corn heat units graphic for Manitoba

Manitoba crops see excess moisture, cooler temperatures

Manitoba Crop Report: Issue 10

Fall rye stands are at the soft dough stage. Rapid advancement in winter cereal crop development continues and crop conditions are rated as good. Spring cereals continue to advance with earliest planted fields having moved into the flag leaf/head emergence stage. Soybean and dry bean crops are progressing at a slower pace given the cooler






Corn futures were under pressure for the month of June, and hit it's lowest levels in several months.

U.S. corn acres, grain stocks higher than expected

The planted area for U.S. corn in 2024 was determined to be 91.5 million acres, greater than the March USDA estimate of 90.04 million as well as the trade’s average guess of 90.35 million. However, the figure was nowhere close to last year’s acreage total of 94.64 million. After the release of the report, corn prices at the Chicago Board of Trade (CBOT) reacted bearishly with contracts losing more than 20 U.S. cents per bushel.