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Crops, Lentils, Markets, Peas

Pulse weekly outlook: Peas, lentils see some strength

Lentil trade watching India

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Reading Time: < 1 minute MarketsFarm — Canadian pea and lentil markets have shown some post-harvest strength in recent weeks, with good offshore demand providing support. “On the yellow pea side, it’s China, and on lentils, it’s basically India,” Marcos Mosnaim, of Globeways Canada, said of the strength in both markets. Yellow peas are currently trading as high as $7.50 […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans end down on harvest pressure

Chicago corn, wheat futures climb

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Monday on the outlook for favourable harvest weather in the heart of the Midwest, where producers are poised to sell soybeans and store their corn, analysts said. Traders were also squaring positions ahead of quarterly grain stocks reports due midweek from the U.S. Department of Agriculture. […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy firm after four days of losses

Chicago wheat futures weak

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Friday, bouncing back from four straight days of declines on a mild round of bargain buying, traders said. But wheat futures weakened, weighed down by a firm dollar, which makes U.S. supplies more expensive to overseas buyers. Soybeans fell 4.1 per […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Harvest pressure weighs on corn, soybeans

CBOT wheat futures firm

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Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures dropped to their lowest in more than a week on Thursday, with investors locking in gains made from a recent rally as combines rolled across key production areas of the Midwest, traders said. “The grains appear to be in full-on profit-taking mode this week as the […] Read more
(File photo)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prairie grain prices on rise despite harvest

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Reading Time: < 1 minute MarketsFarm — Feed barley and wheat prices in Western Canada have been showing some unusual strength in late September, with prices rising despite seasonal harvest pressure. “Right now we’ve been seeing a lot of talk about exports and the need for feed at feedlots,” said Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. […] Read more
ICE November 2020 canola (candlesticks) with 20- and 100-day moving averages and CBOT October 2020 soyoil (blue line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola backs off two-year highs

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Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts have shown weakness in recent trading sessions, after hitting two-year highs last week. The November canola contract, which closed Sept. 16 at $530.20 per tonne, has since lost over $10, closing Wednesday at $519.60. “Last week when canola moved up very strongly, it just sort of got ahead of […] Read more
Wine grapes are seen hanging with remnants of smoke and ash at Hanson Vineyards at Woodburn, Oregon, about 45 km south of Portland, on Sept. 17, 2020. (Photo: Reuters/Shannon Stapleton)
Crops, Fruit/Vegetables, Grapes, Reuters, Weather

Charred U.S. west’s ‘wet ashtray’ wine grapes left to birds

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Reading Time: 3 minutes Reuters — Heavy ground smoke clouded Hanson Vineyards in Oregon’s picturesque Willamette Valley for more than a week following a Labour Day windstorm that kicked up wildfires across the western United States. Jason Hanson expects his crews may only harvest five tons of grapes, including his Chardonnay and Gamay varieties, down from the 25 to […] Read more
(Greg Berg photo)
Crops, Markets, Oats

Oats values hold steady at harvest

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Reading Time: < 1 minute MarketsFarm — The oats market in Western Canada is holding relatively steady despite seasonal harvest pressure, although yields failed to live up to earlier expectations. “Steady at harvest time is good,” said Scott Shiels, grain procurement merchant with Grain Millers in Yorkton. Prices often dip at harvest time due to increased deliveries, he noted, but […] Read more
Chickpeas. (CalypsoArt/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Chickpea production expected up in 2021

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Reading Time: 2 minutes MarketsFarm — Following an expected 11.4 per cent drop in Saskatchewan’s chickpea harvest this year, provincial pulse specialist Dale Risula is expecting an increase in 2021. In Statistics Canada’s most recent field crop report, issued last week, chickpea production in Saskatchewan was estimated to have dropped from 224,600 tonnes in 2019 to 199,010 tonnes this […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy lower as harvest pressure overshadows buying

Egypt buys Russian wheat at international tender

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures ended lower on Tuesday, retreating from early strength as pressure from the expanding U.S. harvest outweighed support from continued soy sales to China and strength in soymeal futures, traders said. Corn futures drifted lower on strong U.S. crop ratings and promising Midwest harvest weather, but wheat gained on […] Read more

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