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“The overall economy to me is going to be slowing down. It’s just a matter of when and the extent of it.” – J.P. Gervais.
News

With crop in the ground, keep an eagle eye on cost of production: management specialist

With crop in the ground, keep an eagle eye on cost of production: management specialist

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Canadian farmers may have received more for what they sold last year, but they paid a pretty penny to get it to market. It showed in their profit margins. Overall farm income fell by nearly 10 per cent in 2022, according to a recent report from Statistics Canada. Canadian farmers’ realized net income — the difference between cash
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Crops, Markets

CBOT weekly outlook: Ending stocks of corn, soy predicted to rise

Ending stocks of wheat projected to drop as drought hits Kansas winter wheat

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MarketsFarm — Ahead of supply and demand estimates from the U.S. Department of Agriculture due out Friday, analyst Tom Lilja of Progressive Ag in Fargo, N.D. predicted increases in 2023-24 ending stocks for U.S. corn and soybeans and decline for wheat. The average trade guess for wheat going into this month’s report was approximately 570
CBOT July 2023 soft red winter wheat with 20-day moving average (green line, right column) and MGEX and K.C. July 2023 wheats (yellow and orange lines, left column). (Barchart)
Crops, Markets

U.S. grains: Wheat futures snap winning streak

Corn weak, soybeans mixed

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Chicago | Reuters — U.S. wheat futures fell on Wednesday, with the most-active Chicago Board of Trade soft red winter wheat contract snapping a five-session rally that had pushed prices to their highest in nearly three weeks, traders said. But concerns about export demand for U.S. supplies pulled wheat prices lower, with high-protein offerings notching
Figure 1: Seeding Progression in 2023 Compared to Previous Years.
Crop Report, Crops, Weather

Seeding in Manitoba nearly complete, hot weather sees heat stress in livestock

Manitoba Crop Report: Issue 4 (week 23)

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Weekly provincial summary  Precipitation was variable across agro–Manitoba from May 29 to June 4 with values ranging from 0 to 57.1 mm. Isolated storms brought significant rainfall to areas in the Eastern region, parts of the Interlake, and parts of the Northwest. Teulon (57.1 mm) received the most precipitation in the past seven days. Climate
Lori-Ann Kaminski has been named president of the Canadian Wheat Research Coalition.
News

Kaminski to head Canadian Wheat Research Coalition

Coalition sets Manitoba roots

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The Canadian Wheat Research Coalition has a new, Manitoba-based president. Lori-Ann Kaminski, research programs manager for cereals with the Manitoba Crop Alliance, will be adding the role to her portfolio. Kaminski takes the reins as the organization shifts its home base to the eastern Prairies. A joint venture between the Alberta Wheat Commission, Saskatchewan Wheat
(Dave Bedard photo)
Crops, Markets

Fund traders add to bearish bets in canola

Funds also net short in MGEX and CBOT wheat, corn

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MarketsFarm — Speculative fund traders added to their net short position in canola during the week ended May 30, putting on more bearish bets while also liquidating some previous longs, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of May 30, the net managed money short
Grain Markets, Markets

Wheat crops look greener beyond North America’s fence

Expert's Radar: Longer-range Prairie weather outlooks suggest more hot and dry

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In the microclimate of my Winnipeg yard, there are some sunny spots that are better for growing tomatoes and shadier areas where lettuce thrives. There’s one section around the compost bin overrun with raspberries that could use some trimming, but the fruit pairs well with the rhubarb along the fence. The garden is mostly in,
CBOT July corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soybean futures sag on demand woes

U.S. wheat futures firm

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Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Monday, retreating from gains made during the overnight trading session on signs that already light export demand for U.S. supplies had weakened further, traders said. Wheat futures were firm, with the biggest gains being notched by K.C. hard red winter wheat
Crop production records are a double-edged sword as they will lead to larger, price-flattening carryovers.
Comment, Op/Ed

Comment: Colossal crops, measly prices and little backslapping

The latest WASDE report has some good news that isn’t that good

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The U.S. Department of Agriculture’s most recent World Agricultural Supply and Demand Estimates report confirmed that a freight train of grain is barreling toward 2023-24 markets, and farmers everywhere need to prepare for the rockier prices sure to follow. The report was succinctly summarized by DTN market analysts shortly after its release May 12: “USDA

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AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

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