Winnipeg | Reuters — Freezing temperatures covered much of Alberta early Thursday, raising the risk of damage to wheat, barley and canola crops that did not fully develop. Overnight temperatures included lows that were just slightly below freezing to well below, according to Environment Canada data. The national weather service reported a low of -6 […] Read more
Frost hits Alberta crops
Rain bogs down Prairies’ wheat, canola harvests
Winnipeg | Reuters — Rain has bogged down Western Canada’s harvest of canola, spring wheat and other crops, while cool temperatures slowed the growth of crops that need to mature before the first significant frost. Most of southern Manitoba, Saskatchewan and Alberta have received rain recently, with Manitoba’s Red River valley among the hardest hit […] Read more
U.S. grains: Corn drops as rating points to bumper crop
Reuters — Corn futures fell on Tuesday with the U.S. crop reported in the best shape in two decades, reinforcing expectations of a record-large harvest. New-crop soybeans pared losses and Chicago wheat futures turned mostly higher, despite signs of a big U.S. soybean crop on the way and abundant global wheat supplies. The U.S. Agriculture […] Read more
U.S. grains: Corn, soybeans slide on outlook for record crops
Reuters — Chicago corn futures fell on Monday after two straight days of gains while soybeans slid to a contract low on forecasts of record crops in the U.S. Wheat also weakened on profit-taking as the focus returned to large global crops. Chicago Board of Trade new-crop December corn fell 1.1 per cent or four […] Read more
U.S. grains: Soybeans, wheat fall after USDA pegs bigger supplies
Reuters — Soybean futures slid on Tuesday after the U.S. Department of Agriculture projected that domestic supplies of the oilseed would be bigger than expected at the end of the next marketing year. Chicago wheat futures were pressured by the department’s higher view on global stocks, while corn futures turned higher after USDA estimated lower-than-expected […] Read more
U.S. grains: Wheat prices slide in see-saw trade
Reuters — U.S. wheat futures dipped on Monday in a see-saw trade on technical selling and easing worries about tensions between wheat-exporting countries Russia and Ukraine. Corn futures moved off contract lows hit earlier this month on a short-covering boost before a highly anticipated government crop report while deferred soybean contracts fell on rains in […] Read more
U.S. grains: Wheat pulls back, registers weekly gain
Reuters — U.S. wheat futures fell for a second session on Friday on profit-taking but still ran up nearly three per cent this week, partly on fears of disrupted grain flows from the Black Sea region. New-crop corn fell, while soybeans turned higher and both notched weekly gains after spillover support from wheat helped offset […] Read more
Agrium potash mine to stay shut longer, loss expected
Reuters — Agrium said Thursday it will keep its only potash mine shut for longer than expected after a breakdown last week, and the downtime will cause it to lose $40 million on wholesale potash operations in the second half of this year. The Calgary-based fertilizer and ag retail company halted production at its Vanscoy, […] Read more
W. Canada spring wheat, durum yields look second-biggest ever: crop tour
Reuters — Western Canada spring wheat and durum yields this year look to fall from last year’s high levels, but the still bountiful production should offset some losses from flooded farms, leaders of a crop tour said on Thursday. The inaugural Cereals North America Canadian crop tour pegged spring wheat yield potential in the region […] Read more
Western Canada wheat yields higher than average
Yorkton, Sask.— Spring wheat and durum yields are trending above average in Western Canada, but large pockets had no crop after heavy rain earlier this month, a crop tour observed on Wednesday. Much of the crop that survived is also developing late in western Manitoba and eastern Saskatchewan and will need extra time to ripen […] Read more
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