Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures eased on Wednesday in a technical selling setback following two days of gains despite concerns that rainy weather in parts of the Midwest would delay harvesting and possibly damage some crops. Corn futures also fell as technical selling more than offset support from strong demand and potential harvest […] Read more
U.S. grains: Soybeans, corn ease in technical setback
VIDEO: Prairie crop tour harvest forecast
Reading Time: < 1 minute Lisa Guenther, field editor with Country Guide, talks with Bruce Burnett of Glacier FarmMedia at last month’s Ag in Motion, about the recent crop tour he took across the Prairies and which areas he saw most impacted by drought and which provinces are most likely to kick off harvest 2018.
Southern Sask. harvest underway
Reading Time: 2 minutes CNS Canada — Saskatchewan farmers are starting to get into fields, especially in the south where three per cent of the crop has been combined. Overall, producers in the province have combined one per cent of the crop, in line with the five-year average. Two per cent has been swathed or is ready to be […] Read more
Prairie pea market has more potential than lentils
Reading Time: 2 minutes CNS Canada – With limited uses for lentils, one market analyst sees more potential for the pea market in Western Canada. “On lentils we are really restricted to the edible market. Peas are an incredibly versatile product, so we’re using peas both for human consumption and they are quite usable for feed,” said Marlene Boersch, […] Read more
Dry weather not a problem for malt barley crop, so far
Reading Time: < 1 minute CNS Canada – The prairie malting barley crop is faring reasonable well in the hot, dry weather, but crop watchers will have a better idea of protein content in a couple weeks. “We’ve yet to see what this crop is. I think we’re a little early yet. Indications are that it could be a little […] Read more
Nitrate accumulation a danger in hailed-out crops
The crop, its development stage, and the amount of nitrogen in the soil all need to be considered
Reading Time: 2 minutes Think about nitrate accumulation when salvaging cereal, oilseed, or hay crops damaged by hail, says a provincial beef and forage specialist. “Nitrate accumulation occurs in a plant when it is injured and is not able to convert nitrate to protein efficiently after a hailstorm,” said Barry Yaremcio. “In non-legume crops, water and nutrients are pushed […] Read more
ICE weekly outlook: Market watching weather, acres, trade
Reading Time: < 1 minute CNS Canada — Canola futures bounced around within a rather narrow range during the week ended Wednesday, but generally trended higher as the market recovered off of the four-month lows hit on June 19. Statistics Canada releases updated acreage estimates on Friday, and any surprises in the data could provide some nearby direction. The U.S. […] Read more
U.S. grains: Corn sags on long liquidation, favourable crop conditions
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell on Friday on technical selling including fund-driven long liquidation along with strong crop prospects amid mostly favourable weather in the U.S. Midwest, analysts said. Wheat futures also declined as the U.S. winter wheat harvest began while soybeans closed firm as traders awaited news from U.S.-China trade talks […] Read more
U.S. grains: Soybeans climb on hopes for renewed demand from China
Reading Time: 2 minutes Chicago | Reuters –– U.S. soybean futures scaled to a 2-1/2-week high on Wednesday as signs of renewed Chinese demand for U.S. exports lifted prices for a fourth straight session. Corn reached a 9-1/2 month peak on concerns about planting and early crop development due to adverse weather, while wheat extended prior-session gains as dry […] Read more
How big is your market?
We must get better at understanding that the world’s commodity buyers have a growing range of options
Reading Time: 6 minutes How big is your world? Geographically, this is an easy question to answer with great precision. The diameter of the Earth at the equator is 12,756 km. Its circumference is 40,030 km along the equator, and 40,008 km through the poles. Thus the surface area of our planet is roughly 510 million sq. km. It’s […] Read more
A message from April Stewart, Country Guide's Associate Editor
