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Wheat

Gas pump.
Op/Ed

Guebert: The simple answer to the simple question

Nobody’s worried about corn stocks, while wheat woes are piling up

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Oftentimes the simple answer to a simple question is the simple truth. Some people, however, don’t want the simple truth, so they bend facts or shave figures so their square pegs replace roundly accepted reality. It’s commonplace in ag. For example, on April 12, President Joe Biden travelled to Iowa to announce an expansion of
CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Futures fall on recession fears, Midwest rains

U.S. crop ratings lower than trade expected

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Chicago | Reuters — U.S. corn, soybean and wheat futures fell to multi-month lows on Tuesday, joining a broad sell-off in crude oil and equity markets tied to fears of a global economic recession and waning demand for commodities, analysts said. Beneficial rains in portions of the U.S. Midwest over the Independence Day weekend bolstered
The king of all commodities, crude oil, has a natural connection with oilseed crops...
Markets, News

No market is an island

‘Interconnected dominoes’ mean factors react with and off each other

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Nothing operates on its own — especially when it comes to the markets. Markets are just a series of interconnected economic, political and social dominoes that act and react with one another as they drift through time and space together. What happens in one area can have a large or small effect on another area
Developer in China proposes wheat, garlic for houses
News

Developer in China proposes wheat, garlic for houses

Desperate Chinese property developer proposes novel swap

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Reuters – A desperate developer in China’s softening property market has devised a novel promotion to attract buyers, recently offering to take wheat and garlic as down payments. One advertisement of Henan-based Central China Real Estate that had “swap wheat for house” in the title says buyers can use the crop, priced at two yuan
Photo: Thinkstock
Markets

U.S. soybean acres come in below expectations

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MarketsFarm – Farmers in the United States seeded fewer soybean acres than original intentions and slightly more corn, according to updated acreage estimates from the U.S. Department of Agriculture, released June 30. Total soybean area in the country for the 2022 growing season was pegged at 88.30 million acres by the government agency. That compares
Photo: Thinkstock
Crops, Markets

U.S. grains: Soybeans end mostly lower, grains plunge after USDA acres data

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Chicago | Reuters – U.S. soybean futures closed mostly lower on Thursday as midsession support from a lower-than-expected U.S. crop acreage estimate and tightening stocks was eclipsed by broader economic concerns as equities and energy markets retreated. Soy had traded higher after the U.S. Department of Agriculture (USDA) said American farmers planted fewer acres this
Granaries in the Odesa region of Southern Ukraine, June 22, 2022. With ports remaining closed despite international efforts to reach a deal, harvests are getting underway with storages still loaded with last year’s crops.
Farmit Manitoba, News

Dead end for Ukraine grain

Ukrainian farmers may soon be forced to make hard decisions about next season

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Two years ago, when the coronavirus pandemic swept over the world, I didn’t worry about Ukrainian farmers at all. They calmly did their work, plowed the land, sowed and harvested. If in Ukrainian cities then there was a difficult situation with COVID-19, then the farmers almost did not notice it. A year earlier, Ukraine’s fields
The conditions this year are ideal for fusarium head blight.
Cereals, Crops

High-risk for fusarium head blight on winter wheat

Conditions are lining up for an unusual issue in a crop that ordinarily escapes fusarium

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It’s time to consider fungicide applications for winter wheat crops. Persistent rains, warm temperatures and late emergence are conspiring to create pretty much ideal conditions for the fusarium head blight pathogen to thrive, according to David Kaminski, field crops pathologist with Manitoba Agriculture. “Most of the time, as a crop, [winter wheat] escapes infection because

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