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CBOT July 2020 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat slips on bumper harvest, soy up on exports

Corn inches up on technical trading, weather questions

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Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures slid again on Thursday, dropping to their lowest in more than eight months amid a bumper U.S. harvest and well-timed European rains. Soybeans and corn edged higher, on technical trading and signs weather may not be so crop-friendly across the U.S. Corn Belt in coming days. The most-active […] Read more
Barley. (Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Lower stocks support grain prices

Corn still 'competitively' priced

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Reading Time: < 1 minute MarketsFarm — Feed grain prices in Western Canada have been strong lately, as old-crop supplies reach seasonal lows. “We’re getting to the bottom of old-crop stocks,” said Allen Pirness of Market Place Commodities in Lethbridge. However, he noted, growing conditions on the Prairies have been favourable, with no indication of a “drought-induced early harvest.” Old-crop […] Read more
(Dave Bedard photo)
Crops, Machinery

Co-op Refinery, union reach tentative labour deal

Proposal now goes to ratification vote

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Reading Time: 2 minutes The operators of one of Western Canada’s biggest fuel refineries have reached a tentative deal with the union representing workers locked out since December. The deal, if ratified in an employee vote, would end the lockout at Federated Co-operatives’ (FCL) Co-op Refinery Complex (CRC), a major bulk fuel supplier to farmers and rural co-ops across […] Read more
Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops, Reuters

Louis Dreyfus adds venture capital unit

New unit's potential budget not yet discussed publicly

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Reading Time: < 1 minute Paris | Reuters — Agricultural commodities trader Louis Dreyfus Co. has launched a venture capital program to invest in food and farming firms while also announcing a change of head for its innovation business. “Over the coming months, we will invest in early-stage companies with the potential to transform the food and agriculture industries,” CEO […] Read more
Figure 1. Attempted mixing of Dual II Magnum with ATS as the carrier (left) compared to successful mixing with water (right).
Crops

Pest Patrol: The importance of doing a ‘jar test’ with fertilizers and herbicides

#PestPatrol with Mike Cowbrough, OMAFRA

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Reading Time: 4 minutes Each year I get more questions about mixing the liquid fertilizer, ammonium thiosulphate (ATS), with herbicides. With reductions in atmospheric sulphur deposits, Ontario research has shown positive yield responses in some crops when sulphur fertilizers are applied, so it makes sense that farmers are looking at ways to add sulphur to their crop in an […] Read more
(File photo by Dave Bedard)
Crops, Markets

Grain exports flow fast as pandemic lockdowns clear rail capacity

Traffic accelerates on lower coal, crude volumes

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Reading Time: 2 minutes Winnipeg | Reuters — Canadian grain exporters are boosting sales in a slumping global economy, as demand for commodities like oil weakens and frees up railway space. Brisk crop movement in a country that relies heavily on rail is a bright spot during pandemic lockdowns, which have hammered most industries. “We’ve had an almost unlimited […] Read more
ICE July 2020 canola with Bollinger (20,2) bands. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola likely to move lower

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Reading Time: < 1 minute MarketsFarm — The direction canola will move in coming weeks depends on three factors: the Canadian dollar, Prairie weather and the Chicago Board of Trade, according to Errol Anderson of ProMarket Communications in Calgary. “I’m expecting the Canadian dollar to move up a bit, just because of U.S. dollar pressure. That could pull the canola […] Read more
MGEX September 2020 spring wheat (candlesticks) and Kansas City (K.C.) September 2020 hard red winter wheat (yellow line). (Barchart)
Crops, Markets

CBOT weekly outlook: Spring wheat premium widening over winter wheat

Row crop futures stuck in sideways range

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Reading Time: 2 minutes MarketsFarm — All eyes remain on weather conditions in U.S. grain and oilseed markets, with soybeans and corn stuck in sideways patterns while seasonal harvest pressure causes the spring wheat premium to widen over the winter wheats. The advancing winter wheat harvest has weighed on Chicago and Kansas City winter wheat contracts recently, with reports […] Read more
CBOT July 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Wheat hits eight-month low as harvest advances

Soybeans gain on trade optimism; ethanol report supports corn

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Reading Time: < 1 minute Chicago | Reuters — Chicago wheat futures edged downward on Wednesday reaching an eight-month low as the U.S. harvest continues and rainfall across Europe allayed recent weather worries. Corn prices climbed after early losses, ending in positive territory on increased ethanol use, but capped by pressure from favourable weather across the U.S. Midwest, while soybeans […] Read more
(lll0228/iStock/Getty Images)
Crops, Pulses

Pulse weekly outlook: Pandemic may pose market opportunity

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Reading Time: < 1 minute MarketsFarm — Plant protein products were steadily rising in popularity before the COVID-19 pandemic set in — but that industry could also get a boost from consumers shifting away from meat in a post-pandemic world. “There’s an increased level of awareness of hygiene issues in the meat industry,” Vishal Vijay, head of business development at […] Read more

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