Crops
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures climbed to a seven-month high on Wednesday on U.S. export optimism and concerns over continued dryness across parts of the U.S. Midwest, traders said. Chicago corn edged lower, as a Midwest crop tour estimated higher yields, offsetting storm damage concerns in Iowa. The most active soybean contract on […] Read more
U.S. grains: Soybeans touch seven-month high on export optimism
Wheat stays firm on demand
Trump visits Iowa as officials warn storm destroyed corn crops
Reading Time: 2 minutes Cedar Rapids | Reuters — U.S. lawmakers and state officials from Iowa said on Tuesday that much of the state’s corn crop will not be harvested following a fierce windstorm last week, as President Donald Trump visited to review the damage. The destruction from the Aug. 10 derecho storm compounded troubles for a U.S. agricultural […] Read more
U.S. grains: Corn retreats from month high on clearer crop outlook
Soybeans ease after seven-month high
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures ended lower on Tuesday after hitting a five-week high on Monday as higher yields estimated on an annual Midwest crop tour tempered concern about storm damage across the Corn Belt. Soybean futures declined but held near Monday’s multi-month high as concerns over dry Midwest weather offset better-than-expected crop […] Read more
Pulse weekly: Harvest pressure now hitting lentils
Reading Time: 2 minutes MarketsFarm — As the harvest begins to ramp up across Canada, lentil prices have begun to feel some of the downward pressure. However, to Marcos Mosnaim of Globeways Canada Inc. at Mississauga, Ont. there’s more to the recent declines. “We are feeling pressure from other origins. As United States green lentils are selling much cheaper […] Read more
Getting winter wheat back on track
Insurance coverage for later seeding could help reverse the acreage decline
Reading Time: 5 minutes For many years, Prairie producers have heard about the advantages of winter wheat — high yields, less disease and weed pressure and early harvest. It’s also more duck-friendly — there’s no spring tillage to disturb their nests. That’s the pitch, but in recent years farmers haven’t been buying it. Statistics Canada reports Prairie winter wheat […] Read more
Plant-protein processor’s new processing plant gets grant
Feds, province put up cash for new equipment
Reading Time: 2 minutes The federal and Manitoba governments have added a seven-figure contribution to their support for a new facility to process plant proteins from canola and peas. Merit Functional Foods will put the additional money toward “new equipment purchases that will support the transformation of raw inputs into value-added goods.” The unspecified new technology is expected to […] Read more
U.S. grains: Soybeans near seven-month high as dryness threatens crop
Corn up one per cent after storm hits U.S. crop in key growing region
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures rallied on Monday to a nearly seven-month high on reports of dry weather in the United States, while corn futures hit their highest in a month on fresh concerns over damage from a storm in Iowa a week ago. August has been one of the driest on record […] Read more
Feds to probe complaints of wheat gluten dumping
New duties on six countries' gluten imports might follow
Reading Time: 2 minutes Federal officials are launching a probe into whether wheat gluten from six countries is being dumped in Canada at prices undercutting the domestic product. The Canada Border Services Agency (CBSA) said Friday it’s launching an investigation to determine whether “certain wheat gluten” from Australia, Austria, Belgium, France, Germany and Lithuania is being sold at “unfair […] Read more
Prairie cash wheat: Prices stabilize following tumultuous week
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were much more stable for the week ended Thursday than for previous week. After double-digit losses last week, Canada Western Red Spring (CWRS) wheat incurred only small losses, while Canada Prairie Spring Red (CPSR) experienced small gains. Canada Western Amber Durum (CWAD) went from a significant decline to […] Read more
Churchill’s shipping season to start next month
Tracks 'in good shape' leading to northern Manitoba port
Reading Time: 2 minutes MarketsFarm — There won’t be any vessels laden with grains and pulses departing from the Port of Churchill until next month, according to Murad Al-Katib, CEO of AGT Foods in Regina. “We’re in the early days of harvest, so it would be very normal to expect the first vessels to arrive in the first half […] Read more
A message from April Stewart, Country Guide's Associate Editor
