Reading Time: < 1 minute MarketsFarm — The looming harvest may keep a lid on the upside in the ICE Futures canola market over the next month as participants wait to get a better handle on the size of this year’s crop. “We’re still at the mercy of trying to determine what size of crop we have,” said MarketsFarm Pro […] Read more

ICE weekly outlook: Canola enters volatile harvest period
Outside veg oil markets limit the downside

Pulse weekly outlook: Chickpea market neither bullish nor bearish
Market players awaiting harvest
Reading Time: 2 minutes MarketsFarm — Hot and dry growing conditions earlier in the growing season cut into Canada’s chickpea yields in 2023-24, but quality should be good if the weather co-operates through the harvest. Canadian farmers planted 315,600 acres of chickpeas in 2023, which was well above the 233,800 acres seeded the previous year, according to Statistics Canada […] Read more

Saskatchewan Crop Report: Dryness continues as harvest begins
Since April 1, the entirety of the province received 200 mm or less of rain
Reading Time: < 1 minute MarketsFarm – With the exception of a handful of areas, most of Saskatchewan remained dry for the week ended July 31 as harvest operations began in the province’s southwest and west-central regions. Areas north of Prince Albert and northwest of Kindersley, as well as inside and around Hudson Bay each saw more than 30 millimetres […] Read more

ICE canola weekly outlook: Prices trending down ahead of harvest
Harvest pressure may not be that large this year says analyst
Reading Time: < 1 minute MarketsFarm – ICE Futures canola contracts lost ground during the week ended Aug. 2, as spillover from outside markets and easing concerns over the state of the crop ahead of the harvest weighed on values. Excessive heat during the flowering period in June and July caused canola prices to climb higher, but the market is […] Read more

Saskatchewan crops a mixed bag
Some cereal crops beyond harvesting with plans to salvage for feed
Reading Time: 2 minutes Marketsfarm – There was a wide mixture of the results in the latest crop report from Saskatchewan Agriculture. Parts of the province were hobbled by drought conditions, while other areas received upwards to 40 millimetres of rain following a series of thunderstorms during the week of July 18 to 26. The desiccation of pulse crops […] Read more

At Ag in Motion: Combine settings app makes the world your neighbour
'Oh, have you tried this concave?'
Reading Time: 2 minutes Trevor Scherman and partner Megan Madden are making it easy for farmers to connect during harvest time to get the best settings for their combines. It’s an idea that Scherman says arose from the same philosophy as the ScherGain Solutions System he previously co-founded with his father. That system involves the use of a drop […] Read more

At Ag in Motion: Harvest weed control still in the mix
'You’re not going to spray your way out of this'
Reading Time: 3 minutes It’s a relatively new solution to the age-old problem of trying to get rid of weeds without broadcasting the seed or using increasingly less effective herbicides — mechanical separation and pulverization of weed seed. Harvest weed seed control might not be a golden bullet to tackle glyphosate-, fluroxypyr- and dicamba-resistant weeds, but according to Agriculture […] Read more

U.S. grains: Wheat surges on slow harvesting, poor crop conditions
Corn hits 2-1/2-year low and ends mixed, soy mostly firm
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged on Wednesday as slow winter wheat harvesting and deteriorating spring crop conditions fuelled buying and short covering that lifted prices from 2-1/2-week lows. The wheat rally pulled corn up from 2-1/2-year lows despite expanded plantings and recent rains that lessened concerns about drought-reduced yields. Soybeans firmed on […] Read more

Rapeseed production expected down in EU
USDA attache sees more soy, sunflower
Reading Time: 2 minutes MarketsFarm — Rapeseed production in the European Union (EU) is expected to see a small decrease in the 2023-24 marketing year, according to the U.S. Department of Agriculture’s (USDA) European Union attaché in Vienna. In a Global Agricultural Information Network (GAIN) report released Wednesday, the EU’s 2023-24 rapeseed crop is expected to total 19.3 million […] Read more

India’s rapeseed output to be steady
El Nino may be a spoiler
Reading Time: 2 minutes MarketsFarm — Rapeseed production in India has been forecast to remain quite consistent, according to the U.S. Department of Agriculture (USDA) attaché in New Delhi. The attaché projected rapeseed production for 2023-24 to hold at 11.5 million tonnes, the same in 2022-23. USDA’s official numbers placed India as the world’s No. 4 producer of rapeseed, […] Read more