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Wheat

(Qingwa/iStock/Getty Images)
Crops, Markets

U.S. crop prices climb following April WASDE report

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MarketsFarm — There were two notable surprises in the latest supply and demand estimates from the U.S. Department of Agriculture, according to Ryan Ettner, trader with Allendale Inc. in McHenry, Ill. One was USDA having maintained its carryout for corn; the other was the carryover for wheat being a little larger than what the markets […] Read more
CBOT July 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat, soybeans firm on tighter stocks

Corn firm, ending stocks unchanged

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Chicago | Reuters — Chicago wheat, corn and soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) assessed global supply and demand, reflecting the impact that Russia’s invasion of Ukraine has had on Black Sea exports. Grain prices remained underpinned by Russia’s six-week-old invasion, which has stalled large amounts of Ukrainian exports […] Read more
Then-federal Agriculture Minister Gerry Ritz (second from right) announces G3’s plan to take a majority stake in CWB in April 2015 in Winnipeg. (Dave Bedard photo)
Crops

Farmers’ CWB class action lawsuit gets certified

Suit claims federal government wrongly used farmers' money to help privatize the Wheat Board

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A class action lawsuit alleging the government of Canada and G3 Canada Ltd. unlawfully used millions of farmer dollars to privatize the Canadian Wheat Board (CWB) has been certified after wending its way through the courts for 10 years. Court of Queen’s Bench Justice Chris Martin delivered his written judgment Tuesday in Winnipeg, clearing the […] Read more
Beef demand appears to be somewhat softer compared to January.
Cattleman’s Corner, Feed markets, Markets

Cattle market contends with softer demand and rising grain prices

Market Update with Jerry Klassen: As Russia and Ukraine ban grain exports, Canada may become a major supplier in some markets

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Alberta packers were buying fed cattle on a dressed basis in the range $272-$275 during the second week of March, relatively unchanged from 30 days earlier. Live bids were reported at $161 f.o.b. the feedlot in Alberta. The Alberta cash trade continues to trade at a $13-14 discount to the U.S. However, this spread had […] Read more
CBOT May 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn firm ahead of WASDE

Wheat down, but supported by winter crop stress

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Chicago | Reuters — Chicago Board of Trade soybean futures climbed on Thursday, bolstered by eroding South American production and steady U.S. export sales. CBOT wheat and corn futures eased ahead of the U.S. Department of Agriculture’s monthly global supply and demand report due Friday, expected to reflect the potential impact of the war in […] Read more
CBOT May 2022 soybeans (candlesticks) with 10-, 20- and 50-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago soybeans, corn consolidate

CBOT wheat mixed pending sanctions

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Reuters — Chicago soybeans and corn eased on Wednesday, consolidating after two days of gains, as traders watch U.S. weather and planting, while wheat traded mixed pending further sanctions against Russia following reports of civilian deaths in Ukraine. The most-active soybeans on the Chicago Board of Trade (CBOT) eased 11-1/2 cents to $16.19-1/2 a bushel […] Read more
Sheri Strydhorst says a couple of weeks after the crop is up and growing, farmers should be scouting fields, checking as many acres as possible and making an assessment of what’s “normal” and “not normal.” Look closely at plants above ground, at ground level and dig up a few to examine the roots. Strydhorst cautions against getting lazy or complacent — nothing beats having boots in the field to identify problems before they get out of hand.
Crops, Features

Get boots in the field as variables increase

Field scouting is even more important this year as farmers face an increasing number of variables

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There are a few good reasons to put some real effort into field scouting this coming season. Crop growth and development, particularly with wild weather, can be much different than “normal.” And knowing what pests are out there or not out there, or the degree of severity if they are out there, makes for much […] Read more

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