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Cereals

(Dave Bedard photo)
Crops, Markets, Weather

Attention turns to yield potential after StatsCan report

Future tweaks to acreage numbers seen as unlikely to sway markets

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MarketsFarm — Updated acreage estimates from Statistics Canada came largely within market expectations, with the focus now shifting to growing conditions and yield potential. The survey was completed in early June “and may not have captured all of the seeding delays and potential shifts that may have happened in central/northern Alberta and northwestern Saskatchewan because
(Photo courtesy Canola Council of Canada)
Crops, Markets, Weather

Canola area expected to be lower in Monday’s StatsCan report

Later-seeded areas expected to add pulse, barley, durum acres

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MarketsFarm — Market participants generally expect canola acreage will be revised downward in a second acreage estimate due out Monday from Statistics Canada. “There’s a lot of uncertainty about canola acres,” Ken Ball of P.I. International in Winnipeg said, noting acreage was “definitely lost” in central and northern Alberta due to wet spring conditions. In
(Twitter)
Crops, Other

Help wanted: CGC seeks new leadership

Two top slots are open at the federal agency

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If you want to be a Canadian Grain Commission (CGC) commissioner, or chief commissioner, now’s your chance. The Canadian government is advertising both positions on the CGC’s website and Twitter. Applicants must apply online for the positions, which are cabinet appointments. The deadline is Tuesday (June 30). The jobs involve lots of travel in and
CBOT July 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Corn, soybeans sink on Midwest weather

Wheat plunges on technical selling, harvest pressure

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Chicago | Reuters — U.S. corn and soybean futures fell for a fifth straight session on Friday on crop boosting rains across the Midwest and positioning ahead of government reports on U.S. plantings and stocks due next week. Wheat futures tumbled to contract lows, with soft red winter wheat hitting its lowest in nearly 10
Grain delivery declarations will look the same to farmers but they’re now a legal requirement by the Canadian Grain Commission.
News, Other

Grain declarations same, but different

CUSMA compliance means the documents are no longer voluntary contracts between buyer and seller

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On the surface the grain delivery declarations western farmers fill out before being allowed to deliver grain to elevators in the new crop year starting Aug. 1 won’t look much different than those of the past 15 years. However, there is a major change. While the declarations, which have been essentially commercial contracts between grain sellers and buyers, they are
How grain delivery declarations came to be
News

How grain delivery declarations came to be

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Grain companies belonging to the Western Grain Elevator Association (WGEA) introduced grain delivery declarations in 2005 and they have worked generally well, says association executive director Wade Sobkowich. Declarations had been debated for at least 25 years before as an alternative to kernel visual distinguishability (KVD) — a system that required new wheat varieties destined
(File photo by Laura Rance)
Crops, Markets

New declaration requirements coming up for grain deliveries

Regulatory changes also allow Canadian grades for U.S.-grown grain

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Changes are afoot as early as next week for growers from all across Canada — and from the United States — who deliver grain to licensed Canadian buyers, as revised trade rules take effect between the two countries. With the Canada-United States-Mexico Agreement (CUSMA), the successor trade deal to NAFTA, taking effect, new regulations addressing
Crops, Markets, Weather

U.S. grains: Corn drops to six-week low

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Chicago | Reuters — U.S. corn futures tumbled to the lowest in six weeks on Thursday and soybeans fell for a fourth straight day as forecasts for crop boosting rains across the U.S. Midwest reinforced prospects for bumper crops this year. Technical selling as futures fell below recent lows added pressure, sending some new-crop corn
Stronger winds than normal contributed to a jump in reseeding claims.
Crops, News

Windiest weather in 30 years adds to farmer woes

High winds have seen farmers make 1,100 reseeding claims

By
The windiest spring since 1990, alone and in combination with other perils, has seen a jump in reseeding crop insurance claims this year. As of June 18 there were just under 1,100 reseeding claims representing 264,000 acres, David Koroscil, Manitoba Agricultural Services Corporation’s (MASC) manager of claim services said in an interview June 18. “Of
File photo of a green soybean crop south of Winnipeg. (Dougall_Photography/iStock/Getty Images)
Crops, Markets, Weather

U.S. grains: Soy, corn slump on crop weather, economic concerns

U.S. Midwest sees generally mild temperatures

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Chicago | Reuters — U.S. soybean futures eased for a third straight session on Wednesday and corn futures were mostly lower as forecasts for rains and limited crop-stressing heat across the Midwest farm belt bolstered production prospects. Weak outside markets also hung over grain futures, with equities and crude oil posting steep losses as rising

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