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Oilseeds

CBOT March 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn slips after touching new high on Chinese demand

U.S. export, supply-demand data awaited for China update

By ,
Chicago | Reuters — U.S. corn futures ended lower on Thursday after hitting a 7-1/2-year high, supported by the U.S. Agriculture Department’s confirmation of strong Chinese demand. Soybeans closed higher on strong weekly export sales as traders weighed rain delays to Brazil’s harvest. Wheat fell, despite weekly export sales at the high end of analysts’ […] Read more
(RonTech2000/iStock/Getty Images)
Crops

Manitoba crop conference recovers allegedly phished funds

Court order frees event organizers' money from frozen account

By ,
The organizers of one of the last big Prairie farm events held before the onset of the COVID-19 pandemic have recovered funds temporarily lost to an alleged phishing scam. The CropConnect Conference — an annual crop production and farm management conference co-organized by Manitoba grain, oilseed and pulse grower groups — has received back almost […] Read more
CBOT March 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn ends up off early declines, on export demand

Soybeans climb after two days of correction

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Chicago | Reuters — Chicago corn futures ended higher on Wednesday as traders anticipated strong export sales would continue. Soybeans moved higher, as traders turned attention to the U.S. Department of Agriculture’s monthly supply and demand report on Feb. 9, expecting to see a continued tightening of ending stocks. Wheat followed corn and soybeans, turning […] Read more
CBOT March 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn falls after six-session gain

Wheat eases as Egypt tender favours Russian wheat, despite export tax

By ,
Chicago | Reuters — U.S. corn futures eased on Tuesday after six sessions of gains, as the market watched to see if a surge in Chinese demand would continue to erode U.S. supplies. Soybeans also fell as traders assessed upcoming Brazilian exports against risks that rainfall will slow harvest work. Wheat followed corn and soybeans […] Read more
CBOT March 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn sets new high on export sales

Wheat falls even as Russia considers more export tax

By ,
Chicago | Reuters — U.S. corn futures climbed to 7-1/2-year highs on Monday, supported by continued export demand. Soybeans ended slightly weaker after climbing back from a 20-cent drop in earlier trading, supported by a slow Brazilian harvest that could affect exports (all figures US$). Wheat followed soy lower. The Chicago Board of Trade’s most-active […] Read more
At the company’s Chatham, Ont. research farm, Bayer agronomic systems manager Adam Pfeffer shows a plot of XtendFlex herbicide-tolerant soybeans, comparing an untreated check strip infested with redroot pigweed against a herbicide-treated strip. (Bayer Crop Science video screengrab via YouTube)
Crops, Soybeans

Triple-herbicide-tolerant soybean set for limited 2021 release

Bayer's XtendFlex soybeans pick up needed approvals

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Bayer Crop Science expects to have “a small volume” of its new XtendFlex soybeans in the Canadian seed market for the 2021 growing season. XtendFlex soybeans, whose trait package is stacked with herbicide tolerance for glyphosate and dicamba as well as glufosinate, will be available in Canada for planting this spring, but not in all […] Read more
CBOT March 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn sets 7-1/2-year high on China sales

Chicago wheat also up, soybeans firm

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Chicago | Reuters — U.S. corn futures rose more than two per cent on Friday and set a multi-year high after China booked its biggest purchase of U.S. corn to date, fueling expectations of tightening global supplies. Wheat futures also rose about two per cent, chasing corn higher, and soybeans firmed as well. Chicago Board […] Read more
AFSC CEO Darryl Kay announced a 20 per cent cut in farmers’ AgriInsurance premiums for the 2021 crop year on Jan. 25. (AFSC video screengrab via YouTube)
Crops, Weather

Alberta crop insurer taps reserve to cut premiums

AFSC to pare premiums by 20 per cent

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The reserve at Alberta’s Crown crop insurance agency will be tapped to offset the premiums charged to farmers for the 2021 crop year, and possibly for longer. The province’s Agriculture Financial Services Corp. (AFSC) said Monday its farmer customers will get a 20 per cent discount on crop insurance premiums this year — which on […] Read more

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