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Crops, Markets, Weather

U.S. grains: Corn, wheat up as weather, currency spark short-covering

Hong Kong row tempers hopes of China demand for U.S. soy

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Chicago | Reuters — U.S. corn futures jumped on Thursday to a five-week high as a weaker dollar, forecasts for hotter, drier weather in the Midwest corn belt and a further rebound in ethanol production triggered bargain buying and short-covering by managed funds. Wheat futures also rallied on expanding dryness across the Plains wheat belt
Manitoba’s Agriculture Department reported seeding at about 42 per cent complete at the end of the second week of May, down from the three-year average of about 55 per cent.
Grain Markets, Markets

Canola futures run up into resistance

Canola’s downturn likely followed declines in CBOT soybeans and soyoil

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After grinding higher for most of the past month, the ICE Futures canola market ran into resistance and took back a large portion of those gains during the week ended May 22. The July contract traded just below resistance around the 100-day moving average, near $475 per tonne, for a number of days before finally
Crops, Markets

CBOT weekly outlook: Crop commodities rangebound

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MarketsFarm — Favourable growing conditions across most of the U.S. — and a good start to the growing season — have kept commodity prices on the Chicago Board of Trade locked in a sideways range. In the crop progress report released Tuesday from the U.S. Department of Agriculture (USDA), the U.S. corn crop was approximately
Crops, Markets, Weather

U.S. grains: Soybeans firm on slowed planting progress

Wheat rangebound as Northern Hemisphere weather watched

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Chicago | Reuters — U.S. soybean futures firmed on Wednesday as a slowdown in plantings in the Midwest and forecasts for more disruptive weather lifted prices to two-week highs, although technical selling kept a lid on gains. Corn also edged higher after the U.S. Department of Agriculture (USDA) reported slower-than-anticipated planting in a weekly crop
Crops, Markets

U.S. grains: Soybeans firm on China demand, economic optimism

Equities rally as economies reopen, dollar eases

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Chicago | Reuters — U.S. corn futures firmed and soybeans posted their strongest advance in a month on Tuesday as rising equities and energy markets and a weakening U.S. dollar triggered short-covering in commodities battered by the coronavirus pandemic. Wheat followed corn and soy higher but reversed course amid forecasts for crop-boosting rains in rival
Crop Report, Crops, News

Fair weather sees seeded cereal, canola crops quickly emerge

Manitoba Crop Report and Crop Weather report for May 26

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Southwest Region Most of the southwest region received rainfall during past week and on the weekend. Thundershowers in some areas brought a significant rainfall in short period of time. Amounts are varied and can be viewed here. Some areas close to Boissevain and southeast parts of the region toward Killarney, already dealing with surplus moisture,
Clubroot and other crop diseases have startlingly similar transmission pathways and preventive measures as public health challenges such as COVID.
Crops

How canola diseases act like COVID-19

There are startling similarities between public health and plant health as coronavirus precautions reveal

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With the COVID-19 pandemic, society is gaining a whole new understanding of how diseases spread and how following proper precautions can make a huge impact on slowing the spread. While the human stakes are lower for crop diseases, the economic stakes can be high — and the similarities between COVID-19 and crop disease management is
Crops, Markets

U.S. grains: Wheat, soybean futures fall with export prospects

Corn edges up ahead of Memorial Day

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Chicago | Reuters — U.S. wheat futures fell after three straight days of gains on Friday as a firmer dollar disadvantaged the crop in the export market and a forecast for rain promised much-needed relief to dry soils in the U.S. Plains, traders said. Soybean markets also sagged on concerns about export demand, with sales
Crops, Markets

U.S. grains: Soybeans, corn fall

Wheat firms on crop concerns; Russia cuts crop outlook

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Chicago | Reuters — U.S. soybean futures sank 1.4 per cent to a two-week low on Thursday, pressured by concerns about falling export demand from the world’s top soy importer due to rising tensions between Beijing and Washington, traders said. “It does not take much,” said Mark Schultz, chief market analyst at Northstar Commodity. “You
Grain Markets, Markets

Canola holds steady as seeding gets underway

Crude oil pressures and potential for major soy exports weigh in on trading

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Canola prices held steady during the week ended May 15, despite turbulence from outside markets. Nearby canola contracts started the week at $471.30 per tonne and traded on either side of unchanged for consecutive trading sessions during the week. On May 14, the July contract closed at $470.70 per tonne. July soyoil dropped by about

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AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending May 22, 2020.

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