CBOT May 2021 soyoil with Bollinger (20,2) bands. (Barchart)

CBOT weekly outlook: Futures very likely to remain on upswing

Soyoil driving crop commodity gains

MarketsFarm — As prices rise on the Chicago Board of Trade (CBOT), the opportunity for profit-taking becomes more prevalent. That said, values are very likely to continue increasing overall going into the week of April 26, according to analyst Terry Reilly of Futures International in Chicago. “By the end of this week, I do expect


(Dave Bedard photo)

Slight adjustments in AAFC’s April supply/demand report

MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada, released Tuesday, included only minor adjustments to balance sheets for most major crops. Statistics Canada releases its first survey-based acreage estimates for the upcoming growing season on Tuesday next week (April 27), which should lead to adjustments in subsequent supply/demand projections. Canola ending

Months of dry weather have left lots of dugouts low and in need of freshwater. Ryan Young of Middleton Ventures widened and deepened Manitoba Co-operator reporter Allan Dawson's dugout near Altamont April 10 before the recent snow. (Young is Dawson's son-in-law)

KAP welcomes snow, Churchill and $21 canola

Manitoba farmers welcome much-needed moisture via snowfall last week

Manitoba farmers welcomed the precipitation much of agro-Manitoba received April 12 and 13, even if most of it was snow. “The moisture is certainly appreciated…” Keystone Agriculture Producers’ (KAP) president Bill Campbell said during the general farm organization’s online advisory council meeting April 15. However, in an interview later Campbell stressed more timely rains will


A field and a patch of prairie are very different, but some similar principles can apply.

The many faces of resiliency: Resilience lessons can be learned from nature

There are no simple answers when it comes to protecting farms and the environment

About a year ago the COVID-19 lockdowns led to an odd phenomenon. Home bakers went to the store looking for yeast and found the shelf completely cleaned out. If you asked a grocer about it you were told that there’s none to be had, even the warehouse was empty. The entire stock was bought out

Fertilizer seed decision aid from South Dakota State University. The spreadsheet can be downloaded as an XLS file via the 'Screengrab' link at right.

Starter fertilizer —right place, right rate

Having a good handle on the basics will set you up for spring success

Starter fertilizer placed with or near the seed is essential for vigorous early-season growth in grass crops such as corn and wheat. We plant these crops early because we know vigorous early-season growth is important to high yields. Early seeding also means cold soils. Starter fertilizer is an insurance policy to get the crop off


The World Trade Organization (WTO) headquarters in Geneva, Switzerland on Oct. 28, 2020. (Photo: Reuters/Denis Balibouse)

Agriculture groups share thoughts on WTO reform

Organizations say the WTO remains the best path forward for the country

Meetings held by Canada’s International Trade Committee garnered responses from farm organizations expressing broad support for efforts to continue reforming the World Trade Organization (WTO). The country’s chief negotiator, Steve Verheul, told committee members in early March that even prior to the COVID-19 pandemic, “… the multilateral trading system was facing an increasingly challenging environment,

Loading grain on a vessel at a Burrard Inlet terminal. (Maxvis/iStock/Getty Images)

Grain, oilseed exports at strong pace

MarketsFarm — Canadian grain and oilseed exports continue at a strong pace, with movement of canola, wheat and barley all running well ahead of the year-ago pace. Crop-year-to-date exports of Canada’s major grains and oilseeds as of Sunday came in at 37.78 million tonnes, according to Canadian Grain Commission (CGC) data. That’s up by roughly


Fire, flood and drought have all been part of the Australian agriculture experience in the past year, causing a rising recognition of the perils of global warming.

Aussie farmers cutting carbon to stay competitive

Two growers presenting to an international conference say this is a response to growing demand in premium markets

While many Canadian farmers say policies to reduce carbon emissions will make them uncompetitive, Aussie producers are setting ambitious climate mitigation goals to meet international customers’ growing demand for sustainable food. “The (Australian) agriculture industry has really led this and has been pushing for these sorts of policy changes… ” Richard Heath, executive director of

Much of the Prairie region is heading into seeding experiencing varying levels of drought, which may be a factor guiding new-crop values in coming months.

Old-crop canola trends upward through volatility

Traders’ attention is now focused on the new crop – and its potential limitations

A ‘casino,’ a ‘craps table’ or just plain ‘crazy’ were some of the words traders and analysts used to try to explain activity in the ICE Futures canola market during the first full week of April. Futures saw some wild price swings on an hour-by-hour basis during the week ended April 9, but the general