The federal government is investing $5,733,852 million in funding to advance soybean, corn and oat research and promote diverse crop rotations across Canada.
Chicago Board of Trade wheat futures rose on Monday, hitting nine-month highs on worries about crop losses in top-exporter Russia after multiple nights of frosty weather in key regions.
Chicago corn futures advanced on Friday after the U.S. Department of Agriculture (USDA) projected U.S. stockpiles of the grain below market expectations.
Overall spring seeding of all crops in Alberta was just over 18 per cent complete, according to the province’s first crop report of 2024. The pace was nearly seven points above the five-year average.
The United States Department of Agriculture’s (USDA) May World Agricultural Supply/Demand Estimates (WASDE) released May 10 featured the first production and ending stocks estimates for the 2024-25 marketing year.
Chicago wheat futures rose on Thursday as Russia declared a state of emergency in key grain-growing regions due to frosts, while soybeans and corn fell ahead of a monthly U.S. Department of Agriculture supply-and-demand report due on Friday.
Chicago Board of Trade wheat futures fell on Wednesday despite weather risks in top exporter Russia, highlighting the size of its supply as the country continues to dominate global export markets.
China has approved the safety of gene-edited wheat for the first time as Beijing cautiously moves forward with commercial growing of genetically modified food crops.
Chicago wheat fell on Tuesday from peaks not seen since December, while corn eased from four-month highs as investors gauged the impact of harsh weather in some major production zones.