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CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow line) and K.C. December 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

CBOT weekly outlook: Corn, wheat lower; soybeans move up

Corn, wheat already face harvest price pressure

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MarketsFarm — Corn and wheat futures on the Chicago Board of Trade (CBOT) were on the decline during the week ended Wednesday, but those for soybeans were going in the opposite direction until hitting resistance. The December corn contract ended the week 9.75 cents per bushel lower at $4.8075 per bushel (all figures US$). The
Bt-resistant European corn borer on a corn plant in Nova Scotia in 2018.
News

Bt-resistant corn borer concern grows

Critical tools for controlling corn borer could be lost

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Glacier FarmMedia – Bt-resistant populations of European corn borer pose a significant risk to Canadian crop producers. With multiple resistance uncovered, it’s possible Bt-based control technologies will cease to work for the problem pest. Older and more environmentally costly methods of pest control – including repeated in-season insecticide applications – might make a comeback as a result.
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans dip after data shows crop less damaged than feared

Ukrainian farmers not expected to cut winter wheat area

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Chicago | Reuters — Chicago soybean and corn prices retreated on Tuesday following U.S. government data showing a smaller-than-expected decline in crop conditions than what many analysts had expected. Wheat hit a two-week low as sluggish demand for U.S. supplies and competition from cheap Russian grain limited the upside in prices. The most active soybean
(File photo by Dave Bedard)
Crops, Markets

Canada to harvest less wheat than expected due to drought

Canola, barley, oats output also projected lower

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Winnipeg | Reuters — Canadian farmers will harvest less wheat than expected after dry conditions in parts of the Prairie provinces shrunk yields, a government report showed on Tuesday. Drought is expected to send global wheat stockpiles for major exporters to the lowest levels in more than a decade, a Reuters analysis has shown. Canada
Harvest watch continues
Grain Markets, Markets

Harvest watch continues

Expert’s Radar: After an extremely variable growing season, nobody’s quite sure where production will be

By
Harvest is ongoing just about everywhere — the three oak trees on my front yard grew a good crop of acorns this year, with the pitter-patter of falling acorns and chirping of squirrels becoming a near constant sound. The sheer number of squirrels scrambling to bring food for the winter is impressive to say the
CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Corn, soybeans climb as U.S. crop concerns grow

Crop tour forecasts crops below USDA estimates

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Chicago | Reuters — Chicago soybeans and corn climbed on Monday after a U.S. farm survey predicted smaller crop production than government forecasts due to hot, dry conditions across the U.S. Midwest. Wheat dipped on weak demand for U.S. crops, coupled with competition from cheap Russian supplies. Chicago Board of Trade most-active soybeans gained 18
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Crops, Markets

Canada says will join as third party in U.S.-Mexico corn dispute

Mexico's measures 'not scientifically supported,' ministers say

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Reuters — Canada said Friday it will participate as a third party in dispute settlement proceedings between the U.S. and Mexico regarding genetically modified (GM) corn in imported tortillas and dough, citing concerns about Mexico’s stance on the matter. The decision follows Washington’s request for a dispute settlement panel through the Canada-U.S.-Mexico Agreement (CUSMA), which
CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybeans climb on weather risk, export demand

Pro Farmer tour predicts corn, soy crops below USDA estimate

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Chicago | Reuters — Chicago soybeans climbed on Friday, bolstered by extreme heat and mixed results on the final day of a Midwest crop tour. Corn traded much of the day mixed, ending just under even as crop production remains robust, despite recent yield-eroding weather. Wheat fell as global supplies remain plentiful, though signs of
File photo of a small boat flying the Lebanese flag at a marina in Tripoli as a cargo vessel sails in the distance. (Joel Carillet/iStock/Getty Images)
Crops, Markets

Ukraine asks Lebanon to bar Syrian ship carrying ‘stolen’ corn

Corn taken from multiple storage units, Ukraine alleges

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Beirut | Reuters — Ukrainian officials on Thursday asked Lebanon to bar a Syrian state-owned cargo ship carrying allegedly stolen Ukrainian grain from docking in Lebanon’s Tripoli port, according to the Ukrainian embassy and a diplomatic note seen by Reuters. The Ukrainian mission said in comments to Reuters that the Finikia was transporting 6,000 metric
(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Barley, wheat prices now steady

U.S. corn imports keep lid on barley values

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MarketsFarm — Prices for feed barley and wheat didn’t change much for the most part during the week ended Thursday, according to Erin Harakal of Agfinity at Stony Plain, Alta. “This week it has been pretty steady compared to the end of last week,” Harakal said, noting barley prices dropped about $20 per tonne. “Just

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