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Soybeans

If sufficient rain doesn’t reach newly seeded Prairie crops in a timely fashion, canola futures may finally break higher.
Grain Markets, Markets

A short but tough week for canola

Another year of tight canola stocks predicted

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There wasn’t much to prop up canola values on ICE futures over the shortened week of May 23. As of May 25, the two most actively traded contracts, old-crop July and new-crop November, fell back by $11.20 and $14.40 per tonne respectively. That’s despite the former poking its head above the psychological level of $700/tonne
European organics ponder gene-editing coexistence
Crops, News

European organics ponder gene-editing coexistence

Unlike their Canadian counterparts, organic farmers across the pond haven’t contended with GMO crops at scale

By
United Kingdom and European Union organic groups are pushing for coexistence strategies as their governments debate how to regulate gene-edited crops. The problem is that the very idea of gene-edited crops is anathema to their sector. “The credibility of organically certified produce is built on the confidence of the shopper that they are choosing to
CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soy up on weather worries, macroeconomic optimism

Black Sea tensions, China weather support wheat

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Chicago | Reuters — U.S. corn and soybean futures closed higher on Friday, lifted by bargain-buying following this week’s multi-month lows, dryness in the Midwest crop belt and spillover strength from equities and crude oil, traders said. Wheat followed the firm trend, drawing additional support from weather concerns in China and tensions over a shipping
CBOT July 2023 soft red winter wheat with Bollinger bands (20,2), MGEX July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat bounces off 2-1/2 year low

Corn, soy futures pare losses

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Chicago | Reuters — Chicago wheat futures closed higher on Wednesday on a round of bargain buying after the benchmark July contract dipped to its lowest level in nearly 2-1/2 years, dragged down by strong competition for export business and macroeconomic worries, brokers said. Similarly, U.S. corn and soybean futures recovered from steep declines, with
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Quick seeding bringing down prices 

U.S. debt ceiling negotiations affected crude oil prices, agricultural commodities mostly immune

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MarketsFarm – Prices for corn, soybeans and wheat on the Chicago Board of Trade (CBOT) were pressured by fast planting paces during the week ended May 31, according to one trader.  The U.S. Department of Agriculture (USDA) reported on May 30 that 92 per cent of the country’s corn crop was planted as of Sunday,
"You want to have a stand establishment of between 140,000 and 160,000 plants per acre. That’s the range where you’re going to maximize your yield.”
News

Finding sweet spot for soybean seeding

Things to consider this year when planting soybeans

By
Manitoba Agriculture pulse and soybean specialist Dennis Lange says the window for seeding soybeans is getting wider. “In the past, one of our big concerns was planting soybeans too early,” he said. “That was our initial discussion a few years ago.” WHY IT MATTERS: Late May is historically the prime time for planting soybeans, although
CBOT July 2023 soft red winter wheat with 20- and 50-day moving averages, MGEX July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat, corn, soy fall on uncertain demand, weather

Sagging equities, crude oil also bearish on grains

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Chicago | Reuters — U.S. wheat, corn and soybean futures tumbled on Tuesday, pressured by macroeconomic worries, strong competition for global grain export business and some forecasts for beneficial Midwest rains next month that could bolster production prospects, analysts said. “The wetter outlook removed the one factor providing stability for the grain and oilseed markets,
CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Corn hits one-month high on weather worries

Soybean, wheat futures also advance

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Chicago | Reuters — Chicago Board of Trade corn futures reached a one-month high on Friday as forecasts for dry weather in the U.S. Midwest kept attention on early risks to this year’s crop. Soybean and wheat futures also rose, with the agricultural markets posting weekly gains following recent declines to multi-month lows. Traders added
Farmer Serhii demonstrates that moisture is captured below the residue of his no-till fields.
News, Other

From Ukraine: the living and the dead

As summer approaches, thoughts turn to harsh times yet to come

By
A centuries-old spring tradition has been preserved in Ukraine, through the communist occupation of the last century and the current war. Every year, a week after Easter, we go to cemeteries. Tens of millions of people dress in nice clothes and take food with them. Coloured eggs — krashanky — and special tall breads —

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