Harvest Archives | Page 3 of 23

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

Egypt buys Russian wheat at international tender

By Christopher Walljasper September 23, 2020

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

Crops, Weather

Prairies can expect far better harvest weather this fall

By Glen Hallick - MarketsFarm September 18, 2020

Reading Time: < 1 minute MarketsFarm — Prairie farmers are likely going have good weather over the next few weeks, according to Scott Kehler of Weatherlogics. “We got a pretty significant warm-up across most of the Prairies through to the end of September. It should be fairly warm and not too much in the way of precipitation,” he said. “At […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices stronger after harvest

By Marlo Glass – MarketsFarm September 17, 2020

Reading Time: < 1 minute MarketsFarm — Feed grain prices have been higher as the harvest has concluded across most of the Canadian Prairies. “It feels like last week and this week, the harvest has wrapped up in many areas,” said Allen Pirness, a trader with Market Place Commodities in Lethbridge. “That should switch the focus for getting the crop […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola futures at two-year highs

By Phil Franz-Warkentin - MarketsFarm September 16, 2020

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts climbed to their strongest levels in two years during the week ended Wednesday, but could be nearing their highs for the time being as harvest pressure should start weighing on values. “We’re running into the top end on the monthly and weekly charts,” said Jamie Wilton, senior commodity futures […] Read more

Corn, Crops, Markets, Soybeans, Weather

StatsCan adjusts expected corn, soy harvests upward

Satellite models predict higher yields on fewer acres

By Dave Bedard September 15, 2020

Reading Time: 3 minutes Statistics Canada’s latest batch of satellite-modelled crop data includes slightly raised expectations for Canadian corn and soybean harvests this fall. StatsCan on Monday released model-based principal field crop estimates for the period ending Aug. 31, suggesting higher soy and corn numbers than seen in its Production of principal field crops report released Aug. 31, which […] Read more

Crops, Markets, Pulses, Weather

Pulse weekly outlook: Fababeans staying on field

By Marlo Glass – MarketsFarm September 10, 2020

Reading Time: < 1 minute MarketsFarm — As other crops make their way into the bin, fababeans across the Prairies are lagging behind. “They’re further behind this year because they were later going in,” said Dale McManus, a broker with Johnston Grains at Welwyn, Sask. Saskatchewan grows over half of Canada’s fababeans, and most are grown around the Yorkton area, […] Read more

Barley, Crops, Markets

Feed weekly outlook: Barley finds support in lull between old, new crops

By Phil Franz-Warkentin - MarketsFarm September 10, 2020

Reading Time: < 1 minute MarketsFarm — Feed barley bids in Western Canada are seeing some modest strength in early September, as old-crop supplies run out and the new crop is not yet available. “Prices have definitely gone up this past week,” said Mike Fleischhauer of Eagle Commodities at Lethbridge. Expectations for a good 2020 crop had farmers making space […] Read more

Canola, Crops, Markets, Weather

ICE weekly outlook: Canola shows volatility after long weekend

By Glen Hallick - MarketsFarm September 9, 2020

Reading Time: 2 minutes MarketsFarm — Although there remains a lot of canola to be combined, one trader believes most harvest pressure on the market has already passed. “The farmers who wanted to sell off of the combine or shortly after, probably have done so already,” said Jerry Klassen, an independent Winnipeg commodities trader. There will still be some […] Read more

Crops

Grain traffic at Thunder Bay up 27 per cent on year

By MarketsFarm September 9, 2020

Reading Time: < 1 minute MarketsFarm — Grain movement through the Port of Thunder Bay is reported to be up 27 per cent compared to the previous year halfway through the 2020 shipping season. A total of 5.05 million tonnes of grain were shipped through Thunder Bay as of Aug. 31, port officials said in a release. That compares with […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices gain strength

By Marlo Glass – MarketsFarm September 3, 2020

Reading Time: < 1 minute MarketsFarm — Harvest activity in the western Canadian Prairies had depressed feed grain prices at the end of August, but prices have recovered slightly. “There’s been a bit of a break in harvest activity,” Allen Pirness of Market Place Commodities in Lethbridge said. Producers in southern Alberta had been harvesting barley at the end of […] Read more

Quebec poultry packer to shut ex-Maple Leaf plant

U.S. livestock: Live cattle edge higher in subdued trade

Funds’ long position up in canola ahead of selloff

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