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Soybeans

CBOT December 2023 corn with Bollinger bands (20,2) and U.S. dollar index (black line). (Barchart)
Crops, Markets, Weather

U.S. grains: Corn, soy rally as focus returns to weather, dollar

Wheat traders keep one eye on Black Sea deal

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Chicago | Reuters — U.S. corn futures bounced on Thursday on bargain buying after hitting a 2-1/2-year low early in the session while soybeans rose three per cent as traders shifted their focus back to uncertain crop weather and worries about supplies, analysts said. A slump in the U.S. dollar lifted wheat as well as
People watch as a tornado swirls near Carstairs, Alta. 
on July 1 in a screengrab from a social media video.
Grain Markets, Markets

Uncertainty embedded in a weather market

Canola pushes past the bumps of a holiday-shortened trading week

By
Canola made a big jump on June 30, following steep increases in the Chicago soy complex, and by July 6 the oilseed appeared well positioned to attack $800 per tonne. The U.S. Department of Agriculture released its planted acres report June 30, catching the trade off guard in cutting the amount of soybean acres by
CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn hits 2-1/2-year low, soybeans tumble over USDA data

WASDE also pressures CBOT wheat

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Chicago | Reuters — U.S. corn futures fell to their lowest price since early 2021 on Wednesday after the U.S. Department of Agriculture projected a larger-than-expected domestic crop and rising supplies, analysts said. Soybean futures tumbled after USDA’s forecast of 2023-24 soy ending stocks fell above a range of trade estimates, and wheat futures were
ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola climbs on weather worries

Demand rationing also seen as supportive

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MarketsFarm — The ICE Futures canola market moved steadily higher during the week ended Wednesday, hitting its strongest levels in more than four months as bullish chart signals and production uncertainty across the Prairies provided support. A bearish reaction in the Chicago soy complex to the latest supply/demand estimates (WASDE) from the U.S. Department of
(Christophe Paul photo courtesy USDA)
Crops, Markets

CBOT weekly outlook: Markets react bearishly to WASDE report

Traders were expecting reduced U.S. corn yield

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MarketsFarm — The Chicago Board of Trade (CBOT) saw futures come down after the U.S. Department of Agriculture (USDA) released its monthly world agricultural supply and demand estimates (WASDE) on Wednesday. Corn prices were 18 cents per bushel lower on the day, while soybeans lost 27-33 cents (all figures US$). Chicago soft wheat shed 24-28
Sporadic rainfall helps some crops, majority of Manitoba soils seen optimal to dry
Crop Report, Crops, Weather

Sporadic rainfall helps some crops, majority of Manitoba soils seen optimal to dry

Manitoba Crop Report: Issue 9 (week 28)

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Overview Crop development has been rapid. Fungicide application in spring wheat for fusarium head blight is complete in most regions. Canola fungicide application continues in areas where disease potential is slightly higher. Corn growth continues to progress quickly and is approaching tasseling. Sunflower fields were mostly in the R2 (early bud) to R3 (early bud
“If we give the farmer the tool of the soil health report, along with an understanding of what they need to do to improve soil health, they’re going to improve crop yields and profitability and reduce the risk in a dry year or a wet year.” – Wayne Black, A & L Laboratories
News

Confusion remains about soil health

Producers get mixed messages on what they should do to improve their ground

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Soil health is a catchphrase that has dominated the agri-food landscape for at least five years, but what does it mean? The term has been adopted and re-imagined by countless individuals, organizations and groups to support everything from organics to cover crops, reduced till or no till, carbon sequestration, sustainability and regenerative agriculture. Adding to
Soybean cyst nematode was confirmed in Manitoba in 2019.
Crops, Features

Soybean cyst nematode in crosshairs for food-grade soybeans

Future varieties will resist diseases SCN and white mould

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Soybean cyst nematode and white mould are bad news for Canadian soybean growers and, although both are more of an issue to the east, SCN has been creeping into Manitoba for the last five years. In 2021, Manitoba saw its first field with symptoms, although the first finding of the nematode dates back to 2019.

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