U.S. grains: Wheat, soy futures hit multi-year highs

U.S. grains: Wheat, soy futures hit multi-year highs

Dry weather in U.S., Russia, Argentina supports wheat prices; soybeans, corn rise as Brazil also dry for planting

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and soybean futures soared to multi-year highs on Wednesday as unfavourable weather threatened production in exporting countries. Dryness has raised concerns among traders about the prospects for wheat planting in the U.S. Plains and the Black Sea region and for soybean planting in Brazil. Weather in the southern U.S. […] Read more

Keeping the corn plant weed and stress free early allows the plant to form a larger cob, up to its genetic potential.

Focus on the ear leaf in corn production

Keeping the corn plant weed and stress free early allows the plant to form a larger cob, up to its genetic potential

Reading Time: 6 minutes It seems every growing season brings something new for growers to manage. Sometimes it’s a new disease or its anticipated arrival. Other years, it’s learning to cope with the impact of weather conditions, or a sudden weed flare-up. It’s a testament to modern agricultural science that the more we learn, the more questions we ask. […] Read more


(Dave Bedard photo)

Canadian corn, soybean stocks increase

Reading Time: < 1 minute MarketsFarm — New stats show larger soybeans and corn stocks in Canada as of July 31 when compared to the same time last year. Statistics Canada issued its updated report on stocks of grain and oilseeds on Tuesday morning. The federal agency said combined farm and commercial stocks of corn rose by over 29 per […] Read more

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Pulse weekly outlook: Above-average year for yellow, green peas

Reading Time: < 1 minute MarketsFarm — It was a pretty good year for yellow and green peas, according to Allan Johnston of Johnston Grains at Welwyn, Sask. “The weather was so good and the harvest was so good. Everybody got their crops off in excellent shape,” he said. The most recent weekly crop reports from Manitoba and Saskatchewan indicated […] Read more


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Second Seeds Canada merger vote to proceed sans CSGA

Seed Growers membership had voted against amalgamation deal

Reading Time: 2 minutes A proposal to combine Canada’s seed industry groups into a single organization, to be dubbed Seeds Canada, will be subject to a new vote, this time with one less group on board. The Canadian Seed Trade Association (CSTA), Canadian Plant Technology Agency (CPTA); Commercial Seed Analysts Association of Canada (CSAAC) and Canadian Seed Institute announced […] Read more

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

U.S. grains: Dry weather pushes CBOT wheat, soy to multi-year peaks

Chicago corn also rallies

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat and soybean futures jumped to multi-year highs on Tuesday, supported by concerns about dry weather in key production areas, traders said. Corn futures hit their highest level in 8-1/2 months, joining in the rally as the U.S. harvest pace fell below expectations despite ideal weather for field work. But […] Read more


Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)

Syngenta buys biologics group Valagro

Reading Time: < 1 minute Zurich | Reuters — Syngenta, the Swiss agrichemicals giant owned by ChemChina, has acquired Italian biologicals group Valagro, a company with US$175 million in 2019 sales that uses natural solutions to fight pests and diseases and to improve crops. Syngenta said in a statement Tuesday the acquisition positioned its crop protection business as a key […] Read more

File photo of a U.S. cotton crop. (BCFC/iStock/Getty Images)

Study shows how U.S. farm landscapes could be reshaped by climate

Plains' wheat belt would see 'hollowing-out'

Reading Time: 2 minutes London | Thomson Reuters Foundation — Climate change could render swaths of agricultural land largely useless for farming in the U.S. South, and force Midwestern farmers to move corn and soybeans elsewhere as crop yields decline, researchers said on Monday. The profits of growing six key crops are set to fall by almost a third […] Read more


K.C. December 2020 hard red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat futures jump on weather woes

CBOT corn flat, soy firm

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rallied on Monday with K.C. hard red winter wheat hitting a two-year high on concerns that dry soils will crimp yields in key production areas around the world, traders said. Corn futures were steady, supported by the strong gains in the wheat market while soybeans closed firm on […] Read more

(Dave Bedard photo)

CN, CP set third-quarter records for grain movement

Reading Time: < 1 minute MarketsFarm — Canada’s big two railways again reported moving record amounts of Canadian grain during the third quarter of 2020. Canadian National Railway (CN) reported Monday it had shipped 7.76 million tonnes of grain by rail, and Canadian Pacific Railway (CP) said Friday it had moved 7.72 million tonnes. For CN that not only marked […] Read more