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MGEX September 2019 spring wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Wheat sags on abundant global supplies

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade (CBOT) soft red winter wheat futures fell to three-month lows on Tuesday while U.S. hard wheat futures hit their lowest levels in a decade, pressured by ample world supplies and strong export competition, analysts said. Corn futures fell to life-of-contract lows on mild crop weather that bolstered […] Read more
CBOT November 2019 soybeans, with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy set one-week highs on weather concerns

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures touched one-week highs on Thursday as traders worried about the risk of frost damage to this year’s late planted U.S. crops, analysts said. Traders were also covering short positions after recent declines and ahead of the three-day Labour Day weekend. They remain nervous about the potential […] Read more
File photo of cattle on pasture. Several drought-stricken rural municipalities in Manitoba have declared an agriculture disaster, in an effort to kickstart action by senior levels of government. (MikeEntertainment/iStock.Getty Images)
Livestock, Weather

RMs declare ag disaster in Manitoba’s Interlake

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Reading Time: 2 minutes Twelve rural municipalities in Manitoba’s Interlake and WestLake regions have declared a state of agricultural disaster due to severe dry conditions. The RMs of Alonsa, Armstrong, Bifrost-Riverton, Coldwell, Ethelbert, Fisher, Grahamdale, Lakeshore, McCreary, Ste. Rose, West Interlake and Woodlands announced the motion in a news release Thursday. The municipalities are calling on the province to […] Read more
(Jennifer Blair photo)
Crops, Markets, Weather

Hemp yield uncertain ahead of harvest

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Reading Time: 2 minutes MarketsFarm — While Canada’s licensed hemp acreage nearly doubled from 2018 to 2019, yield estimates will remain uncertain until licensed producers report their crops to Health Canada after harvest. “Health Canada, for the first time, will be collecting information on hemp acres that were seeded, rather than hemp acres that were licensed,” said Ted Haney, […] Read more
Smoke billows during a fire in an area of the Amazon rainforest near Humaita, Amazonas State, Brazil on Aug. 14, 2019. (Photo: Reuters/Ueslei Marcelino)
General, Reuters, Weather

As Amazon burns, Bolsonaro tells rest of world not to interfere

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Reading Time: 3 minutes Brasilia/Sao Paulo | Reuters — Amid growing international criticism over wildfires raging through the Amazon, Brazilian President Jair Bolsonaro on Thursday admitted farmers could be illegally setting the rainforest alight but told foreign powers not to interfere. French President Emmanuel Macron and United Nations Secretary General Antonio Guterres both took to Twitter to express their […] Read more
CBOT December 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn edges higher on cool weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures inched higher on Thursday, stabilizing from three-month lows set a day earlier, supported by worries that cool weather could slow the maturity of the delayed U.S. crop, analysts said. Wheat rose on technical buying and better-than-expected weekly U.S. export sales. But soybean futures declined, retreating from early strength […] Read more
File photo of fields during monsoon in India. (Shubham Singh/iStock/Getty Images)
Crops, Pulses, Weather

Pulse weekly outlook: India’s monsoons catch up, but crops still at risk

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Reading Time: < 1 minute MarketsFarm — Heavy rains in recent weeks have brought India’s monsoon rainfall back to normal levels after a slow, dry start to the season, according to reports out of the country. However, flooding and uneven distribution of moisture could still hurt crop production. A normal monsoon is defined as 96-104 per cent of the 50-year […] Read more
(Yanosh_Nemesh/iStock/Getty Images)
Crops, Weather

Prairie hail claims pass 10,000 for year

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Reading Time: < 1 minute MarketsFarm — More than 10,000 claims for hail damage have been filed by Prairie farmers so far in 2019 with insurance companies belonging to the Canadian Crop Hail Association. Between July 27 and Aug. 6, hail on the Prairies saw farmers add 900 claims alone, according to a CCHA press release Friday. To date overall, […] Read more

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