Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures fell on Wednesday as the markets consolidated after rallying in the previous session. Strength in the U.S. dollar weighed on prices, analysts said, because a firm dollar makes U.S. farm products less attractive to importers (all figures US$). For soybeans, there was a “lack of fresh […] Read more
U.S. grains: Soy futures consolidate after gains
Excess rain in Brazil underpins soy, corn futures
U.S. grains: Soy, corn up on unfavourable South American weather
USDA lowers ratings for Kansas, Texas wheat crops
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures rose on Tuesday in a turnaround from losses the previous session, as concerns increased about unfavorable weather in crop-growing regions of South America. Traders are watching the effects of heat and dryness in Argentina and rains in Brazil amid worries about potential yield losses. The countries […] Read more
Which crops were hot in 2020, and what was not
Annual summary shows the most popular cereal varieties across the Prairies
Reading Time: 3 minutes Using statistics from the provincial crop insurance corporations, the Canadian Grain Commission has released its annual summary of the most-insured cereal varieties for the previous growing season. In most cases, we’re listing only the top 10 reported varieties — for a full list visit the CGC website. Wheat Prairie-wide, Canada Western Red Spring (CWRS) remains […] Read more
U.S. grains: Profit taking pressures wheat, corn, soybeans
Warmer spell also drags on winter wheat futures
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures slid 2.8 per cent on Friday, their second straight day of declines, on a profit-taking setback as warming weather in the U.S. reduced the threat of damage to the dormant crop, traders said. Corn and soybean futures also were weaker but closed well above session […] Read more
Prairie farm slapped with plant breeders’ rights infringement penalties
Farmers need to know who they are buying seed from to avoid potentially significant costs
Reading Time: 3 minutes Infringing on Plant Breeders’ Rights (PBR) has cost a large southern Alberta farm a record $737,597. “The settlement relates to unauthorized advertisements and sales of PBR-protected barley and wheat varieties,” Alliance Seed, SeCan and an unnamed seed company said in a news release Wednesday. The settlement “includes the royalties, plus legal fees and penalties,” Todd […] Read more
Feed weekly outlook: Barley, wheat at par in Alberta
Demand also seen for heated canola
Reading Time: < 1 minute MarketsFarm — Prices for feed barley and wheat are running about the same, from where Susanne Leclerc sits at Market Master Ltd. in Edmonton. Barley and wheat going into central Alberta were both running at $315 per tonne, she said. “We’re seeing buyer strength gaining coverage for the summer,” she said, but noted trading activity […] Read more
CBOT weekly outlook: South American weather woes lift soy, corn
Reading Time: < 1 minute MarketsFarm — While most of North America is recovering after a deep freeze last week, conditions in South America are still affecting prices in soybeans and corn futures at the Chicago Board of Trade. Dry weather conditions in southern parts of the continent, along with wet weather in Brazil, have limited both the harvest and […] Read more
U.S. grains: Brazilian storms push U.S. corn, soy futures higher
Cold-weather concerns support wheat
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday as storms in major production areas of Brazil disrupted fieldwork, threatening to slow export shipments from one of the world’s major suppliers, traders said. “Very heavy rains remain in the forecast for Brazil’s northern soybean belt, where farmers are trying to harvest this […] Read more
U.S. grains: CBOT soy, corn rise on weather delays in Brazil
Chicago May wheat settles firm
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures surged 1.6 per cent on Tuesday to their highest in more than five weeks on expectations that a slow harvest in Brazil will add further stress to the already tight supply situation in the United States, traders said. Corn futures also were strong, hitting a two-week high as […] Read more
Feed weekly outlook: Demand strong for Canadian wheat
Reading Time: < 1 minute MarketsFarm — Domestically-grown feed wheat is seeing stronger prices and increased demand — but unlike other commodities, the demand is coming from Canada itself. Wheat has become a more desirable crop for feed rations in recent months as barley prices have risen due to increasing exports to China. With less barley available to feedlots, wheat […] Read more
A message from April Stewart, Country Guide's Associate Editor
