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Corn

(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Klassen: Calves jump on corn outlook

Softer barley values underpin yearling market

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Compared to last week, western Canadian feeder cattle markets traded $5 to as much as $12 above week-ago levels. Alberta packers were buying fed cattle on a dressed basis in the range of $332-$335 delivered, up $5-$8 from last week. Stronger fed cattle prices and softer barley values underpinned the yearling market. Buyers were finicky
CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat hits lowest since September 2021

Chicago corn, soy also fall

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Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.6 per cent to their lowest level since September 2021 on Monday as rain across key growing areas during the weekend boosted harvest prospects for the U.S. crop, traders said. Optimism that the deal allowing grain shipments from Black Sea ports in war-torn Ukraine
“It is clear from the quality of all the bursary applications we received that the future of the agriculture industry in Manitoba is bright.” – Robert Misko.
News

Manitoba Crop Alliance awards six students with 2022-23 bursaries

Students must be from member farms and be enrolled in Manitoba agricultural programs

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Manitoba Crop Alliance (MCA) has awarded six students from Manitoba with MCA 2022-23 bursaries valued at $2,000 each. The six bursary recipients are Kaitlyn Christine Hunt-Delaurier from Laurier, Lianne Rouire from Treherne, Milan Lukes from Gunton, Stephanie Manning from Souris, Hannie Peters from Ile Des Chenes, and Alison Manness from La Salle/Domain. “I would like
CBOT May 2023 corn with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn, wheat hit multi-week lows on export concerns

Hopes for Black Sea export deal pressure CBOT grains

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Chicago | Reuters — Chicago Board of Trade corn futures set a six-week low on Friday while wheat hit its lowest level in more than four weeks on concern over competition for global export business, analysts said. Technical selling helped fuel the sell-off, along with prospects for robust 2023 corn production in the U.S. and
frost on soybeans
Markets, Weather

Early frosts in Argentina threaten drought-stricken soy, corn crops

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Early frosts could hurt Argentina’s already beleaguered soy and corn crops in the south of the country’s main farming region, the Buenos Aires grains exchange said February 16 in a report. Argentina’s worst drought in six decades has already forced farmers to delay planting this season’s soy and corn crops, lowering expectations for the season’s
Josh Linville, vice president of fertilizer for StoneX Group Inc, speaking at AgDays in Brandon in January.
News

VIDEO: Fertilizer buyers smell blood in the water

With market power slowly rebalancing there’s a stubborn waiting game playing out

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Fertilizer prices have fallen significantly from their highs a year ago — but there is still a lot of uncertainty in the market. Josh Linville, vice president of fertilizer for StoneX Group, said many market forces brought agriculture to this precarious spot. He traces it back to August 2020, when a high-intensity wind storm hit
(Photo courtesy Canada Beef Inc.)
Cereals, Crops, Markets

Feed grain weekly: Prices slip back on good supplies

Demand for corn from Manitoba, U.S. wanes

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MarketsFarm — There are sufficient supplies of feed barley, wheat and corn across the Prairies, according to Evan Peterson, trader with JGL Commodities. In turn, that’s putting pressure on prices. Peterson said a shortage of trucks and truck drivers last summer and fall led buyers to acquire as much feed as possible to get through
CBOT May 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn futures hit six-week low on projected plantings

Corn, soy, wheat prices to drop from 2022, USDA predicts

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Chicago | Reuters — Chicago Board of Trade corn futures hit a six-week low on Thursday as the U.S. government projected farmers will plant more acres this year and prices will decline, analysts said. The U.S. Department of Agriculture, at its annual Agricultural Outlook Forum, pegged 2023 corn plantings at 91 million acres, up from
Markets, News

Ukraine sees fertilizer shortage

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Ukrainian farmers may face a shortage of fertilizers for 2023 spring sowing and a lack of them could sharply reduce the harvest, a top agriculture official has said. Most Ukrainian fertilizer plants were stopped due to the Russian invasion and the first deputy farm minister Taras Vysotskiy said in a statement that production at two
A dried-out corn crop sits next to cotton that was planted into a dried-out cornfield, amid Argentina’s worst drought in 60 years, at Tostado in the country’s northern Santa Fe province, on Feb. 8.
Grain Markets, Markets

Canola, soybean markets await any news

Oilseed values remain within general ranges

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North American grain and oilseed futures were looking for direction in mid-February, with little news to pull values too far one way or the other. ICE Futures canola contracts drifted lower before recovering most of those losses, remaining rangebound overall. Soyoil futures in Chicago find themselves in a downtrend, but meal remains pointed higher and

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