CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soy futures rally on dry Argentina weather

Attention turns to next week's USDA supply-demand outlook

Chicago | Reuters — U.S. soybean futures prices pushed higher on Friday, notching a fourth straight weekly gain, as dry weather in Argentina continued to fuel worries about global supplies of the oilseed. Corn futures rebounded from a three-week low reached in the previous session, while wheat futures also edged higher. Concerns increased over crops […] Read more

As late as 1987, one big rain event did all this damage to a summerfallow field near Eastend, Sask.

Les Henry: Soil productivity, quality and health

Nature and nurture

Soil health is a prominent topic in current scientific and farm management literature. It is good to see attention being paid to the soil resource our industry depends on. In this piece, we will try to unravel some of the principles and the practical application of those principles. From the get-go, we must realize farming […] Read more


Ever feel like this? This slide was taken from the end of Mike Jubinville′s presentation.

Editor’s Column: How high will grain markets go? It doesn’t matter. The strategy of the day is incremental selling into these rising markets

From the fall of last year to today, which is Feb. 16, it has been a momentous time for grain markets. And as good as that is, Mike Jubinville, a senior markets analyst for MarketsFarm, stressed time and again during MarketsFarm’s Markets Outlook 2021 webinar last month, that incremental selling into these profitable and rising […] Read more

CBOT May 2021 soybeans with 20- and 40-day moving averages. (Barchart)

U.S. grains: Soybeans jump on inclement South American weather

Weekly U.S. corn export sales miss expectations

Chicago | Reuters — U.S. soybean futures settled higher on Thursday as adverse weather across South America fueled concerns about a short-term supply crunch. The market briefly turned lower late in the trading session amid gains in the U.S. dollar that make U.S. farm goods less attractive to importers, traders said (all figures US$). Prices […] Read more


ICE May 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola back where it started

Day-to-day movements seen as tough to predict

MarketsFarm — ICE canola futures are pretty much back where they were a week ago after losing ground, only to recover by small — and then strong — gains. The May canola contract finished at $765.20 per tonne on Friday and closed Wednesday at $767.30. In between, the lowest close for May was $735.20. That […] Read more

Winnipeg South Centre MP Jim Carr speaks to the Canadian Crops Virtual Convention on March 2, 2021. (CCVC video screengrab)

Carbon tax rebate on grain drying fuels coming

Jim Carr reiterates Bibeau's pledge from last week

Farmers can expect a rebate on carbon taxes paid on fuels used to dry grain, Jim Carr, the federal cabinet’s special representative for the Prairies, told the Canadian Crops Virtual Convention on Tuesday. However, he didn’t provide any details. “There is promising news on this front,” Carr told the meeting, hosted by the Canola Council […] Read more


CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soy futures consolidate after gains

Excess rain in Brazil underpins soy, corn futures

Chicago | Reuters — U.S. grain and soybean futures fell on Wednesday as the markets consolidated after rallying in the previous session. Strength in the U.S. dollar weighed on prices, analysts said, because a firm dollar makes U.S. farm products less attractive to importers (all figures US$). For soybeans, there was a “lack of fresh […] Read more

Farmers Edge’s online event on March 3 included a congratulatory note from TMX Group, owner of the TSX. (Farmers Edge video screengrab)

Farmers Edge launches IPO

Digital ag firm makes first public share offering to big demand

Manitoba’s best-known digital agriculture firm is now a publicly-traded company. Farmers Edge, founded in 2005 in Pilot Mound, Man. by agronomists Wade Barnes and Curtis MacKinnon, has carved out a niche using field-centric data, artificial intelligence and its FarmCommand data management platform. CEO Wade Barnes called it an exciting day during an online press conference […] Read more


CBOT May 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn up on unfavourable South American weather

USDA lowers ratings for Kansas, Texas wheat crops

Chicago | Reuters — U.S. grain and soybean futures rose on Tuesday in a turnaround from losses the previous session, as concerns increased about unfavorable weather in crop-growing regions of South America. Traders are watching the effects of heat and dryness in Argentina and rains in Brazil amid worries about potential yield losses. The countries […] Read more