The recent influx of moisture across the Prairies put pressure on feed grain prices, according to an Alberta-based trader.
Feed Grain Weekly: Prices drift down as seeding nears completion
CBOT Weekly: Selling, crop conditions drive price drops
Wheat prices led the way as the July Chicago contract fell 46 cents per bushel at US$4.46. The July Kansas City hard red wheat contract dropped 43.5 cents at US$6.7625/bu., while the July Minneapolis spring wheat contract lost 39.5 cents at US$7.1250/bu.
Warmer Canadian weather for the summer: ECCC
Most of Canada should see warmer than normal temperatures during the summer months, according to Environment and Climate Change Canada’s (ECCC) seasonal forecast as of May 31.
Alberta Crop Report: Progress made, still behind historical averages
Growers in Alberta made plenty of seeding progress during the week ended May 28, but progress was still a bit behind historical averages.
Prairie Wheat Weekly: Western Canadian bids show small declines
Most Western Canadian wheat bids weakened a little during the week ended May 30 as spring wheat continued to be planted and winter wheat began its harvest.
Weather just one factor affecting canola markets
Rain and extreme weather have caught the headlines but other issues abound
Canola prices hit calendar-year highs on the Intercontinental Exchange during the week ended May 23, with new crop contracts hovering around the $700 per tonne mark. But lately, there’s been literal rain on canola’s parade. New moisture has been a welcome sight for growers. However, that benefit has been tempered by drawbacks. On the Prairies,
Manitoba crop report: Seeding continues despite large rainfall
Despite heavy rains as well as snowfall, Manitoba farmers were still able to make planting progress during the week ended May 25, according to the province’s weekly crop report.
Pulse weekly: Farmers watching fields, chasing deadlines
The second half of May has been one of the rainiest periods seen in Manitoba in a number of years. On May 24 and 25, upwards to 70 millimetres of precipitation were reported in most areas, causing seeding to become delayed in multiple locations.
ICE Weekly: Canola reaches 2024 highs
Canola futures at the Intercontinental Exchange (ICE) rose to their highest levels of 2024 during the week ended May 22.
Prairie Wheat Weekly: Spring wheat bids on the rise
Bids for Canadian Western Red Spring (CWRS) and Canadian Prairie Red Spring (CPRS) wheat varieties were higher for the week ended May 16. The price rises were mainly due to stronger United States wheat futures and weather concerns at home and abroad.
Cyber-Savvy Farmer
