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CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Weather

U.S. grains: Prices down on rains, Ida shuts grain facilities

Iowa, Minnesota crops benefit from rain; Cargill says Ida damaged Louisiana terminal

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Chicago | Reuters — Favourable rains in the U.S. Farm Belt combined with approaching harvests to push down Chicago Board of Trade grain and soybean futures on Monday, analysts said. Traders, meanwhile, assessed disruptions to U.S. crop exports from Hurricane Ida at a time when global supplies are tight and demand from China is strong.
Farmer and Grainews columnist Toban Dyck inspects wheat on July 6, 2021 near Winkler, Man., where hot and dry weather has led to thin, uneven stands. (Photo: Reuters/Rod Nickel)
Crops, Markets, Weather

StatsCan confirms Canada’s crop production down in 2021

Corn expected to be lone exception

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MarketsFarm — Production of most of Canada’s major grain, oilseed and pulse crops was down substantially in 2021-22, as drought conditions across the Prairies cut into yields, according to preliminary estimates released Monday by Statistics Canada. Of the major crops, only corn was expected to see a slight increase in production on the year as
Waterhemp emerges through the canopy of a soybean field.
Crops, News

Waterhemp found in Stuartburn, La Broquerie

The invasive species can cause tremendous yield losses, particularly among row crops

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Infestations of waterhemp have been found in the RMs of Stuartburn and La Broquerie in southeastern Manitoba, bringing the known infestations to 10. MARD reported the new infestations earlier this month and urged farmers to keep an eye out for the noxious plant. “If it’s not under control, this could be our No. 1 weed in a
(Dave Bedard photo)
Crops, Markets, Weather

Smaller crops anticipated in looming StatsCan report

Survey-based data due out Monday

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MarketsFarm — Heat and drought across Western Canada during the summer of 2021 seriously cut into the country’s crop production, raising traders’ expectations for reduced yields across the board when Statistics Canada on Monday releases its first production estimates of the year. Canola production is estimated at 11.5 million to 16 million tonnes, which would
CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Weather

U.S. grains: Soybeans ease as Midwest’s rains seen boosting crop

CBOT December corn up, wheat down

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Chicago | Reuters — U.S. soybean futures fell for a second straight session on Friday as rains were seen boosting harvest prospects in some dry areas of the Midwest farm belt. Wheat futures fell on profit-taking and spillover pressure from lower soybeans, although concerns about global supplies limited declines. Corn was lower much of the
(Dave Bedard photo)
Crops, Markets, Weather

Ag department lowers crop production, export estimates

Expectations knocked down for most major Prairie crops

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MarketsFarm — Canadian crop production will be down significantly in the 2021-22 marketing year, cutting into exports for all of the country’s major grains, oilseeds and pulse crops. That’s the estimation from the latest supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Thursday. Total field crop production for all crops is forecast to decrease
(ThamKC/iStock/Getty Images)
Crops

U.S. EPA recommends lowering 2020 biofuel mandates retroactively

Agency not confirming or denying sources' statements

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Reuters — The U.S. Environmental Protection Agency has recommended retroactively lowering biofuel blending mandates for 2020, two sources familiar with the matter said, after the agency on Thursday sent a proposal on the mandates to the White House for review. The move could provide immediate relief to oil refiners that have to comply with the
Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)
Crops, Markets

Feed weekly outlook: No surprises in latest barley numbers

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MarketsFarm — Following the release of monthly supply and demand estimates from Agriculture and Agri-Food Canada (AAFC) Thursday, Brandon Motz of CorNine Commodities at Lacombe, Alta. wasn’t surprised at how low the numbers dropped, particularly for barley. Motz commented the harvest hasn’t been as good as initially thought, noting the AAFC report confirmed the situation
CBOT December 2021 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn, soy fall as Midwest rains benefit crops

Tight global wheat supplies could boost U.S. exports

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Chicago | Reuters — U.S. corn and soybean futures ended lower on Thursday, as beneficial rainfall across the U.S. Midwest added pressure to soybean markets, while export sales capped losses. Wheat found technical support, underpinned by tight global supply concerns. Chicago Board of Trade most-active corn fell one cent to $5.50-3/4 a bushel, while nearby

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