculture without additional deforestation. Soybean […] Read more
CBOT weekly outlook: Corn, soybeans retreat off highs
Reading Time: < 1 minute MarketsFarm — Soybean and corn prices on the Chicago Board of Trade have backed off of highs hit earlier in the week. That’s due mainly to harvest activity putting pressure on prices, according to Steve Georgy, president of Allendale Inc. at McHenry, Illinois. Corn crops across the U.S. are currently only 11 per cent harvested, […] Read more
Risk versus reward in the quest for higher corn yields
More quality criteria are steadily creeping into the conversation on corn
Reading Time: 5 minutes Farming is known for its learning moments, and one key lesson to come out of the 2018 growing season was that the chase for higher yields doesn’t come without risks or hazards. Or, as is said with maybe equal justification, no good deed goes unpunished. The past 10 years have seen incredible growth in corn […] Read more
CBOT weekly outlook: U.S. dollar, weather hurt prices
Reading Time: < 1 minute MarketsFarm — Growing strength in the U.S. dollar has hurt commodity prices on the Chicago Board of Trade (CBOT), according to Terry Reilly, grains analyst for Futures International in Chicago. The impetus for the gain was comments from U.S. President Donald Trump, who remarked a trade deal with China could come sooner rather than later. […] Read more
Ontario farmers grow corn acres, and a successful livelihood
Amos family in Ontario’s extreme northwest a good example of the pioneering spirit
Reading Time: 6 minutes In 1990, nearly 30 years ago, Amos Brielmann moved his family from Germany to the Rainy River District between Fort Frances and the Manitoba border. They settled on a farm near Pinewood, first working on a beef cattle operation just north of the village. Slowly, they began buying the farm and maintaining the herd and […] Read more
A message from April Stewart, Country Guide's Associate Editor
