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Cereals

CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybean, corn futures weaken as harvests progress

CBOT wheat rises on bargain buying

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Chicago | Reuters — Chicago Board of Trade soybean futures finished lower on Monday as advancing U.S. harvests uncovered strong yields and increased farmers’ sales of their crops, analysts said. Pressure from harvests also hung over corn futures. U.S. farmers have finished harvesting 76 per cent of the country’s soybeans and 59 per cent of
(TDTT/iStock/Getty Images)
Crops

Seed regulation consultation results released

CFIA 'anticipates' more consultations this winter

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The Canadian Food Inspection Agency is getting closer to updating its seed regulations. On Monday, the agency released a “What We Heard” report summarizing the responses of 315 individuals and groups who participated in an online survey from Feb. 15 to May 1. The CFIA is looking to update seed regulations to “reduce complexity, protect
A black-billed magpie in Edmonton on Oct. 19, 2023. (Photo: Artur Widak/NurPhoto via Reuters)
Weather

Prairie Forecast Update: Cold and some snow coming

Issued Oct. 22, covering Oct. 22 to 25

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I have been waiting to see if the weather models were going to come into agreement on the upcoming shift on our weather pattern and for the most part, they have: it’s going to get cold! A large area of low pressure has formed over the eastern Arctic and the counterclockwise rotation around that low
File photo of locks on the Welland Canal at Allanburg, Ont. (Jimfeng/iStock/Getty Images)
Crops, Markets

Seaway workers’ strike underway

Management awaiting CIRB ruling on grain traffic

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Unionized workers on the St. Lawrence Seaway walked off the job just after midnight Sunday, shutting the waterway to all cargo vessels including grain traffic for now. Unifor, which represents about 360 Seaway workers across five locals in Ontario and Quebec, had served Seaway management with 72 hours’ strike notice on Wednesday. In a release
File photo of locks on the Welland Canal at Allanburg, Ont. (Jimfeng/iStock/Getty Images)
Crops, Markets

Seaway to seek order exempting grain traffic from strike action

Management, union say talks still ongoing

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Facing a strike that would shut down traffic on the waterway as early as Sunday, the St. Lawrence Seaway Management Corp. has asked for an order confirming that grain would need to continue moving. Unifor, the union representing over 360 seaway workers across five union locals in Ontario and Quebec, on Wednesday served the corporation
CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn drops back below US$5

Soybeans down off one-month high

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Chicago | Reuters — Chicago Board of Trade corn futures closed lower after hitting their highest price since August on Friday, while soybean futures retreated from a one-month high. Traders took profits after the markets rose earlier on concerns about a drought in Brazil disrupting grain shipments on rivers and slowing soy plantings, analysts said.
Photo: File
Crops, Markets

Feed weekly outlook: Grains steady, waiting on U.S. corn imports

Barley yields might beat StatCan expectations

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MarketsFarm — More feed barley is reportedly making its way into Alberta cattle rations for the time being as recently-harvested supplies are competitive with corn imports from the U.S. While nearby demand is keeping the domestic market reasonably steady, more corn will likely start making its way north over the next month. Feed barley is
CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn futures rally to August high

Strong demand in U.S. supports CBOT soybeans

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Chicago | Reuters — U.S. corn futures rallied above US$5 a bushel to their highest level since August on Thursday, while soybean futures touched a four-week high. The gains came as farmers are in the middle of harvesting their crops, a time when the influx of fresh supplies normally pressures prices. A severe drought that
File photo of locks on the Welland Canal at Allanburg, Ont. (Jimfeng/iStock/Getty Images)
Crops, Markets

Seaway workers serve strike notice

Waterway would be 'closed to all traffic' in event of strike

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Five Unifor locals representing 361 workers with the St. Lawrence Seaway Management Corp. (SLSMC) have served their 72 hours’ notice of a strike that could shut the waterway to grain and all other traffic just after midnight Sunday at the earliest. Unifor members represented by Locals 4211, 4212 and 4323 in Ontario and Locals 4319

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