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Cereals

Sea surface temperature anomalies over the Pacific Ocean in degrees Celsius for the week centred on Oct. 13, 2021. (CPC.ncep.noaa.gov)
General, Weather

Another La Nina winter predicted

Polar vortex to chill Prairies, more snow further east, AccuWeather says

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Data compiled by a U.S. federal weather forecasting agency show La Nina conditions have developed over the central Pacific Ocean and are likely to linger through February. And La Nina, in turn, is expected to produce hard cold snaps over the Prairies, above-normal precipitation over southern British Columbia and relatively mild temperatures with more snow […] Read more
Federal Finance Minister Chrystia Freeland appears at a news conference in Ottawa on Sept. 24, 2020. (Photo: Reuters/Blair Gable)
General, Markets, Reuters

Canada to wind down broad-based COVID aid programs

Feds opt for targeted measures as economy recovers

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Ottawa | Reuters — Canada will not extend existing broad-based COVID-19 support programs for companies and individuals when they expire on Saturday because the economy is recovering well, Finance Minister Chrystia Freeland said on Thursday. Instead, Ottawa will introduce more targeted and less costly measures for hard-hit sectors such as the tourism industry. The new […] Read more
CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy down on South American weather, technical pressure

Firm U.S. dollar weighs on wheat; rising crop input costs supportive for corn

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Chicago | Reuters — Chicago soybean futures fell on Thursday after five straight sessions of gains, pressured by technical resistance and beneficial forecasts for rain in top export competitor Brazil. Wheat eased from a two-week high hit earlier on Thursday as weaker crude oil prices and a firmer U.S. dollar offset tightening global supplies. Corn […] Read more
(Dave Bedard photo)
Crops, Markets

Feds tighten forecast for wheat carryout

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MarketsFarm — Canadian wheat carryout for the 2021-22 crop year will be even tighter than earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Wednesday. The October report included only minor adjustments for most crops, with the most notable change from September being a 500,000-tonne reduction in projected wheat ending […] Read more
Keep grain in good condition to prevent entrapment
News, Wheat & Chaff

Keep grain in good condition to prevent entrapment

Take these safety measures if you must enter your grain bin

By
A sobering statistic from the Canadian Agricultural Injury data indicates there is an average of four fatalities due to grain entrapment every year in Canada. Grain entrapment incidents happen in grain bins, trucks, wagons, railcars and grain piles. Unfortunately, engulfment happens very quickly, and most victims do not survive. The best way to prevent grain […] Read more
MGEX December 2021 spring wheat (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn, soy futures up with global demand

MGEX December wheat at nine-year high

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Chicago | Reuters — U.S. corn futures hit a two-week high on Wednesday and soybean futures also advanced, supported by brisk global demand, firm cash markets and surging vegetable oil prices. U.S. wheat futures rose as Minneapolis Grain Exchange spring wheat futures set a nine-year top on tightening global supplies of high-quality milling wheat. Additional […] Read more
CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans up on firm cash markets, vegoils

Corn, wheat futures sputter

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Chicago | Reuters — U.S. soybean futures ended higher on Tuesday for a fourth straight session, with the benchmark November contract touching a one-week top on firm cash markets and global demand for vegetable oils, analysts said. But Chicago Board of Trade corn and wheat futures closed lower, sagging after a choppy session. CBOT November […] Read more
(Dave Bedard photo)
Crops, Machinery, Reuters, Weather

White House not ruling out a U.S. carbon tax

Option 'not off the table' despite Manchin comment

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Washington | Reuters –– The White House on Tuesday said it has not ruled out a carbon tax as a possible option for fighting climate change, even though U.S. Senator Joe Manchin, a critical holdout in the closely divided Senate, said he was not discussing the topic in talks about U.S. spending and infrastructure bills. […] Read more
File photo of a CN locomotive in Winnipeg. (Dave Bedard photo)
Crops, Reuters

CN CEO to retire as investor pressure weighs

Shareholder TCI has replacement in mind

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Reuters — Canadian National Railway (CN) said on Tuesday its CEO Jean-Jacques Ruest will retire at the end of January, following investor demands for his exit after the railroad operator’s failed bid for Kansas City Southern. TCI Fund Management, which owns five per cent of Canadian National, in August pitched former Jim Vena — a […] Read more
File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)
Crops, Reuters

More acres seen needed worldwide to meet mounting crops demand

U.S. acres may have already hit ceiling: AgResource chief

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Geneva | Reuters — Farmers need more space to grow crops to meet mounting demand for food and renewable fuel at a time of slowing growth in yields, consultancy AgResource said on Tuesday. A renewable fuel push under U.S. President Joe Biden’s climate agenda is set to trigger a boom in soyoil use, reinforcing a […] Read more

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