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Drone image of a tile drainage project in northeast Saskatchewan. The tile drainage was installed over six quarter sections to address issues related to side hill sweep, high water tables and soil salinity.
News

When is tile drainage a good fit?

If your farmland has a high water table, floods frequently and suffers from salinity issues, odds are it can benefit, if there’s somewhere the water can go

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After a two-day downpour drowned out 50 acres of canola last year, Dustin Williams decided it was finally time to do something about a field that had been plagued with paltry crops. “It just rotted out,” says Williams, who also grows wheat, oats, soybeans and edible beans on his farm near Souris, Man. It was […] Read more
CBOT December 2021 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy futures fall on big grain stocks, export pace

CBOT wheat falls on profit-taking

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Chicago | Reuters — Chicago corn futures dipped to a four-week low on Wednesday as the grain markets continued to feel pressure from higher than expected forecasts of U.S. supplies, traders said. Soybean futures fell further, a day after the U.S. Department of Agriculture (USDA) projected U.S. soybean and corn ending stocks were above the […] Read more
Screengrab from a Wheelman autosteer installation video. (HandsFreeFarm.com)
Crops, Machinery

Kubota to buy autosteer maker AgJunction

All-cash deal worth about $91 million

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Autosteer and ag equipment guidance system maker AgJunction is poised to sell itself to farm equipment maker Kubota Corp. in a $91 million all-cash deal. Publicly-traded AgJunction, which is registered in Calgary but based at Scottsdale, Ariz., said Thursday its board has unanimously approved Kubota’s 75-cents-per-share proposal and recommended shareholders vote in favour. AgJunction would […] Read more
CBOT November 2021 soybeans (candlesticks) with ICE November 2021 canola (yellow line, left column). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans touch last December’s lows

Soy, corn production bigger than previously expected, USDA says

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Chicago | Reuters — Chicago soybean futures dropped on Tuesday to the lowest seen since December 2020, after a U.S. government report pegged soybean and corn production to be bigger than traders had previously expected. The monthly world agricultural supply and demand estimates (WASDE) report pegged the soybean crop at 4.448 billion bushels, and soybean […] Read more
(GFM file photo)
Crops, Machinery, Markets

Cargill, ADM sell GrainBridge to ag software firm Bushel

'Network effect' expected in grains sector

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An online service farmers use to manage grain sales with ADM’s elevators and processing plants across Canada — along with Cargill and ADM elevators in the U.S. — is under new ownership. ADM and Cargill, the two major U.S.-based agribusinesses that set up GrainBridge in 2019, announced Tuesday they’ve sold it to Bushel, a Fargo, […] Read more
CBOT November 2021 soybeans (candlesticks) with 10-, 20- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans fall on expectations for bearish production report

Rising U.S. crude oil market helps limit soy price drop

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Chicago | Reuters — Chicago soybean futures slumped on Monday, as traders jockeyed for position on what is shaping up to be a large U.S. harvest and ahead of what is expected to be a bearish U.S. production forecast this week. The benchmark Chicago Board of Trade November soybean futures contract hit technical resistance at […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids rise with U.S. futures

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MarketsFarm — Cash wheat bids across Western Canada moved higher during the week ended Thursday in sympathy with U.S. futures markets. The strength came despite a firmer tone in the Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $11.40-$14.90 per tonne, according to price quotes from […] Read more
CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn weak, awaiting export news

December MGEX wheat up, CBOT wheat down

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Chicago | Reuters — Chicago Board of Trade soybean futures weakened on Friday, giving up gains made overnight on a lack of export news despite top buyer China returning to the market after a week-long holiday, traders said. Corn futures followed a similar trajectory and closed near session lows as investors waited for the U.S. […] Read more
File photo of a Conagra production facility at Oakdale, Calif., about 150 km east of San Francisco, on Dec, 18, 2015. (Photo: Reuters/Fred Greaves)
General, Markets, Reuters

Conagra flags price increases to cushion inflation impact

Prepared foods firm raises sales forecast

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Reuters — Conagra Brands said on Thursday it would increase prices again on its frozen meals and snacks to help cushion the blow of higher inflation, after the diversified food maker raised its annual sales forecast and topped quarterly results. Packaged food companies are grappling with inflation as the U.S. economy rebounds, while spending heavily […] Read more

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