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Wheat

Limp wheat plants, a result of the climate phenomenon La Nina, at a farm in Navarro, in Buenos Aires province, Argentina December 5, 2022.
Grain Markets, Markets

Canola trade keeps eye on South America’s weather

Canola continues to fluctuate within its $800-$900 trench

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Choppy trade with no real clear direction became the major storyline in the ICE Futures canola market heading into the end of 2022, as investors squared positions and looked to book profits. That’s normal for this time of year as participants head to the sidelines ahead of the holidays, but there are several factors to
CBOT March 2023 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat climbs on winterkill worries

Corn, soy firm on South American dryness

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Chicago | Reuters — Chicago wheat futures climbed on Wednesday, as forecasts for temperatures well below freezing across the U.S. Midwest threatened winter crops heading into the holiday weekend. Corn and soybeans inched higher, supported by firmer wheat and weather conditions in South America. The most-active wheat contract on the Chicago Board of Trade (CBOT)
Farmer Ignacio Bastanchuri, 65, sips a drink as he walks past a cow that died from drought at a farm in Navarro, Argentina, Dec. 5.
News

Arid wheat fields and dead cows

A snapshot of Argentina’s worst drought in decades reveals grim picture

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Reuters – In the fields around the town of Navarro, in Argentina’s Pampas farm belt, the dried-out bed of a huge lagoon and decaying bodies of dead cattle are stark signs of a historic drought that is hammering crops and farmers like Ignacio Bastanchuri. Some 100 kilometres west of capital Buenos Aires, Navarro is one
Agronomy research extension manager Jeremy Boychyn discusses the Manipulator trial on the farm of Greg and Jeff Porozni in early August. A treated strip is on the left (behind the attendees) and an untreated one on the right.
Cereals, Crops

Trial examines plant growth regulators in wheat

There was a reduction in lodging but PGR effectiveness depends on the product, variety and location

By
Glacier FarmMedia – Do plant growth regulators reduce lodging in wheat? They had an impact, but not a huge one, in an on-farm field trial done this year. “What we’ve seen is that they are not a silver bullet when it comes to lodging,” said Jeremy Boychyn, agronomy research extension manager for Alberta Barley and
CBOT January 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets, Weather

U.S. grains: Soybeans end higher with South America in focus

Wheat even; supplies from Black Sea region weigh against U.S. cold snap

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Chicago | Reuters — Chicago soybean futures added on Tuesday as traders watched South American weather, though prices could not break above resistance around US$15 a bushel. “We’re at a key level that’s stopped this market several times,” said Kristi Van Ahn-Kjeseth, chief operating officer at consulting firm Van Ahn and Co. “You get to
CBOT January 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Rains in drought-hit Argentina pressure CBOT futures

Recession fears add pressure to markets, analysts say

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Chicago | Reuters — Chicago Board of Trade grain and soybean futures slid on Monday after beneficial rains hit Argentina’s drought-stricken agricultural zone, analysts said. Argentina is the world’s leading exporter of processed soy, but its usually green Pampas plains have been hit by a historic drought that is preventing many farmers from planting their
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Prices a mixed bag across West

U.S. wheat futures down on week

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MarketsFarm — Wheat prices on the Canadian Prairies for the week ended Thursday were mixed as CWRS wheat was either side of unchanged and CPSR was down slightly. Meanwhile, durum made modest gains. Declines in the U.S. wheat complex put pressure on western Canadian cash prices, but those declines were countered by a weaker Canadian
File photo of the Rainbow Bridge across the Niagara River between Ontario and New York. (Bloodua/iStock/Getty Images)
Crops, Markets

Large gap between StatCan, USDA canola estimates

USDA sticks closer to StatCan expectations on wheat

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MarketsFarm — There’s a significant difference in the amount of canola grown in Canada during 2022-23, in the estimate from Statistics Canada (StatCan) compared to that from the U.S. Department of Agriculture (USDA). Earlier in December, StatCan’s survey-based production of principal field crops report pegged this year’s canola harvest at 18.17 million tonnes. That’s a

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