acres Archives - Page 17 of 31

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

CBOT weekly outlook: Markets move ahead of USDA report

By GFM Network News March 25, 2021

MarketsFarm — Chicago Board of Trade (CBOT) market participants are awaiting next week’s prospective plantings report from the U.S. Department of Agriculture (USDA), due out March 31. Ahead of the report, average trade estimates predict 93 million acres of corn, 90 million acres of soybeans and 46 million acres of wheat will be planted in […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Wheat stocks should limit barley’s further upside

By Phil Franz-Warkentin, GFM Network News March 19, 2021

MarketsFarm — Feed barley bids in Western Canada remain strong, although ample wheat supplies should limit the upside heading into the new growing season. Feed barley in the Lethbridge region of southern Alberta is currently trading at around $305-$310 per tonne, according to Jim Beusekom of Market Place Commodities. Prices for delivery later in the […] Read more

Oats. (Doug Wilson photo courtesy ARS/USDA)

Crops, Markets, Oats

Oats riding high with other crops

By GFM Network News March 19, 2021

MarketsFarm — Increased demand, both domestically and overseas, has caused the price of oats grown in Western Canada to rise compared to last year. And so far, seeding projections and rising prices for other crops suggest the market for oats won’t go down anytime soon. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids […] Read more

Pulse Canada CEO Gordon Bacon. (File photo)

Crops, Markets, Pulses

Pulse weekly outlook: Pulse Canada CEO retiring

By GFM Network News March 10, 2021

MarketsFarm — After nearly 24 years at the helm of Pulse Canada, Gordon Bacon is retiring as the organization’s chief executive officer. Bacon was Pulse Canada’s first hire and has been its CEO since its inception. “It sounds like a story, but on my first day on the job, I went out and bought a […] Read more

A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)

Corn, Crops, Markets

Feed weekly outlook: Manitoba corn market warms up, rain needed

By GFM Network News March 4, 2021

MarketsFarm — With feed grain prices staying strong, Manitoba corn growers are hoping for a high yield in the face of other high-performing crops later this year. Warren McCutcheon, a farmer from Carman, Man. and a member of the corn crop committee for the Manitoba Crop Alliance, said he expects similar acreage for this year’s […] Read more

Crops, Lentils, Markets

Pulse weekly outlook: Turkey’s record-level lentil imports expected to decrease

Country's domestic acreage expected up in 2021

By GFM Network News March 3, 2021

MarketsFarm — Canadian lentil exports to Turkey reached unprecedented numbers in 2020. According to Statistics Canada data, Turkey imported 534,160 tonnes worth $355 million during the calendar year, making it the second-largest buyer of Canadian lentils behind India. Last year’s total nearly equalled the amount of lentils Canada exported to Turkey over the previous three […] Read more

Crops, Markets

Sunflower seed market falls back to Earth

By GFM Network News March 2, 2021

MarketsFarm — Sunflower growers in Canada took off a bumper crop in 2020, almost hitting the 100,000-tonne mark for the first time since 2010. The forecast for this year’s crop isn’t as sunny. Agriculture and Agri-Food Canada’s latest outlook, released earlier this month, predicts the national sunflower seed crop in 2021 at 75,000 tonnes off […] Read more

CBOT May 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn, soy, wheat futures ease in setback from surges

Sovecon raises Russian wheat export forecast

By Tom Polansek, GFM Network News March 1, 2021

Chicago | Reuters — U.S. grain and soybean futures eased on Monday in a setback from rallies driven by concerns about tight crop supplies. The markets will likely not decline too sharply, traders said, because of strong demand from China and the need for large global harvests. In corn, speculative bullishness in corn remains near […] Read more

(Photo courtesy Canary Seed Development Commission of Saskatchewan)

Crops

Canary seed competing with other crops on the rise

'There's a fight for acreage'

By GFM Network News February 25, 2021

MarketsFarm — During the fall of 2020, canary seed crossed above the 30 cents per pound mark — where it’s currently staying. And those who work with the crop expect its price to remain above that mark this year. David Nobbs, pulse merchant for Purely Canada Foods at Saskatoon and former chair of the Canary […] Read more

CBOT November 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans rise as USDA projects tight supplies into 2022

Wheat slumps on profit taking, nearby corn also slips

By GFM Network News February 20, 2021

Chicago | Reuters — U.S. soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) forecast domestic supplies of the oilseed would remain historically tight into 2022 despite its projection for a record-large harvest this autumn. Corn futures were mixed, with nearby contracts slipping from earlier highs on profit-taking ahead of the weekend, […] Read more

GFM Network News

Canadian trade data delayed by U.S. government shutdown

Sigurdson applauds Alberta farmers

U.S. grains: Soy, corn dip on farmer selling; U.S.-China trade talks in focus

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