Photo: File/iStock

CBOT weekly outlook: Harvest pressure weighing on prices

'No heavy concerns about supply in general'

MarketsFarm — As harvests of soybeans, corn and spring wheat advanced in the United States, trader John Weyer of Walsh Commercial Hedging Services said the pressure on those commodities was going to continue over coming weeks. “We might test some technical levels, see some selloffs a bit and get some of it back. It’s going […] 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)

Britain says Russia may target civilian shipping with mines in Black Sea

Intel suggests goal is to deter Ukraine grain exports, Britain says

London | Reuters — Russia may use sea mines to target civilian shipping in the Black Sea, including by laying them on the approach to Ukrainian ports, the British government said on Wednesday citing intelligence. Russia in July pulled out of a deal that had allowed Ukraine to safely ship food products out through what […] Read more


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

U.S. grains: Chicago soybeans firm, risk aversion caps gains

Corn and wheat drop, export data eyed

Reuters — Chicago soybean futures edged up on Wednesday, as a declining U.S. dollar lifted the oilseeds at one point nearly one per cent before risk aversion pushed prices back toward their opening levels. Wheat declined and corn was squeezed between them in what one strategist called a seasonal “bottoming formation” for the U.S. agriculture […] Read more

File photo of black beans. (Nhattienphoto/iStock/Getty Images)

Pulse weekly outlook: ‘Average’ dry bean crop in Manitoba

Won't be close to last year's 'pretty phenomenal' crop

MarketsFarm — As Manitoba’s pulse harvest neared completion, a provincial pulse specialist says it will vary as to whether dry bean growers are satisfied with the result. Dennis Lange said that 96 per cent of Manitoba’s dry bean crop has already come off the field. In the central region, 97 per cent of its dry […] Read more


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

U.S. grains: Chicago soybeans drop in choppy trade

Wheat futures lifted by surprise purchase from China

Reuters — Chicago soybean futures fell on Tuesday, at one point nearing their lowest levels since December of 2021, under pressure from a stronger dollar, improving signs for the U.S. harvest and a brisk start to planting in Brazil. Chicago Board of Trade (CBOT) soybeans settled down 0.3 per cent at $12.72-3/4 a bushel. Futures […] Read more

burdock

Herbicide is only part of the pasture weed control program

Proper grazing management doesn't give weeds a place to start

Western Canadian livestock producers looking to control weeds on pasture should consider an integrated pasture management program that uses several tools from the tool box, says a specialties business leader with Corteva Agriscience. Mark Versluys says applying a herbicide to knock back some of the more difficult weeds is an excellent start, but that needs […] Read more


CBOT December 2023 soft red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Chicago wheat up off three-year low after steep sell-off

CBOT corn rises, soybeans flat as Brazil plantings race forward

Reuters — Chicago wheat futures rebounded on Monday on what one analyst characterized as “bottom-picking” after prices dropped more than six per cent to three-year lows on Friday. Corn followed wheat higher, but soybeans prices remained low after news reports of Brazilian farmers planting at a rapid clip. The U.S. Department of Agriculture (USDA) late […] Read more

(File photo by Dave Bedard)

Fund net short position grows in canola

Net long in CBOT soybeans seen declining

MarketsFarm — The managed money net short position in the ICE Futures canola market more than doubled during the week ended Tuesday on a combination of long liquidation and new bearish bets going on the books, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Sept. […] Read more



(Dave Bedard photo)

U.S. wheat, barley production increases in 2023

MarketsFarm — The U.S. Department of Agriculture issued its small grains 2023 summary on Friday, showing a 10 per cent increase in all wheat production in 2023 of 1.81 billion bushels. While oat production dipped one per cent at 57 million bushels, barley output rose six per cent at 185 million. U.S. wheat in 2023 […] Read more