File photo of barley being unloaded at a grain terminal in Ukraine on June 23, 2022. (Photo: Reuters/Igor Tkachenko)

Ukraine’s farm output could take 20 years to recover, study suggests

Some crop sectors may recover more quickly

Kyiv | Reuters — Ukraine’s agricultural sector could take 20 years or more in parts to recover from the ravages of Russia’s full-scale invasion, according to a Kyiv-based research centre. Ukraine is a major global grower and exporter of wheat, corn, sunflower and sunflower oil, but its production has fallen sharply since the war start



Table 1. Range of measurements of seven-day accumulated precipitation in Manitoba’s agricultural regions.

Storms force re-seeding in some areas, pea crops see good emergence

Manitoba Crop Report: Issue 5 (week 24)

Weekly provincial summary Precipitation was variable across agro–Manitoba from June 5 to 11 with values ranging from 0 to 82.7 mm (see Table 1 at top). Isolated storms brought significant rainfall to areas in the Northwest regions on June 7 and 8, especially near San Clara and Rivers. San Clara (82.7 mm) received the most

(File photo by Dave Bedard)

Fund short position grows in canola

Traders net long in soy, K.C. wheat

MarketsFarm — The speculative short position in canola grew to is largest level in nearly three months in early June, as investors covered longs and put on more bearish bets, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Tuesday (June 6), the net managed money


CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn climbs on dry conditions

Wheat follows corn higher, soybeans mixed

Chicago | Reuters — U.S. corn futures rose to a nearly two-month high on Monday as traders fretted about disappointing weekend rains and dry conditions stressing crops in portions of the Midwest crop belt, analysts said. Wheat futures followed, finding additional support from rising tensions in the Black Sea region. Soybean futures settled mixed, with

Oilseed crushing and renewable diesel facilities questioned putting money into new developments.

Bigger-picture influences hover around weather market

A decision on U.S. biofuel blending mandates is pending

I was recently at the dentist to deal with a cracked tooth. After the drilling and filling was complete, the freezing took a few hours to wear off, which left me in a state of uncertainty. Will I ever eat or speak properly again? Was everything fixed? Will it still hurt to bite on that


(Qingwa/iStock/Getty Images)

USDA’s June WASDE report brings few notable changes

Canadian wheat harvest expectation unchanged

MarketsFarm — Very few major changes were made in the latest edition of the world agriculture supply and demand estimates (WASDE) published Friday by the U.S. Department of Agriculture. For the 2023-24 crop year, USDA pegged total domestic wheat production at 1.665 billion bushels, slightly higher than the 1.659 billion in the department’s May estimates.

CBOT July 2023 soybeans with 20-day moving average (dark green line, right scale) and CBOT July 2023 soybean oil (yellow line, left scale). (Barchart)

U.S. grains: Soybeans up as soyoil touches one-month high

Traders watch U.S. crop weather forecasts

Chicago | Reuters — Chicago Board of Trade soybean futures exceeded a three-week high on Friday as demand from end-users helped push soybean oil above a one-month peak, traders said. Spillover support from soyoil’s rally lifted soybeans while corn futures slumped, traders said. Soyoil has advanced more than 22 per cent since dropping on May


File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)

Canada gets in on U.S. trade challenge of Mexico’s GM corn ban

Canada to have third party role in CUSMA dispute consultations

A U.S. challenge under the Canada-U.S.-Mexico free trade agreement (CUSMA), against Mexico’s planned ban on genetically modified corn, will now also have Canada at the table. Rob Stewart, Canada’s deputy minister for international trade, wrote Friday to U.S. and Mexican trade officials, formally announcing Canada’s intent to take part in the CUSMA dispute settlement consultations

CBOT July 2023 soft red winter wheat (candlesticks, right scale) with MGEX July 2023 hard red spring wheat (yellow line, left scale) and K.C. July 2023 hard red winter wheat (orange line, left scale). (Barchart)

U.S. grains: Wheat futures rebound

Corn, soybeans close firm

Chicago | Reuters — U.S. wheat futures rose on Thursday, bouncing back from a sharp sell-off a day earlier on support from technical buying and concerns about supply disruptions stemming from the Russia-Ukraine war, traders said. Corn and soybeans also closed in positive territory, with old-crop contracts supported by expectations that supplies will remain tight