Slow start to U.S. corn planting may lead to tug of war with soy

Slow start to U.S. corn planting may lead to tug of war with soy

Although technology allows farmers to plant faster than ever before, weather can still hinder progress

U.S. farmers are off to a slow start on corn plantings and even though it is still very early in the 2017 season, the numbers may already imply that total corn acres could be less than the 89.996 million that the market currently expects. The U.S. Department of Agriculture placed corn-planting progress at six per


StatsCan canola and soybean estimates surprise traders

StatsCan canola and soybean estimates surprise traders

Abundant U.S. and world supplies continue to depress the wheat market

ICE Futures Canada canola strengthened on the week, as wet weather in Western Canada continues to put last year’s harvest on hiatus. Fresh data from Statistics Canada painted a picture of this summer’s seeding, adding an element of spreading into the market. In the week ending Friday, April 21, canola gained more than C$20 per

Photo: File

China to work off corn stockpile in three to five years

Beijing/Reuters – China will work off its corn stockpile in the next three to five years, said an executive at one of the country’s top corn processing firms on Wednesday, as firms ramp up processing capacity to use up the old stocks of grain. COFCO Biochemical, a listed subsidiary of the state-owned Chinese grains trader


Soybean Field

U.S. soy acreage forecast at all-time high despite plentiful stocks

USDA spring report calls for bigger bean planting and falling corn acres

U.S. farmers plan to seed a record amount of soybean acreage this spring, even with supplies trending near all-time highs, the government said March 31. Growers will dial back their corn seedings this spring despite signs of firm demand as record stocks have cast a bearish tone over the futures and cash markets this year,




(Regis Lefebure photo courtesy ARS/USDA)

Canadian hog prices to rise by summer

CNS Canada — Cheap prices for feed and a softer Canadian dollar have helped keep Canadian hog prices aloft so far in 2017. “Right now producers are looking at $180 to $184 a pig,” said Andrew Dickson, general manger of Manitoba Pork. “Prices are looking pretty good for June, July, August.” By July, he said,


Market analyst Mike Krueger says he’s not expecting global bumper crops again this year.

Crop production could take hit in 2017

Dry and cold weather in Europe and flooding in Latin America are setting the stage for trouble

Don’t expect a fifth consecutive year of record world crops in 2017. That’s according to The Money Farm’s Mike Krueger, who adds that world demand has been keeping pace with massive production. “High prices didn’t kill demand at all, but high prices did bring us a lot more acres,” he said at the recent CropConnect

Mack Waldner of Baker Colony (centre) accepting the award for the 2016 Manitoba Corn Growers Association’s corn yield contest on Feb. 15. Presenting the award is MCGA vice-president Leonard Wiebe (l) and association president Myron Krahn (r).

Baker Colony enters ranks of five-time corn yield competition winners

Its winning yield of 274.69 bushels an acre also broke the previous record set in 2013

Baker Colony, located near MacGregor, Man., has joined an elite group of five-time winners of the Manitoba Corn Growers Association’s yield competition. The win is their second in a row and sets a new record — breaking their own set during a previous win. In the 45-year history of the competition there are only two