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Crops Crops

(Dave Bedard photo)
Canola, Crops, Markets

Fund traders back on the long side in canola

Net long also extended in CBOT corn, soy

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MarketsFarm — Speculators in ICE canola moved back to a net long position in the futures to start the New Year, according to the latest Commitment of Traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money long position in ICE Futures canola came in at 6,805 contracts on Jan. […] Read more
CBOT March 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy, wheat end lower as market awaits USDA reports

Grain trade also monitoring Brazil

By
Chicago | Reuters — U.S. corn futures fell on Monday for the sixth time in seven sessions and wheat and soybeans finished mostly lower, as investors weighed weather-reduced production in some areas of South America against tepid demand for U.S. supplies. Wheat futures also retreated as late-session technical selling eroded earlier support from a weaker […] Read more
A look at last year's map shows the red has mostly given way to yellow.
Columns, Crops

Les Henry: Soil moisture map for 2023

This year’s map won’t be a surprise for most farmers

By
Before we talk about the 2023 map, perhaps we should take readers back to the very first Stubble Soil Moisture Map, which was for the province of Saskatchewan only. It appears on page 109 of Henry’s Handbook of Soil and Water if anyone wants to check it out. As far as I know, it was […] Read more
File photo of a John Deere X9 combine. (Deere.ca)
Crops, Machinery, Reuters

American Farm Bureau, Deere sign ‘right to repair’ memo

MOU to seek private-sector solutions

By
Chicago | Reuters — The American Farm Bureau Federation and machinery manufacturer Deere and Co. signed a memorandum of understanding on Sunday that ensures farmers have the right to repair their own farm equipment or go to an independent technician. As the agriculture sector accelerates its adoption of technology, the reliance on high-tech machinery such […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids lower as futures take a hit

CWRS values mixed; CPSR and durum down

By
MarketsFarm — Coming out of the holiday season, most western Canadian wheat bids were slightly lower for the week ended Thursday, as wheat futures in the U.S. continued to be bearish. U.S. wheat exports continue to fall behind last year’s pace, as cheaper Russian wheat floods the market due to a potential record crop and […] Read more
CBOT March 2023 soft red winter wheat with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat posts biggest weekly loss in six months

Soybeans, soymeal rally on Argentina drought

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Chicago | Reuters — Chicago Board of Trade wheat futures weakened on Friday and posted their biggest weekly decline in six months as ample supplies from the Black Sea region weighed on prices, analysts said. Soybean and soymeal futures rallied amid increasing concerns about drought hurting crops in Argentina, the world’s leading exporter of processed […] Read more
(Dave Bedard photo)
Crops

SaskCanola, SaskFlax merge offices, management

Groups will maintain separate governing boards, levies

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Sasskatchewan’s canola and flax development commissions are consolidating their management, staff and office space under one roof. SaskCanola and SaskFlax said Wednesday their new “management collaboration” will translate to efficiencies for both commissions with “a full staff complement to support both boards.” Both organizations will now operate out of the current SaskCanola office at Innovation […] Read more
CBOT March 2023 soft red winter wheat with 20-day moving average (black line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat up off nearly four-week low

Corn, soy futures set two-week lows

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Chicago | Reuters — Chicago Board of Trade wheat futures turned higher on short-covering and bargain buying on Thursday after dropping to their lowest price in almost four weeks, analysts said. Corn and soybeans set two-week lows as concerns about demand and economic headwinds, including the impact of surging COVID-19 cases in China, continued to […] Read more

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