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USDA sees more soy and wheat plantings, less corn for 2021-22

Chicago | Reuters — U.S. farmers are likely to expand plantings of soybeans and wheat while slightly reducing plantings of corn for the upcoming marketing year, the U.S. Agriculture Department said on Friday. USDA forecast that farmers will seed 90 million acres of corn in the 2021-22 crop year, down from 91.0 million for 2020-21.

Pinto beans. (Vergani_Fotografia/iStock/Getty Images)

Pulse weekly outlook: Manitoba’s edible beans come off in good shape

MarketsFarm — Manitoba’s edible bean harvest wrapped up in much easier fashion in 2020 compared to the snow delays of the previous year, with relatively good quality and yields, according to early indications. “When you don’t get a major snowstorm on Thanksgiving weekend, it makes a difference,” said Manitoba Agriculture pulse specialist Dennis Lange, noting


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Low acreage buoys mustard seed prices

MarketsFarm — Spot prices for mustard seed on the Prairies have trended higher, due to consecutive years of low seeded acreage. In 2020, about 256,500 acres of mustard seed were planted, down about 36 per cent from the previous year. Walter Dyck, seed division manager for Olds Products, mentioned it’s the second time in 20



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Pulse weekly outlook: Fababeans staying on field

MarketsFarm — As other crops make their way into the bin, fababeans across the Prairies are lagging behind. “They’re further behind this year because they were later going in,” said Dale McManus, a broker with Johnston Grains at Welwyn, Sask. Saskatchewan grows over half of Canada’s fababeans, and most are grown around the Yorkton area,

File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Pulse weekly outlook: Large Canadian crops expected

MarketsFarm — Canada will have grown a record-large pea crop in 2020 and possibly the second-largest lentil crop ever, according to preliminary estimates from Statistics Canada, released Monday. Using satellite imagery and model-based yield estimates, the government agency pegged the 2020-21 Canadian field pea crop at 4.996 million tonnes. That would be a new record


A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)

StatsCan predicts more corn, less soy in 2020 harvest

Fewer acres but higher yields predicted

Statistics Canada’s latest round of expectations for the 2020 harvest calls for more corn and less soy than in 2019, with higher yields offsetting lower planted acres for both crops. In its Production of principal field crops report, using information from July — based on models created using satellite technology — StatsCan on Monday called




CBOT December 2020 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn eases on profit-taking

Traders question USDA numbers, raising uncertainty

Chicago | Reuters — Chicago corn inched slightly lower on Friday, as traders questioned federal acreage data and assessed the extent of storm damage in the U.S. Midwest. Prices slipped early in the day, after a rally in the previous session pushed corn futures to a four-week high. Soybeans also fell after jumping to a