Harvest progress behind five-year average, crop conditions good

Harvest progress behind five-year average, crop conditions good

Manitoba Crop Report: Issue 18, September 6, 2022

Overview Harvest progress sits at 15 per cent completed across the province, well behind the 5-year average of 51 per cent completed by this time. The effect of delayed seeding, high humidity and frequent rains have had an impact delaying harvest. Ideal harvesting conditions allowed for significant progress this past week. Crop condition looks good

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soybean futures fall 1.5 per cent

CBOT corn, wheat firm

Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Tuesday as Argentina’s decision to offer farmers a better exchange rate for their crops threatened to raise export competition at a time when U.S. offerings typically dominate the market. “It just makes more product readily available short-term,” said Mark Schultz, chief analyst at





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Feed weekly outlook: Grain prices start moving upward

New-crop barley already en route to feedlots

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CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

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CBOT soy lower, wheat up

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CBOT December 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)

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CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

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