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Canola production on the Prairies takes a weather hit
Grain Markets, Oilseeds

Canola production on the Prairies takes a weather hit

But that effect on production may have already been digested by the market

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Poor harvest weather definitely cut into the size and quality of this year’s Canadian canola crop, with a large percentage still in the fields heading into the end of October. However, that supportive supply-side story may be factored into the futures for the time being, with the market now in need of some fresh demand
Photo: iStock
Crops, Markets

ICE weekly outlook: Canola bids return to being range-bound

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MarketsFarm – Until the New Year expect canola bids to remain range-bound much like it was during the summer, according to one Winnipeg-based analyst. “Canola going C$10 lower isn’t out of the question,” commented David Derwin, commodity portfolio manager with PI Financial. Below normal temperatures on the Prairies coupled with rain and snow have provided
Crop Report, News, Weather

Losses expected for unharvested cereal crops, flax

Manitoba Crop Report and Crop Weather report for October 29

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Southwest Region No rain or snow fell this week, allowing farmers a chance to continue harvest in the Southwest region. Wet conditions in the southeastern districts and the north of PTH 45 continue to hamper harvest. Many farmers have harvested the bulk of their acres at this point, when compared to two weeks ago. Overall,
File photo of wheat under snow. (Ssvyat/iStock/Getty Images)
Crops

Some Saskatchewan crops may stay on fields over winter

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A harvest season bereft of good weather will result in some crops staying in the field until springtime. The exact percentage of unharvested crops, however, remains uncertain. “Some of the heaviest snowfall has fallen in the regions where most of the crop was left out,” commented Todd Lewis, president of Agricultural Producers Association of Saskatchewan.
Standing soybeans under a blanket of snow following an early snowfall.
Crops, News

Manitoba farmers look for good weather to resume harvest

A wet turn after a dry summer has many farmers wondering if they’ll get the crop off

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Beleaguered Manitoba farmers struggling to wrap up harvest are hoping for more good weather, and maybe a hard frost so machinery can travel on muddy fields. A major snowstorm Thanksgiving weekend just made fields, already soaked by above-average fall rain, wetter. As of Oct. 15, 26 per cent of Manitoba’s crop — 2.6 million acres
Photo: File
Crops

Saskatchewan farmers make good harvest progress

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MarketsFarm – Farmers throughout Saskatchewan made good progress in their harvesting over the last week, according to the province’s latest weekly crop report. With little precipitation during the week ended Oct. 21, the harvest rose from 69 to 83 per cent complete province-wide. However, it’s still 10 points behind the average pace. Also, the report
ICE January 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Rangebound canola vulnerable to losses

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MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday and may have more room to the downside, despite persistent harvest delays across Western Canada. “Overall, we’re still rangebound, but we’re going to the lower part of the trading window,” said analyst Errol Anderson of Pro Market Communications in Calgary. “Canola is
(Medioimages/Photodisc/Getty Images)
Crops, Markets

CBOT weekly outlook: Harvest activity drops commodities

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MarketsFarm — Commodities on the Chicago Board of Trade were mostly lower Wednesday amid a slower news week and harvest activity putting pressure on prices. “We’ve had a quieter week,” said Steve Georgy of Allendale Inc. at McHenry, Ill. “The market starts to fall of its own weight as we’re in harvest season.” Harvest activity,
CBOT December 2019 corn with 20-, 50- and 200-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Harvest pace drags on corn, soybeans

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Chicago | Reuters — U.S. soybean futures ended flat on Wednesday as optimism that China would significantly increase U.S. export purchases after offering to waive tariffs was overshadowed by a lack of confirmed buying and an accelerating U.S. harvest. Corn was also flat on harvest pressure and limited demand, while wheat firmed in a modest

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