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Crops, Markets

Prairie cash wheat: Bids mixed

Durum steady to lower

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MarketsFarm — Wheat bids in Western Canada were mixed during the week ended Friday, with gains observed in Canada Western Red Spring (CWRS) wheat and losses in Canada Prairie Spring Red (CPSR). Canada Western Amber Durum (CWAD), meanwhile, was steady to lower. Average CWRS (13.5 per cent) wheat prices were up by $2-$7 per tonne,
Crop Report, Crops, News

Average crop yields and widespread insect issues seen in 2020

FINAL REPORT: Manitoba Agriculture Crop Report Summary for 2020

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Southwest Region A wet fall in 2019 meant unharvested crops from the previous year had to be dealt with this spring. A large number of canola swathes were left in the field, together with severely lodged flax. Much of the remaining flax was burnt. Starting weather conditions for seeding were optimum in the Southwest region
Crops, Markets, Weather

U.S. grains: Corn, soy rise on export hopes

Wheat futures dip on profit taking

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Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Wednesday, as concerns about dry conditions in key global production areas of South America boosted export prospects for both U.S. commodities. Strength in the cash market also supported gains in corn and soybean futures, traders said. CBOT soft red winter wheat
Crops, Markets, Weather

CBOT weekly outlook: Export demand supports wheat, soy

Lower U.S. dollar also supportive

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MarketsFarm — Strong global demand, paired with concerns of dry growing conditions in key regions, has spurred U.S. wheat prices higher. “Some countries are getting nervous with the persistent dryness in several regions, which could reduce the supply of quality global wheat,” said Terry Reilly of Futures International in Chicago. Dry growing conditions in Ukraine,
Crops, News

Manitoba’s organic sector seeing slow but steady increase: report

Manitoba was the only Prairie province to see an increase in organic crop acres in 2019

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Manitoba’s organic growers and processors posted a year of moderate increases in 2019, according to a new report from the Prairie Organic Development Fund. While Manitoba continues to be by far the smallest of the Prairie provinces in terms of organic acres, it was the only Prairie province to increase its organic acres last year with an addition of
Now that this year’s crop is largely in hand, it’s time to revisit your marketing plan.
Grain Markets, News

Take stock of your grain marketing plan now

Now’s the time to reassess target prices and other aspects of your efforts

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With the harvest wrapping up, many producers are starting to seriously think about how to make the most of things while marketing their crop. The good news is that, generally speaking, prices are looking good, Bruce Burnett, Glacier FarmMedia’s director of markets and weather information, said. “This year the market fundamentals — depending on commodity — have been
Crops, Markets

U.S. grains: Dry soils push Chicago wheat higher

CBOT corn, soy futures also rise

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Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures firmed on Monday, hitting almost six-year highs, on concerns about dry conditions across key global growing areas, traders said. But gains were limited as investors stood by after prices have rallied 8.6 per cent so far this month. “The market is just
Crops, Markets

Prairie cash wheat: Prices up on sharp rises in U.S. wheat

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MarketsFarm — Wheat bids in Western Canada were higher for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats for the week ended Thursday. Support came from double-digit increases in Chicago, Minneapolis and Kansas City wheat futures. Meanwhile, the Canadian dollar was relatively steady. Average CWRS (13.5
A wet fall in 2019 left Manitoba producers with a lot of challenges to overcome this spring.
Crops, News

Ideal fall makes up for late start

With much of the harvest in the bin, Manitoba producers are mildly disappointed with a just-average crop

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This season might be going out like a lamb, with near-optimal harvest conditions, but that doesn’t mean Manitoba grain growers haven’t grappled with their fair share of challenges. It all started a year ago, with the wet fall of 2019 postponing field work and applications until this spring, and causing many issues that required untangling
Grain Markets, Markets

Crush margin stays wide despite decent canola prices

Watch soybeans for an indication of future market direction

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The ICE Futures canola market was strong during the first week of October, but ran into resistance from a chart perspective. The November contract was hard pressed to move above $530 per tonne, despite trading just below the psychological point on a number of occasions. A break above there would set the stage for a

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