Daily Network News

More News →

Wheat

CBOT November 2023 soybeans with 20-, 30- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy futures stumble as trade awaits harvest, crop data

U.S. corn harvesting starts early in some areas

By ,
Chicago | Reuters — U.S. soybean futures fell on Thursday as grain traders waited for farmers to harvest their fields and the government to release updated crop estimates next week. Most-active soybean futures ended down 16-3/4 cents at $13.59-1/2 a bushel at the Chicago Board of Trade (all figures US$). CBOT wheat futures declined 9-1/4
As of last week, Manitoba’s canola harvest was estimated at about five per cent complete.
Grain Markets, Markets

Canola choppy following StatCan’s latest report

Gains faded in the hours following the report’s release

By
As the canola harvest across the Canadian Prairies picked up speed at the end of August, prices for the Canadian oilseed bounced back and forth on ICE Futures. Support came from soyoil on the Chicago Board of Trade, when the commodity was climbing higher, while European rapeseed and Malaysian palm oil provided spillover as well. And as crude oil prices
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Soy futures jump as heat, dryness hurt crop more than expected

USDA rates soy, corn crops least good-to-excellent since 2012

By ,
Chicago | Reuters — Chicago Board of Trade soybean futures jumped on Wednesday after weekly U.S. government data showed crop conditions deteriorated more than expected during hot, dry weather. Reduced crop ratings fuelled expectations among traders that the U.S. Department of Agriculture may cut its yield forecast in a monthly report due next week. USDA
Canola stubble is ideal for winter cereal planting, but barley and pea stubble have been shown to be good alternatives.
Cereals, Crops

Are winter cereals headed for a comeback? 

Early harvest creates more options for field selection

By
Winter wheat and fall rye acreage in Manitoba has been declining in recent years, but an early harvest could see winter cereals bounce back. “In terms of field selection, this is a much better year to be planning and planting winter cereal varieties than last year,” said Manitoba Agriculture crop extension specialist Anne Kirk. Why
(File photo by Dave Bedard)
Crops, Markets

Fund long position edges higher in canola

Net long in CBOT soybeans down on week

By ,
MarketsFarm — The managed money long position in canola edged slightly higher during the week ended Aug. 29, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Aug. 29, 2023, the net managed money long position in canola futures came in at 13,904 contracts (41,949 long,
File photo of idled equipment in drought conditions on a farm in New South Wales, Australia. (f.ield_of_vision/iStock/Getty Images)
Crops, Markets, Weather

Australian crop estimates adjusted slightly lower

Crop seen down 34 per cent from last year

By ,
MarketsFarm — Total 2023-24 winter crop production in Australia, at an estimated 45.2 million tonnes, is expected to be 34 per cent off the record highs hit last year but slightly above the June forecast as upward revisions to canola and barley counter a downward revision to the wheat number, according to the latest crop
CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow line) and K.C. December 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Weather

U.S. grains: Wheat up off three-month low as Australian crop declines

U.S. corn, soy crop ratings fall more than expected

By ,
Chicago | Reuters — Chicago Board of Trade wheat futures edged higher on Tuesday, after hitting a three-month low, amid short covering and concerns about dry weather threatening production in export hubs including Australia. Corn futures also rose, while the soybean market eased as traders awaited the start of U.S. harvesting. After the markets closed,
Manitoba harvest ahead of five-year average, canola conditions seen mostly fair to good
Crop Report, Crops, Weather

Manitoba harvest ahead of five-year average, canola conditions seen mostly fair to good

Manitoba Crop Report: Issue 17 (week 36)

By
Overview  Harvest progress sits at 37 per cent complete across the province, which is ahead of the 5-year average (31 per cent). Winter wheat and fall rye harvest is complete (100 per cent). Yield reports are averaging about 60 bu/acre for winter wheat and 70 bu/acre for fall rye. Harvest continues in spring cereal crops,
Barry Janssens was among the producers worried about encroaching water levels from Whitewater Lake in 2020.
News

Sweet and salty: Using sweet clover to fight salinity

Producers use salt-tolerant forage to claw back productivity on previously flooded land

By
East of Deloraine, in the far southwestern corner of Manitoba, waves of yellow sweet clover are reclaiming farmland that, three years ago, was under the waves of Whitewater Lake. A road runs near the field planted with the legume, a raised snake of land that, in 2019, would have been surrounded by water. In August,
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids, futures take tumbles

Canadian dollar sees slight gain on week

By ,
MarketsFarm — Western Canadian wheat bids were lower throughout during the week ended Thursday, with Canada Western Red Spring wheat seeing the largest declines. Statistics Canada (StatCan) released its first model-based production estimates for 2023-24 on Tuesday. Based on data compiled up to July 31, StatCan estimated total Canadian wheat production at 29.472 million tonnes,

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

Sponsored by:
More Videos →

Latest Market News

More Market News →