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CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans lower on the week

Traders look at long-term weather; wheat flat

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Reading Time: 2 minutes Chicago | Reuters — Chicago corn and soybean futures slipped on Friday, pressured by extended forecasts calling for cooler weather into August, though hot, dry weather in the coming week across the U.S. Midwest underpinned prices. Wheat ended lower as concerns over unfavorable weather in key exporting countries countered pressure from corn and soybeans. The […] Read more
CBOT September 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: CBOT wheat snaps winning streak

Chicago corn, soybeans also fall

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures plunged 2.6 per cent on Thursday, snapping a six-session streak of gains as traders locked in profits from the rally. Soybean futures were down two per cent, with the latest weather forecasts showing that some timely rains will arrive in key growing […] Read more
Federal Agriculture Minister Marie-Claude Bibeau, shown here with Craig Riese (l) of Keystone Agricultural Producers and Manitoba Beef Producers president Tyler Fulton, speaks on July 22, 2021 at The Forks in Winnipeg. (Dave Bedard photo)
General, Weather

Tax deferrals, crop insurance changes en route against drought

Assessments underway for AgriRecovery, minister says

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Reading Time: 5 minutes Updated — As the federal government looks to manage impacts of ongoing drought conditions in Canada’s West, producers in parts of five provinces can already expect to be eligible for the livestock tax deferral program. Agriculture Minister Marie-Claude Bibeau announced Thursday in Winnipeg that producers in drought-designated areas of southern Alberta, southeastern British Columbia, northwestern […] Read more
CBOT December 2021 oats (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Oats, Weather

Oat crop across Western Canada ‘not stellar’

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Reading Time: 2 minutes MarketsFarm — As with most other crops on the Prairies, conditions are “not stellar” for oats, according to Shawna Mathieson, executive director for the Prairie Oat Growers Association. POGA directors from across the region who participated in a recent board meeting had a rather grim outlook on the coming harvest, she said. “Not a single […] Read more
CBOT September 2021 wheat (candlesticks) with MGEX and K.C. September 2021 wheat (dark greeen and orange O/H/L/C). (Barchart)
Crops, Markets, Reuters

U.S. grains: Winter wheat futures up sixth straight day

MGEX spring wheat falls

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Reading Time: 2 minutes Chicago | Reuters — U.S. winter wheat futures rose for the sixth day in a row on Wednesday as adverse weather in key exporting countries raised supply concerns, traders said. Corn futures were steady to firm, with the front-month contract ending flat while new-crop offerings rose on support from dry soils that threatened to hamper […] Read more
File photo of the flags of Canada and its provinces and territories at Canada Place in Vancouver. (lilly3/iStock/Getty Images)
General, Weather

Request line open for AgriRecovery drought plans, Bibeau says

Formal ask needed to trigger process: ag minister

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Reading Time: 2 minutes Canada’s federal agriculture minister says the government is “ready to receive formal submissions” from provinces for AgriRecovery plans to help Prairie farmers and ranchers up against significant droughts this summer. Marie-Claude Bibeau, summarizing discussions from Thursday’s online meeting with provincial and territorial (FPT) agriculture ministers, said the formal requests “are needed to trigger the process,” […] Read more
A 3-D illustration of Bacillus anthracis bacteria. (Dr_Microbe/iStock/Getty Images)
Livestock, Pasture, Sheep/Goats, Weather

Anthrax kills southeastern Saskatchewan sheep

Spores forced up by changes in soil moisture

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Reading Time: 2 minutes Dramatic shifts in soil moisture are again bringing anthrax spores to the surface on the Prairies, this time in a southeastern Saskatchewan sheep pasture. Lab results on Wednesday confirmed anthrax as the cause of death of one animal in a flock of sheep in the R.M. of South Qu’Appelle, about 50 km east of Regina, […] Read more
CBOT December 2021 corn (candlesticks) with Bollinger bands (20,2) and September 2021 corn (yellow open/high/low/close). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Rain pushes corn to 12 per cent weekly drop

Soybeans, wheat hesitant as dry northern U.S. still a concern

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Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures dipped on Friday, losing 12 per cent for the week as rain and moderate temperatures were expected to boost U.S. Midwest crops. Wheat followed lower, but was propped up by drier conditions across the northern U.S. Plains, while soybeans inched higher on long-term forecasts returning to hot, dry […] Read more
CBOT December 2021 corn (candlesticks) with MGEX, CBOT and K.C. September 2021 wheats (green, yellow and orange lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn fall on cool, wet forecast

Wheat supported by dryness in northern Plains

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures ended lower on Thursday, pressured by cool, rainy forecasts across the U.S. growing belt, though dryness in the upper Midwest continues to threaten developing crops. Corn eased as beneficial rains aided crops entering pollination, while wheat firmed as sparse moisture reached drought-hit spring wheat regions. The most-active soybean […] Read more

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