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Soybeans

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybeans climb on weather risk, export demand

Pro Farmer tour predicts corn, soy crops below USDA estimate

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Chicago | Reuters — Chicago soybeans climbed on Friday, bolstered by extreme heat and mixed results on the final day of a Midwest crop tour. Corn traded much of the day mixed, ending just under even as crop production remains robust, despite recent yield-eroding weather. Wheat fell as global supplies remain plentiful, though signs of
Photo: Oleksandr Yuchynskyi/iStock/Getty Images

Crops, Other

The do’s and don’ts of desiccation

As with all herbicide applications, follow the label, especially on application timing

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It is time to think about desiccation and pre-harvest weed control. “We’ve had some really good, hot weather for harvesting, so it really hasn’t been a year that we’ve had to talk much about pre-harvest desiccation or pre-harvest weed management,” provincial weed extension specialist Kim Brown-Livingston says. “But the harvest has just begun, and we’ve
(Richardson International video screengrab via YouTube)
Crops, Markets

July canola crush sets new records

Soybean crush down slightly from last July

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MarketsFarm — Statistics Canada reported very sizeable increases in the July canola crush when compared to a year ago. In fact, the month’s crush was not only a record for July but also for any month. Meanwhile, StatCan found the July soybean crush was slightly lower than in July 2022. The federal agency pegged the
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans up as heat risk in focus

Weak demand erodes corn, wheat

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Chicago | Reuters — Chicago soybean futures firmed for a second straight session on Thursday, supported by strong exports and supply uncertainty as hot, dry weather cast uncertainty over U.S. prospects. Corn inched down as the market assessed results from this week’s Pro Farmer crop tour. Wheat eased as traders weighed strong global supplies against
As combines roll across the province, the expected highly variable yield picture is emerging.
Crops, News

Variable moisture, variable yields as harvest in Manitoba begins

Early reports say spring wheat crops are rated mostly fair to good; some producers report below-average or average yields

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Variability was the name of the game as spring wheat harvest began in the third week of August. “This is the most variable I can remember,” said Clayton Harder. He has fields around the north side of Winnipeg and said he has soybeans that are ankle high and others that are waist high. One field
Hefty U.S. soybean crush propels Canadian canola upward
Grain Markets, Markets

Hefty U.S. soybean crush propels Canadian canola upward

Despite rising with soy, traders say canola is still too cheap

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The aggressive use of soybeans in the United States for biofuel production was squarely behind the sharp upticks in canola prices for the week ended Aug. 17 on the Intercontinental Exchange. The U.S. National Oilseed Processors Association released its monthly report on Aug. 15, showing 173.3 million bushels of soybeans were crushed in July. Not
“Pods can look dramatically different, either riper or less ripe, than the actual seeds, so we need to be cracking open those pods and looking at the seeds.” Photo: Greg Berg
Crops, Markets

ICE weekly outlook: Canola following soyoil’s lead

Stat Can's principal field crop estimates will be released on Aug. 29, may affect prices

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MarketsFarm – The November canola contract rose above the C$800 per tonne mark for the first time in nearly a month during the week ended Aug. 23. However, it wasn’t without some turbulence over the last two days of trading. On Aug. 22, the November contract lost C$13.40 per tonne to close at $796.00, before
The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Crops, Markets

CBOT weekly outlook: damage from extreme heat immediately unknown 

CBOT largely ignored the latest machinations in the Russia-Ukraine war that could change quickly: analyst

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MarketsFarm – Prices at the Chicago Board of Trade could increase if there’s heat damage to the United States corn and soybean crops, according to Tom Lilja of Progressive Ag in Fargo, North Dakota. During the week of Aug. 21 to 25 a heat dome formed over much of the U.S. Midwest with temperatures pushing
“There’s even a question of would harvest equipment be available for 2023. There will be some equipment available, but will it be what you want and [what] fits your needs?” – Bill Campbell, Keystone Agricultural Producers. Photo: iStock/Getty Images
Crops, Livestock, Weather

Manitoba crop report: dry week helps advance harvest

Cattle producers move herds to hay fields to graze regrowth

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MarketsFarm – Dry conditions across crop-growing areas in Manitoba helped the province’s annual harvest get off to a good start during the week ended Aug. 20. Much of the eastern, southern and central regions received two millimetres of precipitation at most during the week with several locations receiving no rainfall at all. The northwest region
Summary of accumulated precipitation for Manitoba’s Agricultural Regions.
Crop Report, Crops, Weather

Harvest progress hits double digits, majority of Manitoba soils seen dry

Manitoba Crop Report: Issue 15 (week 34)

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Overview  Harvest progress sits at 13 per cent complete across the province, which is on-par with the 5-year average harvest progress. Winter wheat and fall rye harvest is near completion, with 93 per cent of acres harvested. Early yield reports for winter wheat are averaging about 60 bu/acre and 70 bu/acre for fall rye. Harvest

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