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

U.S. grains: Soybeans ease after weather rally

Corn firms, wheat slips to nearly three-month low

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Chicago | Reuters — Chicago soybean futures dipped on Thursday as broad selling in financial markets countered weather concerns in South America that had pushed prices to a five-month high. Corn ended just above even, paring losses as private estimates of South American crops fell further due to hot, dry conditions in the region. Wheat
Manitoba Co-operator reporter Allan Dawson received 2.7 inches of rain at his home near Miami. Man., June 9 — the most rain he received in one event during the 2021 growing season. The tap turned off in July with just 0.8 inch recorded the whole month. While it was dry around Miami, some parts of the province, including the Interlake, received much less.
News

The drought of 2021 won’t soon be forgotten

Dry weather and near-record heat ended a string of bumper Manitoba crops

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Late last winter a farmer friend shared his concern about the 2021 growing season. We’d had almost no snow in southern Manitoba and the previous fall and summer had been dry too. It felt like drought. He was right. As someone present for both I’d say 2021 was the worst drought here since 1988. This
The loonie’s value against the U.S. dollar climbed to around 83 U.S. cents over 2021, but was set to close out the year near where it started, around 77.
Grain Markets, Markets

Prairies’ drought outweighed COVID among market movers

Canola speculators still held large net long positions heading into 2022

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The Prairie drought was the major market-moving story of the year for Canada’s grains and oilseeds in 2021, even supplanting the ongoing worldwide pandemic as the primary topic of discourse for much of the year. While the uncertainty of the global reaction to new variants will keep COVID-19 as an influence in the financial markets for some time,
CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybeans up with session peak highest since July

Corn, wheat ease

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Chicago | Reuters — Chicago soybeans ended stronger on Wednesday after trading both sides of even and hitting the highest in nearly five months, supported by extreme weather in South America that could result in yield losses. Corn eased after also rallying on South American weather risks, while wheat followed. The most-active soybean contract on
CBOT March 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Weather

U.S. grains: Soybeans, corn supported by South America dryness

Wheat ratings decline in Kansas, Oklahoma, USDA says

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Chicago | Reuters — Chicago soybean and corn futures climbed on Tuesday, underpinned by dry weather in parts of South America that could hurt yields in rival export markets, while wheat rose after a three-session decline. The most-active soybean contract on the Chicago Board of Trade (CBOT) closed 34-1/4 cents higher at $13.89-3/4 a bushel,
CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Weather

U.S. grains: Soy climbs on South American weather

Corn also underpinned by weather, brisk demand

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Chicago | Reuters — Chicago soybean futures ended higher on Monday, supported by risks of hot and dry weather for South American crops as they near harvest. Wheat fell, pressured by a stronger U.S. dollar, pulling corn lower. The most active soybeans contract on the Chicago Board of Trade (CBOT) ended 16-1/4 cents higher at
Photo: iStock
Crops, Markets

U.S. grains: Wheat and corn up over 20 per cent in 2021, soybeans edge to third year of gains

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Chicago/Singapore | Reuters – U.S. corn, wheat and soybean futures were set to post yearly gains, with strong demand and supply constraints in some key production areas of the globe underpinning the markets throughout 2021. Corn futures, which have jumped 23.4 percent this year, have paced the grain markets, supported by increased feed usage by livestock as
Ag-tech start-up Easton Robotics founder believes the use of small robots in conjunction with existing equipment is more realistic than larger, autonomous vehicles.
Farmit Manitoba, News

Supplementing – not replacing – large tractors with autonomy

There are opportunities for small robots on small grain farms

By
Glacier FarmMedia – There is ample opportunity for robots on small farms — if prices can fit with lower economies of scale. That philosophy is the driving force behind Maryland-based ag-tech startup Easton Robotics. According to founder and chief executive officer Jeff Chandler, however, the idea that small farmers will replace their big tractors with autonomous vehicles, or

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