A soybean field north of St. Adolphe, Man. on Sept. 17, 2023. (Dave Bedard photo)

CBOT weekly outlook: Funds getting out of soybeans

Potential for U.S. government shutdown a concern

MarketsFarm — While corn and wheat prices on the Chicago Board of Trade (CBOT) stayed fairly steady during the week ended Wednesday, soybean prices steadily declined. The November soybean contract dropped 30 cents per bushel from one week ago to close Wednesday at $13.1975/bu. (all figures US$). During the same week, December corn only lost



CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn down on harvest pressure, demand woes

USDA crop reports show brisk harvest, little change to crop quality

New York | Reuters — U.S. corn futures on the Chicago Board of Trade (CBOT) hit their lowest levels in nearly three years on Monday as the Midwest harvest expanded, adding to fears of a supply glut at a time of weak export demand for U.S. supplies, traders said. The benchmark CBOT December corn settled


Potatoes can grow around foreign objects, causing a food safety risk.

Keep an eye out for field trash when harvesting potatoes

Potato producers asked to clear non-tuber objects prior to harvest

One of Manitoba’s major potato processors is asking producers to ensure their soil surface is clear before bringing in spuds this year. Scott Graham, J.R. Simplot’s raw agronomy manager, urged producers to watch for foreign objects in their fields and among potatoes. The issue of foreign objects arriving at the plant was brought up during

CBOT November 2023 soybeans with Bollinger bands (20,2). (Barchart)

U.S. grains: Soybeans down on positioning, crush pace

CBOT wheat ends up on week

Chicago | Reuters — U.S. soybean futures fell on Friday on technical selling and profit taking after two sessions of gains, and as a monthly crush report showed U.S. processors handled far fewer beans than expected in August. Corn futures followed soybeans lower, with both markets also pressured by improving crop conditions in Europe and


Photo: File

Feed weekly outlook: More demand for barley in Alberta

U.S. corn imports still expected to cap barley values

MarketsFarm — As Alberta’s harvest continued, yields and crop conditions have varied across the province, according to Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta. “There has been such a wide range across the map, it really depends on location,” she said. “We’ve seen some areas that are just below average of

Values for new-crop canola futures tend to continue lower as the crop comes in fresh off the fields.

Harvest puts canola in the red

Ultimately the condition of the crop could halt slide

Canola fields can be recognized simply by the seas of bright, day-glow yellow flowers atop green stalks before they are combined in late summer and early fall. But since Labour Day, ICE Futures canola has taken on a reddish hue. After trading rangebound during the final week of August, canola returned from the long weekend


Pink rot symptoms on full display.

Potato processor warns against pink rot as harvest gets underway

There are a number of strategies to avoid pathogen spread and potato spoilage in storage

One bad potato can spoil the batch, which is why processor J.R. Simplot is reminding producers to beware of pink rot as they begin harvest. “If you know there’s rot in there, tell your harvest operator, ‘when you come to that low spot, pick up the harvester, drive over, and don’t harvest those certain areas,’”

ICE November 2023 canola with 20- and 100-day moving averages. (Barchart)

ICE weekly outlook: Harvest pressure to weigh on canola

StatCan report not expected to cause much stir

MarketsFarm — The ICE Futures canola market posted gains for the first time in more than a week on Wednesday, but damage was done from a chart standpoint with mounting harvest pressure amid relatively favourable Prairie weather conditions likely to weigh on values over the next few weeks. “It’s that time of year,” said Jamie