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Chickpea curry. (Modesigns58/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Chickpea market neither bullish nor bearish

Market players awaiting harvest

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MarketsFarm — Hot and dry growing conditions earlier in the growing season cut into Canada’s chickpea yields in 2023-24, but quality should be good if the weather co-operates through the harvest. Canadian farmers planted 315,600 acres of chickpeas in 2023, which was well above the 233,800 acres seeded the previous year, according to Statistics Canada
CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn futures touch 2020 low on improved crop ratings

U.S. soybean crushings set record in July

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Chicago | Reuters — Chicago Board of Trade corn futures tumbled on Tuesday to their lowest level since 2020 after a weekly report from the U.S. government showed better-than-expected crop conditions. Soybean futures also slid on improved U.S. crop ratings, while wheat reached its lowest level in more than two months. A risk-averse sentiment across
Before applying any crop protection product, read the label to find the application rate, timing and pre-harvest interval.
Crops, News

Do you know your trade MRLs?

Pre-harvest is the time to protect the crop’s marketability for international markets

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Maximum residue limits can affect the marketability of a crop, so farmers need to heed them, say crop market experts. “Because we produce so much beyond what we need for our domestic demand for food, we really do need to keep in mind market access and those requirements that we see with our export partners,”
(File photo by Dave Bedard)
Crops, Markets

Fund long position holds steady in canola

Net long in CBOT soybeans down on week

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MarketsFarm — The managed money long position in canola held relatively steady during the week ended Aug. 8, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Aug. 8, the net managed money long position in canola futures came in at 23,753 contracts (49,339 long, 25,856
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Bids run mixed to higher

Domestic wheat yields now a question mark

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MarketsFarm — Bids for Canada Western Red Spring (CWRS) wheat were mixed for the week ended Aug. 10, while those for Canada Prairie Spring Red (CPSR) and durum were on the rise. Scattered showers brought moisture across the Prairies, but attention has now turned to harvesting a wheat crop greatly affected by hot and dry
(OceanFishing/iStock/Getty Images)
Crops, Markets

Little change seen in USDA’s WASDE report

U.S. corn, soy, wheat production figures down from July report

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MarketsFarm — August figures from the U.S. Department of Agriculture’s (USDA) world agricultural supply/demand estimates (WASDE) provided very few surprises and not much change after their release Friday. However, crop production and carryout estimates were tightened from those in July. USDA’s 2023-24 corn production estimate declined by 209 million bushels from July to 15.111 billion,
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybean, grains futures drop as traders shed risk

Corn, soy harvests set to be smaller than expected

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Chicago | Reuters — Chicago soybean and grain futures turned lower on Friday as improving growing weather led investors to anticipate that U.S. Midwest crop conditions will improve, traders said. Corn and soybean futures had a particularly choppy trading session as a flurry of bearish signs prompted investors to shed risks at the end of
Dry pastures near Virden near the end of July.
Forages, Livestock

Manitoba’s hay picture remains unclear

Without rain, many farmers could find themselves short

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Farmers who think they might be short on feed should take steps now or risk paying higher prices amid lack of supply, according to Manitoba’s forage experts. “You may wait and find out that it’s gone up three, four or five cents a pound, or it may not even be available at the quality that
File photo of a sunrise over an Alberta barley crop. (MNphotography/iStock/Getty Images)
Crops, Markets, Weather

Feed weekly outlook: Crop conditions, barley demand lower

Prices expected steady to lower for now

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MarketsFarm — As combining operations begin, dryness continues to plague crops in many parts of Saskatchewan. But while crop conditions aren’t as bad as they were during the drought of 2021, according to trader Evan Peterson from JGL Commodities in Saskatoon, crops are still very parched. “Southern and western parts are very, very poor. But

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