(Viterra.ca)

Grain deliveries surge January over January

Data marks recovery from 2021 drought

MarketsFarm — Producer deliveries of major grains were up sharply last month when compared to January 2022, according to Statistics Canada (StatCan). At more than 5.36 million tonnes, those deliveries jumped 85 per cent when comparing January to January. The spike in deliveries reinforced the significant recovery on the Prairies from the drought in 2021.

A handful of soil health projects have secured funding for the next five years in the hope of kick starting soil health practices in the field. (Assiniboine Community College photo)

Multi-million-dollar fund greenlights soil health projects

Eight projects to push soil health practices will get funding for the next five years

Eight soil health projects across Canada will be getting a multi-million-dollar boost in private funding over the next five years. The Weston Family Foundation — the philanthropic arm of the Weston business empire — has slated $10 million for those eight projects through the organization’s soil health initiative, it was announced Feb. 13. The initiative


File photo of a CN locomotive. (Dave Bedard photo)

CN’s mechanics, clerical staff taking strike votes

Railway not expecting impact on operations

Canadian National Railway says it’s not expecting any impact on its operations if its unionized mechanics and clerical staff are involved in a work stoppage, depending on the outcome of strike votes starting this week. Unifor represents about 3,000 CN workers in mechanical, intermodal and clerical positions across the country through five collective agreements, all

(Dave Bedard photo)

AAFC revises crop estimates

Export, new-crop production outlooks revised lower for flax

MarketsFarm — Agriculture and Agri-Food Canada (AAFC) on Friday released its February supply and demand estimates with numerous small changes. AAFC held its projections for 2022-23 grains and oilseeds production at 89.489 million tonnes. As for exports, the department reduced them from 45.715 million tonnes last month to now 45.49 million. Furthermore, domestic usage was


CBOT March 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy, corn, wheat inch higher ahead of holiday weekend

Chicago markets close Monday for Presidents Day

Chicago | Reuters — Chicago Board of Trade corn, soybean and wheat futures closed modestly higher on Friday as traders squared positions ahead of a three-day U.S. weekend and weighed contrasting crop prospects in South America, analysts said. Uncertainty about the future of a Black Sea grain export corridor underpinned values, while a firming dollar

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


Oats. (Greg Berg photo)

Feed weekly outlook: Grain bids quietly drift lower

Oats still making their way into feedlots

MarketsFarm — Prices for feed barley and wheat in Western Canada drifted lower during the week ended Wednesday. Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta., said a relatively milder winter across the Prairies has resulted in less consumption of feed grains in feedlots. In turn, feedlots are not purchasing as much

CBOT March 2023 soft red winter wheat with 20-day moving average, MGEX March 2023 hard red spring wheat (yellow high/low/close) and K.C. March 2023 hard red winter wheat (orange H/L/C). (Barchart)

U.S. grains: Wheat, corn, soy down on stronger U.S. dollar, interest rate fears

Uncertainty over Black Sea deal underpins corn, wheat

Chicago | Reuters — U.S. wheat futures fell more than two per cent on Wednesday and corn and soybeans followed the trend lower, pressured by a stronger U.S. dollar and fears of more interest rate hikes by the Federal Reserve, analysts said. Fundamental news for grains and oilseeds was thin, leaving markets stuck within recent


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

U.S. grains: Soy eases off multi-month highs

Futures down as Brazil's harvest progresses; CBOT corn, wheat also down

Chicago | Reuters — U.S. soybean futures fell on Tuesday on profit-taking after Monday’s multi-month highs and fundamental pressure from the advancing harvest of a likely record-large soy crop in Brazil, analysts said. Corn and wheat drifted lower in technical moves with worries about a global recession adding to bearish sentiment. Chicago Board of Trade