Reading Time: 2 minutes Chicago | Reuters — U.S. farmers are aiming to expand plantings of corn, wheat and soybeans this year, the U.S. Department of Agriculture (USDA) said in a prospective plantings report on Friday, as the ongoing war in Ukraine keeps global supplies tight. But adverse planting conditions are likely to trim back the expansion in some […] Read more
U.S. farmers aim to plant more corn, soy in 2023, but delays likely
Pulse weekly outlook: For growers, spring still far away
Just 'minor changes' expected in Manitoba acres
Reading Time: 2 minutes MarketsFarm — Springtime still seems distant for southern Manitoba as snow remains and freezing temperatures persist. However, provincial pulse specialist Dennis Lange said current conditions are setting up well for seeding after temperatures rise and snow melts. “We’re still a little ways off. There are still snow drifts in the fields in most areas of […] Read more
U.S. grains: Chicago grains up on U.S. planting uncertainty
Hard wheats 'leading the way'
Reading Time: 2 minutes Mexico City | Reuters — Chicago corn futures reversed losses to close higher on Monday on concerns about U.S. planting delays, and wheat and soy also made gains. Corn made its comeback later in the session as traders speculated on weather conditions and planting schedules for springtime crops as cold temperatures linger in the northern […] Read more
ICE weekly outlook: Canola continues its collapse
Limited demand, more farmer selling seen
Reading Time: 1 minute MarketsFarm — After losing $62 per tonne the week before, the May contract on the ICE Futures canola market extended its losses for the week ended Wednesday with little relief on the horizon. Winnipeg-based trader Jerry Klassen of Resilient Commodity Analysis said the massive selloff is the result of farmers realizing there wouldn’t be a […] Read more
Canary seed set for more acres
Crop seen as competitive against wheat for area in West
Reading Time: 2 minutes MarketsFarm — While the price of canary seed in Western Canada has come down over the past couple of years, there is optimism that acres devoted to the specialty grain will increase in 2023. David Nobbs, pulse merchant for Purely Canada Foods in Saskatoon and former chair of the Canary Seed Development Commission of Saskatchewan, […] Read more
Ukraine faces lack of herbicides, pesticides for spring seeding
About a third of needed chemicals reported to be at hand
Reading Time: < 1 minute Kyiv | Reuters — Ukrainian farmers, which have already started the 2023 spring sowing, have only around 35 per cent of the herbicides and pesticides they need, analyst APK-Inform quoted on Monday official data as showed. The Russian invasion has left Ukraine seriously short of finances, seeds and crop protection products, which could have a […] Read more
CBOT weekly outlook: Argentina estimates lowered, but attention soon shifting north
U.S. corn, soyoil export outlooks 'a little concerning'
Reading Time: 2 minutes MarketsFarm — Sizeable reductions to Argentina’s soybean and corn crops were confirmed in the latest supply/demand estimates (WASDE) from the U.S. Department of Agriculture, with more reductions likely in future reports. However, attention in the markets is starting to shift to North American weather, with spring seeding just around the corner. “The USDA was a […] Read more
Pulse weekly outlook: Manitoba growers not worried about Merit situation
Pea, canola protein processor in receivership
Reading Time: 2 minutes MarketsFarm — After Manitoba-based plant protein processor Merit Functional Foods went into receivership last Wednesday, Manitoba Pulse and Soybean Growers (MPSG) executive director Daryl Domitruk said it is not a microcosm of the province’s pulse industry. Domitruk said MPSG learned about Merit’s financial situation through the media. He also added that some Manitoba pea growers […] Read more
U.S. winter wheat growers seed into dust as Plains drought persists
Reading Time: 3 minutes Chicago | Reuters — With seeding roughly halfway complete, the 2023 U.S. hard red winter wheat crop is already being hobbled by drought in the heart of the southern Plains, wheat experts said. Seeding plans may be scaled back in the U.S. breadbasket despite historically high prices for this time of year, reflecting rising global […] Read more
Manitoba’s sunflower crop smaller, better
Global supply, demand outlooks remain uncertain
Reading Time: 2 minutes MarketsFarm — If Canada’s 2022 sunflower seed harvest is to be the lowest in five years, you wouldn’t know it talking to producers of the crop. In its July satellite image-based principal field crops estimates released Monday, Statistics Canada projected sunflower seed production for the 2022-23 marketing year at 61,996 tonnes, 24.2 per cent lower […] Read more
A message from April Stewart, Country Guide's Associate Editor
