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Crops, Markets

Prairie cash wheat: Bids ease off

U.S. wheat futures turn lower

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MarketsFarm — Bids for western Canadian wheat were down all around for the week ended Thursday, with Canada Prairie Spring Red (CPSR) wheat having the largest losses. U.S. wheat futures were lower as export sales continued to be weak. For the week of Nov. 3-9, 176,300 tonnes were sold for export, down 50 per cent
(FMC Corp. video screengrab via YouTube)
Crops, Markets

Ag chem maker FMC looks to sell non-core assets

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Reuters — Crop protection products maker FMC Corp. has launched a strategic review of its non-core assets, including a potential sale of its non-crop business. A slowdown in demand for herbicide and pesticides as well as excess inventories had resulted in large destocking in South America, denting the U.S.-based company’s earnings for much of the
CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Chicago soy, corn slip on improved weather in Brazil

Traders exit long positions ahead of U.S. Thanksgiving week

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Chicago | Reuters — Chicago grain and soybean futures declined on Friday as the prospect of rain in drought-stricken Brazil eased crop concerns, while traders exited long positions heading into a shortened U.S. Thanksgiving trading week. Soybeans and corn dipped more than one per cent while wheat fell 0.5 per cent. The most-active soybean contract
Photo: Reuters/Ben Nelms/File
Crops, Markets

IGC raises world crop projections

If realized, the world wheat crop will the second largest on record

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Projected worldwide wheat, corn and soybean production in 2023/24 was raised by the International Grains Council in its latest update, with better-than-expected corn yields in the United States and larger Black Sea wheat crops behind the adjustment.
“If you think about removing greenhouse gases from the atmosphere, the best thing you can do is increase agricultural yields.” – Curtis Rempel, Canola Council of Canada.
News, Oilseeds

Biofuels drive canola demand

Canola Council of Canada aims for yield research to meet demand

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The Canola Council of Canada is seeking ways to increase yields to meet the rising demand for biofuels. “Biofuels seem to be taking the front-and-centre space for the oilseed sector, at least in Western Canada,” said Curtis Rempel, vice-president of crop production and innovation. Why it matters: The canola industry represents 207,000 jobs, $12 billion in wages and nearly
Joe Gardiner of Covers & Co. (left) and Scott Chalmers of the Westman Agricultural Diversification Organization 
near Melita.
Crops

Matchmaking intercrops: forage soybean and corn

Residual nitrogen, soil health and extended grazing among the potential benefits being tested with the oddball intercrop

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Glacier FarmMedia – The Westman Agricultural Diversification Organization has done a lot of work with intercrops, from honing the agronomy of more established companions like ‘peaola’ (peas and canola), to trying out new mixes like pulses and flax. A novel trial at the research farm’s site near Melita this year put soybeans amid the corn.

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