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Crops Crops

To be effective, a good stewardship strategy should provide options for this year and a glimpse ahead to next year.
Crops

The stewardship challenge in farming

With field management getting more complicated, it’s time for a new approach

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Reading Time: 7 minutes As the 2020 planting season approaches, growers, advisors, agronomists and industry stakeholders are all hoping for something better than the past two years. Does every year have to have a challenge like 2019’s difficult harvest, or 2018’s run-in with gibberella ear rot (GER) in corn? If it weren’t for the headaches imposed by weather, a […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Durum holds steady, other spring wheats down

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mostly lower for the week ended Thursday, due to declines in U.S. markets. Support came from a weaker Canadian dollar. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats were lower, while Canada Western Amber Durum (CWAD) was steady to higher. Average CWRS (13.5 […] Read more
Burnett on Markets: Global grain stocks offer false sense of food security
Crops, Markets

Burnett on Markets: Global grain stocks offer false sense of food security

In event of production shortfall, 60 per cent of available stocks would never be available to market

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Reading Time: 2 minutes The economic parallels from the COVID-19 epidemic are quickly changing from comparisons to the recent financial crisis in 2008-09 to the Great Depression. My parents and grandparents lived through the Depression and it did have many impacts on their everyday lives. The main symbol of the Depression-era mentality was the two enormous chest freezers in […] Read more
CBOT May 2020 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago wheat stabilizes

Corn steady after lows; soybeans continue to slip

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Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures rose on Friday, as traders wrestled with conflicting signals — from concerns over export demand of U.S. crops to the potential of weather risks. Corn futures edged higher on bargain shopping, consolidating above a 3-1/2 year low this week, while soybeans fell slightly, traders said. The modest gains […] Read more
Bulk wheat being loaded on a ship in a Russian port. (YGrek/iStock/Getty Images)
Crops, Markets, Reuters, Spring Wheat

Russia will suspend grain exports for six weeks if quota runs out mid-May

Several supplies to Egypt might be affected, traders say

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Reading Time: 2 minutes Moscow | Reuters — Russia, the world’s biggest wheat exporter, will suspend grain exports until July 1 once its export quota is exhausted, which is currently expected to happen in mid-May, its deputy agriculture minister Oksana Lut said on Friday. Russia last fully banned wheat exports in 2010 when drought hit its harvest, rocking global […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Funds add to net short position in canola

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Reading Time: < 1 minute MarketsFarm — Fund traders put more new bearish bets on canola in the second week of April, adding to their net short position, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 38,129 […] Read more
Valero Energy’s ethanol plant at Aurora, S.D., about 90 km north of Sioux Falls. (Valero.com)
Corn, Crops, Reuters

COVID-19 spurs new clash between Big Oil, Big Corn

Flagging consumption leads to pressures on U.S. fuels, biofuels

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Reading Time: 3 minutes New York | Reuters — A fuel demand meltdown caused by the coronavirus outbreak in the United States has started up a new fight between the oil and agriculture industries over the nation’s biofuel policy, this time over whether the policy should be suspended or expanded as a result of the crisis. The issue once […] Read more
A container terminal at the Port of Vancouver. (FangXiaNuo/E+/Canada)
Crops, Machinery, Markets, Pulses

Logistics, lack of containers hamper pulse crop movement

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Reading Time: 2 minutes MarketsFarm — Logistics disruptions due to COVID-19 are hampering nearby movement of pulses, according to a number of industry participants speaking Thursday on a webinar organized by the Global Pulse Consortium. However, the longer-term impact of the pandemic remains to be seen. “The shipping industry has been hugely impacted by COVID-19,” Chris Oliver, nautical director […] Read more
(Photo courtesy Canada Beef Inc.)
Cereals, Corn, Crops, Markets

Feed weekly outlook: Prices steady, demand quiet

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Reading Time: < 1 minute MarketsFarm — Demand for feed grains has slowed down on the Prairies due to uncertainty in cattle markets posed by the COVID-19 pandemic. Many cattle processing and packing plants across North America have closed or slowed production due to lack of staff, leading to widespread issues in feed grain supply chains. “The lack of forward […] Read more
CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat slumps after Egypt again passes on U.S. product

Soybeans slip on low exports, livestock feed worries

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures retreated on Thursday as worries over favourable weather dissipated and demand concerns resurfaced after top importer Egypt passed on U.S. wheat in a purchasing tender for a second straight day. Soybean futures sagged on weaker-than-expected export sales and worries of diminished livestock feed demand, while corn firmed after […] Read more

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