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Cereals
This week on ‘Between The Rows’
Episode 307, Dec. 22, 2022
U.S. grains: Wheat climbs on winterkill worries
Corn, soy firm on South American dryness
Chicago | Reuters — Chicago wheat futures climbed on Wednesday, as forecasts for temperatures well below freezing across the U.S. Midwest threatened winter crops heading into the holiday weekend. Corn and soybeans inched higher, supported by firmer wheat and weather conditions in South America. The most-active wheat contract on the Chicago Board of Trade (CBOT)
Trial examines plant growth regulators in wheat
There was a reduction in lodging but PGR effectiveness depends on the product, variety and location
Glacier FarmMedia – Do plant growth regulators reduce lodging in wheat? They had an impact, but not a huge one, in an on-farm field trial done this year. “What we’ve seen is that they are not a silver bullet when it comes to lodging,” said Jeremy Boychyn, agronomy research extension manager for Alberta Barley and
U.S. grains: Soybeans end higher with South America in focus
Wheat even; supplies from Black Sea region weigh against U.S. cold snap
Chicago | Reuters — Chicago soybean futures added on Tuesday as traders watched South American weather, though prices could not break above resistance around US$15 a bushel. “We’re at a key level that’s stopped this market several times,” said Kristi Van Ahn-Kjeseth, chief operating officer at consulting firm Van Ahn and Co. “You get to
Feds open up consultations for sustainable ag strategy
Producer groups to have reps on advisory committee
The federal government has enlisted farm groups on the ground floor of consultations toward development of a long-term strategy to “amplify” the adoption and use of sustainable practices in agriculture over the next year. Agriculture Minister Marie-Claude Bibeau on Dec. 12 announced the launch of public consultations on strategy development, running from now through March
U.S. grains: Rains in drought-hit Argentina pressure CBOT futures
Recession fears add pressure to markets, analysts say
Chicago | Reuters — Chicago Board of Trade grain and soybean futures slid on Monday after beneficial rains hit Argentina’s drought-stricken agricultural zone, analysts said. Argentina is the world’s leading exporter of processed soy, but its usually green Pampas plains have been hit by a historic drought that is preventing many farmers from planting their
AAFC raises canola stocks projection, despite smaller crop
Department also trims wheat ending stocks
MarketsFarm — Canadian canola ending stocks for 2022-23 were revised higher by Agriculture and Agri-Food Canada in its latest supply/demand estimates, released Friday. The larger carryout projection came despite a downward revision to production, as both exports and domestic usage were also down from the November report. The government agency now sees canola carryout of
U.S. grains: Corn, wheat futures fall on fund selling
Soybean futures rise
Chicago | Reuters — U.S. corn and wheat futures dipped on Friday, with concerns about a weakening global economy deterring traders from extending gains made earlier this week. “Fund managers continue to interpret their supply and demand fundamentals through a lens coloured by recession fears,” Arlan Suderman, chief commodities economist at brokerage StoneX, said in
Farmers cash in on interest-free loans
This summer the federal government upped the interest-free portion of the Advance Payments Program
Manitoba administrators of the Advance Payments Program say clients are making use of the increased interest-free portion and borrowing more money. “The amount of the advances have [increased] significantly,” said Randy Ozunko, who manages the program for the Manitoba Pork Council. The APP is federally funded and administered by producer groups. It offers up to
U.S. grains: Soy futures fall despite strong exports
Chicago corn, wheat rise
Chicago | Reuters — Chicago Board of Trade soybean futures fell on Thursday on concerns that a firm dollar and a weakening global economy could slow the robust pace of exports that has supported prices since harvest, traders said. Wheat futures were strong on a round of bargain buying following declines in eight of the