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Crops Crops

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans down on positioning, crush pace

CBOT wheat ends up on week

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Chicago | Reuters — U.S. soybean futures fell on Friday on technical selling and profit taking after two sessions of gains, and as a monthly crush report showed U.S. processors handled far fewer beans than expected in August. Corn futures followed soybeans lower, with both markets also pressured by improving crop conditions in Europe and […] Read more
(Brett Holmes Photography/iStock/Getty Images)
Crops, Markets

Few surprises in StatCan report, analyst says

Downward revision on canola among those few

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MarketsFarm PRO analyst Mike Jubinville said Statistics Canada’s principal field crop production report, released Thursday, did not contain too many surprises. The agency’s previous report on Aug. 29 already provided insight as to what production numbers were going to be, he said, but still warned the model-based projections in the latest report will not be […] Read more
Photo: File
Barley, Crops, Markets

Feed weekly outlook: More demand for barley in Alberta

U.S. corn imports still expected to cap barley values

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MarketsFarm — As Alberta’s harvest continued, yields and crop conditions have varied across the province, according to Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta. “There has been such a wide range across the map, it really depends on location,” she said. “We’ve seen some areas that are just below average of […] Read more
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans up on signals of supply, weather concerns

CBOT wheat falls on higher U.S. dollar, corn pressured by wheat

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New York | Reuters — Chicago Board of Trade (CBOT) soybean futures turned higher amid a volatile trading session on Thursday, as commodities traders wrestled with tight domestic supplies and uncertainty over weather impacts on the current U.S. crop. Analysts said that market participants are focusing on how the recent extreme heat waves across the […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Cargill agrees to sell stake in Russian grain terminal

Buyer says deal under government review

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Reuters — U.S.-based commodities trader Cargill said on Thursday it had agreed to sell its stake in a Russian grain terminal to Russia’s Delo Group. “In line with Cargill’s earlier announcement to stop the export of Russian grain in July 2023, we can confirm we have reached an agreement with Delo to sell our 25 […] Read more
(File photo by Dave Bedard)
Crops, Markets, Weather

Canada bumps up wheat harvest view, trims canola estimate

StatCan releases yield outlook as of Aug. 31

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Winnipeg | Reuters — Canadian farmers will harvest slightly more wheat and a bit less canola than expected earlier in summer, but dry conditions will keep both crops small, a government report showed on Thursday. Farms in North and South America, Europe and Australia are facing crop losses as extreme weather spreads over an unusually […] Read more
ICE November 2023 canola with 20- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Harvest pressure to weigh on canola

StatCan report not expected to cause much stir

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MarketsFarm — The ICE Futures canola market posted gains for the first time in more than a week on Wednesday, but damage was done from a chart standpoint with mounting harvest pressure amid relatively favourable Prairie weather conditions likely to weigh on values over the next few weeks. “It’s that time of year,” said Jamie […] Read more
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

CBOT weekly outlook: Prices for U.S. soybeans, corn where they should be

USDA report calls for tightest soy carryout in eight years

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MarketsFarm — There have been no surprises in the price movement for U.S. soybeans and corn on the Chicago Board of Trade following the release of the U.S. Department of Agriculture’s monthly supply and demand report. “This was a case [for soybeans] where the trade expected even tighter ending stocks. That 220 million bushels matched […] Read more
Grant Morgan says he chose some new Clearfield varieties of canola this year because he expects to receive between $1 and $1.50 more per bushel for his harvested crop.
2023 Canola Guide, Canola, Canola Production Guide

Tips for choosing canola varieties

Prairie farmers share their strategies

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Steve Cowan understands the importance of making the right choice when it comes to canola variety selection. Cowan owns and operates a 3,000-acre grain farm near Camrose, Alta., where he grows canola, wheat and barley. He also works as an agronomist with the Crop Management Network and advises fellow farmers in the region on how […] Read more
Courtney Welch says Canterra Seeds works with a number of different genetics partners to develop new varieties of canola, which presents the company with a unique opportunity.
2023 Canola Guide, Canola

What’s in the canola pipeline?

Product managers of some of the country’s leading seed companies share their insights

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Canola has been called a Canadian success story, and for good reason. It’s estimated the country’s canola value chain generates nearly $30 billion in economic activity annually. But even the best success stories sometimes must change with the times. That’s why the agriculture industry spends millions of dollars each year to develop new canola varieties […] Read more

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