acres Archives - Page 27 of 31

Corn down, soybeans steady in latest U.S. supply/demand report

By GFM Network News June 11, 2019

MarketsFarm — Corn production in the U.S. has been projected to drop by almost nine per cent in 2019, according to the latest world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA). The department released its report on June 11, with some notable changes and ‘non-changes’ compared to its May […] Read more

CBOT July 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy rise as report shows rain slows plantings

By GFM Network News June 4, 2019

Chicago | Reuters — Chicago Board of Trade (CBOT) corn futures rose on Tuesday to revisit last week’s three-year highs after the U.S. Department of Agriculture said U.S. planting was well behind the average pace for this time of year following repeated rainfall. Soybeans rose too as rain also slowed U.S. sowings, according to the […] Read more

Barley, Crops, Markets

Feed weekly outlook: Weather buoys grain prices

By GFM Network News May 30, 2019

MarketsFarm –– A dry spring on the Prairies, coupled with intensely wet weather south of the border, has frustrated producers and supported higher feed grain prices. Barley prices have rallied “quite strongly” due to dry weather observed across most of the Prairies, combined with tight supplies from previous years, said Nelson Neumann of Agfinity in […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Trade volatile ahead of USDA announcement

By GFM Network News May 22, 2019

MarketsFarm — The Chicago Board of Trade saw “a wild ride of volatility” on Wednesday, following rumours of a U.S. Department of Agriculture farm aid package that could top US$15 billion. The package would include payments of about $2 per bushel for soybeans and four cents per bushel for corn, according to Bloomberg. An official […] Read more

Crops, Markets, Peas

Pulse weekly outlook: Planted green, yellow peas lower prices

By GFM Network News May 14, 2019

MarketsFarm — Green and yellow pea seeding is well underway across the Prairies, causing new-crop prices to slide marginally while spot prices hold firm. As Dale McManus, a broker with Johnston Grain at Welwyn, Sask., explained, seeded acres and new crop prices have an inverse relationship: as seeded acres rise, new crop prices fall. Producers […] Read more

CBOT July 2019 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Crops, Markets, Reuters

U.S. grains: Export worries, big supplies drag soybean futures to new lows

By GFM Network News May 1, 2019

Chicago | Reuters — U.S. soybean futures fell to fresh contract lows on Wednesday, pressured by sluggish exports and worries that rain-delayed U.S. corn seeding would expand the number of acres planted with soybeans, which can be sown later in the spring. Corn futures firmed as soggy fields around much of the Midwest and forecasts […] Read more

Crops, Pulses

Pulse weekly outlook: Most Canadian pulse acres to decline

By GFM Network News April 30, 2019

Corrected, May 1 — MarketsFarm — Canadian farmers have been projected to plant fewer acres of pulses, according to Statistics Canada. “Keeping in mind this is the seeding intentions report based on a survey of growers from the beginning of March. It’s as current as the day it was collected,” said Carl Potts, executive director […] Read more

CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn higher on wet weather forecast

By GFM Network News April 26, 2019

Chicago | Reuters — U.S. corn futures rose about one per cent on Friday as wet weather forecast for the Midwest crop belt prompted short-covering, analysts said, while soybeans fell to multi-month lows. Wheat futures firmed slightly but still recorded a weekly decline as ample global supplies anchored the market. Chicago Board of Trade July […] Read more

Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Western Canadian market stabilizing

By GFM Network News April 26, 2019

MarketsFarm — Western Canadian feed grain prices have come under pressure over the last month, but appear to be stabilizing as attention turns to spring seeding across the Prairies. “We’ve been steadily dropping for the past few weeks, and it’s leveled out now,” said Tracey Green, grain broker with Market Master Ltd. in Edmonton. Buyers […] Read more

Crops, Markets

StatsCan confirms smaller canola acres, more wheat

By GFM Network News April 25, 2019

MarketsFarm — Canadian farmers intend to seed more spring wheat and less canola in 2019, according to Statistics Canada survey results released Wednesday. Additional shifts are also likely in subsequent reports, as dry conditions in southern Alberta and Saskatchewan may alter some intentions. Statistics Canada forecast canola area for 2019 at 21.3 million acres, which […] Read more

U.S. grains: Soy futures set six-week low as China buys Argentine cargoes, snubs U.S.

U.S. livestock: Hogs rally ahead of USDA report

Canadian Barley Research Coalition pledges $1.8 million to USask Crop Development Centre

GFM Network News