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CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soybeans, wheat rally

'We absolutely need heavy rainfall in a lot of areas'

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Chicago | Reuters — Chicago Board of Trade soybean futures jumped 1.8 per cent on Thursday to their highest in 7-1/2 months, with forecasts for dry weather in the U.S. Midwest threatening to hinder the crop throughout its late stages of development, traders said. “We absolutely need heavy rainfall in a lot of areas,” said
CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soy futures rise on fresh China sale

CBOT wheat firm, corn eases

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Chicago | Reuters — U.S. soybean futures rose to their highest level in more than seven months on Wednesday with stepped-up demand from China and dry weather threatening to cut U.S. Midwest yields supporting prices for a third day in a row, traders said. Corn eased on technical selling and profit-taking after rising to a
CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans up with exports, corn up slightly on dry weather

Big expected Russian, Canadian crops weaken wheat

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Chicago | Reuters — Chicago soybean futures rose on Monday as a spate of new-crop soybean export sales eased concerns about forecasts of huge harvests across the U.S. Midwest. Corn futures were buoyed by dryness in top corn-producing states, as weekend rainfall missed drought-stricken parts of western Iowa. Meanwhile, wheat futures slipped on estimates for
Farmer Jeff McCole, 70, pauses in front of his family home destroyed by bushfire in Buchan, Victoria, Australia, Jan. 23, 2020.
News, Other, Weather

In fire-hit rural Australia, climate change debate burns deep

Per capita, Australia has one of the world’s highest carbon footprints

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Reuters – Returning from a morning feeding his sheep, Jeff McCole, a 70-year-old farmer, paused to take in the bittersweet scene – a few droplets of rain falling onto the remains of his fire-ravaged home. “Nothing like the sound of rain on a tin roof,” he said, as he scanned the residue of a lifetime of memories scattered
More tax deferral zones announced for ranchers
Livestock, Weather

More tax deferral zones announced for ranchers

Final list released for 2019 tax year

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More ranchers who were up against a dry 2019 may now be eligible to defer some income from their livestock sales for the income tax year. The federal government on Tuesday released the “final list” of designated regions where income tax deferral on sales of breeding livestock has been authorized for 2019. In a prescribed
Victoria Falls, on the Zambezi River on Zimbabwe’s northwestern border with Zambia. (CIA.gov)
Crops, Weather

Zimbabwe says grain stocks running out after drought

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Harare | Reuters — Zimbabwe has only 100,000 tonnes of grain in its strategic reserves, enough to last just over a month, as the southern African nation suffers the effects of a severe drought, according to the agriculture minister. More than half the country’s population faces food shortages after maize harvests halved last year. The
Manitoba producers are eligible for the Hay Disaster Benefit for a second year.
Livestock, News

Short feed triggers Hay Disaster Benefit for second year

Until last year, Manitoba had never triggered the Hay Disaster Benefit built into AgriInsurance

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Manitoba’s Hay Disaster Benefit has been activated for the second year in a row after forage once again fell short of expectations in 2019. Estimated payments are far in excess of last year. On Jan. 10, the provincial and federal governments said they expected payments to exceed $5 million for losses suffered in 2019, compared

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