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Crops, Markets, Weather

Repeat of record Australian wheat, canola crops unlikely

ABARES expects 2023-24 crop down on year

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MarketsFarm — After growing record-large wheat and canola crops in 2022-23, Australia is expected to see a significant drop in production in 2023-24 as developing El Nino weather patterns will likely cut rainfall through the growing season, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
Field peas. (Lisa Guenther photo)
Crops, Markets, Pulses, Weather

Pulse weekly outlook: Manitoba crops get good start but need rain

Some bean growers seek moisture at lower planting depths

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MarketsFarm — Pulse growers in Manitoba are waiting for one thing: rain. So far in May, growing areas of the province have not seen any significant precipitation, according to Dennis Lange, industry development specialist for pulse crops with Manitoba Agriculture. Dry beans, he said, are the last pulse crop farmers have been planting in Manitoba
(Dave Bedard photo)
Crop Report, Crops

Spring planting expected complete by week’s end

Manitoba Crop Report, Issue 3 (Week 22)

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Precipitation was variable across agro–Manitoba from May 22 to 28 with values ranging from 0 to 41.7 mm. The Northwest and Southwest regions received the highest amounts of precipitation over the past seven days. Climate normals for total accumulated precipitation from May 1 to May 28 range from 31.6 to 58.3 mm and are based
FIle photo of a welcome sign at North Dakota’s southern state line. (Solange_Z/E+/Getty Images)
Crops, Markets

CBOT weekly outlook: North Dakota corn growers switch to soy, sunflower

'Tough day in the markets' as Black Sea deal extended

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MarketsFarm — Faced with a late start due to wet conditions, North Dakota farmers are changing their spring planting plans. They’re switching from corn to crops such as soybeans and sunflowers, according to analyst Tom Lilja of Progressive Ag in Fargo. “Guys just started rolling here on [May 14 and 15] fairly heavy. There was
CBOT July 2023 soft red winter wheat with Bollinger bands (20,2), Minneapolis July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Chicago wheat up on Black Sea deal doubts

Cancelled China sales weigh on corn prices

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Mexico City | Reuters — Chicago wheat hit a one-week high and closed up on Thursday as markets cautiously eye developments on the Black Sea grains corridor following a wave of fresh tensions between Russia and Ukraine. Corn clawed back some ground lost early in the day to close nearly flat after news of cancelled
File photo of a canola field in northern France’s Normandy region. (Brasil2/iStock/Getty Images)
Crops, Markets, Weather

Rapeseed production expected down in EU

USDA attache sees more soy, sunflower

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MarketsFarm — Rapeseed production in the European Union (EU) is expected to see a small decrease in the 2023-24 marketing year, according to the U.S. Department of Agriculture’s (USDA) European Union attaché in Vienna. In a Global Agricultural Information Network (GAIN) report released Wednesday, the EU’s 2023-24 rapeseed crop is expected to total 19.3 million
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Pulses, Weather

Pulse weekly outlook: Seeding to start in Manitoba, Saskatchewan

Saskatchewan lentils expected to lose acres to wheat, canola

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MarketsFarm — With the calendar turning to May and temperatures expected to surpass 20 C this week, pulse seedings are set to begin for parts of Manitoba and Saskatchewan. “Right now, we’re still in a bit of a holding pattern,” said Manitoba provincial pulse specialist Dennis Lange. “We haven’t really had much for drying. Now
ICE July 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: StatCan’s canola area estimate questioned

Traders predict significant increase ahead

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MarketsFarm — Statistics Canada on Wednesday released its first survey-based seeding intentions report for the 2023-24 marketing year, reporting an anticipated 0.9 per cent rise in canola acres, to 21.6 million. The figure occupied the lower end of trade expectations, but StatCan recently adopted a new methodology of conducting the survey last December and January,
File photo of a barley seedling. (SusanHSmith/iStock/Getty Images)
Cereals, Crops, Markets

Feed weekly outlook: Grain area to increase this year

Oats area expected to be reduced

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MarketsFarm — Early signs point to increased Canadian feed grain production in 2023-24, with record corn acreage intentions and increases in both barley and wheat area on the year, according to the latest estimates from Statistics Canada. Planted corn area in the country is forecast at 3.725 million acres in 2023, which would be up

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