Reading Time: < 1 minute CNS Canada – Soybeans saw a modest corrective bounce to end the month on Oct. 31, but the general downtrend remains intact, with more losses likely, according to an analyst. “I remain bearish on soybeans over the short-term as the window is closing for the U.S. to provide China soybeans before South America comes online,” […] Read more
CBOT weekly outlook: Trade woes keep soybeans pointed lower
Weather weighed on 2018 Manitoba crop year
Reading Time: 2 minutes CNS Canada – Conditions were variable across Manitoba throughout the 2018 growing season, according to the provincial crop report released Oct. 29. As of Oct. 29, provincially 97 per cent of the total crop was harvested. Crops completely finished include winter wheat, fall rye, field pea and dry bean. The spring wheat, barley, oat and […] Read more
Alberta farmers make large harvest progress
Reading Time: < 1 minute CNS Canada – After weeks of no harvest progress, farmers in Alberta were able to get back into the fields and make significant harvest progress over the last week, according to the provincial crop report released Oct. 26. The Alberta harvest is now 78 per cent completed as of Tuesday, Oct.23, jumping up 28 per […] Read more
Canadian farmers race to reap wheat while sun shines, but damage done
Reading Time: 2 minutes Winnipeg | Reuters – Sunny skies may allow Canadian farmers to swiftly make up for harvest delays this week, wrapping up a nightmarish season for some. But while the harvest is finally on its way in the third-biggest wheat-exporting country, weather troubles look to dent farm incomes due to quality problems that are also forcing […] Read more
U.S. grains: Soybeans hit one-week low on export woes
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to a one-week low on Friday and recorded a second straight weekly decline, pressured by fresh cancellations of U.S. soybean sales, traders said. Corn futures fell for a fourth straight session and also notched a weekly drop, while wheat futures firmed after a three-session slide. Chicago Board […] Read more
U.S. grains: Soybeans down as exports disappoint, weather improves
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell more than two per cent on Thursday, with the benchmark November contract recording its largest single-day decline since August, on disappointing weekly export sales and improving U.S. harvest weather, analysts said. Corn and wheat followed the weak tone. Chicago Board of Trade November soybeans futures settled down […] Read more
Feed weekly outlook: Grains flood Alberta market
Reading Time: 2 minutes CNS Canada — Feed grain prices in Alberta have come down as producers have rushed to sell downgraded crops. “Last week the phones were blowing up… right now I think we’re seeing some better weather, so everyone’s outside and the phones are probably going to light up again next week,” said Nelson Neumann, grain trader […] Read more
CBOT weekly outlook: Soybeans trend higher, with meal
Reading Time: < 1 minute CNS Canada –– Soybean and corn futures at the Chicago Board of Trade both saw some strength over the past week, and could see some additional upside, according to an analyst. Harvest delays due to poor weather and speculative short-covering accounted for some of the recent strength in the futures, according to Sean Lusk, director […] Read more
Ready, set go! Harvest reprieve hits Prairies
Reading Time: 2 minutes CNS Canada — Prairie farmers struggling to get crops off fields under wet, cold conditions are about to get a reprieve — if they haven’t seen warmer weather already in their area. Natalie Hasell, a weather preparedness meteorologist for Environment Canada in Winnipeg, said most regions of British Columbia, Alberta, and southern and central Saskatchewan […] Read more
U.S. grains: Soy, corn retreat from highs on improving weather
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean and corn futures fell on Tuesday on improving harvest weather in the Midwest crop belt and some profit-taking a day after both commodities neared two-month highs, traders said. Wheat followed the weak trend after a choppy session. Chicago Board of Trade November soybeans settled down 6-3/4 cents at $8.84-3/4 […] Read more
A message from April Stewart, Country Guide's Associate Editor
