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Crops Crops

CBOT December 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy futures up off multi-month lows

Chicago wheat settles lower

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Chicago | Reuters — Chicago Board of Trade corn and soybean futures rebounded on Wednesday after tumbling to multi-month lows as fears about a global recession fueled liquidation in commodity markets, analysts said. Bargain buying helped support prices following recent sell-offs by funds that were seen as overdone, analysts said. Traders remain uncertain about the […] Read more
Corn seedlings in southern Ontario in 2021. (Farmtario photo by John Greig)
Corn, Crops, Soybeans

StatCan trims Canadian corn, soy acreage estimates

Grain corn acreage still expected up from 2021 level

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New Statistics Canada projections show the country’s grain corn and soybean growers have slightly curbed their enthusiasm for those crops compared to their intentions earlier in the year. StatCan on Tuesday released the results of its 2022 June field crop survey, conducted between May 13 and June 12, projecting Canadian corn area at 3.633 million […] Read more
CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Futures fall on recession fears, Midwest rains

U.S. crop ratings lower than trade expected

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Chicago | Reuters — U.S. corn, soybean and wheat futures fell to multi-month lows on Tuesday, joining a broad sell-off in crude oil and equity markets tied to fears of a global economic recession and waning demand for commodities, analysts said. Beneficial rains in portions of the U.S. Midwest over the Independence Day weekend bolstered […] Read more
File photo of a cornfield in the northern region of Luzon in the Philippines. (Nate Hovee/iStock/Getty Images)
Corn, Crops, Reuters

Marcos vows to boost Philippines’ grains output

New president/ag min aims to avert food crisis

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Manila | Reuters — Philippine President Ferdinand Marcos Jr. vowed Monday to do what it takes to boost his country’s rice and corn production, seeking to reduce reliance on imports and avoid being hit hard by a food crisis now looming across the world. Marcos, who was sworn in as president last week and has […] Read more
(Dave Bedard photo)
Crops, Markets, Weather

StatCan raises Canada’s canola plantings from earlier estimate

Farmers seen returning to 'steady Eddie' wheat

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MarketsFarm –– Canadian canola plantings are projected to come in above earlier expectations but would still be well below what was seeded to the crop in 2021, according to updated acreage estimates from Statistics Canada released Tuesday. Meanwhile, wheat area in the country is forecast at its highest level in nearly a decade. After a […] Read more
Flea beetles in canola seedlings. (Canola Council of Canada video screengrab via YouTube)
Canola, Crops, Weather

Flea beetles an issue in parts of Saskatchewan

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MarketsFarm — Delays to spring seeding in some regions of Saskatchewan, such as the northeast, have opened the door for infestations of flea beetles, according to provincial pest management specialist James Tansey. Canola crops that were planted later than normal are suffering from flea beetles, he said. Extremely late-seeded canola has been relatively free from […] Read more
Signage outside an IBEW office in Winnipeg. (File photo by Dave Bedard)
Crops, Machinery

CN signals staff to return to work Wednesday

IBEW, railway to go to binding arbitration

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Signals and communications workers at Canadian National Railway (CN) are set to end their 17-day strike and return to work Wednesday morning. CN, in a statement Monday, said the International Brotherhood of Electrical Workers (IBEW) System Council 11, which represents about 750 of the company’s employees across the country, had agreed to take its labour […] Read more
Photo: File
Canola, Crops

BASF pegs InVigor canola woes

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BASF says they are aware of the issues farmers are seeing in some of their canola varieties. A statement from the company, released in mid-June, noted that some InVigor hybrids “may be encountering various challenges that could be hindering crop establishment this season.” The issue had been noted in “select geographies” in Western Canada, according […] Read more
Alberta cereal crops lead the way in terms of favourable development in the latest provincial crop report. Photo: File
Crops, Markets

Crop conditions in Alberta see remarkable turnaround

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MarketsFarm – As the heydays of summer approach, Alberta reported that its crops were in good shape. The crop report placed all crops in the province at 75 per cent good to excellent, slightly above the five-year average. The rains throughout June were credited with the turnaround, but overall growth and development remained somewhat behind […] Read more

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