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A wet fall in 2019 left Manitoba producers with a lot of challenges to overcome this spring.
Crops, News

Ideal fall makes up for late start

With much of the harvest in the bin, Manitoba producers are mildly disappointed with a just-average crop

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This season might be going out like a lamb, with near-optimal harvest conditions, but that doesn’t mean Manitoba grain growers haven’t grappled with their fair share of challenges. It all started a year ago, with the wet fall of 2019 postponing field work and applications until this spring, and causing many issues that required untangling
ICE November 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola firm at midweek

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MarketsFarm — ICE Futures canola contracts have steadied after slipping slightly following Canada’s Thanksgiving long weekend, with nearby attention on speculations rolling positions out of the front month. The nearby November contract closed Wednesday at $526.10 per tonne, gaining slightly after incurring losses the day prior. Market participants adjusting positions ahead of the November contract’s
CBOT November 2020 soybeans with 20-, 100- and 200-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans up on Chinese buying, Brazil weather

Chicago corn, wheat end higher after mixed day

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Chicago | Reuters — Chicago soybean futures climbed on Wednesday, supported by renewed exports and dryness in top exporter Brazil, traders said. Corn and wheat futures ended higher after trading both sides of even as markets digested conflicting indicators. The most active soybean contract on the Chicago Board of Trade gained 12-1/4 cents to $10.56-1/4
CBOT December 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Dry weather pushes CBOT wheat, soy to multi-year peaks

Chicago corn also rallies

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Chicago | Reuters — U.S. wheat and soybean futures jumped to multi-year highs on Tuesday, supported by concerns about dry weather in key production areas, traders said. Corn futures hit their highest level in 8-1/2 months, joining in the rally as the U.S. harvest pace fell below expectations despite ideal weather for field work. But
Crop Report, Crops, News

Manitoba harvest progress at 88 per cent, soybeans see rapid progress

Manitoba Crop Report and Crop Weather report for October 6

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Southwest Region Sunny and dry weather dominated last week in the Southwest region, with one or two cloudy and windy days. Many producers have finished their harvest and doing some fall fertilizer application and other fieldwork. Some districts have inadequate topsoil moisture, which is making tillage challenging, as well as for fall anhydrous ammonia applications.
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: USDA report bullish for corn, soy

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MarketsFarm — Wednesday’s report from the U.S. Department of Agriculture (USDA) was a bullish influence for commodities on the Chicago Board of Trade (CBOT). USDA’s quarterly stocks report showed corn and soybean stocks were significantly lower than expected, totalling 1.995 billion bushels and 523 million bushels respectively. Corn stocks came in about 250 million bushels
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soy, wheat futures surge on lower-than-expected stocks

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Chicago | Reuters — Chicago Board of Trade grain and soybean futures soared on Wednesday after the U.S. Department of Agriculture surprised traders by reporting crop inventories that were smaller than expected. Supply levels have declined after China, the world’s top soybean importer, stepped up its purchases of U.S. farm goods this summer. Corn supplies
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soy ease as harvest advances

USDA quarterly stocks data awaited

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Chicago | Reuters — U.S. corn and soybean futures closed lower on Tuesday on expectations of rapid harvest progress this week and a slowdown in demand from China, a big buyer of U.S. soybeans and corn, in recent weeks, analysts said. Wheat futures also fell but declines in all three commodities were muted as traders

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