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ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola makes huge move

Prairies' dry patches add to upswing

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MarketsFarm — Canola came out of Canada Day continuing to build on gains made going into the holiday, largely due to spillover from the Chicago soy complex. The U.S. Department of Agriculture last Friday released its planted acres report, which saw soybeans lose four million acres from the 87.5 million planted in 2022, leading to […] Read more
(iStock photo)
Crops, Markets, Pulses

Pulse weekly outlook: More U.S. peas, chickpeas expected in 2023

On the other hand, fewer lentils and beans

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MarketsFarm — It was a mixed bag for forecasted seeded pulse acres in the United States, according to the U.S. Department of Agriculture (USDA). USDA released its acreage report on Friday, with data provided by respondents between May 30 and June 15. The report came two days after Statistics Canada (StatCan) released its June acreage […] Read more
File photo of the facade of the U.S. Department of Agriculture building in Washington, D.C. (Camrocker/iStock/Getty Images)
Crops, Markets

U.S. farmers plant more corn, less soybeans in 2023

Total U.S. wheat acres estimated up about 8.5 per cent

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MarketsFarm — Farmers in the United States seeded more corn and less soybeans than earlier intentions in 2023, according to updated acreage data Friday from the U.S. Department of Agriculture. Total corn plantings in the country were estimated by USDA at 94.1 million acres, which was a million acres above the top end of trade […] Read more
Tuberculosis bacteria under an electron microscope. (Janice Haney Carr photo courtesy Centers for Disease Control and Prevention (U.S.))
Beef Cattle, Livestock

Bovine TB turns up in Saskatchewan herd

Two cases found after U.S. test flags Canadian heifer

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A heifer whose tissues tested positive for bovine tuberculosis (TB) at slaughter in the U.S. has been traced back to a Saskatchewan cattle herd which has now turned up two more cases of the disease. The Canadian Food Inspection Agency, in a report dated Wednesday, said it was notified Feb. 23 by the U.S. Department […] Read more
Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)
Crops, Markets

CBOT weekly outlook: Corn could surprise in USDA’s acres report

Eyes on dry conditions in the Dakotas

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MarketsFarm — Although grains analyst Terry Reilly of Futures International said he isn’t expecting any big changes in two upcoming reports from the U.S. Department of Agriculture, he suggested there’s an opportunity for couple of notable alterations. USDA is scheduled to release its planted acreage and quarterly grain stocks reports on Friday at 11 a.m. […] Read more
CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy slide as Midwest rain outlook improves

Wheat drops on Russia production outlook

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Chicago | Reuters — U.S. new-crop corn and soybean futures fell on Tuesday to their lowest in more than a week, pressured by forecasts for much-needed rains in the Midwest where crops have been deteriorating under dry conditions, analysts said. Wheat futures tumbled more than five per cent as worries subsided about political instability in […] Read more
A chicken salad featuring Upside Foods’ cell-cultivated meat. (UpsideFoods.com)
Livestock, Reuters

U.S. regulator allows first sales of lab-grown meat

Products to go first to high-end restaurants

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Washington | Reuters — Two companies, Upside Foods and Good Meat, said on Wednesday they have received final U.S. Department of Agriculture approval to sell lab-grown meat, paving the way for the nation’s first-ever sales of the product. With the approvals, the U.S. will become the second country after Singapore to allow the sale of […] Read more
(Qingwa/iStock/Getty Images)
Crops, Markets

USDA’s June WASDE report brings few notable changes

Canadian wheat harvest expectation unchanged

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MarketsFarm — Very few major changes were made in the latest edition of the world agriculture supply and demand estimates (WASDE) published Friday by the U.S. Department of Agriculture. For the 2023-24 crop year, USDA pegged total domestic wheat production at 1.665 billion bushels, slightly higher than the 1.659 billion in the department’s May estimates. […] Read more
CBOT July 2023 soft red winter wheat with 20-day moving average (green line, right column) and MGEX and K.C. July 2023 wheats (yellow and orange lines, left column). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat futures snap winning streak

Corn weak, soybeans mixed

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Chicago | Reuters — U.S. wheat futures fell on Wednesday, with the most-active Chicago Board of Trade soft red winter wheat contract snapping a five-session rally that had pushed prices to their highest in nearly three weeks, traders said. But concerns about export demand for U.S. supplies pulled wheat prices lower, with high-protein offerings notching […] Read more
CBOT July 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Weak export demand, rising U.S. dollar pressure soy, corn

Markets consolidate before U.S. holiday weekend

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Chicago | Reuters — Chicago Board of Trade soybean and grain futures eased on Thursday as a strong U.S. dollar added to concerns about lacklustre export demand, traders said. The dollar rose for a fourth straight session to a two-month high, making U.S. commodities look less attractive to importers. Favourable weather for planting of U.S. […] Read more

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