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ICE canola weekly outlook: Prices trending down ahead of harvest
Crops, Markets

ICE canola weekly outlook: Prices trending down ahead of harvest

Harvest pressure may not be that large this year says analyst

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 MarketsFarm – ICE Futures canola contracts lost ground during the week ended Aug. 2, as spillover from outside markets and easing concerns over the state of the crop ahead of the harvest weighed on values. Excessive heat during the flowering period in June and July caused canola prices to climb higher, but the market is
Photo: Reuters/Valentyn Ogirenko/File
Cereals, Crops, Pulses

Saskatchewan crops a mixed bag 

Some cereal crops beyond harvesting with plans to salvage for feed

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Marketsfarm – There was a wide mixture of the results in the latest crop report from Saskatchewan Agriculture. Parts of the province were hobbled by drought conditions, while other areas received upwards to 40 millimetres of rain following a series of thunderstorms during the week of July 18 to 26.  The desiccation of pulse crops
Trevor Scherman and Megan Madden hold the sign displayed in front of their ScherGain booth at Ag in Motion on July 20, 2023. Photo: Braedyn Wozniak
Crops

At Ag in Motion: Combine settings app makes the world your neighbour

'Oh, have you tried this concave?'

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Trevor Scherman and partner Megan Madden are making it easy for farmers to connect during harvest time to get the best settings for their combines. It’s an idea that Scherman says arose from the same philosophy as the ScherGain Solutions System he previously co-founded with his father. That system involves the use of a drop
Originally a tow-behind unit that attached to the back of the combine, the newer iteration of the Harrington Seed Destructor is a mill that can be integrated with the combine. (Photo: deBruin Engineering Pty Ltd.)
Crops

At Ag in Motion: Harvest weed control still in the mix

'You’re not going to spray your way out of this'

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It’s a relatively new solution to the age-old problem of trying to get rid of weeds without broadcasting the seed or using increasingly less effective herbicides — mechanical separation and pulverization of weed seed. Harvest weed seed control might not be a golden bullet to tackle glyphosate-, fluroxypyr- and dicamba-resistant weeds, but according to Agriculture
CBOT September 2023 soft red winter wheat with 20-day moving average, MGEX September 2023 hard red spring wheat (yellow line) and K.C. September 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat surges on slow harvesting, poor crop conditions

Corn hits 2-1/2-year low and ends mixed, soy mostly firm

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Chicago | Reuters — U.S. wheat futures surged on Wednesday as slow winter wheat harvesting and deteriorating spring crop conditions fuelled buying and short covering that lifted prices from 2-1/2-week lows. The wheat rally pulled corn up from 2-1/2-year lows despite expanded plantings and recent rains that lessened concerns about drought-reduced yields. Soybeans firmed on
File photo of a canola field in northern France’s Normandy region. (Brasil2/iStock/Getty Images)
Crops, Markets, Weather

Rapeseed production expected down in EU

USDA attache sees more soy, sunflower

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MarketsFarm — Rapeseed production in the European Union (EU) is expected to see a small decrease in the 2023-24 marketing year, according to the U.S. Department of Agriculture’s (USDA) European Union attaché in Vienna. In a Global Agricultural Information Network (GAIN) report released Wednesday, the EU’s 2023-24 rapeseed crop is expected to total 19.3 million
File photo of a rapeseed field in India. (Amlanmathur/iStock/Getty Images)
Crops, Weather

India’s rapeseed output to be steady

El Nino may be a spoiler

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MarketsFarm — Rapeseed production in India has been forecast to remain quite consistent, according to the U.S. Department of Agriculture (USDA) attaché in New Delhi. The attaché projected rapeseed production for 2023-24 to hold at 11.5 million tonnes, the same in 2022-23. USDA’s official numbers placed India as the world’s No. 4 producer of rapeseed,
File photo of soybeans being loaded for transport in Argentina. (Wirestock/iStock/Getty Images)
Crops, Weather

Argentina soybeans expected to go from horrible to great

El Nino expected to improve growing conditions

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MarketsFarm — While Argentina is headed to one of its worst soybean harvests in decades, the U.S. Department of Agriculture (USDA) attaché in Buenos Aires projects a huge turnaround in 2023-24. Argentina is the world’s third-largest grower of soybeans — a fair amount less than Brazil and the U.S., but a lot more than other
File photo of a soybean field in Argentina. (Federico Weyland/iStock/Getty Images)
Crops, Markets, Weather

Vast tracts of drought-hit Argentine soy fields seen going unharvested

Yet more cuts to production possible

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Buenos Aires | Reuters — Argentina’s Buenos Aires grains exchange on Thursday said farmers would likely leave large tracts of soy fields unharvested due to damage from a historic drought, which could lead to more cuts to its 25 million-tonne production forecast. Argentina is the world’s top exporter of soybean oil and meal, but its
A combine harvests wheat in a field near the village of Zghurivka, amid Russia’s attack on Ukraine, in Kyiv region on Aug. 9, 2022.
Global markets, News

War pushes grain supplies into danger territory

ANALYSIS | Patchwork fixes to Ukraine grain shortfall leave world vulnerable a year into war

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A patchwork of fixes and increased crop plantings around the world to counter the impact of war in Ukraine on global grain supplies are not enough to ward off further risks of disruption. Extensive damage to Ukraine’s farm sector and uncertainty that the United Nations’ grain export corridor deal will be renewed this month suggest

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