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ICE November 2022 canola (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

ICE weekly outlook: Canola trending lower

November down below $800

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MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday and could be due for more weakness as seasonal harvest pressure picks up over the next few weeks. “That $800 level has been a very important price support point,” said David Derwin, commodities investment advisor with PI Financial in Winnipeg, pointing to
CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soybean futures fall 1.5 per cent

CBOT corn, wheat firm

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Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Tuesday as Argentina’s decision to offer farmers a better exchange rate for their crops threatened to raise export competition at a time when U.S. offerings typically dominate the market. “It just makes more product readily available short-term,” said Mark Schultz, chief analyst at
Photo: File
Crops, Markets

Feed weekly outlook: Grain prices start moving upward

New-crop barley already en route to feedlots

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MarketsFarm — Hot temperatures and a lack of precipitation in recent days are helping Alberta growers make significant progress, according to Lethbridge-based Market Place Commodities’ president Jim Beusekom. “In southern Alberta, (the harvest) is doing just fine,” he said. “We had some rain last week. Some (had) more, some less. Last week limited how much
A sunflower crop north of St. Adolphe, Man. on Sept. 19, 2021. (Dave Bedard photo)
Crops

Manitoba’s sunflower crop smaller, better

Global supply, demand outlooks remain uncertain

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MarketsFarm — If Canada’s 2022 sunflower seed harvest is to be the lowest in five years, you wouldn’t know it talking to producers of the crop. In its July satellite image-based principal field crops estimates released Monday, Statistics Canada projected sunflower seed production for the 2022-23 marketing year at 61,996 tonnes, 24.2 per cent lower
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Pulses

Pulse weekly outlook: StatCan shows big jump in pea, lentil production

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MarketsFarm –– The Canadian pulse harvest appears to be making a comeback after production struggled with a historic drought in Western Canada last year. Statistics Canada (StatCan) released its July satellite image-based principal field crop production estimates on Monday, projecting sharp increases in production for most of Canada’s crops, including pulses. Canada’s dry pea harvest
Attention to detail has helped a New Zealand farmer hit record wheat yields. photo: john greig
Cereals, News

Winter wheat yields defy cold winter and harsh spring

A great autumn to establish, followed by deep snow, resulted in a good crop

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Despite adverse conditions over winter and into spring, winter wheat has done surprisingly well this season, says one agrologist. In fall 2021, the early harvest led to early seeding, and the dry year resulted in leftover nutrients, so the crop was well fertilized. On top of that, it was an open fall, with no frost
File photo of a sunrise over an Alberta barley crop. (MNphotography/iStock/Getty Images)
Crops, Markets

Feed weekly outlook: Barley harvest begins in Alberta

Prices continue easing

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MarketsFarm — The barley harvest has already started in Alberta and prices continue to ease downward, according to one trader. “Around Lethbridge, they seem to have a good portion done,” said Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta. “Some areas in the north are starting, as well. The Edmonton area, Red
Photo: Saskatchewan Agriculture/File
Crops, Markets

Pulse weekly outlook: Alberta shaping up for better harvest 

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MarketsFarm – While some areas of Alberta continued to struggle with a lack of precipitation and higher temperatures, Alberta Pulse Growers (APG) executive director Leanne Fischbuch said pulse crops in the province are faring much better overall than in drought-stricken 2021. “Harvest is underway in many parts of the province already, thanks to the heat

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