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Crops, Markets, Weather

McMillan: USDA’s durum yield outlook brightens

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Reading Time: 2 minutes The balance book for the U.S. wheat crop as a whole was largely unchanged in the U.S. Department of Agriculture’s latest crop production report on Monday — but within its wheat classes, expectations for U.S. durum showed a significant change. U.S. durum saw the greatest change on a percentage basis compared to USDA’s July report, […] Read more
Crops, Weather

CropChatter: Swath, desiccate or let it be?

Reading Time: < 1 minute Many crops in Manitoba are not maturing as fast as growers would like, given the recent cool, damp weather in much of the province. “Stagey” crops, big weeds (ragweed, buckwheat, kochia, redroot pigweed) and risks of weathering impacting quality have resulted in many calls to provincial ag department (MAFRI) staff about the differences/benefits of swathing, […] Read more
Crops, Markets, Weather

Chicago corn plunges as record-large U.S. harvest looms

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Reading Time: 2 minutes U.S. corn futures slid more than three per cent on Tuesday, surrendering all of the prior day’s gains as investors shifted their focus from Monday’s low U.S. government corn yield estimate to its forecast for a record-large harvest and plentiful stockpile next season. New-crop December corn fell to a near-three-year low as technical selling propelled […] Read more
Crops, Weather

Prairie wheat, canola still susceptible to pests, diseases

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Reading Time: 2 minutes Prairie wheat and canola crops are looking generally good despite being behind in development, but yields could still be impacted by disease and insect problems, crop specialists said. “By and large, the canola crops look really good,” said Harry Brook, crop specialist with Alberta Agriculture and Rural Development at Stettler. “A concern for farmers is […] Read more
Crops, Markets, Weather

Different method led to surprise cut in U.S. corn harvest forecast

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Reading Time: 2 minutes Don’t consider the 1.3 per cent drop in the U.S. Department of Agriculture’s corn harvest forecast a cut. That was the message from Lance Honig, chief of the crops branch of the USDA’s National Agricultural Statistics Service, after the department sparked a rally in corn futures with a surprising reduction in its monthly outlook for […] Read more
Crops, Weather

McMillan: Prairie oats crop looks good so far

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Reading Time: 2 minutes While cool weather is a concern, western Canadian oat crops are in good to excellent condition so far, say industry analysts. In Alberta, the largest oat-producing province, the latest crop report from Alberta Agriculture and Rural Development said that as of July 30, 89 per cent of the crop was rated good to excellent condition, […] Read more
Crops, Markets, Weather

Chicago soybeans surge as USDA cuts crop, stocks forecasts

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Reading Time: 2 minutes U.S. soybean futures rallied more than three per cent on Monday after the U.S. government made deeper-than-expected cuts to its forecasts for production and end-of-season stocks and as a dry spell in the Midwest suggested yields could drop even further. Corn futures added more than two per cent after the U.S. Department of Agriculture cut […] Read more
Crops, Markets, Weather

Prairie flax prices trending downward

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Reading Time: 2 minutes Western Canadian flax prices have lost close to $1 per bushel in recent weeks, and the trend is expected to continue leading up to harvest, according to Kevin Silzer, broker at Rayglen Commodities in Saskatoon. “I think flax has been following the general markets right now,” he said. “There’s also a little bit of pressure […] Read more
Crops, Markets, Weather

U.S. corn falls to three-year low on record crop outlook

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Reading Time: 2 minutes U.S. new-crop corn futures fell to a three-year low on Friday and soy slipped as well on prospects for record harvests this autumn. “The path of least resistance is lower since there is still no legitimate weather threat to the crop and still forecasts for record production,” said Shawn McCambridge, analyst at Jefferies Bache. Wheat […] Read more
Crops, Markets, Weather

Cooler weather slows Man. sunflower development

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Reading Time: 2 minutes Manitoba’s sunflower crop is developing at a slower-than-average pace due to recent cooler temperatures seen across the province. “Planting was a little bit later than what we were hoping as well, so compounding the cooler weather, we’re like a week and a half, two weeks later than average,” said Mike Durand, sales and purchasing manager […] Read more

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