(Photo courtesy United Soybean Board)

U.S. grains: CBOT soy rallies on export demand

Chicago | Reuters — U.S. soybean futures rose 1.1 per cent on Tuesday, supported by strong export demand for U.S. supplies despite a massive crop from South American producers Brazil and Argentina. Technical buying also helped fuel a rally in the soybean market, which closed near session highs. Chicago Board of Trade soft red winter



Western wheat bids chop up and down

Western wheat bids chop up and down

Average prices for CWRS wheat ran around $232 per tonne in western Manitoba

Hard red spring wheat bids in Western Canada saw volatile action during the week ended May 5, ultimately ending mixed in the face of competing influences. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down by as much as $1.75 to up $2.25 per tonne across the Prairie provinces, according



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy, corn sag on technical selling

Chicago | Reuters — U.S. soybean futures hit a 1-1/2-week low on Thursday, pressured by follow-through weakness after Wednesday’s poor technical close and some farmer selling, analysts said. Corn futures sagged as forecasts called for improving weather in the U.S. Midwest, where wet conditions have stalled planting in some areas. Wheat futures were modestly higher.

Early signs say winter wheat didn’t fare very well in parts of the province this season, and much of the crop is in doubt in affected areas.

Winter wheat takes a beating in the east

The mid-winter melt may have felt good at the time, but winter wheat 
producers are now getting a first-hand look at its downside


Mid-winter thaws hit hard at overwintering cereals in January and February, and farmers in eastern Manitoba are just now discovering the impact. Jake Davidson, executive manager of Winter Cereals Canada, said winter wheat acres north, south and east of Winnipeg suffered significant crop damage when water-saturated ground later refroze. Other growers who escaped that weather


(Dave Clark photo courtesy ARS/USDA)

U.S. grains: Corn up on USDA world stocks view

Chicago | Reuters — U.S. corn futures rose about two per cent on Wednesday after the U.S. Department of Agriculture’s forecast for global inventories at the end of the 2017-18 marketing year fell below trade expectations. Soybean futures hit a six-week high after the USDA’s reports were released, buoyed by the government’s forecast for a

(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy up ahead of USDA data

Chicago | Reuters — U.S. soybean futures climbed nearly one per cent on Tuesday, halting a three-session slide, as traders adjusted positions a day ahead of a U.S. government crop report and as excessively wet weather in the Midwest raised concerns, analysts said. Corn futures closed modestly higher while wheat fell, pressured by a stronger


Weather cooperates, drying fields, improving seeding progress

Manitoba Crop Report and Crop Weather report for May 8, 2017

Manitoba Agriculture – Warm, dry and windy weather conditions prevailed across the province allowing for favourable drying of soil surface. More and more fields are accessible for field work and seeding operations to progress. Planting of cereal grains advanced the most. Field peas, canola and corn are also being planted. Many areas continue to report soil