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Corn, Markets, Reuters

Brazil moves closer to China corn exports as Beijing approves traders

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Reading Time: 2 minutes Beijing/Sao Paulo | Reuters – Chinese customs updated its list of approved Brazilian corn exporters on Wednesday, a move a Brazilian agriculture official said could jumpstart sales of corn to the world’s second-largest economy. The approvals could reshape global trade flows and result in fewer sales for farmers in the United States, the world’s top corn supplier. […] Read more
A combine in the Interlake runs against the setting sun on Nov. 1, 2022, in an effort to wrap up harvest. Photo: Greg Berg
Crops, Markets

Manitoba nets average crops in 2022 after wet spring

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Reading Time: 3 minutes MarketsFarm – Wet spring conditions delayed seeding operations across much of Manitoba to start the 2022 growing season, but warm summer conditions allowed for good development with yields for most crops showing a marked improvement over the drought-stricken 2021 harvest, according to the final crop report of the season from Manitoba Agriculture. On a crop-by-crop […] Read more
Mycotoxins, such as vomitoxin, are produced primarily by Gibberella ear moulds (seen here) and can be disruptive when fed to livestock, especially hogs. Photo: OMAFRA
Corn, Crops, Reuters

U.S. corn farmers wary of vomitoxin, latest stress on global grain supplies

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Reading Time: 2 minutes Chicago | Reuters – A fungus that causes “vomitoxin” has been found in some U.S. corn harvested this fall, causing headaches for growers and livestock producers and forcing ethanol plants and grain elevators to scrutinize grain deliveries. The situation is another hit to global grain supplies that have sunk to the lowest in a decade since Russia […] Read more
Cargo ship Despina V, carrying Ukrainian grain, is seen in the Black Sea off Kilyos near Istanbul, Turkey November 2, 2022. Photo: Reuters/Umit Bektas
Markets, Reuters

Ukraine grain export deal back on as Russia resumes participation

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Reading Time: 4 minutes Ankara/Kyiv | Reuters – Russia said on Wednesday it would resume its participation in a deal freeing up grain exports from war-torn Ukraine, reversing a move that world leaders had said threatened to exacerbate global hunger. Moscow announced the sudden reversal after Turkey and the United Nations helped keep Ukrainian grain flowing for several days […] Read more
The general manager of a pulse processing plant in Saskatchewan predicts “stability” in organic markets for 2023. Photo: Getty Images
Crops, Markets

Webinar reveals thoughts on present, future of organic markets

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Reading Time: 2 minutes MarketsFarm – Ten representatives from companies buying or producing organic crops took part in a webinar discussing the markets for those crops hosted by SaskOrganics on Oct. 27. The marketing webinars, which are held bi-annually before spring seeding and after harvest, are designed to connect organic grain buyers and producers as well as provide information […] Read more
Supporters of Brazil’s President Jair Bolsonaro block highway BR-060, during a protest against President-elect Luiz Inacio Lula da Silva who won a third term following the presidential election run-off, in Abadiania, Brazil, October 31, 2022. Photo: Reuters/Ueslei Marcelino
Markets, Reuters

Trucker blockades in Brazil increase in wake of Bolsonaro election loss

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Reading Time: 2 minutes Sao Paulo | Reuters – Truckers who support Brazil’s outgoing President Jair Bolsonaro escalated their protests on Monday, blocking roads in 16 states in an action that could affect agricultural exports in one of the world’s top food producers. Bolsonaro lost Sunday’s election to leftist former President Luiz Inacio Lula da Silva, but has yet to concede […] Read more
Bunge’s refined and specialty oils segment turned in stronger quarterly earnings in the Americas and Europe. Photo: Thinkstock
Reuters

Crop merchant Bunge raises full-year profit outlook

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Reading Time: < 1 minute Agricultural commodities trader Bunge Ltd BG.N on Wednesday raised its full-year earnings outlook after posting an adjusted third-quarter profit that topped expectations, sending its shares up about 2 per cent in premarket trading. The improved forecast was attributed to favorable market conditions as tight global crop supplies and strong demand have benefited supply chain middlemen […] Read more
At 11 on-farm locations across Manitoba in 2020, only four sites showed a statistically significant yield difference.
Corn, Crops

Split N fertilizer application a good option

Manitoba corn trials suggest it’s not a yield booster, but it can be a yield maintainer

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Reading Time: 6 minutes The verdict is out on split nitrogen applications in Manitoba corn. After years of small-plot and on-farm field-scale trials, it appears that split N can provide some flexibility for farmers to adapt to conditions as the season unfolds but, generally, they should only expect the practice to maintain yield, not increase it.  “For many people, […] Read more
AAFC made some small tweaks in its estimates for the 2022/23 wheat crop. Photo: Greg Berg
Crops, Markets

AAFC tweaks some numbers as canola, pulses remain unchanged

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Reading Time: < 1 minute MarketsFarm – While Agriculture and Agri-Food Canada made some changes in its October supply and demand estimates from September, the department didn’t make any alterations to its data for canola, pulses and special crops. The department released its report during the late afternoon of Oct. 21. Of the grains and oilseeds, AAFC’s most notable revisions […] Read more
CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (dark green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn, soy end higher but below session peaks

Weaker U.S. dollar supportive

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat, corn and soybean futures edged higher on Friday, recovering from overnight weakness on spillover support from friendly outside markets, traders said. “Equities went from lower to sharply higher, the dollar from higher to lower, and I think that spurred some buying in grains,” said Don Roose, president of U.S. […] Read more

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