Reading Time: 5 minutes For many years, Prairie producers have heard about the advantages of winter wheat — high yields, less disease and weed pressure and early harvest. It’s also more duck-friendly — there’s no spring tillage to disturb their nests. That’s the pitch, but in recent years farmers haven’t been buying it. Statistics Canada reports Prairie winter wheat […] Read more
Getting winter wheat back on track
Insurance coverage for later seeding could help reverse the acreage decline
U.S. grains: Soybeans near seven-month high as dryness threatens crop
Corn up one per cent after storm hits U.S. crop in key growing region
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures rallied on Monday to a nearly seven-month high on reports of dry weather in the United States, while corn futures hit their highest in a month on fresh concerns over damage from a storm in Iowa a week ago. August has been one of the driest on record […] Read more
U.S. grains: Exports, storm damage offset big crop outlook
Corn, soy prices buck USDA forecasts; wheat rises on corn rally
Reading Time: 2 minutes Chicago | Reuters — Chicago corn prices surged to a four-week high on Thursday as forecasts of warmer weather and worries over recent storm damage in the U.S. Midwest countered pressure from huge government harvest forecasts. The corn rally also boosted wheat, as traders continue to debate how much impact the drought hammering Argentina’s farm […] Read more
CBOT weekly outlook: Bearish USDA report generates bullish reaction
Reading Time: 2 minutes MarketsFarm — There were marked increases in yields for U.S. corn and soybeans that bested market expectations in the supply and demand report from the U.S. Department of Agriculture (USDA). Despite those increases, corn and soybean futures on the Chicago Board of Trade (CBOT) didn’t react as anticipated. “We’re getting a friendly reaction to bearish […] Read more
Canola exports top 10 million tonnes in 2019-20
Reading Time: < 1 minute MarketsFarm — Total Canadian canola exports during the 2019-20 crop year were up nine per cent on the year, and slightly above the five-year average, according to the latest weekly data from the Canadian Grain Commission (CGC). With 229,800 tonnes exported during the final week of the 2019-20 marketing year, the preliminary total canola exports […] Read more
U.S. grains: Bearish supply outlooks spark selling in corn, soy, wheat
Wheat outlooks in Canada, Russia, Australia bearish
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell for the fourth day in a row to their lowest since June 30 as expectations kept building that growing supplies will outstrip demand even as top buyer China steps up its purchases, traders said. A bearish supply outlook also pressured wheat futures, which dropped to a one-month […] Read more
U.S. grains: Wheat, soy futures fall on bearish supply view
Chicago corn steadies
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures sank 1.9 per cent on Thursday to their lowest in nearly a month, their third decline in four sessions, with expectations for rising global supplies pushing prices lower, traders said. Corn futures steadied after hitting fresh contract lows on Tuesday, with the outlook for massive […] Read more
Crop tour suggests record-large wheat harvest ahead
Reading Time: < 1 minute Winnipeg | Reuters — Canadian farmers are on track to harvest a record-large all-wheat crop, and more canola than last year, due mainly to favourable crop conditions, advisory service FarmLink Marketing Solutions estimated Wednesday. The Winnipeg-based company’s staff toured western Canadian fields during the last two weeks of July. “We expected a big crop and […] Read more
U.S. grains: Wheat, corn futures firm
CBOT soy eases on U.S. Midwest rain forecast
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and wheat futures ticked higher on Wednesday, supported by a round of bargain buying and short-covering after posting sharp declines a day earlier, traders said. Soybean futures weakened to their lowest level since July 14, with forecasts in key growing areas of the U.S. Midwest calling for rains that […] Read more
Wheat in Beirut’s port granaries not usable
Lebanon will import wheat, economy minister says
Reading Time: < 1 minute Cairo | Reuters — Lebanon’s economy minister, Raoul Nehme, told local media on Tuesday that the wheat in Beirut’s port granaries cannot be used and that the ministry lost track of seven employees in the granaries. The minister also told local media that Lebanon will import wheat and added that the country currently has enough […] Read more
A message from April Stewart, Country Guide's Associate Editor
