(Alfio Manciagli/iStock/Getty Images)

Australian canola production heading downward, but still sizeable

New second-biggest harvest expected, USDA predicts

MarketsFarm — Despite canola production in Australia being set to drop 26 per cent in 2022-23, the country’s farmers are still projected to harvest the second largest crop, according to the U.S. Department of Agriculture’s attaché in Canberra. In the attaché’s report, released Monday, canola production for the coming crop year was projected to be

CBOT May 2022 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Ukrainian export woes support markets

U.S. winter wheat 30 per cent good-excellent

Chicago | Reuters — U.S. wheat, soybean and corn climbed on Monday, underpinned by disrupted supplies of Black Sea grains as the conflict in Ukraine continues, while attention shifts to U.S. production. Chicago Board of Trade most-active wheat ended 25-3/4 cents higher at $10.10-1/4 a bushel (all figures US$). Soybeans added 19-1/2 cents to $16.02-1/4


CBOT May 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy extends slide, corn mixed

CBOT wheat continues lower

Chicago | Reuters — U.S. soybean futures fell for a second session on Friday, with the spot May contract dropping below US$16 a bushel for the first time in a month after the U.S. Department of Agriculture forecast record soy acreage in that country. Corn futures ended mixed. The front May contract on the Chicago







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Ukraine sunseed area seen falling due to war

Lviv | Reuters — The area sown to sunflower in Ukraine is likely to fall to 4.81 million hectares (11.89 million acres) in 2022 from 6.66 million hectares in 2021 due to hostilities in many regions, the agriculture ministry said on Friday. Ukraine is the world’s largest sunflower seed grower and sunflower oil exporter. The



(Dave Bedard photo)

AAFC warns of uncertainty in latest crop outlook

MarketsFarm — The supply/demand balance sheets for Canada’s major crops were largely left unchanged in the latest outlook Friday from Agriculture and Agri-Food Canada. While the March report only saw minor revisions, the government agency cautioned that “the economic outlook, for the world and Canadian grain markets, is particularly uncertain due to the Russian invasion