Reading Time: < 1 minute MarketsFarm — Colder-than-normal temperatures are in the long-range forecast across Western Canada over the next three months, while much of Eastern Canada should be warmer. The latest seasonal forecast from Environment Canada, released Friday, calls for a 50 to 90 per cent chance of below-normal temperatures from January through March for the four western provinces. […] Read more
Colder-than-normal Prairie winter forecast
U.S. grains: Soybeans, corn supported by South America dryness
Wheat ratings decline in Kansas, Oklahoma, USDA says
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean and corn futures climbed on Tuesday, underpinned by dry weather in parts of South America that could hurt yields in rival export markets, while wheat rose after a three-session decline. The most-active soybean contract on the Chicago Board of Trade (CBOT) closed 34-1/4 cents higher at $13.89-3/4 a bushel, […] Read more
CBOT weekly outlook: Corn up, but highs may not last
Reading Time: < 1 minute MarketsFarm — Corn, wheat and soybeans were all trading on a positive note at the Chicago Board of Trade (CBOT) just days before the winter holidays. According to Scott Capinegro, a broker for Barrington Commodity Brokers at Lake Barrington, Ill., a greater appetite for risk by investors and inclement weather have both supported the markets. […] Read more
U.S. EPA reviewing dicamba over crop damage claims
Reading Time: 2 minutes Chicago | Reuters –– The U.S. Environmental Protection Agency is assessing whether dicamba herbicide can be sprayed safely on soybean and cotton plants genetically engineered to resist the chemical, without the procedure posing “unreasonable risks” to other crops, an agency official said Tuesday. Farmers and scientists for years have reported problems with dicamba drifting away […] Read more
U.S. grains: Wheat futures drop on weather view
CBOT corn, soybean futures rise
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade winter wheat futures fell 1.7 per cent on Wednesday as forecasts for mild temperatures and some rain in key growing areas raised hopes that the crop will be in good condition before it heads into dormancy, traders said. “U.S. weather for wheat looks pretty good,” said Terry […] Read more
Feed weekly outlook: Wheat, barley supplies tighten, replaced by corn
Reading Time: 2 minutes MarketsFarm — The further tightening of wheat and barley feed supplies is prompting feedlots to purchase more corn from the U.S., according to an Alberta-based analyst. “We’re nine months away, or almost 10 months away from more inventory coming in. There’s not much there for wheat and barley,” said Mike Fleischhauer of Eagle Commodities at […] Read more
CN again reopens Kamloops-Vancouver corridor
'Quite a bit' of traffic shifted to Prince Rupert
Reading Time: 2 minutes MarketsFarm — After recent heavy rains forced Canadian National Railway to close its Kamloops-to-Vancouver corridor for a second time, the railway reopened its critical line to Canada’s busiest port on Sunday. CN spokesperson Jonathan Abecassis said the corridor was initially closed a second time during the most recent spell of heavy rains in southwestern British […] Read more
Canola declines, durum drops in new StatsCan estimates
Soybean, oats estimates raised
Reading Time: 3 minutes MarketsFarm — There were very few surprises in Statistics Canada’s latest principal field crop production estimates released Friday — the first in 2021-22 to use a survey of producers. Nevertheless, they quantified just how severe last summer’s drought was in Western Canada. Canola production for the 2021-22 marketing year was estimated to be 12.595 million […] Read more
CN rerouting trains, aims to re-open line to Vancouver on weekend
Reading Time: < 1 minute Reuters — Canadian National Railway (CN) said Wednesday it was aiming to reopen its track in the crucial Kamloops-to-Vancouver corridor in flood-hit British Columbia this weekend. The Pacific province, trying to rebuild after devastating floods in November, received more rain over the weekend and this week. CN operates one of the two critical rail lines […] Read more
British Columbia braces for more heavy rain
Reading Time: < 1 minute Ottawa | Reuters — British Columbia is facing more heavy rains as the province tries to recover from massive floods and mudslides, Public Safety Minister Mike Farnworth told reporters on Tuesday. Farnworth said crews were working to shore up dikes and dams, adding some roads would be closed protectively. Flooding over Nov. 14-16 in Canada’s […] Read more
A message from April Stewart, Country Guide's Associate Editor
