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Oilseeds

Nutrien’s head office building in Saskatoon. (Liam O’Connor photo)
Crops, Markets

Nutrien’s interim CEO named CEO

Seitz sees 'a lot of uncertainty' continuing in market

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Reuters — Canada’s Nutrien Ltd., the world’s largest potash fertilizer producer, named Ken Seitz as chief executive on Monday, removing the interim tag. Nutrien in January surprised investors by replacing its CEO for the second time in eight months. It then named Seitz, the head of its potash business, as interim CEO, replacing Mayo Schmidt.
CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)
Crops, Markets

U.S. grains: Corn, soybeans slip after Midwest rains

Traders looking ahead to USDA report on Friday

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Chicago | Reuters — U.S. corn and soybean futures eased on Monday as improved weather in parts of the U.S. Midwest’s farm belt boosted harvest prospects for crops stressed recently by high temperatures and dryness. Chicago Board of Trade wheat firmed as the dollar softened, although gains were limited by improving prospects for exports from
“I’ve had people come to our booth and tell us we bought them new half tons. If you’re losing three bushel(s) and you can get that down to one, that’s a considerable amount of money.” – Trevor Scherman.
Crops, Equipment

Calibrate your combine to boost profits

An hour or two spent properly calibrating your machine could be the most lucrative time you spend this harvest

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Farmers will spare no expense when it comes to tending their crops and maximizing production. So why do they spit so many of their profits out the back end of their combines at harvest? It’s a mystery to North Battleford farmer and inventor Trevor Scherman, one of the speakers at the recent Ag in Motion
Crop Report, Crops, News

Crop development varies widely, watch closely for pest insects

Manitoba Crop Report: Issue 13, August 2, 2022

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Overview Fungicide application is slowing across Manitoba, as crops grow past the appropriate timing windows. Producers have done much more fungicide application in 2022 than in recent years. A few insect concerns have popped up in localized spots across Manitoba, with bertha armyworm spraying reported in the Eastern region. Soybean and pea aphids have been
Canola plants in flower north of Lorette, Man., on July 20. Generally favourable growing conditions are responsible for some of the downward pressure on canola futures.
Grain Markets, Markets

Canola futures slip below psychological support levels

Despite the yield outlook, canola’s supply-demand balance remains tight

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Canada’s canola crop is still some time away from harvest, with plenty of opportunities for a weather scare to materialize. However, relatively benign conditions for the time being were enough to weigh on the futures during the week ended July 22. Prices fell below psychological support to their softest levels in six months. The November
Fungal disease risk on the rise, soybeans see rapid growth
Crop Report, Crops, News

Fungal disease risk on the rise, soybeans see rapid growth

Manitoba Crop Report: Issue 12, July 26, 2022

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Overview Rainfall amounts varied across the province with the highest amounts falling in the Eastern and Interlake regions. Most locations in Manitoba received between 20 to 60 mm in the preceding seven days. The Northwest region is the exception, where rainfall amounts ranged from 1 to 32 mm. Frequent rains and generally warm temperatures have
A lot of the pre-harvest safety checks are the same tasks you should take to prevent spoilage, says farm safety expert Robert Gobeil.
Markets

Be safe and profitable when storing grain

Best practices for safety and preventing spoilage in bins frequently cross over, says safety expert

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Glacier FarmMedia – The pre-harvest season is a good time to think about best practices around grain bin safety. Sounds like one more set of things to do on top of about a million others, right? Not necessarily, said a farm safety specialist. Those already taking action to minimize grain spoilage are also eliminating safety

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