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Oilseeds

CBOT May 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Rising Russia-Ukraine tensions stoke rallies

Most-active CBOT wheat books biggest daily jump in 3-1/2 years

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Chicago | Reuters — Chicago Board of Trade wheat futures surged six per cent on Tuesday in the steepest daily jump in 3-1/2 years while corn rallied three per cent on worries that an escalating conflict between Russia and Ukraine could disrupt grain flows from the key Black Sea export region. Soybeans climbed to a […] Read more
(Creativex/iStock/Getty Images)
General, Weather

Flooding in Manitoba hinges on coming spring melt

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MarketsFarm — Manitoba’s Hydrologic Forecast Centre (HFC) released an initial spring flood outlook report Friday citing the risk of moderate to major flooding in most the province’s southern basins. Transportation and Infrastructure Minister Doyle Piwniuk said the amount of flooding will depend on weather conditions from now until spring melt. The HFC advised that, while […] Read more
CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, light green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, corn futures extend winning streak

CBOT wheat ends mixed

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Chicago | Reuters — Chicago Board of Trade soybean and corn futures rose for the third day in a row on Friday on concerns about harvests in Brazil and Argentina limiting production. Wheat futures were mixed, with concerns about potential Russian aggression against Ukraine disrupting the shipment of wheat from the key export region sending […] Read more
CBOT March 2022 wheat (candlesticks) with 20-m 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat rises on Ukraine-Russia tensions

Corn, soybean futures end firm

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Chicago | Reuters — U.S. wheat futures rose 2.2 per cent on Thursday, supported by rising tensions between Ukraine and Russia and expectations that war between the two export countries could improve demand for U.S. supplies, traders said. Soybeans and corn futures closed in positive territory after trading both sides of unchanged, with concerns about […] Read more
Have a well-prepared crop plan for 2022
Crops, Wheat & Chaff

Have a well-prepared crop plan for 2022

Q & A with an expert

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Q: What factors do I need to consider when planning my 2022 crop rotation? A: With 2021 safely in the rear-view mirror, it’s time to finalize plans for the 2022 crop year. When planning for the new season, there are many different agronomic factors that must be taken into consideration. With crop prices sitting above […] Read more
(Richardson International video screengrab via YouTube)
Canola, Crops

Richardson crush plant staff ward off strike vote

Unionized staff at Lethbridge vote to ratify new contract

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Unionized staff at Richardson International’s canola crush plant at Lethbridge have voted for six years’ labour peace rather than proceeding toward a strike vote. The 140-odd workers, represented by United Food and Commercial Workers (UFCW) Local 401, voted Feb. 1-2 on a new proposal from the company after voting 79 per cent in December to […] Read more
ICE March 2022 canola (candlesticks, right column) with November 2022 canola (yellow line, left column). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Rangebound canola market consolidating

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MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday before uncovering some support, as the commodity remained stuck in a range after trending higher for most of the past year. “Canola is caught in a rangebound, consolidation phase,” said MarketsFarm Pro analyst Mike Jubinville. The relative stability in canola, he said, […] Read more
CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soy, corn rise as traders watch weather

Chicago wheat futures flat

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Chicago | Reuters — U.S. soybean futures rallied on Wednesday, rising 2.3 per cent to halt a two-day fall with the market underpinned by concerns that forecast rain may be insufficient to avert further drought damage to crops in Argentina and southern Brazil. “It is the size of the crop in South America that will […] Read more
CBOT March 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn fall as fears of Black Sea disruption retreat

Soybeans down on chance of South America rain

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Chicago | Reuters — Chicago Board of Trade wheat and corn futures fell on Tuesday as Moscow’s announcement that some of its troops were returning to base after drills tempered investor fears of a Russian invasion of Ukraine that could disrupt Black Sea export flows. U.S. soybeans fell as traders assessed chances for rain in […] Read more

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