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Crops, Markets

CBOT weekly update: U.S. Fed decision one of many factors 

Russia’s withdrawal from Black Sea Grain Initiative, attacks on Ukrainian ports have caused erratic price movement

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Marketsfarm – The decision by the United States Federal Reserve on July 26 to raise its key interest rates mostly served as a distraction on the Chicago Board of Trade (CBOT) from other events affecting grain futures.  The central bank continued its efforts to wrangle inflation by pushing interest rates up 25 basis points to
Goss’s bacterial blight showing the water-soaked tan-gray lesion with dark green/black freckles.
Cereals, Crops

VIDEO: Goss’s wilt bears watching for corn growers

The relatively new bacterial infection of corn has moved north from the U.S. Midwest in recent years

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A corn disease that gained a foothold in Manitoba a few years ago is one to watch, according to a provincial crops specialist. Veronica Owusu, crop production extension specialist with Manitoba Agriculture out of Gimli, says agronomists and farmers should check for Goss’s wilt. The bacterial disease has moved north from the American Midwest and
An artist’s rendering of the Prairie Crops and Soils Research Facility at the University of Manitoba. Photo: University of Manitoba
Crops, Other

Feds, Manitoba pledge $6.4M to ag research facility

The new facility will modernize crop and soil research and training at the University of Manitoba

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The Federal and Manitoba governments have thrown their weight behind development of a facility touted to become Canada’s pre-eminent resource for field crop research. “A great deal of our agriculture industry’s success comes from research and skill development,” said federal ag minister Marie-Claude Bibeau in a news release, Tuesday. Bibeau and Derek Johnson, Manitoba’s minister
Table 2: Estimated MASC seeded acres by commodity at 97 per cent entered.
Crop Report, Crops, Weather

Waterhemp shows up soybeans, cereal crops drying down

Manitoba Crop Report: Issue 11 (week 30)

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Overview  Reports of waterhemp showing up in soybean fields in the RM of Emerson-Franklin and in the RM of DeSalaberry. Producers are encouraged to scout for this weed and remove from fields when found. For more information please see the Manitoba Crop Pest Update July 19 edition. Winter cereal crops continued to dry down over
(Medioimages/Photodisc/Getty Images)
Crops, Markets

U.S. grains: wheat pares gains after 5-month top; corn, soybeans retreat

The market pulled back from five-month highs as Russia appeared to slow its port attacks

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Chicago | Reuters – Chicago Board of Trade (CBOT) wheat futures Wv1 pared gains after setting five-month highs on Tuesday after Russia’s attacks on Ukrainian ports and grain infrastructure raised concerns about long-term global supplies and triggered a round of fund short-covering, analysts said. The wheat market pared gains and even dipped lower at times
Photo: Thinkstock
Crops, Markets, Pulses

Pulse weekly outlook: recent rains could stabilize crops 

Prices for pulses across Western Canada have been steady

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Marketsfarm – Despite the rain the Canadian Prairies received since July 17, MarketsFarm Pro analyst Mike Jubinville pointed out that the major pulse crop areas got very little.  While any precipitation has been beneficial to this year’s crops struggling with dry conditions, Jubinville said, it won’t help that much.  “In terms of advancing pea and
The Bayer AG logo at the headquarters in France. Photo: Reuters/Benoit Tessier/File
Crops, Markets

Bayer slashes outlook as glyphosate demand weakens further

Analysts say dry weather conditions hurt farmers' demand for seeds and pesticides

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Reuters – Further deterioration in demand for glyphosate-based weed killers led Bayer BAYGn.DE to cut its full-year earnings outlook and announce a 2.5 billion euro ($2.8 billion USD) write-down on glyphosate-related assets. In an unscheduled statement late on Monday, the German drugs and pesticides maker said it was projecting 2023 earnings before interest, taxes, depreciation
Detail on the Chicago Board of Trade building. (Kevinstack22/iStock/Getty Images)
Crops, Markets

U.S. grains: wheat soars daily limit as Russia attacks Ukrainian grain ports

E.U. further reduces crop forecast, USDA ratings for soybean and spring wheat declines

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Chicago | Reuters – U.S. wheat futures surged 8.6% on Monday, rising their daily maximum at the Chicago Board of Trade (CBOT) after Russia attacked Ukrainian ports and grain infrastructure, including the first attack on Danube River grain warehouses. The attacks targeted a vital export route for Kyiv in an expanding air campaign that Moscow began
The cycle of convection currents in bin-stored grain when ambient air outside the bin is cold and the grain is warm.
Crops, News

Snuffing out grain storage problems before they begin

Grain is an excellent insulator that can hold warmth and moisture, so management is key

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Nobody wants to deal with heating, spoiling grain, so it’s important to monitor grain temperature and keep stored grain cool and dry by regular aeration or turning. High moisture and warm temperatures in grain allow for rapid growth of insects, fungi and possible production of mycotoxins. Why it matters: All the best field practices in
The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Crops, Markets

U.S. Grains: wheat futures drop, corn weak, soybeans mixed

Market going "from forecast to forecast" says expert

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Chicago | Reuters – U.S. wheat futures dropped 4.1 per cent on Friday, with traders locking in profits from a rally sparked by escalations in the Russia-Ukraine war that raised the prospects of export disruptions from the two key global suppliers. Corn futures also were weaker, pressured by forecasts that showed more rain and cooler temperatures in

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