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Spring wheat

Manitoba growers haven’t yet voted with their acres when it comes to accepting corn as a major crop in the province, 
despite some modest growth.
Cereals, Crops

Corn’s future should be bright in Manitoba

The results of five years of corn agronomy research show it to be among the most profitable crops but farmers aren’t yet adopting it widely

By
Corn has seen some moderate acreage gains recently as a crop for farmers in Manitoba, and for good reason. The yield per acre seeded has grown exponentially over the past 20 years. But that growth in acres hasn’t been exponential as well. It’s been more in the realm of the slow and steady. For example,
CBOT May 2019 corn, with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn hits contract lows

By ,
Chicago | Reuters — U.S. corn futures fell to contract lows on Friday after the U.S. Department of Agriculture raised its forecast of U.S. corn ending stocks above a range of trade expectations, reflecting a drop in the government’s corn export forecast. U.S. soybean futures also declined and wheat recorded a fifth straight weekly decline,
(CPSR) prices ranged from $210 per tonne in southeastern Saskatchewan to $225 per tonne in southern Alberta.
Grain Markets, Markets

Western Canadian wheat bids mixed on the week

Chicago and K.C. May wheat futures dropped significantly from the previous week

By
Wheat bids in Western Canada were mixed for the week ended March 1, as the Canadian dollar lost ground during the week and U.S. futures dropped. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $1 per tonne on the low side, but gained to $11 per tonne on
Political unease with China is creating a lot of uncertainty in canola markets.
Grain Markets, Markets

Concerns over demand from China drag on canola values

U.S. traders remain cautious with no trade deal yet set

By
ICE Futures canola contracts crashed and burned during the week ended March 1, hitting fresh lows in the front months every day of the week. Concerns over Chinese demand coupled with bearish technical signals accounted for much of the selling pressure. While Canadian political attention was largely on other matters during the week, the simmering
CBOT May 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans firm on trade deal hopes

By ,
Chicago | Reuters — Chicago soybean futures climbed on Monday amid news reports that Beijing and Washington are close to settling a lingering trade dispute, a breakthrough that could boost China’s demand for U.S. soy and other agricultural products. Corn also rose, pulling away from a three-month low struck in the previous session. Wheat prices

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