Crops & Production Tips

Little change in AAFC’s October supply/demand outlook

Canola, wheat, pea carryout estimates unchanged

MarketsFarm — Supply/demand estimates for Canadian grains and oilseeds saw little change in the latest outlook for principal field crops from Agriculture and Agri-Food Canada (AAFC) released Monday. Canola ending stocks for 2023-24 were left unchanged at one million tonnes, which compares with the 2022-23 level of 1.506 million tonnes. Canadian canola exports in 2023-24 […] Read more

Chickpea curry. (Modesigns58/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Activity to ramp up for chickpeas

'Quality was good, yields were lower'

By GFM Network News October 24, 2023

MarketsFarm — Things are quiet right now on the chickpea front, but that could change in a few weeks, according to Jake Hansen of Mid-West Grain in Moose Jaw. “I think everyone’s getting prepped and ready for Argentina’s harvest, but it’s quiet,” he said. “There’s still movement on previous contracts, but not a lot of […] Read more

CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn dips on harvests, technical selling

CBOT soymeal climbs to seven-month high; Chinese ag companies sign U.S. purchase deals

By Tom Polansek, GFM Network News October 24, 2023

Chicago | Reuters — Chicago Board of Trade corn futures fell for a third straight session on Tuesday and neared a two-week low under pressure from U.S. harvesting and technical selling, analysts said. Wheat futures also eased, while soybeans and soymeal jumped. A quick harvest pace for U.S. corn and soy is expected to continue […] Read more

Although it’s more likely for plants to develop IDC in moist soil conditions, the disorder can also occur in drier environments due to moisture in the soil pushing salt toward the surface. When this moisture evaporates, the salt is left behind, which reduces iron uptake by the plant.

Crops, Features, Soybean Guide 2023, Soybeans

Iron deficiency chlorosis continues to affect soybean crops

If you’re a soybean producer, IDC should be on your radar

By Jim Timlick October 24, 2023

It’s not exactly a household name, but iron deficiency chlorosis (IDC) can pose a serious threat to soybean producers on the Prairies. IDC is a nutrient deficiency that can cause yellowing of soybean foliage and stunt plant growth. In extreme cases, it can lead to significant yield losses. The problem typically develops in fields where […] Read more

CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybean, corn futures weaken as harvests progress

CBOT wheat rises on bargain buying

By Tom Polansek, GFM Network News October 23, 2023

Chicago | Reuters — Chicago Board of Trade soybean futures finished lower on Monday as advancing U.S. harvests uncovered strong yields and increased farmers’ sales of their crops, analysts said. Pressure from harvests also hung over corn futures. U.S. farmers have finished harvesting 76 per cent of the country’s soybeans and 59 per cent of […] Read more

Canola, Crops, Markets

Managed money adding to net short positions in canola

Canola at biggest net short position in months

By Phil Franz-Warkentin, GFM Network News October 23, 2023

MarketsFarm — Managed money fund traders remain bearish canola, growing the net short position in the ICE Futures market to the second largest level of the past year, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Oct. 17, the net managed money short position in […] Read more

Crops

Seed regulation consultation results released

CFIA 'anticipates' more consultations this winter

By GFM Network News October 23, 2023

The Canadian Food Inspection Agency is getting closer to updating its seed regulations. On Monday, the agency released a “What We Heard” report summarizing the responses of 315 individuals and groups who participated in an online survey from Feb. 15 to May 1. The CFIA is looking to update seed regulations to “reduce complexity, protect […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Spring wheat bids rise with U.S. futures

Weaker loonie also offers support

By Phil Franz-Warkentin, GFM Network News October 22, 2023

MarketsFarm — Spring wheat bids in Western Canada were mostly higher during the week ended Thursday, as gains in U.S. futures and weakness in the Canadian dollar provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $5-$10.20 per tonne across the Prairies, according to price quotes from […] Read more

File photo of locks on the Welland Canal at Allanburg, Ont. (Jimfeng/iStock/Getty Images)

Crops, Markets

Seaway workers’ strike underway

Management awaiting CIRB ruling on grain traffic

By Dave Bedard, GFM Network News October 22, 2023

Unionized workers on the St. Lawrence Seaway walked off the job just after midnight Sunday, shutting the waterway to all cargo vessels including grain traffic for now. Unifor, which represents about 360 Seaway workers across five locals in Ontario and Quebec, had served Seaway management with 72 hours’ strike notice on Wednesday. In a release […] Read more

Crops, Markets

Seaway to seek order exempting grain traffic from strike action

Management, union say talks still ongoing

By Dave Bedard, GFM Network News October 21, 2023

Facing a strike that would shut down traffic on the waterway as early as Sunday, the St. Lawrence Seaway Management Corp. has asked for an order confirming that grain would need to continue moving. Unifor, the union representing over 360 seaway workers across five union locals in Ontario and Quebec, on Wednesday served the corporation […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News