harvest Archives - Page 25 of 53

Feed weekly outlook: Barley finds support in lull between old, new crops

By Phil Franz-Warkentin, GFM Network News September 10, 2020

MarketsFarm — Feed barley bids in Western Canada are seeing some modest strength in early September, as old-crop supplies run out and the new crop is not yet available. “Prices have definitely gone up this past week,” said Mike Fleischhauer of Eagle Commodities at Lethbridge. Expectations for a good 2020 crop had farmers making space […] Read more

ICE November 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets, Weather

ICE weekly outlook: Canola shows volatility after long weekend

By GFM Network News September 9, 2020

MarketsFarm — Although there remains a lot of canola to be combined, one trader believes most harvest pressure on the market has already passed. “The farmers who wanted to sell off of the combine or shortly after, probably have done so already,” said Jerry Klassen, an independent Winnipeg commodities trader. There will still be some […] Read more

Crops

Grain traffic at Thunder Bay up 27 per cent on year

By MarketsFarm Team, GFM Network News September 9, 2020

MarketsFarm — Grain movement through the Port of Thunder Bay is reported to be up 27 per cent compared to the previous year halfway through the 2020 shipping season. A total of 5.05 million tonnes of grain were shipped through Thunder Bay as of Aug. 31, port officials said in a release. That compares with […] Read more

A Redekop MAV Straw Chopper mounted to a Claas Lexion combine.

Machinery

Residue management innovations from Redekop, New Holland, Case IH

The latest straw chopper technologies offer increased spreader widths, finer cuts, more efficiencies and in-cab controls

By Jodi Helmer September 5, 2020

For farmers who practice low-till or no-till, residue management is essential. “We’re leaving a lot more residue on the field and that residue brings some benefits because it traps moisture and reduces erosion,” explains Trevor Thiessen, president and co-owner of Redekop Manufacturing in Saskatoon. “If straw is not chopped finely and spread evenly, it can […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices gain strength

By GFM Network News September 3, 2020

MarketsFarm — Harvest activity in the western Canadian Prairies had depressed feed grain prices at the end of August, but prices have recovered slightly. “There’s been a bit of a break in harvest activity,” Allen Pirness of Market Place Commodities in Lethbridge said. Producers in southern Alberta had been harvesting barley at the end of […] Read more

CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Seasonal harvest pressure weighs on soy, corn

By GFM Network News September 3, 2020

MarketsFarm — Market activity on the Chicago Board of Trade has been characteristic for September, with harvest activity keeping pressure on values. “The trend for September turns to the downside as harvest starts to pick up,” said Steve Georgy of Barrington Commodities at Barrington, Ill. However, next week’s world agriculture supply and demand estimates (WASDE) […] Read more

Canola, Crops, Markets

ICE weekly outlook: Rising canola market watches harvest

By Phil Franz-Warkentin, GFM Network News September 3, 2020

MarketsFarm — ICE Futures canola contracts remained pointed higher during the week ended Wednesday, hitting some of their best levels in two years. However, its upside may be limited as harvest picks up over the next month. “Canola could go a little higher, but we’re probably pushing upper ranges for now until we have more […] Read more

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

Corn, Crops, Soybeans

StatsCan predicts more corn, less soy in 2020 harvest

Fewer acres but higher yields predicted

By Dave Bedard, GFM Network News September 1, 2020

Statistics Canada’s latest round of expectations for the 2020 harvest calls for more corn and less soy than in 2019, with higher yields offsetting lower planted acres for both crops. In its Production of principal field crops report, using information from July — based on models created using satellite technology — StatsCan on Monday called […] Read more

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Grain prices soften into fall

By GFM Network News August 28, 2020

MarketsFarm — Old-crop feed grain prices are converging with new-crop and coming under some seasonal pressure. “As we get closer to new crop, we’ve been seeing the switch to new-crop prices from old-crop,” said Erin Harakal, a senior trader with Agfinity in Lethbridge. Feed barley prices are around $195-$200 per tonne delivered in the Lethbridge […] Read more

Canola, Crops, Markets

ICE weekly outlook: How long can canola rally last?

By GFM Network News August 27, 2020

MarketsFarm — Canola on ICE Futures has continued to push higher over the last week largely due to the growing strength in soyoil on the Chicago Board of Trade. “We got soyoil at a seven-month high and that’s certainly a supportive factor in continuing to underpin our market,” said Keith Ferley, a trader with RBC […] Read more

U.S. livestock: Feeder contracts set fresh highs

U.S. grains: Soybeans, corn choppy as trade awaits U.S. crop tour results

Livestock Tax Deferral regions announced for drought-affected producers

GFM Network News