A dried-out corn crop next to cotton planted into a dried-out cornfield at Tostado in Argentina’s northern Santa Fe province, on Feb. 8, 2023. (Photo: Reuters/Miguel Lo Bianco)

CBOT weekly outlook: Argentina estimates lowered, but attention soon shifting north

U.S. corn, soyoil export outlooks 'a little concerning'

MarketsFarm — Sizeable reductions to Argentina’s soybean and corn crops were confirmed in the latest supply/demand estimates (WASDE) from the U.S. Department of Agriculture, with more reductions likely in future reports. However, attention in the markets is starting to shift to North American weather, with spring seeding just around the corner. “The USDA was a […] Read more

Yellow peas. (Victoria Popova/iStock/Getty Images)

Pulse weekly outlook: Manitoba growers not worried about Merit situation

Pea, canola protein processor in receivership

MarketsFarm — After Manitoba-based plant protein processor Merit Functional Foods went into receivership last Wednesday, Manitoba Pulse and Soybean Growers (MPSG) executive director Daryl Domitruk said it is not a microcosm of the province’s pulse industry. Domitruk said MPSG learned about Merit’s financial situation through the media. He also added that some Manitoba pea growers […] Read more


CBOT March 2023 soybeans (candlesticks) with 20-day moving average and November 2023 soybeans (dark green o/h/l/c). (Barchart)

U.S. grains: Soybeans end higher in choppy trade

CBOT corn mixed, wheat down; MGEX, K.C. wheats up

Chicago | Reuters — U.S. soybean futures inched higher on Thursday while corn ended narrowly mixed after a choppy session as traders weighed poor crop prospects in Argentina against the expanding harvest of a massive Brazilian soybean crop and fears of rising interest rates, analysts said. Chicago Board of Trade (CBOT) wheat futures fell on […] Read more

Deere just introduced its ExactShot technology for planters. It applies liquid starter fertilizer only where seeds are planted, reducing the amount of fertilizer required.

John Deere introduces ExactShot for planters

Technology applies starter fertilizer precisely where seeds are planted

In January, John Deere was back as a key exhibitor in the Consumer Electronics Show in Las Vegas, Nev. While the company’s exhibits have turned heads during the previous couple of CES events, this year the brand had an even larger presence. Its CEO, John May, was the keynote speaker at the show’s opening. And […] Read more


The skeleton of a fish is seen in the Navarro lagoon, which dried up due to the climate phenomenon La Nina, in Navarro in Argentina’s Buenos Aires province on Dec. 5, 2022. (File photo: Reuters/Agustin Marcarian)

Storms to bring rain to parched Argentine fields next week, grains exchange says

Drought has limited soy, corn planting

Reuters — A storm front should bring moderate to abundant rainfall across most of Argentina’s key agricultural area over the next week, the Buenos Aires grains exchange said on Thursday, which could help farmers plant their fields after a historic drought. Lack of rainfall in Argentina, the world’s largest exporter of soybean oil and meal […] Read more



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

Wheat, soybeans buck expectations in USDA report

Soy ending stocks figure adjusted higher

MarketsFarm — Projected average yields and production for wheat and soybeans for 2022-23 went against many analysts’ expectations, according to the U.S. Department of Agriculture (USDA). USDA released its monthly world agriculture supply and demand estimates (WASDE) on Friday, which surprisingly showed upward revisions for average yields and production despite pre-report estimates showing the opposite. […] Read more



File photo of a field of soybeans under turbines at southern Manitoba’s St. Joseph wind farm. (Dougall_Photography/iStock/Getty Images)

Pulse weekly outlook: Manitoba’s crops in ‘better situation’ than last year

Lost acreage still a question mark

MarketsFarm — Despite varied amounts of rainfall across the southern half of Manitoba over the past few weeks, pulses are faring quite well according to the province’s pulse specialist. Dennis Lange, who’s based at Altona, said while peas in fields with excessive moisture are struggling, those grown in adequate moisture and lighter soils are in […] Read more

(Dave Bedard photo)

StatCan raises Canada’s canola plantings from earlier estimate

Farmers seen returning to 'steady Eddie' wheat

MarketsFarm –– Canadian canola plantings are projected to come in above earlier expectations but would still be well below what was seeded to the crop in 2021, according to updated acreage estimates from Statistics Canada released Tuesday. Meanwhile, wheat area in the country is forecast at its highest level in nearly a decade. After a […] Read more