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The Canadian Light Source facility at the University of Saskatchewan.
News

Planting seeds of lower frost risk in corn

New research could help breed frost-resistant corn

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New research at the University of Saskatchewan aims to help breeders bolster corn’s resistance to environmental stressors. Corn, along with other warm-season crops, has been creeping its way into new regions of Canada previously thought unsuitable for the crop. That, according to researchers at the university, is the silver lining of climate change. At the
Photo: Thinkstock
Crops, Markets

CBOT weekly outlook: Ending stocks of corn, soy predicted to rise

Ending stocks of wheat projected to drop as drought hits Kansas winter wheat

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MarketsFarm — Ahead of supply and demand estimates from the U.S. Department of Agriculture due out Friday, analyst Tom Lilja of Progressive Ag in Fargo, N.D. predicted increases in 2023-24 ending stocks for U.S. corn and soybeans and decline for wheat. The average trade guess for wheat going into this month’s report was approximately 570
CBOT July 2023 soft red winter wheat with 20-day moving average (green line, right column) and MGEX and K.C. July 2023 wheats (yellow and orange lines, left column). (Barchart)
Crops, Markets

U.S. grains: Wheat futures snap winning streak

Corn weak, soybeans mixed

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Chicago | Reuters — U.S. wheat futures fell on Wednesday, with the most-active Chicago Board of Trade soft red winter wheat contract snapping a five-session rally that had pushed prices to their highest in nearly three weeks, traders said. But concerns about export demand for U.S. supplies pulled wheat prices lower, with high-protein offerings notching
Figure 1: Seeding Progression in 2023 Compared to Previous Years.
Crop Report, Crops, Weather

Seeding in Manitoba nearly complete, hot weather sees heat stress in livestock

Manitoba Crop Report: Issue 4 (week 23)

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Weekly provincial summary  Precipitation was variable across agro–Manitoba from May 29 to June 4 with values ranging from 0 to 57.1 mm. Isolated storms brought significant rainfall to areas in the Eastern region, parts of the Interlake, and parts of the Northwest. Teulon (57.1 mm) received the most precipitation in the past seven days. Climate
(Dave Bedard photo)
Crops, Markets

Fund traders add to bearish bets in canola

Funds also net short in MGEX and CBOT wheat, corn

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MarketsFarm — Speculative fund traders added to their net short position in canola during the week ended May 30, putting on more bearish bets while also liquidating some previous longs, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of May 30, the net managed money short
CBOT July corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soybean futures sag on demand woes

U.S. wheat futures firm

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Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Monday, retreating from gains made during the overnight trading session on signs that already light export demand for U.S. supplies had weakened further, traders said. Wheat futures were firm, with the biggest gains being notched by K.C. hard red winter wheat
Crop production records are a double-edged sword as they will lead to larger, price-flattening carryovers.
Comment, Op/Ed

Comment: Colossal crops, measly prices and little backslapping

The latest WASDE report has some good news that isn’t that good

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The U.S. Department of Agriculture’s most recent World Agricultural Supply and Demand Estimates report confirmed that a freight train of grain is barreling toward 2023-24 markets, and farmers everywhere need to prepare for the rockier prices sure to follow. The report was succinctly summarized by DTN market analysts shortly after its release May 12: “USDA
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Crops, Markets

U.S. escalates dispute with Mexico over GM corn

Canada 'considering next steps'

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Mexico City | Reuters — The U.S. is escalating its conflict with Mexico over agriculture biotech measures, including the stance on genetically modified (GM) corn, by requesting dispute settlement consultations, senior officials of the U.S. Trade Representative’s office said on Friday. The North American neighbours are inching closer to a full-blown trade dispute under the

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