Canadian farmers intend to seed less canola in 2024 compared to the previous year, while overall wheat area should hold relatively steady, according to the latest Statistics Canada survey results released March 11.
Oilseeds
Canadian canola acres to dip in 2024, wheat steady: StatCan
Lower prices, moisture concerns cited; moisture has since improved somewhat
U.S. grains: Wheat futures bounce after 3-1/2 year low; soy, corn climb
Hefty global grain supplies, competition for export business anchor prices
Chicago Board of Trade soybean and corn rose on Friday, extending their recovery from three-year lows set last month, following an uneventful monthly supply/demand report from the U.S. Department of Agriculture (USDA), analysts said.
Managing irrigation with limited water
Some irrigation districts are advising users to brace for limits on available water
There is increasing concern with below-normal mountain snowpack and potential for limited irrigation water availability in 2024. Snowpack in mid-February was about 50 to 75 per cent of normal at most of the snow pillow monitoring sites in the Rocky Mountains of northern Montana and southern Alberta (visit the Alberta River Basins web page, then […] Read more
Canola Council of Canada elects Ritter chair
Two director seats change hands at CCC AGM
Tessa Ritter, who is stakeholder relations manager with Viterra, has been elected chair of the Canola Council of Canada's board of directors.
Few changes in March USDA report
Increased projections for South American corn, soybeans, U.S. wheat carryout
The United States Department of Agriculture’s (USDA) monthly supply/demand estimates, released on March 8, were largely left unchanged, the exceptions being South American corn and soybeans as well as U.S. wheat.
U.S. grains: Wheat sags to 3-1/2-year low
Corn, soy firm ahead of USDA data
Chicago Board of Trade (CBOT) wheat futures ended mostly lower on Thursday with the benchmark contract Wv1 tumbling to a fresh 3-1/2-year low late in the session after China cancelled a purchase of U.S. wheat and Egypt scrapped an international purchase tender, traders said.
Czech farmers dump manure on Prague streets in renewed protests
Farmers across EU continue to protest Ukrainian imports and other grievances
Czech farmers dumped manure in front of the government's office, blocked Prague streets with tractors and taunted the country's farm minister on Thursday as they renewed protests demanding more help and a halt to cheap imports to the European Union.
U.S. grains: Wheat hits 3-1/2-year low on export competition
Corn drifted upward, soybeans declined
Benchmark Chicago wheat futures tumbled to their lowest point in more than three years on Wednesday as low prices in an Algerian import tender this week highlighted stiff global export competition from Black Sea grain supplies, traders said.
ICE canola showing signs of stabilizing
Expectations for slightly lower canola acres ahead of StatCan report
The ICE Futures canola market may finally be showing signs of stabilizing after its long downtrend, although the upside could be limited for the time being.
CBOT weekly outlook: Little to come from March S/D report
Exports the most likely category to see changes, analyst says
There will likely not be a lot of notable changes in the March supply and demand report from the United States Department of Agriculture.