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Oilseeds

CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn climbs on export data, acreage worries

CBOT soy, wheat also firm

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Chicago | Reuters — U.S. corn futures ended higher on Monday, rallying from early declines, as traders focused on stronger-than-expected weekly U.S. export inspections data and fears that rising fertilizer prices could limit corn plantings in the coming year. Soybean futures also rose, buoyed by strength in soyoil and global vegetable oil markets. Wheat futures […] Read more
CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy bounce on technical buying, potential export demand

CBOT wheat turns higher on Paris rally

By
Chicago | Reuters — Chicago corn and soybean futures prices rose on Friday, supported by technical buying and renewed hopes of export demand, while wheat prices were boosted by a rally in the European market, traders said. Prices of corn and soybeans have recovered since falling sharply following higher-than-expected supply forecasts from the U.S. Department […] Read more
An eastward-facing view from the north edge of the crossing at Mile 98.14 of CN’s Ashcroft subdivision, where BCWS suspected the Lytton fire began. (TSB photo)
Crops, Machinery, Weather

No evidence trains sparked Lytton fire, TSB says

Transportation Safety Board now stepping out of ongoing fire probe

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There’s no proof the fire that largely destroyed a British Columbia village, damaged a key rail bridge and led to cuts in rail speed limits in high-risk areas was sparked by train traffic, the federal Transportation Safety Board says. The TSB on Thursday said its investigation, launched in early July, “has not revealed any evidence […] Read more
CBOT December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Futures see ‘dead cat bounce’

Traders watching potential for increase grain export demand

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Chicago | Reuters — Chicago corn and soybean futures prices crept up on Thursday, finding chart support after sharp losses over the past two sessions on higher-than-expected U.S. grain supply forecasts. It has been a rocky week for the corn and soybean markets. The U.S. Department of Agriculture (USDA) on Tuesday released estimates of both […] Read more
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

By
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
ICE January 2022 canola (candlesticks) with Bollinger bands (20,2). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola still rangebound

Selling pressure seen from U.S. soy

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MarketsFarm — ICE Futures canola contracts held rangebound during the week ended Wednesday, climbing to their strongest levels in two months at one point before running into resistance and retreating to trade well off those highs. “We’re still stuck in a trading range,” said Keith Ferley of RBC Dominion Securities in Winnipeg. Activity in outside […] 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

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