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(Peggy Greb photo courtesy ARS/USDA)
Crops, Pulses, Weather

Pulse weekly outlook: Edible beans in good shape for now

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Reading Time: 2 minutes CNS Canada — Manitoba’s edible bean crops are generally in good shape, although too much moisture could become a concern. Canadian farmers intended to plant 246,000 acres of edible beans in 2018, which would be down slightly from 333,000 the previous year, according to Statistics Canada data. Of that total, Manitoba edible bean area was […] Read more
(Dave Clark photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn, soy drop to new lows as rains soak Midwest

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures dropped to fresh multi-month lows on Monday as widespread rains across the Midwest farm belt bolstered production outlooks for recently planted crops. Wheat futures also eased as rainfall in Western Australia took the edge off global weather worries, although declines were limited as dry weather persisted […] Read more
Emergence in an Ontario soybean field. (File photo by John Greig)
Crops, Markets, Reuters

U.S. grains: Soybeans slump on trade worries, good weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures slid for a fifth straight session on Friday and registered the steepest weekly decline in 10 months as favourable U.S. crop weather and concerns over slowing export trade weighed on prices. Corn futures edged up on short-covering after dipping to multi-month lows on good Midwest crop weather. Wheat […] Read more
(Ablokhin/iStock Editorial/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: U.S./China trade uncertainty weighs on soy

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Reading Time: 2 minutes CNS Canada — Trade uncertainty between China and the U.S., along with good U.S. growing conditions, is pressuring the soybean market on the Chicago Board of Trade (CBOT). During the week ended Wednesday, the July CBOT soybean contract dropped about 30 cents to $9.9425 per bushel (all figures US$). “The trade uncertainty is a major […] Read more
(Photo courtesy Water Management Research Unit, ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn sags on long liquidation, favourable crop conditions

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell on Friday on technical selling including fund-driven long liquidation along with strong crop prospects amid mostly favourable weather in the U.S. Midwest, analysts said. Wheat futures also declined as the U.S. winter wheat harvest began while soybeans closed firm as traders awaited news from U.S.-China trade talks […] Read more
(Stephen Ausmus photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn, wheat hit one-month lows

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures fell to one-month lows on Wednesday, a day ahead of monthly U.S. Department of Agriculture reports that are expected to confirm big crops and plentiful global grain supplies, analysts said. Soybeans closed fractionally lower after a choppy session. Chicago Board of Trade December corn settled down […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters, Weather

U.S. grains: Spring wheat futures top US$7 on weather worries

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Reading Time: 2 minutes Chicago | Reuters — U.S. spring wheat futures surged 3.4 percent on Wednesday, topping US$7 a bushel for the first time in nearly three years on worries that stressful weather will curb production of the high-quality milling wheat, analysts said. The jump in Minneapolis Grain Exchange (MGEX) spring wheat lifted Chicago Board of Trade wheat […] Read more
The Northern Lights over Winnipeg as seen from the International Space Station in January 2012. (NASA.gov)
Crops, Weather

Grain trade still wary of satellite-based StatsCan estimates

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Reading Time: 2 minutes CNS Canada — Statistics Canada’s second attempt at using satellite imagery to determine the size of the country’s crops is in line with trade guesses when it comes to canola — but market participants are still taking the new methodology with a grain of salt. The model-based principal field crop estimates, released Tuesday, are calculated […] Read more
(WeatherFarm.com/weather-maps)
Crops, Weather

Timing of rain ‘ideal’ for Prairie crops

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Reading Time: < 1 minute CNS Canada — Well timed weekend rains across Western Canada have benefited germinating canola crops and soil conditions — but some areas could use more moisture, one weather and crop specialist says. “In terms of the timing of the rains, they’ve been pretty well ideal,” said Bruce Burnett of G3 Canada. Showers over the week […] Read more

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