Crops & Crop Production Guide

CBOT weekly outlook: U.S. wheat remains rangebound

U.S. wheat prices essentially bottomed out during late November; recovered somewhat in December

By Glen Hallick - MarketsFarm December 20, 2023

Reading Time: 2 minutes United States wheat prices have been in something of a quandary lately, with any hope of higher prices curtailed by the need to remain competitive with cheaper Russian wheat, according to Tom Lilja of Progressive Ag in Fargo, North Dakota.

Crops, Markets

Good quality Canadian malt barley despite lower yields

CDC Copeland acres declined, with AAC Synergy the most popular malting variety

By Phil Franz-Warkentin December 19, 2023

Reading Time: 2 minutes Hot and dry growing conditions cut into barley yields in Western Canada in 2023 but the quality was generally good, according to the yearly annual harvest report on barley quality from the Canadian Grain Commission (CGC).

Harvested Saskatchewan lentils. (Bobloblaw/iStock/Getty Images)

Crops, Markets

Tight Canadian lentil carryout expected

Tightest lentil stocks since July 2010 forecasted

By Phil Franz-Warkentin December 19, 2023

Reading Time: < 1 minute Canadian lentil stocks are forecast to be extremely tight by the close of the 2023/24 marketing year, which should keep prices well supported despite expectations for a smaller export program.

Soybeans ZSF24 for Dec. 18 with Bollinger bands over 20 days. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans rally as Argentina seeks to raise meal, oil export taxes

Good export demand also underpinned soybeans

By Karl Plume, Reuters December 18, 2023

Reading Time: 2 minutes U.S. soybean futures clawed back early losses and ended higher on Monday on good U.S. export demand and after Argentina's new government said it would raise export taxes on soymeal and soyoil in the world's supplier of the soy products.

Doug Chorney. (Manitoba Co-operator file photo by Allan Dawson)

Crops, General

Canadian Grain Commission chief’s term extended

NFU calls on Chorney to uphold mandate to act in producers’ interests

By Geralyn Wichers December 18, 2023

Reading Time: < 1 minute The Canadian Grain Commission (CGC) chief commissioner Doug Chorney has seen his term extended as the search continues for his replacement, CGC said today.

Crops, Markets

Speculative net short position in canola hits new record

CBOT long liquidation saw the net long position in soybeans dip

By Phil Franz-Warkentin December 18, 2023

Reading Time: < 1 minute The net short position in canola futures climbed to a new record large level in mid-December, as speculators added to their bearish bets for the second week in a row, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Crops, General, Markets

AAFC raises canola, wheat ending stocks forecasts

Pea, barley carryout estimates raised, lentils cut in half

By Phil Franz-Warkentin December 15, 2023

Reading Time: < 1 minute Glacier FarmMedia – Canadian canola and wheat carryout for the 2023/24 marketing year will likely end up above earlier projections, according to the latest Outlook for Principal Field Crops from Agriculture and Agri-Food Canada (AAFC) released Dec. 15.

Crops, Markets

Prairie cash wheat: Most Western Canadian cash prices drop

Surge in Canadian dollar weighed on Prairie cash prices

By Glen Hallick December 15, 2023

Reading Time: 2 minutes Wheat prices across the Canadian Prairies fell back for Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat, while those for Canadian Western Amber Durum were mixed.

Crops, Markets

ICE weekly outlook: Drifting market in need of outside support

South America growing conditions likely price driver in soy markets for next months

By Phil Franz-Warkentin December 13, 2023

Reading Time: < 1 minute The ICE Futures canola market remained under pressure heading into the New Year, lacking any significant supportive news of its own that could spark a move higher.

Investors are increasingly focusing on links between a healthy food system and efforts to fight global warming and preserve biodiversity. Photo: fotografixx/Getty Images

Crops, General

Sugar beet growers seek to expand sector with domestic policy

It wouldn’t stop strikes, but it would recharge Canada’s sugar industry, says producer group

By Jeff Melchior December 13, 2023

Reading Time: 3 minutes The Alberta Sugar Beet Growers want a national domestic sugar policy, which the organization says could lay the foundation for resurgence in the sector.

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

CBOT weekly outlook: U.S. wheat remains rangebound

Good quality Canadian malt barley despite lower yields

Tight Canadian lentil carryout expected

U.S. grains: Soybeans rally as Argentina seeks to raise meal, oil export taxes

Canadian Grain Commission chief’s term extended

Speculative net short position in canola hits new record

AAFC raises canola, wheat ending stocks forecasts

Prairie cash wheat: Most Western Canadian cash prices drop

ICE weekly outlook: Drifting market in need of outside support

Sugar beet growers seek to expand sector with domestic policy

A message from April Stewart, Country Guide's Associate Editor

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