Crops & Farming Articles - Manitoba Co-operator

ICE July 2019 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

ICE weekly outlook: Little for canola bids to stand on

By GFM Network News, Glen Hallick - MarketsFarm May 8, 2019

MarketsFarm — There wasn’t much available to sustain a bounce in canola prices, from where David Derwin sits. “It’s really tough to say. We had canola drop so much over the last couple of months and sometimes it’s ‘buy the rumour, sell the fact,’” said Derwin, a commodities portfolio manager with PI Financial in Winnipeg.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Crops, Markets

CBOT weekly outlook: U.S./China deal awaited

By GFM Network News May 8, 2019

MarketsFarm — The Chicago Board of Trade is carefully watching the prolonged trade drama between the U.S. and China and waiting to see if the two countries will reach an agreement in days to come. “Headlines are leading trade,” remarked Steve Georgy, president of Allendale Inc. at McHenry, Il. “Markets are revolving around China talk,

CBOT July 2019 corn with Bollinger (20,2) bands. (Barchart)

Crops, Markets

U.S. grains: Prices slip as weather outlook favours corn planting

By GFM Network News, Tom Polansek May 8, 2019

Chicago | Reuters — U.S. grain and soybean futures slumped on Wednesday as forecasts for drier weather in the U.S. Midwest next week fueled hopes that farmers will be able to make progress planting corn after delays. Large inventories of the crops added pressure on the markets, which also remained nervous about trade tensions between

Crops, News

Weeds develop defences

Kochia gets hairy and lamb’s quarters get waxy under harsh conditions

By Allan Dawson May 8, 2019

Kochia was emerging in Manitoba fields last week and most of it is presumed resistant to Group 2 herbicides, says Manitoba Agriculture weed specialist Tammy Jones. Many could also be glyphosate tolerant, but it’s hard to know to what extent, she said in an interview April 24. “I know that it is distributed fairly thoroughly

News, Oilseeds

China shows little interest in buying Canadian soybeans

Because of American trade policy Canadian soybeans are even more dependent on China

By Allan Dawson May 8, 2019

First it was canola and now it’s soybeans. China, Canada’s biggest soybean customer, has all but stopped buying Canadian soybeans, Ron Davidson, executive director of Soy Canada said in an interview May 6. “Traders have been saying China just has no interest in buying (from Canada),” Davidson said. “What I got from the traders is

Crops

U.S. to levy tariff on imported Mexican tomatoes in trade spat

By GFM Network News May 7, 2019

Washington | Reuters — The U.S. Commerce Department said on Tuesday it will begin imposing a 17.5 per cent tariff on imported Mexican tomatoes, but said it is optimistic that a deal can be reached to extend a 2013 agreement that suspended a U.S. anti-dumping investigation. “The Department of Commerce remains committed to ensuring that

Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Crops, Markets

Report shows record-large canola stocks at end of March

By GFM Network News, Phil Franz-Warkentin May 7, 2019

MarketsFarm — Canada’s canola supplies of just over 10 million tonnes as of March 31 marked a new record for the date, according to Tuesday’s stocks of principal field crops report from Statistics Canada. The government agency pegged canola supplies in the country at the end of March at 10.019 million tonnes, up by 10.5

A hemp plant in Alberta. (Jennifer Blair photo)

Crops, Markets

Hemp acres expected to double due to crop versatility

By GFM Network News May 7, 2019

MarketsFarm — Canada’s hemp acres are set to double in 2019, according to the most recent principal field crop acreage report from Statistics Canada. The hemp industry is experiencing somewhat of a boom as hemp products of all stripes enter mainstream consumer markets. “Health Canada is running at least double the number of hemp license

CBOT July 2019 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Crops, Markets

U.S. grains: Soy futures stabilize, eyeing China trade talks

By GFM Network News, Tom Polansek May 7, 2019

Chicago | Reuters — U.S. soybean futures crept higher on Tuesday as traders breathed a sigh of relief over confirmation that a top Chinese negotiator will visit the United States for trade talks this week. Corn and wheat futures also strengthened at the Chicago Board of Trade (CBOT). Traders are monitoring any news on trade

Canada Malting’s processing plant in Montreal. (CanadaMalting.com)

Crops

Suitor quits bid for Australia’s GrainCorp

By GFM Network News, Reuters May 7, 2019

Sydney | Reuters — Australia’s largest-listed grain handler, GrainCorp Ltd., said that suitor Long-Term Asset Partners (LTAP) has withdrawn its A$2.4 billion (C$2.26 billion) takeover bid after due diligence, pushing shares to five-month lows. GrainCorp stock dropped 11 per cent at the open of trade on Tuesday to hit close to where it stood preceding

Daily Network News

How farmers can manage stress, anxiety during spring seeding

Chinese pig farmers test fermented feeds as Beijing weans sector off U.S. soy

Deere settles U.S. right-to-repair lawsuit with $99 million fund, repair commitments

Crops

ICE weekly outlook: Little for canola bids to stand on

CBOT weekly outlook: U.S./China deal awaited

U.S. grains: Prices slip as weather outlook favours corn planting

Weeds develop defences

China shows little interest in buying Canadian soybeans

U.S. to levy tariff on imported Mexican tomatoes in trade spat

Report shows record-large canola stocks at end of March

Hemp acres expected to double due to crop versatility

U.S. grains: Soy futures stabilize, eyeing China trade talks

Suitor quits bid for Australia’s GrainCorp

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