Crops & Production Tips

U.S. EPA allows temporary summer sales of higher-ethanol fuel

Waiver seen as score for corn growers

By GFM Network News April 30, 2022

New York | Reuters — The U.S. Environmental Protection Agency issued an emergency waiver for a higher-ethanol gasoline blend on Friday, allowing summertime sales of the fuel in an attempt to help lower gasoline prices at the pump. The move represents a temporary win for the biofuels industry and corn farmers, as it will likely […] Read more

CBOT July 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Wheat futures fall after rains

Chicago soybeans, corn flat

By Mark Weinraub, GFM Network News April 30, 2022

Chicago | Reuters — U.S. wheat futures fell to three-week lows on Friday, led by hard red winter wheat contracts after showers in key growing parts of the U.S. Plains provided a much needed boost to soil moisture, traders said. Corn futures ended unchanged after spiking to their highest in nearly 10 years for the […] Read more

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Seeding on time in southern Alberta

By GFM Network News April 29, 2022

MarketsFarm — As southern Alberta still reels from the effects of last summer’s drought, one trader expects spring seeding for feed grains to be on time. “I think it should be on schedule this year,” said Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta. Planting has already started in some places around […] Read more

Crops

Elevator declarations changing Aug. 1

CGC says the move won't harm Canada's grain quality assurance system

By Allan Dawson, GFM Network News April 28, 2022

The declarations of eligibility western Canadian farmers sign before delivering to elevators, effective Aug. 1, will no longer include crops that don’t require end-use quality assessment as part of the variety registration process. “It’s not a big change,” Canadian Grain Commission (CGC) spokesman Remi Gosselin said in an interview Thursday. Wade Sobkowich, executive director of […] Read more

Flags in front of the European Commission headquarters in Brussels. (Inakiantonana/E+/Getty Images)

Crops, Markets

EU crops to face some challenges in 2022-23

By GFM Network News April 28, 2022

MarketsFarm — Total grain production in the European Union is expected to decrease overall by 2.4 per cent in 2022-23, according to U.S. Department of Agriculture attachés throughout the multi-nation bloc. For the coming crop year, they forecast production to be 286.02 million tonnes of wheat, corn, barley, rye, oats, mixed grains and others. One […] Read more

CBOT July 2022 corn (candlesticks) with 20- and 40-day moving averages (yellow and orange lines). (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn edges higher as traders eye Midwest weather

Soybean, wheat futures weak

By Mark Weinraub, GFM Network News April 28, 2022

Chicago | Reuters — U.S. corn futures rose on Thursday, briefly hitting a fresh 10-year high, on forecasts for more showers that will further delay planting in the rain-soaked Midwest, traders said. Soybean futures eased, with traders noting that the slow pace of corn planting could cause an uptick in soybean acres as the calendar […] Read more

ICE July 2022 canola (candlesticks, right column) with 20-day moving average (yellow line) and CME July 2022 crude palm oil (orange line, left column). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola books steep rise in prices

By GFM Network News April 28, 2022

MarketsFarm — Canola prices, along with other edible oils, received a strong boost on Wednesday due to sharp upticks in Malaysian palm oil values. Canola futures have also received support from a bullish forecast this week from Statistics Canada on planted acres for this spring. Despite the Indonesian government stating Monday its export ban on […] Read more

CBOT July 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets

CBOT weekly outlook: ‘Confluence of events’ keeps corn, soy supported

By Phil Franz-Warkentin, GFM Network News April 28, 2022

MarketsFarm — Corn futures at the Chicago Board of Trade hit fresh contract highs on Wednesday, while soybeans also remain well supported with a number of factors likely to keep the grains and oilseeds underpinned going forward. “It’s never just one thing, a confluence of events have taken us up,” said Sean Lusk of Walsh […] Read more

File photo of a Salford 5200 Enforcer tillage unit operating in corn stubble. (Salford.com)

Crops, Machinery

MacDon owner Linamar to buy Salford

Linamar to pay $260M for Ontario tillage, fertilizer equipment maker

By Dave Bedard, GFM Network News April 28, 2022

Canadian industrial equipment and parts maker Linamar, the owner of MacDon Industries, is set to further expand its reach in the ag equipment sector by buying the Salford Group. Guelph-based Linamar announced Wednesday it has an agreement in place worth $260 million to buy 100 per cent of the equity in Salford, which makes fertilizer […] Read more

CBOT July 2022 soyoil (candlesticks, right column) with July 2022 soybeans (yellow line, left column). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soyoil futures rally to record high

Corn hits highest since August 2012

By Mark Weinraub, GFM Network News April 27, 2022

Chicago | Reuters — U.S. soyoil futures surged to a record high on Wednesday after Indonesia broadened its export ban on raw materials for cooking oil to fight food inflation, traders said. “The move dramatically tightens an already tight global supply of edible oils that saw global prices surge when the Russian invasion of Ukraine […] Read more

Media reports suggest U.S. dairy access to Canada a topic of conversation in Ottawa

U.S. livestock: Cattle choppy amid weak cash market, tight supply

China’s canola, soybeans imports to drop one million tonnes each

GFM Network News