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Crops, Markets, Weather

Cold North American spring hits Agrium’s profits

Reading Time: 2 minutes Fertilizer and ag retail firm Agrium reported a fall in quarterly profit due to an unusually cold spring in North America, but said it expected strong demand for crop inputs for the rest of the year. Unseasonably cool weather in the U.S. Midwest this spring compressed the usual time period for farmers to apply fertilizer […] Read more
Crops, Markets, Weather

U.S. soy, corn futures seen on pace for extreme lows

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Reading Time: 2 minutes After a drought-filled growing season in 2012-13 that pushed soybean and corn prices extremely high, U.S. soy and corn are on pace to produce bumper crops in 2013-14 — and both markets are seeing a huge reversal in prices because of it. With each crop entering important development phases and receiving favourable weather, Sterling Smith, […] Read more
Crops, Markets, Weather

Canola weak, but watching weather

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Reading Time: 2 minutes Canola contracts on the ICE Futures Canada platform moved lower during the week ending Wednesday, setting fresh contract lows in the process. Speculative selling and relatively favourable crop conditions across Western Canada weighed on values. While the downtrend remains firmly in place, an analyst said prices could easily see a sizeable corrective bounce if any […] Read more
Crops, Weather

Bertha not yet at threshold in Alta. fields

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Reading Time: 2 minutes Alberta agronomists are seeing bertha armyworms in the field, but the pest hasn’t reached economic levels in most areas yet. Agronomists across the province shared information Wednesday during a weekly Twitter chat organized by Shelley Barkley and Scott Meers of Alberta Agriculture and Rural Development. Meers and Barkley scouted about 25 fields in the Vegreville […] Read more
Crops, Markets, Weather

U.S. wheat falls with export demand, corn weak

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Reading Time: 2 minutes U.S. wheat futures sank on Wednesday to their lowest levels since June 2012 as overseas buyers turned to other countries for their import needs, traders said. Corn also fell, pressured by expectations for a bumper harvest this fall, while soybeans were mixed. Old-crop soybean contracts edged higher but new-crop fell due to the bearish weather […] Read more
Crops, Weather

OSCIA: Managing soybean seedling diseases can cut production costs

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Reading Time: 3 minutes High soybean yields begin with a healthy stand of vigorous plants. Seedling diseases, along with other factors such as weather, can result in the need to replant and drive up the cost of production. A project underway in conjunction with researchers from the U.S. is determining which pathogens affect soybean seedlings, and developing diagnostic tools […] Read more
Crops, Weather

Alta. crop hail claims reported above normal

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Reading Time: 2 minutes Hail is wreaking havoc in Alberta this summer, forcing farmers to file many more hail claims than normal to date, according to the Canadian Crop Hail Association’s latest report. About 300 claims in the province stemmed from a July 20 storm that ran from Rimbey to Alix, the association said Tuesday. A July 27 storm […] Read more
Crops, Markets, Weather

Chicago soybeans drop, new corn slips as big harvests near

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Reading Time: 2 minutes U.S. soybean futures fell on Tuesday to a more than one-year low, weighed down by favourable crop conditions and weather that point to a bumper harvest. Corn prices were mixed and U.S. wheat rebounded modestly after the previous day’s one-year low. “For summer crops right now, the path of least resistance is lower because there’s […] Read more

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