Crops & Production Tips

Thunder Bay reports rare inbound grain shipment

By GFM Network News September 3, 2021

MarketsFarm — Grain movement at the Port of Thunder Bay included a rare inbound cargo of feed wheat, according to the port’s latest monthly report. A 12,000-tonne shipment of feed wheat was delivered to Richardson’s Current River elevator from the company’s facility in Hamilton, Ont. The wheat was said to be destined for Manitoba feedlots, […] Read more

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

Crops, Markets, Reuters

U.S. grains: Soybeans, corn, wheat end firmer on bargain buying

Markets up off fall from Ida damage

By Julie Ingwersen, GFM Network News September 2, 2021

Chicago | Reuters — U.S. soybean futures firmed on Thursday on bargain buying after a six-session slide and better-than-expected weekly export sales data, analysts said. Corn and wheat futures also edged higher, consolidating after recent declines. Chicago Board of Trade November soybeans settled up 5-1/2 cents at $12.83-1/4 per bushel, bouncing a day after hitting […] Read more

This photo was taken July 23, 2021. Corn, carrots and tomatoes have been watered often. The zucchini in the foreground received almost no extra water above the 1.75 inches of rain on May 24 and 0.85 inches on June 10. No rain of any account since then. All squash types have tremendous root systems.

Columns, Crops

Les Henry: The joys of subsoil moisture. 2021 credited to snow

This year has been a major learning curve for me

By Les Henry September 2, 2021

Regular readers will recall my earlier columns – ‘A snow job: Part 1‘ and ‘A snow job: Part 2‘ – dealt with snow as a contributor to 2021 crops. This year has been a major learning curve for me on the possible benefits of snow to grow a crop. My dad always said, “Give me […] Read more

File photo of a canola crop south of Ethelton, Sask. in 2019. (Dave Bedard photo)

Canola, Crops, Weather

Nexera canola seed to come with heat blast insurance

Corteva's 'Heat Advantage' provides coverage on seed purchased by Oct. 29

By Allan Dawson, GFM Network News September 2, 2021

Farmers can’t prevent canola flowers from aborting in hot weather resulting in lower yields, but one seed company is providing some insurance against it — as part of the price of the seed. Brevant’s Nexera canola seed comes with a “a first-of-its-kind” insurance policy worth up to $100 an acre to offset yield losses due […] Read more

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

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans sag on export worries after Ida

Wheat futures follow downward

By Julie Ingwersen, GFM Network News September 1, 2021

Chicago | Reuters — U.S. corn futures fell about two per cent on Wednesday, with the benchmark December contract hitting a seven-week low as worries about shipping delays from the U.S. Gulf Coast triggered a round of long liquidation, analysts said. Soybean futures touched a two-month low and wheat followed the weaker trend. Commodity funds […] Read more

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines) and CBOT October 2021 soyoil (blue line, left column). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola futures slide, cash prices might not follow

Weakness seen ongoing in soy complex

By GFM Network News September 1, 2021

MarketsFarm — If the October soyoil contract on the Chicago Board of Trade (CBOT) falls to 55 U.S. cents/lb., it’s likely ICE Futures canola will drop to around $850 per tonne, according to analyst Errol Anderson of ProMarket Communications in Calgary. ICE November canola closed Wednesday at $890.80 per tonne, giving up $10.80 since the […] Read more

Floodwaters surround Shell’s Norco fuel refinery site after Hurricane Ida pummeled Norco, La., west of New Orleans, on Aug. 30, 2021. (File photo: Reuters/Devika Krishna Kumar)

Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Soybeans, corn looking past hurricane

By GFM Network News September 1, 2021

MarketsFarm — Hurricane Ida has wreaked havoc on the U.S. Gulf Coast, pressuring Chicago Board of Trade soybean and corn futures as exports face disruptions — but the market is reacting more to what’s coming next than what has already happened, an analyst says. “I don’t know what the ramifications, if any, are for the […] Read more

Crops, Reuters

Pot producer TerrAscend to buy U.S. rival Gage Growth

Company to pay US$545 million

By Reuters, GFM Network News September 1, 2021

Reuters — Cannabis producer and processor TerrAscend will buy Michigan-based rival Gage Growth Corp., backed by prominent cannabis investor Jason Wild, for around US$545 million, the pot producer said on Wednesday. Dealmaking in the U.S. cannabis industry has heated up this year as companies bank on Democrats’ promises to reform marijuana laws and potentially legalize […] Read more

Nova Scotia Agriculture Minister Greg Morrow. (PCPartyNS.ca)

Crops

Rookie Nova Scotia MLA named agriculture minister

Greg Morrow sworn in Tuesday

By Dave Bedard, GFM Network News September 1, 2021

A radio news director from eastern Nova Scotia has been tapped as the provincial agriculture minister for incoming Premier Tim Houston’s Progressive Conservatives. Greg Morrow, the new MLA for Guysborough-Tracadie, was sworn in Tuesday along with the other members of Houston’s 19-member cabinet. Houston’s Tories ousted Iain Rankin’s Liberal government in the Aug. 17 provincial […] Read more

Crops, Markets, Pulses, Weather

Pulse weekly outlook: Tight Canadian supplies to cut into exports

By Phil Franz-Warkentin, GFM Network News September 1, 2021

MarketsFarm –– Canadian pulse supplies during the 2021-22 marketing year will be the tightest of the past decade due to drought during the growing season, with the country likely to be a much smaller player in the international export market for peas, lentils and chickpeas as a result. Statistics Canada pegged the country’s 2021-22 pea […] Read more

GFM Network News

Prairie forecast: A temperature rollercoaster and the possibility of snow

Nestle quits global alliance on reducing dairy methane emissions

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