Crops & Crop Production Guide

Big Two railways release plans for winter

Snow-clearing equipment among investments at CN, CP

By D.C. Fraser October 27, 2020

Reading Time: 3 minutes Canada’s major railways have filed their winter contingency plans, as they are now required by law to do. Since updates to the Canada Transportation Act in 2018, Canada’s major rail companies have been required to publish winter plans and can be forced to pay up if they fail to deliver on certain promises of railcars. […] Read more

Canola, Crops, Markets

Record-high Canadian canola supplies in commercial pipeline

By MarketsFarm Team October 27, 2020

Reading Time: < 1 minute MarketsFarm — Visible canola supplies in the Canadian commercial pipeline are sitting at historically high levels, according to Canadian Grain Commission data. A total of 1.75 million tonnes of canola were sitting in commercial hands across Canada during the week ended Oct. 18 — only slightly off the record of 1.786 million tonnes set only […] Read more

CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans hit four-year peak on Chinese demand

U.S. winter wheat crop rating misses estimates

By Tom Polansek October 26, 2020

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures set their highest price in more than four years on Monday, rising for a sixth consecutive session on strong Chinese demand. Corn futures retreated from a 14-month peak hit on Friday, while wheat futures tumbled as global crop weather improved. Traders are keeping a close eye on China’s […] Read more

Crops, Markets

Canada’s wheat ending stocks projections raised

By Phil Franz-Warkentin October 24, 2020

Reading Time: < 1 minute MarketsFarm — Canadian wheat ending stocks for the current 2020-21 marketing year are forecast to be larger than earlier expectations, according updated supply/demand estimates Thursday from Agriculture and Agri-Food Canada. All-wheat ending stocks for 2020-21 are now forecast at 6.3 million tonnes, which compares with the September estimate of 5.9 million. The total wheat carryout […] Read more

Canola, Crops, Markets

Fund traders grow long positions in canola, U.S. futures

By Phil Franz-Warkentin October 24, 2020

Reading Time: < 1 minute MarketsFarm — Fund traders were on the buy side in grain and oilseed markets during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money fund traders as of Tuesday were holding a net long position in ICE Futures canola of 56,705 […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids mixed

Durum steady to lower

By MarketsFarm Team October 23, 2020

Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Friday, with gains observed in Canada Western Red Spring (CWRS) wheat and losses in Canada Prairie Spring Red (CPSR). Canada Western Amber Durum (CWAD), meanwhile, was steady to lower. Average CWRS (13.5 per cent) wheat prices were up by $2-$7 per tonne, […] Read more

CBOT December 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat, soy, corn futures up on export prospects

Wheat markets also focused on weather

By Mark Weinraub October 23, 2020

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat, soybean and corn futures rose on Friday, with strong export demand continuing to push prices higher, traders said. Wheat notched the biggest gains, pushing back toward a six-year high on concerns about drought in major production belts, coupled with a flurry of overseas tenders illustrating the robust global demand. […] Read more

(Martin Farming photo courtesy Scoular Co.)

Crops

Southwestern Ontario elevator to handle Scoular grain

Martin Farming to take grain at new elevator

By Dave Bedard October 23, 2020

Reading Time: < 1 minute Scoular Co. has set up a new delivery point for southwestern Ontario growers from whom it buys grain. The Omaha-based, privately-held grain firm announced Thursday it has made a deal with Martin Farming — which operates at Paris, just northwest of Brantford — that will direct grain to Martin’s new 22,000-tonne-capacity elevator. The agreement “allows […] Read more

Barley, Crops, Markets

Feed weekly outlook: Feedlots booking for winter underpin bids

By Marlo Glass – MarketsFarm October 22, 2020

Reading Time: < 1 minute MarketsFarm — Feed grain prices have been strong following Western Canada’s harvest, as feedlots ensure they’re covered heading into the winter. “Last week there was some buying in the deferred months, from January onward,” Allen Pirness of Market Place Commodities at Lacombe, Alta. said. Pirness said the strong prices were unexpected, noting that when prices […] Read more

The staff at Atlantic Roasted Products include (l. to r.) Paul Nabuurs (son), Anthony Nabuurs (owner and operator) and John Vos (farm employee).

Crops, Guide Business

The return of farm diversification

On this farm, widening the base of operations helps achieve crucial management goals

By Ralph Pearce October 22, 2020

Reading Time: 6 minutes When Anthony Nabuurs talks about agriculture, he looks beyond growing crops and selling what he harvests. Expanding his operation beyond planting, spraying and combining has become a necessity for his farm and for those who work with him, partly because of economics, and also because it helps overcome some of the challenges of farming on […] Read more

Daily Network News

Striking JBS workers to return to Colorado plant on promise of talks

Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

New strategies needed for Canadian agriculture to stand out in global trade