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Statistics Canada is set to publish its principal field crop areas report on March 11. That will provide a better idea of what farmers are planning to sow in 2024.

Lane change from downhill to bumpy road

StatCan’s March 11 report will signal seeding intentions for 2024

By Glen Hallick - MarketsFarm February 29, 2024

As February winds down, canola has altered its course. Instead of the dreary downward trend that gave little joy, the oilseed is headed toward a bumpy road. Like frost boils and potholes marking roads throughout the Prairies, canola began facing a future of ups and downs last week. While the Intercontinental Exchange saw a short-lived

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

Markets

U.S. grains: Soybean futures rise from three-year low

Corn extends recovery; wheat futures fell

By GFM Network News, Reuters, Tom Polansek February 28, 2024

Chicago Board of Trade soybean futures settled higher on short-covering and technical buying on Wednesday as the market rebounded after the front-month contract matched a three-year low, analysts said.

Speaking to delegates at the Canadian Federation of Agriculture annual meeting, the minister referenced the APP while talking about available programs. He said farmers had been through a lot in the last few years with pandemic supply chain issues, global unrest and extreme weather. | Screencap via twitter.com/@CFAFCA

CFA delegates want interest-free portion of APP back at higher limit

Politicians grilled on intentions toward carbon price exemption bill

By GFM Network News, Karen Briere February 28, 2024

Federal agriculture minister Lawrence MacAulay said Feb. 27 he couldn’t move the interest-free portion of the Advance Payment Program back up to $350,000.

Markets

Spring road restrictions coming soon to Prairies

Grain, equipment movement can be affected by road bans

By GFM Network News, Phil Franz-Warkentin February 27, 2024

The spring melt across Western Canada will cause disruptions to grain and livestock movement, as seasonal spring road restrictions come into effect across the Prairies.

Photo: Fotokostic/iStock/Getty Images Plus

Markets

U.S. grains: Corn extends bounce from three-year lows on bargain buying

Soybean futures backpedal from early advances

By GFM Network News, Reuters, Tom Polansek February 27, 2024

Chicago | Reuters -- Chicago Board of Trade corn futures rose for a second consecutive session on Tuesday, extending a slight recovery from their lowest levels in more than three years.

Photo: daoleduc/iStock/Getty Images Plus

Canada-made sustainability index gets funding boost

A pilot version of the index was published in May of 2023

By Geralyn Wichers, GFM Network News February 27, 2024

The federal government has pledged more than $3.1 million for the continued development of a made in Canada sustainability index for agricultural products.

Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)

Zelenskiy says Black Sea grain corridor in doubt without US aid

Conservative Republicans in US House of Representatives threatening to block further military aid

By GFM Network News, Reuters February 27, 2024

New York | Reuters -- Ukraine's President Volodymyr Zelenskiy said on Monday that without new U.S. military aid his country would be unable to defend a Black Sea shipping corridor that has allowed Kyiv to export millions of tons of grain to global markets.

Markets

U.S. grains: Corn, soy rise in turnaround from 3-year lows in nearby futures

US grain exports face competition from South America

By GFM Network News, Reuters, Tom Polansek February 26, 2024

Chicago | Reuters -- U.S. corn and soybean futures bounced on short-covering on Monday, after large supplies earlier knocked nearby contracts to their lowest levels in more than three years, traders said.

Markets

Managed money still adding to record large canola short position

Net short position in soybeans increased by about 2,300 contracts

By GFM Network News, Phil Franz-Warkentin February 26, 2024

Speculators continued to add to their record large net short position in canola in mid-February, showing little sign of moving to the other side of the market any time soon, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

A demonstrator reacts as Spanish farmersprotest over price pressures, taxes and green regulation and grievances shared by farmers across Europe, in Madrid, Spain, February 26, 2024. REUTERS/Juan Medina

Farmers protest across Europe, press ministers to act

Protests continued in Brussels, Madrid, border between Poland and Germany

By GFM Network News, Philip Blenkinsop, Reuters February 26, 2024

Farmers on Monday blocked a border crossing between Poland and Germany, threw bottles at police in Brussels and gathered in Madrid to demand action on cheap supermarket prices and what they say is unfair competition from abroad.

Daily Network News

Argus cuts Ukraine wheat crop forecast on lower harvest area

Argentina soybean production to be firm in 2026-27

Southern California honeybees show resistance to varroa mites

Oilseeds

Lane change from downhill to bumpy road

U.S. grains: Soybean futures rise from three-year low

CFA delegates want interest-free portion of APP back at higher limit

Spring road restrictions coming soon to Prairies

U.S. grains: Corn extends bounce from three-year lows on bargain buying

Canada-made sustainability index gets funding boost

Zelenskiy says Black Sea grain corridor in doubt without US aid

U.S. grains: Corn, soy rise in turnaround from 3-year lows in nearby futures

Managed money still adding to record large canola short position

Farmers protest across Europe, press ministers to act

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for April 10, 2026

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