Daily Network News

More News →

Crops Crops

CBOT May 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans fall further on coronavirus demand risks

Wheat slides as U.S. crop ratings hold steady

By
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures slid lower on Tuesday as fears of demand destruction for livestock feed due the closure of several U.S. meat packing plants hung over the market. Corn also inched lower, hovering near a 3-1/2-year low as it tracked crude oil markets. More than a third of the U.S. crop […] Read more
Cigi staff evaluate wheat flour for use in oriental noodles. (Cigi photo)
Cereals, Crops

Cigi, Cereals Canada vote to close merger deal

Merged body to take latter group's name; next step, naming a CEO

By
Reading Time: 2 minutes The proposed merger between Cigi and Cereals Canada has taken one of its final steps forward, with votes of approval from both organizations’ memberships. The two Winnipeg-based not-for-profit organizations announced Tuesday their memberships have approved “the amalgamation of both organizations under a unified governance and management structure.” Terms of the merger call for the consolidated […] Read more
(File photo by Greg Berg)
Crops, Markets, Reuters

U.S. grains: Soybeans drop as livestock markets drag soymeal lower

Wheat eases on global supply; corn unfazed by crude oil deal

By
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures fell more than one per cent on Monday in the market’s steepest drop in 1-1/2 weeks, as livestock processing plant closures that impact feed supply weighed on soymeal prices. Corn also sagged despite optimistic news that OPEC might curb oil production, after a deal was signed over the […] Read more
The 2018 growing season was bad for gibberella ear rot in many corn fields and it remains a challenge.
Crops

Disease outlook for the 2020 crop season

We can’t be sure which diseases will attack this year, but indications are that once they arrive, they’ll be here to stay

By
Reading Time: 7 minutes What will be the big disease concern this year? Will it be tar spot in corn, or frog-eye leaf spot in soybeans? Or will growers be facing more of the same, with soybean cyst nematode and northern corn leaf blight? Forecasting diseases is iffy at best. The truth is that most disease pathogens, once they […] Read more
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Corn, Crops, Markets

CBOT weekly outlook: Corn values stabilize

By
Reading Time: < 1 minute MarketsFarm — The April world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture didn’t hold much sway over corn on the Chicago Board of Trade (CBOT) on Thursday. Corn ending stocks for the U.S. were pegged at 53.15 million tonnes, about five million tonnes higher than the previous month’s report. However, […] Read more
CBOT May 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, wheat climb on currency

Corn rises and falls with oil

By
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean and wheat futures on Thursday posted their biggest gains in two weeks, as a falling U.S. dollar made exports more attractive against South American and Black Sea grain producers. Corn futures climbed early on strong U.S. export sales and an early jump in crude oil prices, but settled only […] Read more
Precipitation across the Prairies over the two weeks ending April 8, 2020. (Map courtesy Agriculture and Agri-Food Canada)
Crops, Markets, Weather

Burnett on Markets: Weather woes span the Prairies

By
Reading Time: 2 minutes The weather during the last half of March provided some optimism about a normal start to spring. Farmers across the Prairies were preparing equipment, taking delivery of seed and fertilizer and looking forward to getting out into the field. Then the weather in early April dropped significant amounts of rain and snow across northern and […] Read more
Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)
Canola, Crops, Markets, Soybeans

February’s oilseed crush lower than January’s

Canola, soybean crush down on month, StatsCan reports

By
Reading Time: 2 minutes MarketsFarm — As has often been the case, February 2020’s oilseed crush was lower than January’s, according to Statistics Canada’s latest report released Thursday. More than 812,600 tonnes of canola were crushed in February, down 4.9 per cent from January. Also, there were 144,260 tonnes of soybeans crushed in February, for a drop of 10.7 […] Read more
Prairie cash wheat: Bids mostly stronger
Crops, Markets, Spring Wheat

Prairie cash wheat: Bids mostly stronger

By
Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mostly stronger during the week ended Thursday, with gains observed in CWRS and CPSR wheats, while durum saw small losses. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were up $2 per tonne, according to price quotes from a cross-section of delivery points […] Read more
A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)
Crops, Markets, Reuters

USDA raises corn, soy, wheat supply outlook

Ending stocks expected up on slowing export demand

By
Reading Time: 2 minutes Chicago | Reuters — The U.S. Agriculture Department raised its outlook for domestic supplies of corn on Thursday on expectations for reduced usage by ethanol producers, as demand for the alternative fuel has been cratering due to the spread of the COVID-19 coronavirus. The government also bumped up its wheat and soybean ending stocks view […] Read more

Latest Market News

More Market News →