Crops & Production Tips

CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybeans ease as large crops loom

Wheat drops on easing supply worries

By Christopher Walljasper, GFM Network News September 13, 2021

Chicago | Reuters — Chicago soybeans ended lower on Monday, pressured as farmers begin harvesting what is expected to be a near-record crop, though stronger-than-expected weekly export sales mitigated losses. Corn also saw harvest pressure, while wheat dropped on easing concerns about global supplies. Chicago Board of Trade most-active soybeans lost 1-3/4 cents to end […] Read more

Crops, Wheat & Chaff

Soil variability changes nutrition requirements

Q & A with an expert

By Brianna Lummerding September 13, 2021

Q: Can field performance be enhanced by a better understanding of the soil and nutrition placement? A: Soil nutrition in a field can be looked at like a blanket — not the boring, white, duvet-type of blanket, but a more unique quilt with diversity in patterns and colours. This soil variability in the field changes […] Read more

Crops, Reuters

Kansas City Southern plans to accept CP’s bid

Deal would create new lanes for Prairie freight, CP says

By Reuters, GFM Network News September 13, 2021

Reuters — U.S. railway Kansas City Southern said on Sunday it planned to accept Canadian Pacific Railway’s US$27.2 billion cash-and-stock acquisition offer as superior to its US$29.6 billion deal to sell itself to Canadian National Railway. CN now has until the end of Friday to submit a better offer or lose its deal with KCS. […] Read more

Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)

Crops, Reuters

Louis Dreyfus completes stake sale to ADQ

Deal includes long-term supply line to UAE

By Reuters, GFM Network News September 11, 2021

Paris | Reuters — Louis Dreyfus Co. (LDC) said on Friday it had completed the sale of a 45 per cent indirect stake to Abu Dhabi holding firm ADQ, marking the arrival of the first non-family shareholder in the agricultural commodity group’s 170-year history. The overall value of the deal was not disclosed but LDC […] Read more

Grain is loaded onto ships for export at a port on the Parana River near Rosario, Argentina on Jan. 31, 2017. (File photo: Reuters/Marcos Brindicci)

Crops, Markets, Reuters

Argentina agrees short-term contract with river dredger

By GFM Network News September 11, 2021

Buenos Aires | Reuters — Argentina’s government has agreed a short-term deal with Belgian firm Jan de Nul to dredge the Parana River, a government source said Friday, a move that should ease industry concerns in the near-term over navigability of the critical grains waterway. Exporters had grown worried about a lack of clarity over […] Read more

AAFC’s Drought Monitor map as of Aug. 31, 2021.

Crops, Weather

Drought maps show little change at end of August

By Phil Franz-Warkentin, GFM Network News September 11, 2021

MarketsFarm — Much of Western Canada remained in some state of drought at the end of August despite widespread rains late in the month, according to updated maps compiled by Agriculture and Agri-Food Canada. The area mapped out as dealing with ‘exceptional drought’ in south-central Manitoba’s agricultural regions contracted slightly compared to the previous month […] Read more

Corn, Crops, Markets, Soybeans

USDA’s September supply/demand data contain few surprises

By GFM Network News September 11, 2021

MarketsFarm — There was few, if any, surprises to be found for grain traders in the latest supply and demand report from the U.S. Department of Agriculture (USDA). The September world agriculture supply and demand estimates (WASDE) was pretty much stand-pat in terms of U.S. corn and soybeans, according to trader Andrew Mages of Progressive […] Read more

CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans firm, fail to erase earlier losses

Wheat around seven-week low as world supply concerns ease

By Christopher Walljasper, GFM Network News September 11, 2021

Chicago | Reuters — Chicago soybean futures firmed on Friday, following the U.S. Agriculture Department’s monthly supply and demand report showing a drop in harvested U.S. acres, though much of the reports findings had been anticipated by earlier trading. Corn traded near even, while wheat edged lower after touching a new seven-week low, pressured by […] Read more

Barley, Crops, Markets

Feed weekly outlook: Incoming corn pressures barley, wheat

By GFM Network News September 10, 2021

MarketsFarm — Pressure from forthcoming corn imports from the U.S. have been driving down feed prices for barley and wheat in Saskatchewan and Manitoba, according to Evan Peterson, trader with JGL Commodities in Saskatoon. Meanwhile, prices in Alberta held steady. “We’re seeing some decent coverage right now on the feeder side. We’re waiting for the […] Read more

CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybean, wheat fall ahead of USDA report

StatsCan stocks report dragged on wheat

By Mark Weinraub, GFM Network News September 9, 2021

Chicago | Reuters — U.S. corn futures fell to their lowest in 7-1/2 months on Thursday, under pressure from expectations that the U.S. government will raise its domestic production forecast, traders said. Wheat futures sank 2.4 per cent to their lowest in more than a month on follow-through technical selling after a Canadian report on […] Read more

GFM Network News

U.S. livestock: Cattle futures gain on higher beef values, tight supplies

Mail strike disrupts grain sample delivery

U.S. grains: Soybeans tick up as market weighs crops, U.S.-China ties

Crops