Chicago Board of Trade (CBOT) corn and soybean futures ticked down on Wednesday as traders adjusted positions ahead of U.S. Department of Agriculture (USDA) quarterly grain stocks and prospective plantings reports due on Thursday.
Oilseeds
U.S. grains: Corn and soy fall on positioning ahead of USDA reports
ICE Canada Weekly: Canola set to rise, but not a sure thing
After incurring sharp losses on Tuesday and Wednesday, canola futures on the Intercontinental Exchange were poised for a turnaround to swing higher. MarketsFarm analyst Mike Jubinville suggested that cash prices on the Canadian Prairies should soon return to C$14 per bushel and maybe push as high as C$15.
U.S. grains: Wheat, corn, soybeans ease ahead of USDA reports
Chicago Board of Trade (CBOT) wheat futures fell on Tuesday in technical trading, as large Russian supplies, a strong dollar and fading Chinese demand also weighed on the market, analysts said.
How to make P management more sustainable
Phosphorus deficits are a problem on many Prairie farms. A Manitoba crop nutrition expert explains why — and has suggestions for what can help
Phosphorus has always been an essential nutrient in crop production. Maintaining the right P balance — ensuring there’s enough of it to sufficiently feed crops, but not too much of it so it runs off fields or seeps away to contaminate water bodies — is an ongoing challenge for Prairie farmers. Manitoba crop nutrition expert […] Read more
U.S. grains: Wheat rises on Black Sea tensions, but off three-week peak
Chicago Board of Trade (CBOT) wheat futures settled up on Monday, but fell short of the three-week high that prices hit early in session.
Producers welcome change to cash advance program
After much lobbying, federal government increases interest-free portion of program to $250,000
The interest-free portion of the federal Advance Payments Program will be $250,000 this year, much to farmers’ relief. The amount had been set to drop back to $100,000 at the end of this month after sitting at $350,000 for 2023.
Large fund short position shrinking in canola
Managed money fund traders continued to chip away at their large net short position in canola in mid-March, covering more of their large bearish bets, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Saving your own crop seed
Don't just assume two- or three-year-old seed, or even last year's seed, will still be viable
Look before you leap! Check your seed before you plant. Before getting into the topic of saving your own seed, whether it be cereals or legumes or any crop except for canola, I talked to several consultants and seed growers. Their answers were that few growers use all-new seed every year. These few exceptions actually […] Read more
U.S. grains: Soybeans slide on profit taking; wheat climbs
Chicago Board of Trade soybean futures fell more than one per cent on Friday to below $12 a bushel on profit taking a day after the benchmark contract neared a two-month high as farmer soy sales and the dollar's surge added to bearish sentiment, analysts said.
EU plans to hit Russia, Belarus grain imports with tariffs
Commission aims to curb Russian income, prevent market distortions, placate farmers
The European Commission proposed on Friday imposing tariffs on imports of grain from Russia and Belarus in an attempt to prevent Moscow and its ally from distorting EU markets and placate farmers who have protested for months over cheap imports.