Crops & Crop Production Guide

U.S. grains: Corn retreats from two-week high on mixed weather outlook

By Tom Polansek June 14, 2024

Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade corn futures eased on Friday, a day after hitting a two-week high, as global crop weather looked mixed, analysts said. Wheat and soybean futures also declined, with the strong dollar making U.S. farm products less attractive to importers. Traders are monitoring U.S. weather as corn crops approach a […] Read more

Pea plants emerge in between stubble in a field. Dry peas are leading the way in emergence in Alberta at more than 96 per cent. Photo: File

Crops, News

Seeding in Alberta nearly complete, with strong emergence

By Glen Hallick - MarketsFarm June 14, 2024

Reading Time: 2 minutes Spring planting in Alberta was virtually complete according to the province’s latest crop report. As of June 11, seeding in Alberta was a smidge under 100 per cent complete provincewide and on par with the five-year average. The Peace River Region ranked 100 per cent complete for its major crops, while the south, central, northeast […] Read more

Markets, Spring Wheat, Winter Wheat

Prairie Wheat Weekly: Prairie wheat bids trend lower with U.S. futures

By Phil Franz-Warkentin June 14, 2024

Reading Time: 2 minutes Spring wheat bids in Western Canada fell sharply lower during the week ended June 13, seeing a continuation of the previous week’s declines as losses in the United States futures weighed on values. Average Canada Western Red Spring (13.5 per cent) wheat prices were down by C$16.00 to C$18.40 per tonne across the Prairies, according […] Read more

Crops, Markets, Reuters

U.S. grains: Corn hits two-week high as US, global weather worries lift grains

By Tom Polansek June 13, 2024

Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade corn futures set a two-week high on Thursday on concerns about rising temperatures in the U.S. farm belt. Global weather worries also helped support grain markets, after the U.S. Department of Agriculture trimmed its outlook for world 2024-25 corn and wheat ending stocks in a monthly report on Wednesday. […] Read more

Crops, News

Saskatchewan spring planting virtually complete

By Glen Hallick - MarketsFarm June 13, 2024

Reading Time: < 1 minute At 98 per cent complete, spring planting in Saskatchewan has essentially wrapped up for 2024, although for rain has delayed farmers’ last rounds in the northeast and east-central regions of the province. For the week ended June 10, it was the northeast that received the most precipitation in Saskatchewan. The province’s latest crop report noted […] Read more

The federal government has invested over $5 million to spur growth and resilience in the barley sector. Photo: InnaTarasenko/iStock/Getty Images Plus

Barley, News

Funding boost announced for barley research in Western Canada

By Miranda Leybourne June 13, 2024

Reading Time: 2 minutes The federal government has invested over $5 million into the barley sector, aimed at creating more resilient varieties that can handle climate change. Federal Agriculture and Agri-Food Minister Lawrence MacAulay on June 12 announced $5,257,073 earmarked for the Canadian Barley Research Coalition. The funding echoes similar announcements for research clusters dedicated to commodities like canola […] Read more

New crop pricing for barley is becoming available at levels lower than old crop prices, says grain broker Agfinity. Photo: File

Barley, Corn, Markets

Feed weekly: Prairie barley market steady with good new crop projections

By Phil Franz-Warkentin June 13, 2024

Reading Time: < 1 minute Feed barley bids are holding relatively steady in Western Canada, showing little movement over the past month as end users await the new crop amid relatively favourable growing conditions. Drought fears had encouraged some demand earlier in the year, but “now that those fears have been alleviated, (buyers) are starting to dig in,” according to […] Read more

Cereals, Reuters

Strategie Grains cuts EU wheat crop forecast as harvesting starts

By Gus Trompiz June 13, 2024

Reading Time: 2 minutes Paris | Reuters – Strategie Grains lowered its monthly forecast for this year’s soft wheat crop in the European Union, confirming its expectation for a four-year low in production as harvesting gets under way. The consultancy now sees 2024/25 soft wheat production in the 27-country bloc at 121.8 million metric tons, 1.7 million tons less […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat sags on uncertain demand outlook; corn firm, soy lower

By Julie Ingwersen June 12, 2024

Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures fell about 1.5 per cent on Wednesday as worries about global export demand and a year-on-year rise in U.S. inventories overshadowed support from a shrinking Russian wheat crop, analysts said. Corn futures firmed while soybeans declined after the U.S. Department of Agriculture’s monthly supply/demand reports offered few market-moving surprises. Chicago Board […] Read more

Canola, Markets

ICE weekly: Canola futures volatile amidst selling, rainy weather

By Adam Peleshaty - MarketsFarm June 12, 2024

Reading Time: 2 minutes Intercontinental Exchange (ICE) canola futures went on a rollercoaster ride during the week ended June 12. The July contract failed to record consecutive gains or losses during the week, with prices ranging from C$615.40 to C$641.80 per tonne. The November contract, which traded as high as C$662.90 earlier in the week, fell to its lowest […] Read more

Daily Network News

Wheat breeding system no longer works, Canadian Wheat Research Coalition report says

Feed grain weekly: Barley steady in late February

Reduced Argentine soybean harvest, bigger crush says USDA attaché

Crops