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Wheat

CBOT July 2022 soft red wheat (candlesticks) with MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat, corn ease off rally on supply concerns

Export outlook, crude oil support soybeans

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Chicago | Reuters — Chicago Board of Trade wheat and corn futures weakened on Friday, a day after rising on U.S. Department of Agriculture forecasts that indicated tightening global supplies. Traders took some profits ahead of the weekend and on expectations that U.S. farmers are advancing corn plantings thanks to improved Midwest crop weather, analysts […] Read more
Corn seedlings in southern Ontario in 2021. (Farmtario photo by John Greig)
Crops, Weather

Spring planting well underway in Ontario

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MarketsFarm — Farmers are well into seeding their crops for 2022, according to Wednesday’s crop report from Ontario’s Ministry of Agriculture, Food and Rural Affairs (OMAFRA). The report noted planting of corn, soybeans and spring cereals started late last week — the exception being where there are heavier soils. OMAFRA projected planting could be 80 […] Read more
An aerial view of flooded farmland near Rosenort, Man., about 50 km south of Winnipeg, on May 6, 2022. (Manitoba Co-operator photo by Allan Dawson)
Barley, Corn, Crops, Markets

Feed weekly outlook: Market watching new-crop weather

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MarketsFarm — With excessive moisture in the eastern Prairies and persistent drought in southern Alberta, uncertainty over new-crop grain production is keeping some caution in the feed market. The spot market is relatively steady as the market waits for a better picture on this year’s growing conditions. “A lot of the feedlots have all the […] Read more
(OceanFishing/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Markets react to USDA supply/demand estimates

Wheat data 'surprisingly supportive'

By
MarketsFarm — The U.S. Department of Agriculture (USDA) on Thursday released its monthly world agriculture supply/demand estimates (WASDE) — the first to show estimates for the 2022-23 marketing year — and markets reacted quickly. Ryan Ettner, a broker for Allendale Inc. at McHenry, Ill., said that while figures for corn and soybeans were in line […] Read more
K.C. July 2022 hard red wheat (candlesticks) with MGEX July 2022 spring wheat (yellow line) and CBOT July 2022 wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheats up on ‘indisputably bullish’ cuts to harvest estimates

MGEX July wheat limit up, K.C. July wheat hits contract high

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Chicago | Reuters — U.S. wheat futures set contract highs on Thursday as the U.S. Department of Agriculture (USDA) slashed its production forecast for the variety that is grown in the U.S. Plains and used to make bread. USDA, in a monthly crop report, projected hard red winter wheat output at 590 million bushels, down […] Read more
Cow-calf producers should be aggressive and stock up on light weight calves.
Cattleman’s Corner, Livestock, Markets

U.S. feeder cattle supplies to tighten

Market Update with Jerry Klassen: Canadian calves will be in demand as U.S. feeder numbers could be down by nearly one million head by late 2022

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Alberta packers were buying fed cattle on a dressed basis in the range of $274-$276 during the third week of April. The Alberta fed market has been relatively flat over the past month. We mentioned in earlier issues that Alberta is contending with a severe backlog of market-ready supplies due to the year-over-year increase in […] Read more
MGEX July 2022 spring wheat (candlesticks) with CBOT July 2022 wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Supply worries, weather spur rallies

Market awaits USDA world crop report; rains delay U.S. spring wheat plantings

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Chicago | Reuters — Chicago Board of Trade grain and soybean futures jumped on Wednesday, as traders uneasy about world supplies adjusted positions a day before the release of U.S. crop data. Concerns about poor global crop weather helped support gains, with MGEX spring wheat futures setting contract highs as rains prevent plantings in the […] Read more
The photo above shows the disease bacterial leaf streak on barley. On the leaf surface is bacterial “oozing.” The photo was taken last year in early August at Olds College Field Crop Development Centre in Alberta.
Cereals, Crops

Cereal crop disease outlook

An update on rust risks, FHB management and bacterial leaf streak threat

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Although last year’s brutally hot and dry conditions across much of the Prairies made for very difficult cereal crop production, they carried one upside — disease pressure was notably low in almost all fields. Which diseases steal cereal crops’ yields and compromise their quality this year, and by how much, will depend heavily on weather […] Read more
File photo of a wheat field in India. (Sahil Ghosh/iStock/Getty Images)
Crops, Markets, Reuters, Winter Wheat

India sells record 1.4 million tonnes of wheat in April

Sales surge on unavailability of Black Sea supplies

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New Delhi | Reuters — India exported a record 1.4 million tonnes of wheat in April, four trade sources said, providing some relief to grain markets as buyers scramble for alternatives to Black Sea supplies hit hard by the war in Ukraine. April is the first month of the fiscal year. India, the world’s second […] Read more

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