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CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soy futures rally on dry Argentina weather

Attention turns to next week's USDA supply-demand outlook

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Chicago | Reuters — U.S. soybean futures prices pushed higher on Friday, notching a fourth straight weekly gain, as dry weather in Argentina continued to fuel worries about global supplies of the oilseed. Corn futures rebounded from a three-week low reached in the previous session, while wheat futures also edged higher. Concerns increased over crops […] Read more
A field of spring wheat with yellowing, chlorotic plants.
Cereals, Crops, Features

Crop advisor casebook: Chlorotic spring wheat plants perplex farmer

A Crop Advisor's Solution from the March 2, 2021 issue of Grainews

By
During the first week of July last year, I received a call from Leonard, who grows 7,000 acres of spring wheat, winter wheat, canola, flax and peas near Shoal Lake, Man. He’d been out doing his evening crop check the day before when he spotted something wrong with his spring wheat crop. Rather than a […] Read more
A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: High U.S. corn prices cut into ethanol production

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MarketsFarm — Upcoming reports from the U.S. Department of Agriculture are expected to steer Chicago Board of Trade (CBOT) futures, at a time when high corn prices in the U.S. may be cutting into ethanol production in that country. According to the U.S. Energy Information Administration’s report released on March 3, 849,000 barrels of ethanol […] Read more
CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy futures consolidate after gains

Excess rain in Brazil underpins soy, corn futures

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Chicago | Reuters — U.S. grain and soybean futures fell on Wednesday as the markets consolidated after rallying in the previous session. Strength in the U.S. dollar weighed on prices, analysts said, because a firm dollar makes U.S. farm products less attractive to importers (all figures US$). For soybeans, there was a “lack of fresh […] Read more
CBOT May 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soy, corn up on unfavourable South American weather

USDA lowers ratings for Kansas, Texas wheat crops

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Chicago | Reuters — U.S. grain and soybean futures rose on Tuesday in a turnaround from losses the previous session, as concerns increased about unfavorable weather in crop-growing regions of South America. Traders are watching the effects of heat and dryness in Argentina and rains in Brazil amid worries about potential yield losses. The countries […] Read more
CBOT May 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Profit taking pressures wheat, corn, soybeans

Warmer spell also drags on winter wheat futures

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Chicago | Reuters — Chicago Board of Trade wheat futures slid 2.8 per cent on Friday, their second straight day of declines, on a profit-taking setback as warming weather in the U.S. reduced the threat of damage to the dormant crop, traders said. Corn and soybean futures also were weaker but closed well above session […] Read more
(Jack Dykinga photo courtesy ARS/USDA)
Crops

Prairie farm slapped with plant breeders’ rights infringement penalties

Farmers need to know who they are buying seed from to avoid potentially significant costs

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Infringing on Plant Breeders’ Rights (PBR) has cost a large southern Alberta farm a record $737,597. “The settlement relates to unauthorized advertisements and sales of PBR-protected barley and wheat varieties,” Alliance Seed, SeCan and an unnamed seed company said in a news release Wednesday. The settlement “includes the royalties, plus legal fees and penalties,” Todd […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Barley, wheat at par in Alberta

Demand also seen for heated canola

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MarketsFarm — Prices for feed barley and wheat are running about the same, from where Susanne Leclerc sits at Market Master Ltd. in Edmonton. Barley and wheat going into central Alberta were both running at $315 per tonne, she said. “We’re seeing buyer strength gaining coverage for the summer,” she said, but noted trading activity […] Read more

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