Reading Time: < 1 minute CNS Canada — This year’s Canadian rye harvest appears positioned to carry on the crop’s recent trend with another production decline. Dry conditions in many regions of the Prairies and ergot in Manitoba are expected to drive down yields. Jonathan Hull of The Scoular Co. said he has been hearing from farmers that yields could […] Read more
Rye production could fall 25 per cent, analyst says
U.S. grains: Wheat near limit-up on yield concerns
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged on Wednesday, supported by concerns about crop shortfalls in key production areas around the globe, traders said. The strength in wheat lifted corn futures to their highest in more than three weeks. Corn also received support from concerns about dry conditions limiting harvest yields in parts of […] Read more
Feed weekly outlook: Optimism takes pressure off Prairie grains
Reading Time: 2 minutes CNS Canada — Following recent rains across Western Canada, producers have opened their bins and are selling grain again for feed, taking some pressure off of the market. “It’s some relief from the rain that’s happened across the Prairies in the last two weeks. It’s allowing producers to comfortably sell the rest of their old-crop […] Read more
Pulse weekly outlook: Large U.S. crop possible, despite reduced acres
Reading Time: 2 minutes CNS Canada — Farmers in the U.S. may have planted fewer pulse acres in 2018 compared to the previous year — but the reduction was likely not as large as forecast by the U.S. Department of Agriculture. A return to average yields would also still result in big supplies overall, after poor crops in 2017, […] Read more
Manitoba soybean acreage predictions mixed
Reading Time: 2 minutes CNS Canada — While some in the soybean sector think Statistics Canada is right about its predictions for a decline in Manitoba acres, others think plantings should still end up close to the record in 2017. Statistics Canada is predicting soybean acres in Manitoba to drop to 1.96 million from 2.29 million, according to its […] Read more
Argentina’s soybean season ‘dead’
Reading Time: 3 minutes Buenos Aires | Reuters — Hope has withered for any recovery in Argentine soy yields hit by a four-month drought that shows no signs of abating, farmers and analysts said Monday, prompting China to step in to fill the gap in soymeal exports from the world’s No. 1 supplier. The dryness that has blighted the […] Read more
Hot fall pulls Ontario corn yields above average
Reading Time: 3 minutes Ontario’s corn crop yielded better than expected, at 184 bushels per acre average, while soybeans were closer to their 10-year average at 44 bushels per acre, according to Agricorp. Why it matters: The provincial crop insurance agency has some of the most solid crop production numbers in Ontario, as its members have to report their […] Read more
U.S. grains: Corn rises to one-week high on exports
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures climbed to a one-week high on Thursday on bargain buying and improving export demand, although gains were limited by reports of higher-than-anticipated U.S. harvest yields. Soybeans rose for a second day and notched a two-week high as expectations of lower U.S. yields and rising demand from China supported […] Read more
StatsCan report may raise more questions than answers
Reading Time: 2 minutes CNS Canada –– The lateness of this year’s harvest will likely leave more questions than answers when Statistics Canada releases its final production estimates of the year Tuesday, as a significant portion of the crop was likely still on the fields when the survey was conducted. Model-based estimates released in September placed the canola crop […] Read more
Food commodity prices seen stable over next decade
Reading Time: 2 minutes Paris | Reuters –– Higher agricultural productivity and slightly larger crop areas in the coming decade will cover rises in food demand, leading to stable prices and a period of more restrained agricultural markets, the FAO and OECD said Monday. In their annual Agricultural Outlook report, the Food and Agriculture Organization and the Organisation for […] Read more
A message from April Stewart, Country Guide's Associate Editor
