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Crops, Markets, Weather

Profit-taking pressures U.S. crop futures

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Reading Time: 2 minutes U.S. grain and soybean futures slid on Monday as traders took profits ahead of a government report that will update the outlook for U.S. harvests. Soybeans have pulled back 3.7 per cent since approaching an 11-month high last week on concerns that heat and dryness will damage the nation’s crop. Traders said they had priced […] Read more
Crops, Weather

Koch to make new N product at Man. plant

Reading Time: 2 minutes Koch Industries’ fertilizer manufacturing arm plans to dial up its Canadian sales of its nitrogen-stabilized product SuperU, by producing it in Manitoba. Koch Fertilizer Canada announced Wednesday it will start production of SuperU this month at its nitrogen plant at Brandon, Man. On top of Koch Fertilizers’ existing production in the U.S., SuperU is expected […] Read more
Crops, Weather

CropChatter: New Man. winter wheat trial data released

Reading Time: < 1 minute Yield data collected at five sites from this year’s winter wheat harvest in Manitoba are now available for farmers to review. The Manitoba Crop Variety Evaluation Team (MCVET) is publishing yield data collected at five sites and updated variety descriptions that include two new registered varieties, Emerson and AAC Gateway. Additional site data, along with […] Read more
Crops, Markets, Weather

U.S. corn jumps 1.5 per cent on spreading, short-covering

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Reading Time: 2 minutes U.S. corn futures closed higher on Friday for the first time this week and soybeans ended flat after a choppy trading session as investors squared positions before the weekend and ahead of a monthly U.S. government crop report next week. Scattered rains were forecast for parts of the Midwest farm belt over the coming week, […] Read more
Livestock, Weather

Prairie farmers expected to replenish feed supply

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Reading Time: 2 minutes Good forage crops across Western Canada will help farmers replenish their supplies after a long winter led to very low carryover stocks, crop specialists said. Ken Ziegler, forage specialist with Alberta Agriculture and Rural Development at Rocky Mountain House, said most areas across the province are moving onto to second or third cuts and reporting […] Read more
Crops, Markets, Weather

Large crops seen making up for tighter Canadian stocks

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Reading Time: 2 minutes Statistics Canada is expected to confirm relatively tight ending stocks of most major Canadian grains and oilseeds when its report on stocks as of July 31 is released Friday. However, with large production prospects to more than make up for the small carryover, market participants were uncertain what the stocks data would do for prices. […] Read more
Crops, Markets, Weather

CBOT corn slumps on harvest pressure, soybeans rebound

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Reading Time: 2 minutes U.S. corn futures fell for a third consecutive session and hit a three-week low on Thursday as harvest of what looked like a record-large U.S. crop accelerated amid scattered reports of stronger-than-anticipated yields. Soybeans touched a two-week low on spillover pressure from corn, but prices rebounded as a slightly rainier Midwest weather forecast failed to […] Read more
Crops, Markets, Weather

ICE outlook: Harvest pressure to weigh on canola

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Reading Time: < 1 minute ICE Futures Canada canola contracts moved lower during the week ending Wednesday, as large production prospects and spillover from the softer tone in CBOT (Chicago Board of Trade) soyoil weighed on values. Harvest pressure is expected to keep the path of least resistance to the downside over the next couple of months, although activity in […] Read more
Crops, Markets, Weather

CBOT soybeans plunge on profit-taking, wetter forecast

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Reading Time: 2 minutes U.S. soybean futures plunged 2-1/2 per cent on Wednesday, surrendering all of the prior session’s gains in a profit-taking setback amid a slightly better forecast for parts of the Midwest, where dry weather has eroded yields. The oilseed was also pressured by talk that top importer China was planning to auction more soybeans from state […] Read more
Crops, Weather

Goss’s wilt arrives in Alta. cornfields

Reading Time: 2 minutes Alberta corn growers have been advised to look again at their variety choices for 2014 now that a potentially yield-destroying bacterial disease has been spotted in the province. Speaking to farm writer Helen McMenamin in the Sept. 2 issue of Alberta Farmer, provincial plant pathologist Mike Harding, based at Brooks, said the disease has been […] Read more

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