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Oats

Prices are high, but production is down. For farmers who signed forward pricing contracts that’s a difficult position. A different strategy might have given them the same protection with less risk.
Markets, News

Avoiding the grain contract blues

Delivery contracts aren’t the only game in town when it comes to managing price risk

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The old saying goes “you’ll never go broke selling crops for a profit,” — but you could be in a financial pickle if you don’t deliver what you sold. That hard financial reality has put the long tradition of forward pricing contracts under the microscope this year. It’s prompting questions about the responsibility farmers and
ICE November 2021 canola (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

ICE weekly outlook: Analyst sees canola spike late next month

Movement expected to roll out of November soon

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MarketsFarm — As the canola harvest winds down on the Prairies, ICE Futures canola began to climb upward in approaching $900 per tonne, the upper limit of its range. That’s given Winnipeg-based analyst Wayne Palmer of Exceed Grain reason to believe canola will bust through $900 per tonne. “That’s all due to the drought and
Crop Report, Crops, News

Manitoba crops 90 per cent harvested, winter cereals seeding mostly complete

Manitoba Crop Report and Crop Weather report for September 28

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Southwest Region Very warm days, well above seasonal norms advanced harvest rapidly this week. Temperatures were extremely variable, with daytime highs ranging from the 25 C to 29 C, while overnight lows dipped to 3.5 C, with reports of frost in some northern areas. Average daily temperatures range from 11 C to 14 C. Dry
Crop production in Manitoba will be down in 2021 due to extreme heat and dry growing conditions, but Statistics Canada’s latest estimates offer some hope for higher-than-expected yields.
News, Other

Manitoba yields down, but still ahead of Saskatchewan, Alberta

StatsCan cut Manitoba yield estimates for most crops in its Sept. 14 report, but raised soybeans and corn yields

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Statistics Canada’s latest estimate of Manitoba crop yields are down for most crops, with two main exceptions: soybeans and grain corn. As in its previous report, StatsCan expects most Manitoba crops will yield better than those in Saskatchewan and Alberta. Still, while some experts say these latest yield estimates are likely closer to reality than
CBOT December 2021 wheat (candlesticks) with December 2021 oats (orange line, left column). (Barchart)
Crops, Markets

U.S. grains: Wheat firms on global supply issues

Oats also push corn higher

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Chicago | Reuters — Chicago wheat futures firmed on Thursday, strengthened by global supply concerns and a firming oat futures market on drought-stricken North American supplies. Corn and soybeans edged higher, supported by wheat and oats. The most-active wheat contract on the Chicago Board Of Trade (CBOT) added 12 cents to $7.17-3/4 a bushel (all
CBOT December 2021 oats (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

CBOT oats climb on supply woes

Prairie drought eats at availability

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Chicago | Reuters — Chicago Board of Trade December oats futures climbed their daily maximum of 25 cents per bushel on Wednesday, nearing a 7-1/2 hear high, after drought slashed supplies from top global supplier Canada at a time of robust demand for the grain, traders said. The December oats contract surged 25 cents to
The humble soil test is your best bet this fall for better nutrient management after a drought.
Crops, News

Soil testing even more crucial after drought year

A poor crop year means nutrients may be left in the soil. An accurate reading of what’s there can help farmers reduce costs and manage nutrients better

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After a drought year, soil testing is more crucial than ever — and farmers may like the results they get. “In the driest areas with the poorest yields, we’re hearing of very high levels of nitrogen remaining,” said John Heard, soil fertility specialist with Manitoba Agriculture and Resource Development. “I have never been so curious
File photo of emerging durum south of Griffin, Sask. on May 31, 2019. (Leeann Minogue photo)
Crops, Weather

BASF warns on seeding choices for drought-hit imi-treated fields

Steer clear of non-Clearfield canola, durum, canary seed in rotations, company says

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Updated, Sept. 22 — The maker of Odyssey, Solo and Viper is warning grain growers whose fields were excessively dry in 2021 that those herbicides may not break down soon enough in those soils to allow certain seeding choices in 2022. BASF Canada on Monday issued an “urgent notice to growers” in which the company
Crop Report, Crops, News

Rapid push to get canola off the field, kick off soybean harvest

Manitoba Crop Report and Crop Weather report for September 21

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Southwest Region Temperatures varied widely this past week, reaching nearly 30-degree daytime highs, with lows dipping to 0.8°C, but no reports of frost yet. Average daily temperatures range from 13°C to 15°C. Harvest continues; many producers are caught up on cereals and canola and are waiting for soybeans to be ready.  Harvest weather has been

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