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CBOT May 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Corn, soy sag on profit-taking after USDA data

Midwest's winter wheat entering key growth phase

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Chicago | Reuters — U.S. corn and soybean futures each fell about two per cent on Wednesday, a day after monthly U.S. Department of Agriculture (USDA) forecasts failed to offer fresh bullish news, freeing traders to book profits following recent multi-year highs, analysts said. Wheat futures also declined, following the trend, with beneficial moisture expected
(GZKele/iStock/Getty Images)
Crops, Markets

Sunflower seed market falls back to Earth

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MarketsFarm — Sunflower growers in Canada took off a bumper crop in 2020, almost hitting the 100,000-tonne mark for the first time since 2010. The forecast for this year’s crop isn’t as sunny. Agriculture and Agri-Food Canada’s latest outlook, released earlier this month, predicts the national sunflower seed crop in 2021 at 75,000 tonnes off
CBOT November 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans rise as USDA projects tight supplies into 2022

Wheat slumps on profit taking, nearby corn also slips

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Chicago | Reuters — U.S. soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) forecast domestic supplies of the oilseed would remain historically tight into 2022 despite its projection for a record-large harvest this autumn. Corn futures were mixed, with nearby contracts slipping from earlier highs on profit-taking ahead of the weekend,
Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Crops, Markets

Canada’s canola harvest smallest in five years

Wheat crop a bin-buster, StatsCan report finds

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Winnipeg | Reuters — Canadian farmers produced the smallest canola crop in five years, but the largest wheat output since 2013, Statistics Canada said in its final harvest estimate of the year. Canola production looked set to reach 18.7 million tonnes, down 4.5 per cent from last year and below trade expectations. It was a
Markets, News

EU maize harvest shows mixed yields work

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Maize harvesting is in full swing in Europe and the effects of summer drought are being seen in contrasting yields, which could push down production this year despite a sharp increase in plantings, analysts said. Forecasters have made steep cuts to their estimates of the European Union-wide maize harvest due to drought, and consultancy Strategie
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Corn declines on long liquidation

Soybeans lower, wheat rallies

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Chicago | Reuters — U.S. corn futures declined on Monday as funds scaled back long positions ahead of the U.S. presidential election, and forecasts called for optimal weather in the Midwest, where farmers are wrapping up the harvest of corn and soybeans, analysts said. Wheat futures turned higher, rallying on bargain-buying after a five-session slide.
Crop Report, Crops, News

Average crop yields and widespread insect issues seen in 2020

FINAL REPORT: Manitoba Agriculture Crop Report Summary for 2020

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Southwest Region A wet fall in 2019 meant unharvested crops from the previous year had to be dealt with this spring. A large number of canola swathes were left in the field, together with severely lodged flax. Much of the remaining flax was burnt. Starting weather conditions for seeding were optimum in the Southwest region
Pinto beans. (Vergani_Fotografia/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Manitoba’s edible beans come off in good shape

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MarketsFarm — Manitoba’s edible bean harvest wrapped up in much easier fashion in 2020 compared to the snow delays of the previous year, with relatively good quality and yields, according to early indications. “When you don’t get a major snowstorm on Thanksgiving weekend, it makes a difference,” said Manitoba Agriculture pulse specialist Dennis Lange, noting

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