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Canola, Markets

ICE weekly outlook: C$900 per tonne in reach for canola 

Black Sea deal's end, Russian attack on Odesa, pushing all prices up

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MarketsFarm – Sporadic rainfall across the Prairies has not been enough to stop canola’s upward momentum during the week ended July 19, while a pair of other factors are fueling the oilseed’s rise.  The November canola contract went from settling below the C$800 per tonne mark (C$797.50/tonne) on July 12 to exceeding the C$850 mark […] Read more
Under rainy skies on July 18, 2023 at Ag in Motion, Justine Cornelsen of Brett Young Seeds discusses soybeans’ evolving Canadian acreage base. (Glacier FarmMedia video screengrab)
Crops, Soybeans

At Ag in Motion: Soybean proponents still eye western expansion

Crop seen as a good add to rotations -- if conditions are right

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While canola is king of the Canadian oilseed market, the same can be said of soybeans in the United States. However, the big pulse crop south of the border has made inroads in the western provinces. Manitoba has seen the biggest growth in soybean acres with well over a million planted annually in recent years, […] Read more
The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Corn, Markets, Soybeans

CBOT weekly update: Dry conditions, war propel prices upward

Rally may push well into the week of July 24 and perhaps further: broker

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MarketsFarm – Prices on the Chicago Board of Trade continued to rally on July 19, and to Scott Capinegro of Barrington Commodity Brokers of Barrington, Ill., they appeared set to push higher.  Capinegro pointed to the hot and dry weather across much of the United States as the main reason for the gains being made […] Read more
(Dave Bedard photo)
Crops, Markets, Weather

Flax production to drop with fewer acres, dry conditions

'Prices are definitely going to be climbing'

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MarketsFarm — As with other crops on the Canadian Prairies, flax has been struggling with the hot and dry conditions across the region. That said, Scott Shiels of Grain Millers Canada at Yorkton, Sask. noted there’s very little doubt when it comes to flax prices increasing during the course of 2023. Presently, old-crop flax was […] Read more
Regan Ferguson tells of her experience using data on the farm near Melfort at Ag In Motion. (Jeff Melchior photo)
Crops, Machinery

At Ag in Motion: Find a purpose, then buy tech, Prairie grower says

No matter how cutting-edge, digital ag needs to be a fit on your farm

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Investing in digital agriculture can be a daunting experience. A producer’s best bet, one northeastern Saskatchewan farmer says, is to do your homework and find a purpose for it on your farm. “You have got to have the root purpose of why you got that technology. Either that or you talk to others to help […] Read more
Originally a tow-behind unit that attached to the back of the combine, the newer iteration of the Harrington Seed Destructor is a mill that can be integrated with the combine. (Photo: deBruin Engineering Pty Ltd.)
Crops, Machinery

At Ag in Motion: Harvest weed control still in the mix

'You’re not going to spray your way out of this'

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It’s a relatively new solution to the age-old problem of trying to get rid of weeds without broadcasting the seed or using increasingly less effective herbicides — mechanical separation and pulverization of weed seed. Harvest weed seed control might not be a golden bullet to tackle glyphosate-, fluroxypyr- and dicamba-resistant weeds, but according to Agriculture […] Read more
A Shanghai container terminal. (Chuyu/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Exports solid through 10 months

West Coast ports move to clear strike backlog

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MarketsFarm — Canadian pulse exports continued at a solid pace through most of the 2022-23 marketing year, although recent disruptions on the West Coast may cut into the final total. Roughly a quarter of all Canadian pea exports, a third of the lentils, and all the chickpeas typically move by container, with a strike by […] Read more
The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Cereals, Corn, Crops, Markets, Reuters, Soybeans, Spring Wheat

US Grains: wheat futures end firmer amid Black Sea supply worries

Ukrainian officials said Russian air strikes damaged the port of Odesa

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Chicago | Reuters – Chicago Board of Trade wheat futures finished stronger on Tuesday after Ukrainian officials said Russian air strikes damaged infrastructure at the port of Odesa, a day after Moscow quit the Black Sea grain export deal. The strikes diminished some expectations that Russia may still renew the export deal, analysts said. Markets […] Read more
Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)
Crops, Markets, Reuters

Insurers seen reviewing Black Sea ship cover after Russia quits deal

Last ship covered under deal left Sunday

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London | Reuters — Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia on Monday quit a UN-backed deal that allows the export of grain through a wartime Black Sea safe corridor, industry sources said. The agreement, brokered by Turkey last July, aimed to alleviate a global […] Read more

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