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CBOT November 2019 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

U.S. grains: Soy tops two-month high on China buying, inventory shock

By GFM Network News, Tom Polansek October 1, 2019

Chicago | Reuters — U.S. soybean futures prices rose to the highest level in more than two months on Tuesday, adding to gains from the previous session when Chinese purchases and a lower-than-expected estimate of U.S. stockpiles buoyed prices. Corn also advanced after rallying four per cent on Monday as a quarterly U.S. Department of

Crops, Markets

U.S. grains: Soy, corn rally on smaller-than-expected stockpiles

By GFM Network News, Tom Polansek September 30, 2019

Chicago | Reuters — China bought more U.S. soybeans on Monday as the U.S. Department of Agriculture reported crop stockpiles were smaller than traders expected, sending futures prices to nine-week highs. Corn futures set an eight-week high after the USDA report also showed tighter-than-expected inventories of the yellow grain. Farmers welcomed the rallies after crop

Despite harvest being somewhat behind, Jake Ayre said he’s had a good yield thus far.

Local news, News

Wet weather makes mud of farm tires

After a dry summer, a dumping of water bogs down harvest 2019

By Geralyn Wichers September 30, 2019

Wet weather put the brakes on harvest in many regions of Manitoba, putting progress behind average and threatening crop quality. “We’re definitely behind,” said Jake Ayre, who farms near Minto. On September 24, he said their harvest was about 40 per cent complete. “Believe it or not, we combined 100 acres yesterday,” he said. Ayre

Crops, Weather

Storms leave close to 1,000 hail claims on Prairies

By GFM Network News, MarketsFarm Team September 28, 2019

MarketsFarm — There were almost 1,000 claims for hail damage across the Prairies following a series of storms Sept. 15-20, according to the Canadian Crop Hail Association (CCHA). The CCHA said the most destructive of the storms during that week came on Sept. 17. “There is significant damage from this late–season storm. There was heavy

Burrows MLA Diljeet Brar, shown here outside Winnipeg’s Seven Oaks General Hospital in a campaign video screengrab, is the Manitoba NDP’s new critic for agriculture. (Facebook)

Crops

Ag extension staffer named Manitoba NDP ag critic

By GFM Network News, Gfm Staff September 27, 2019

A former Manitoba provincial ag extension co-ordinator will be the new critic for agriculture on the opposition New Democrats’ bench. Manitoba NDP leader Wab Kinew on Friday announced a new shadow cabinet, appointing Diljeet Brar as his critic for agriculture and for sport, culture and heritage. Brar, a rookie MLA elected Sept. 10 in the

CBOT December 2019 corn, with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

U.S. grains: Corn, soybean futures ease

By GFM Network News, P.J. Huffstutter September 27, 2019

Chicago | Reuters –– Chicago Board of Trade (CBOT) corn and soybean futures closed lower on Friday, as weather forecasts showed fewer yield risks to Midwest crops ahead of harvesting, as traders jockeyed for positioning ahead of a U.S. grain stocks report slated for Monday, traders said. Meanwhile, CBOT wheat futures extended a technical bounce

Crops, Markets

U.S. grains: Soy futures end near unchanged

By GFM Network News, Tom Polansek September 26, 2019

Chicago | Reuters — U.S. soybean futures finished near unchanged on Thursday after initially rising on hopes for further Chinese purchases, traders said. China, the world’s largest soybean importer, will buy about six million tonnes of soy from the United States before trade talks in early October, said a chief analyst at Shanghai JC Intelligence

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)

Crops, Markets

Feed weekly outlook: Barley’s slide slows as harvest drags

By GFM Network News, Phil Franz-Warkentin September 26, 2019

MarketsFarm — The slide in western Canadian feed grain prices over the past few months shows signs of slowing, as concerns over harvest delays supplant earlier concerns over large crops and quality downgrades. “The weather over the next week or so doesn’t look that great,” Allen Pirness of Market Place Commodities in Lethbridge said Thursday.

Livestock

Cargill’s quarterly profit up on beef, egg demand

By GFM Network News, P.J. Huffstutter September 26, 2019

Chicago | Reuters — Global commodities trader Cargill reported a three per cent increase in adjusted quarterly profit on Thursday, citing strong consumer demand for meat and eggs in North America and growth in its animal nutrition businesses. Cargill, the largest privately held U.S. company, said its adjusted operating earnings rose to $908 million in

Manitoba Wheat and Barley Growers Association says drafts of bylaws and the amalgamation agreement are available online.

News

Manitoba commodity groups issue merger info

The five commodity groups proposing a merger say the draft agreement and bylaws are available online

By Allan Dawson September 26, 2019

The five Manitoba commodity groups proposing to merge have more information for members to consider before they vote on it in person February 12 and 13 during the Crop Connect conference in Winnipeg. A draft amalgamation agreement and draft bylaws for the new organization are available online (see at bottom), Manitoba Wheat and Barley Growers

Daily Network News

U.S. livestock: Cattle rebound on technical buying

U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes

Good weather pushes Alberta harvest along

Cereals

U.S. grains: Soy tops two-month high on China buying, inventory shock

U.S. grains: Soy, corn rally on smaller-than-expected stockpiles

Wet weather makes mud of farm tires

Storms leave close to 1,000 hail claims on Prairies

Ag extension staffer named Manitoba NDP ag critic

U.S. grains: Corn, soybean futures ease

U.S. grains: Soy futures end near unchanged

Feed weekly outlook: Barley’s slide slows as harvest drags

Cargill’s quarterly profit up on beef, egg demand

Manitoba commodity groups issue merger info

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