Crops & Farming Articles - Manitoba Co-operator

Prairie cash wheat: Rising loonie cuts into bids

MarketsFarm — Hard red spring wheat bids in Western Canada lost ground during the week ended Thursday, as the bearish influence of a strengthening Canadian dollar more than offset supportive influence from gains in U.S. futures. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $5.50-$10 per tonne, according to

The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)

Crops, Weather

U.S. EPA waives fuel requirements, extends biofuels deadline

Deadline extended to help refineries

By GFM Network News, Stephanie Kelly March 28, 2020

Reuters — The U.S. Environmental Protection Agency on Friday unveiled measures to help oil refineries cope with fallout from the coronavirus outbreak, including waiving anti-smog requirements for gasoline and extending the deadline for small facilities to show compliance with the nation’s biofuels law. The outbreak has touched off a massive global decline in demand for

CBOT May 2020 wheat with Bollinger (20,2) bands. (Barchart)

Crops, Markets

U.S. grains: Wheat firm on Russia export quota plan

Chicago corn ends lower

By GFM Network News, Julie Ingwersen March 28, 2020

Chicago | Reuters — U.S. wheat futures rose on Friday on optimism about export prospects as a Russian plan to cap grain exports for the rest of the season shifted attention back to potential supply tensions during the coronavirus pandemic. However, futures pared gains on profit-taking ahead of the weekend and worries that the rally

Crops, Markets

Funds reduce net short position in canola

By GFM Network News, Phil Franz-Warkentin March 27, 2020

MarketsFarm — Fund traders were covering short positions in canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 48,614 contracts (886 long/49,500 short), a decrease of about

CBOT May 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

U.S. grains: Wheat retreats from two-month peak

Corn rallies to end firm

By GFM Network News, Julie Ingwersen March 27, 2020

Chicago | Reuters — U.S. wheat futures fell on Thursday, retreating from a two-month high set the previous session, as traders booked profits and awaited developments in the coronavirus crisis that had sparked the recent run-up in wheat markets. Soybean futures also declined but corn rallied late in the session to eke out a modest

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Crops, Markets

Feed weekly outlook: Spring rally unlikely

By GFM Network News, Phil Franz-Warkentin March 26, 2020

MarketsFarm — Feed grain bids in Western Canada have held relatively steady over the past month despite large moves in many outside markets. However, a number of factors may weigh on values heading into the spring. Feed barley is trading in the $4-$4.95 per bushel area in Alberta, according to Prairie Ag Hotwire data. Prices

Crops

Farm suppliers race COVID-19 spread for planting season

By GFM Network News, Rod Nickel, Tom Polansek March 26, 2020

Winnipeg/Chicago | Reuters — North America’s biggest farm suppliers are accelerating shipments of fertilizer, seeds and agricultural chemicals to crop-growing regions in an unprecedented race against the coronavirus that threatens to disrupt planting season. The timing could not be worse for farmers preparing to plant crops. Disruptions in deliveries of fertilizer, seeds or chemicals could

Crops, Markets

ICE weekly outlook: Canola, soy crush margins up sharply

By GFM Network News, Glen Hallick - MarketsFarm March 26, 2020

MarketsFarm — As canola and other ag commodities made strong gains over the last week, there was something a little strange about them, according to Winnipeg-based trader Bill Craddock. Crush margins, he said, follow prices for edible oils and meal, as well as the Canadian dollar. It’s all part of the formula used to calculate

Crops, Markets

CBOT weekly outlook: Wheat futures underpinned for now

However, traders still watching headlines

By GFM Network News, Phil Franz-Warkentin March 26, 2020

MarketsFarm — U.S. wheat futures have climbed higher over the past week, with the largest gains in Chicago Board of Trade soft wheat, as global uncertainty over the COVID-19 pandemic provided some support. However, that uncertainty could also makes predicting market trends rather difficult, according to an analyst. “All of my comments come with a

Crops, Markets

U.S. grains: Wheat climbs on global demand for bread

By GFM Network News, Julie Ingwersen March 26, 2020

Chicago | Reuters — U.S. wheat futures surged on Wednesday, with the May contract on the Chicago Board of Trade hitting a two-month high on a mix of technical buying and global demand for bread as the coronavirus prompts consumer stockpiling, analysts said. Corn futures closed modestly higher while soybean futures turned lower. CBOT May

Daily Network News

Moroccan fertilizer maker OCP expects output to drop 30 per cent in Q2, sources say

Feed Grain Weekly: Demand rises despite war uncertainty

How farmers can manage stress, anxiety during spring seeding

Crops

Prairie cash wheat: Rising loonie cuts into bids

U.S. EPA waives fuel requirements, extends biofuels deadline

U.S. grains: Wheat firm on Russia export quota plan

Funds reduce net short position in canola

U.S. grains: Wheat retreats from two-month peak

Feed weekly outlook: Spring rally unlikely

Farm suppliers race COVID-19 spread for planting season

ICE weekly outlook: Canola, soy crush margins up sharply

CBOT weekly outlook: Wheat futures underpinned for now

U.S. grains: Wheat climbs on global demand for bread

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