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CBOT July 2023 soft red winter wheat with 20-day moving average, Minneapolis July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago wheat hits 25-month session low on good crop conditions

Market eyes talks on Black Sea grain corridor

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Mexico City | Reuters — Chicago wheat hit a 25-month low in the session to close lower on Tuesday, on weather that looked good for U.S. crop development and improving crop conditions. Wheat has been pressured down in recent days after the winter wheat crop rating as of Sunday was up two points from the […] Read more
(iStock/Getty Images)
Crops, Peas, Pulses, Weather

Pulse weekly outlook: Manitoba’s dry beans, peas show strong yields

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MarketsFarm — With the return of typical temperatures and healthy amounts of precipitation throughout the growing season, Manitoba had successful pea and dry bean crops during the 2022-23 marketing year, according to the province’s pulse specialist. Dennis Lange of Manitoba Agriculture said both crops showed high yields from their respective harvests. The Manitoba pea harvest […] Read more
(Creativex/iStock/Getty Images)
Crops, Weather

Manitoba’s harvest 79 per cent complete, report says

Cereal harvest wrapped in most areas

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MarketsFarm — Harvest operations across Manitoba were 79 per cent complete as of Tuesday, according to the latest crop report from the provincial agriculture department. That figure was up from 63 per cent the previous week, but two weeks off the five-year average of 89 per cent. Harvest progress was the most advanced in central […] Read more
CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: USDA cuts soy, corn crop outlooks, trims demand

Large Russian wheat supplies temper war worries

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Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Wednesday after the U.S. Department of Agriculture (USDA) unexpectedly cut its U.S. harvest forecast and raised imports by top soy buyer China in a monthly report. Soybean price gains were held in check, however, by expectations for large South American crops that […] Read more
CBOT December 2022 soft red winter wheat (candlesticks) with 20-, and 50-day moving averages (green and black lines), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn slip ahead of key crop forecasts

Corn, soy consolidate as U.S. crop data watched

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Chicago | Reuters — Chicago wheat futures fell back on Tuesday, after jumping to a three-month high a day earlier, as signs of escalation in the war between Russia and Ukraine continued to raise concerns about the viability of Black Sea grain trade in the coming months. Corn futures slipped, and soybeans firmed, as investors […] Read more
(Lightguard/iStock/Getty Images)
Crops, Weather

Saskatchewan’s harvest 90 per cent complete

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MarketsFarm — Excellent weather over the week ended Monday saw Saskatchewan farmers make good harvest progress, with 90 per cent of the province’s crops off the field, according to the latest provincial report. Harvest progress was up from 81 per cent the previous week — and from the five-year average of 82 per cent. While […] Read more
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Pulses, Weather

Pulse weekly outlook: Saskatchewan’s pulse harvest seen as average

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MarketsFarm — As the harvest in Saskatchewan wraps up for 2022, pulse specialist Dale Risula said pulse crops were quite good this year — a definite improvement over last year’s drought-stricken production. “Overall for the province we will likely see average production this year, although some areas suffered pretty badly,” Risula said. He said there […] Read more
CBOT December 2022 soft red winter wheat (candlesticks) with 20- and 50-day moving averages (green and black lines), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat retreats after nearing three-month high

USDA reported lower-than-expected corn stocks Friday; soy harvest progress exceeds expectations

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Chicago | Reuters — Chicago Board of Trade wheat futures settled lower on profit-taking on Monday after approaching a three-month high reached during the previous session, traders said. The setback in wheat futures came after a reduced official estimate of the U.S. harvest and heightened tensions in the Ukraine war put renewed attention on global […] Read more
(Jacek_Sopotnicki/iStock/Getty Images)
Crops, Weather

Alberta harvest in home stretch as province dries up

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MarketsFarm — As harvest progress in Alberta remained well ahead of the five-year average, soil moisture levels in the province continued to dwindle. With a gain of 12 points on the week, Alberta Financial Services Corp. (AFSC) estimated 87.6 per cent of the major crops were harvested. While that’s slightly below this time last year, […] Read more

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