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File photo of vessels on the Mississippi River south of New Orleans on Nov. 5, 2017. (Dave Bedard photo)
Crops, Weather

Shallow Mississippi River expected to persist as dry winter hits U.S. South

River levels at historic lows this fall

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Reuters — Low water levels on the Mississippi River are likely to persist this winter as drier-than-normal weather is expected across the southern U.S. and Gulf Coast, U.S. government forecasters said on Thursday. Drought, which currently spans 59 per cent of the country, is expected to continue or worsen in the middle and lower Mississippi
CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, blue and black lines). (Barchart)
Crops, Markets

U.S. grains: Soy futures rally on strong exports

Chicago corn, wheat also firm

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Chicago | Reuters — U.S. soybean futures rose 1.4 per cent on Thursday as strong export data buoyed hopes that overseas buyers will book more deals in coming weeks. Corn and wheat futures also were firm, with short-covering and technical buying underpinning the market after prices for both commodities dropped near the low end of
ICE January 2023 canola (candlesticks) with Bollinger bands (20,2) and 100-day moving average (black line). (Barchart)
Crops, Markets

ICE weekly outlook: Canola sees choppy, sideways month-end trade

Wide crush margins remain bullish

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MarketsFarm –– ICE Futures canola contracts held within a narrow range during the week ended Wednesday, lacking any clear direction with the rolling of positions out of the nearby November contract ahead of its expiry behind much of the trade volumes. “We’re stuck a little rangebound here,” a Winnipeg-based trader said of the sideways activity,
CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn, wheat weak on export concerns

Chicago November soybeans end firm

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Chicago | Reuters — U.S. wheat and corn futures fell on Wednesday as weak demand on the export market weighed on prices. Soybeans ended in positive territory, but concerns that global purchasers will shift their demand for soybeans to South American suppliers as soon as possible kept the gains in check. “You can at least
Crop Report, Crops, News

Manitoba harvest nears completion

Manitoba Crop Report: Issue 24, October 18, 2022

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Overview Harvest progress sits at 90 per cent complete across the province, having caught up to the 5-year average of 91 per cent complete by week 42. Harvest is wrapping up or done in many areas of southern Manitoba, and fall fieldwork, tillage, fertilizer application and drainage is underway. Winter cereal crops appear in good
Canola plants in flower in a field north of Lorette, Man. on July 20, 2022. (Dave Bedard photo)
Crops

Prairie-wide canola variety trial program ending

'Current format' of CPT concludes: commissions

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The sun is about to set on the current Prairie-wide canola variety evaluation program run by the three Prairie provinces’ canola grower commissions. SaskCanola, the Alberta Canola Producers Commission and the Manitoba Canola Growers Association announced Monday that 2022 is the final year of the Canola Performance Trials (CPT) “in its current format.” “Going forward,
Signage outside an IBEW office in Winnipeg. (File photo by Dave Bedard)
Crops

Arbitration leads to deal for CN signals staff

IBEW held 17-day strike in summer

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Canadian National Railway (CN) has labour peace with its signals and communications workers through to the end of 2024 coming out of binding arbitration. The 750-odd workers, represented by International Brotherhood of Electrical Workers (IBEW) System Council 11, had agreed to take their dispute with CN to arbitration in early July, ending a 17-day strike.
CBOT December 2022 soft red winter wheat (candlesticks) with MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat, soybeans, corn fall on demand concerns

CBOT December wheat touches four-week low

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Chicago | Reuters — U.S. wheat, corn and soybean futures fell on Tuesday on concerns that overseas buyers will turn to alternative supplies to meet their import needs, traders said. “Consistently high prices are slowly doing their job of eroding demand across the board, with Brazil in particular among a group of global players that
(Canest-transit.ca)
Crops

Feds back Montreal port grain terminal for upgrades

CanEst crop container terminal funded for equipment, capacity improvements

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CanEst Transit’s grain container terminal at the Port of Montreal is putting $8 million in federal funding toward new equipment and improvements to current infrastructure. Transport Canada, in a release Wednesday, said the goal of the terminal project is to “increase the number of containers stored onsite, improve the quality of the grain-cleaning service, optimize

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