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Corn

CBOT December 2023 corn with Bollinger bands (20,2) and U.S. dollar index (black line). (Barchart)
Crops, Markets, Weather

U.S. grains: Corn, soy rally as focus returns to weather, dollar

Wheat traders keep one eye on Black Sea deal

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Chicago | Reuters — U.S. corn futures bounced on Thursday on bargain buying after hitting a 2-1/2-year low early in the session while soybeans rose three per cent as traders shifted their focus back to uncertain crop weather and worries about supplies, analysts said. A slump in the U.S. dollar lifted wheat as well as
CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn hits 2-1/2-year low, soybeans tumble over USDA data

WASDE also pressures CBOT wheat

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Chicago | Reuters — U.S. corn futures fell to their lowest price since early 2021 on Wednesday after the U.S. Department of Agriculture projected a larger-than-expected domestic crop and rising supplies, analysts said. Soybean futures tumbled after USDA’s forecast of 2023-24 soy ending stocks fell above a range of trade estimates, and wheat futures were
(Christophe Paul photo courtesy USDA)
Crops, Markets

CBOT weekly outlook: Markets react bearishly to WASDE report

Traders were expecting reduced U.S. corn yield

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MarketsFarm — The Chicago Board of Trade (CBOT) saw futures come down after the U.S. Department of Agriculture (USDA) released its monthly world agricultural supply and demand estimates (WASDE) on Wednesday. Corn prices were 18 cents per bushel lower on the day, while soybeans lost 27-33 cents (all figures US$). Chicago soft wheat shed 24-28
Many livestock producers are looking for digestibility, palatability and improved animal health.
Crops, Livestock

Charting the return of silage hybrids

Many producers want a broader range of attributes for corn

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Glacier FarmMedia – When assessing value in a corn crop, producers’ needs vary according to end uses. It’s been 25 years since genetically modified hybrids became the norm and some in the seed trade say dual hybrids serve grain and feed sectors equally well. However, livestock producers seek better digestibility, efficient feed use and palatability
Northern China drought-wracked
News, Weather

Northern China drought-wracked

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Reuters – About 7.4 million acres of Chinese farmland is suffering from drought, state media agency Xinhua reported June 25 after record-high temperatures hit a large part of the country’s north.  About 200,000 people and 760,000 large livestock do not have access to sufficient water as of the last week of June, Xinhua reported, citing
Sporadic rainfall helps some crops, majority of Manitoba soils seen optimal to dry
Crop Report, Crops, Weather

Sporadic rainfall helps some crops, majority of Manitoba soils seen optimal to dry

Manitoba Crop Report: Issue 9 (week 28)

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Overview Crop development has been rapid. Fungicide application in spring wheat for fusarium head blight is complete in most regions. Canola fungicide application continues in areas where disease potential is slightly higher. Corn growth continues to progress quickly and is approaching tasseling. Sunflower fields were mostly in the R2 (early bud) to R3 (early bud
(Geralyn Wichers photo)
Livestock, Markets

Klassen: Feeder market consolidates at historical highs

Higher borrowing costs offset lower feed prices

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For the week ending Saturday, western Canadian yearling steer prices were quoted $2-$4 higher; yearling heifers traded $2 higher to $5 lower. Calves were relatively unchanged although volumes were limited. Larger groups of quality genetics were well bid while second tier cattle were marginally discounted off the highs. Some ranches are liquidating yearlings about one
“If we give the farmer the tool of the soil health report, along with an understanding of what they need to do to improve soil health, they’re going to improve crop yields and profitability and reduce the risk in a dry year or a wet year.” – Wayne Black, A & L Laboratories
News

Confusion remains about soil health

Producers get mixed messages on what they should do to improve their ground

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Soil health is a catchphrase that has dominated the agri-food landscape for at least five years, but what does it mean? The term has been adopted and re-imagined by countless individuals, organizations and groups to support everything from organics to cover crops, reduced till or no till, carbon sequestration, sustainability and regenerative agriculture. Adding to

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