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Crops Crops

Counting the stems and tillers of fall-emerged winter cereals will provide a better stand assessment.
Cereals, Crops

Solid footing for Manitoba’s winter cereal crops

The fall had some quirks, but an open seeding window boosted interest in the crop

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Manitoba’s winter cereals are off to a good start. Anne Kirk, cereals specialist with Manitoba Agriculture, and Alex Griffiths, agronomist with the winter wheat program of Ducks Unlimited Canada, both report plenty of fields in good shape, particularly those seeded in the prime window in early to mid-September. “We have had some moisture this September,
A DryAir central heating system feeds aeration fans for a row of grain bins. (Assie.ca)
Crops

Investment firm buys Saskatchewan drying system maker

EIC buys DryAir for $60 million

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A Winnipeg investment firm with ownership stakes in Canadian manufacturing and airlines has bought a Saskatchewan company that makes heating and drying systems for grain growers and other sectors. Exchange Income Corp. (EIC) announced Oct. 5 it has bought DryAir Manufacturing of St. Brieux for about $60 million in cash and EIC stock. DryAir, in
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Most bids lower

U.S. wheat futures down on week

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MarketsFarm — Bids for Canada Western Red Spring (CWRS) wheat were lower in Manitoba, but higher in the rest of the Prairies, while those for Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheat also went down during the week ended Thursday. U.S. wheat futures declined for the week, but were supported
(File photo by Dave Bedard)
Crops

EU countries fail to agree on extending glyphosate approval

Current approval expires Dec. 15

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Brussels | Reuters — European Union governments failed on Friday to give a decisive opinion on a proposal to extend by 10 years EU approval for the use of glyphosate, the active ingredient in Bayer’s Roundup herbicide. A “qualified majority” of 15 countries representing at least 65 per cent of the bloc’s population had been
File photo of immature peaches on a tree in California’s San Joaquin Valley. (GomezDavid/iStock/Getty Images)
Crops

Major U.S. peach producer files for bankruptcy to pursue sale

Setbacks have included salmonella, fires, heavy debts

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New York | Reuters — Prima, a private-equity backed farmer that is the largest producer of peaches and other stone fruit in North America, filed for Chapter 11 bankruptcy protection in Delaware on Friday. The company, owned by private equity firm Paine Schwartz Partners, has about $679 million in debt, and plans to sell its
A seaport grain terminal damaged during Russian missile and drone strikes in Odesa region, Ukraine on July 19, 2023. (Photo: Ukrainian Infrastructure Ministry via Facebook/Handout via Reuters)
Crops

Russia destroyed 300,000 tonnes of grain since July in attacks, Kyiv says

Port damage cuts export potential 40 per cent, deputy PM says

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Kyiv | Reuters — Russia has destroyed almost 300,000 metric tonnes of grain since July in attacks on Ukraine’s port facilities and on ships, the Ukrainian government said on Friday, underscoring the war’s threat to global food security. In summer, Moscow quit a U.N.-brokered deal that had allowed exports of Ukrainian grain through the Black
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy, corn slip on profit taking, macro pressure

Exports lift wheat futures

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Chicago | Reuters — U.S. soybean futures retreated on Friday on profit-taking after hitting two-week highs in the previous session and as souring consumer sentiment and inflation worries hung over the market. Corn futures followed soybeans lower, but wheat rallied after the U.S. Department of Agriculture (USDA) reported stronger-than-expected weekly export sales and confirmed a
CBOT November 2023 soybeans with 20- and 50-day moving averages and December 2023 soymeal (dark grey line, left column). (Barchart)
Crops, Markets

U.S. grains: Chicago soybeans surge after USDA projects smaller soy, corn crops

CBOT corn, wheat also higher

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New York | Reuters — Chicago soybean and corn futures shot up on Thursday following a closely watched U.S. government report forecasting a smaller corn and soybean harvest than previously projected, and below an average of analysts’ estimates. The Chicago Board of Trade’s (CBOT) most-active soybean futures contract jumped about three per cent to settle
(Christophe Paul photo courtesy USDA)
Crops, Markets

CBOT weekly outlook: Markets react bullishly to USDA report

Corn, soy production estimates revised lower

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MarketsFarm — Most of the October world agricultural supply/demand estimates (WASDE) released Thursday from the U.S. Department of Agriculture (USDA) came out lower than trade expectations, causing price jumps on the Chicago Board of Trade (CBOT). “Many people were not expecting a major (average) yield change,” Ryan Ettner, trader for Allendale Inc. in McHenry, Ill.
“I would say that generally, worldwide, the protein levels are a little bit hit or miss. In other words, there’s enough of a problem that people are seeking out protein or better-quality wheat.” – Neil Townsend, GrainFox.
Cereals, Crops

Global protein shortfalls a boon for Manitoba wheat growers

International market pressures could be a silver lining for a Manitoba wheat crop that saw lower than normal yields

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Manitoba wheat growers have a grain marketing mystery on their hands this year. There was no doubt the year was dry. Weekly crop reports put rainfall below average across most of the province, and it was less than half of normal in the driest parts of central Manitoba for most of the year. Given that,

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