CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn higher on wet weather forecast

Chicago | Reuters — U.S. corn futures rose about one per cent on Friday as wet weather forecast for the Midwest crop belt prompted short-covering, analysts said, while soybeans fell to multi-month lows. Wheat futures firmed slightly but still recorded a weekly decline as ample global supplies anchored the market. Chicago Board of Trade July



(Dave Bedard photo)

StatsCan confirms smaller canola acres, more wheat

MarketsFarm — Canadian farmers intend to seed more spring wheat and less canola in 2019, according to Statistics Canada survey results released Wednesday. Additional shifts are also likely in subsequent reports, as dry conditions in southern Alberta and Saskatchewan may alter some intentions. Statistics Canada forecast canola area for 2019 at 21.3 million acres, which

File photo of a soybean crop south of Winnipeg. (Dougall_Photography/iStock/Getty Images)

Soybean acreage remains a question mark for 2019

MarketsFarm — Experts expect soybean acreage to decrease across Canada this year, though the jury is still out as to how much it will drop. In its principal crop acreage report published March 21, Agriculture and Agri-Food Canada predicted that area planted to soybeans would decrease by three per cent across the country based on


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Mustard area remains a question mark for 2019

MarketsFarm –– As the world’s largest producer of mustard seed, Canada exported 112,000 tonnes in 2017-18 — and the jury is out on whether mustard acreage will rise, fall or hold this spring. Agriculture and Agri-Food Canada’s outlook for principal field crops, published Thursday, called for mustard acreage to remain the same as in previous

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China’s battle against Canadian canola looms over soy

MarketsFarm — As headlines are transfixed with China’s ongoing dispute with Canada, some are concerned soybeans will receive the same treatment as canola. “We’ll still use quite a few soybeans in this country as it is,” said Dale McManus, a grain broker with Johnston’s Grain at Welwyn, Sask. However, he clarified, “everything you’re watching about