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(Dave Bedard photo)
Crops, Markets

Analysts expect little change in new StatCan numbers

Weather was 'pretty conducive to plantings'

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MarketsFarm — Dry conditions in much of the Prairies this spring may leave seeding areas relatively unchanged ahead of Statistic Canada’s (StatCan) principal field crop report, due to be released Wednesday. It will be the second survey-based acreage report for the 2023-24 marketing year, after the first one was released in April. While growing conditions
Photo: File
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).
Rain needed for soybeans, other southern Manitoba crops
Crops, Weather

Rain needed for soybeans, other southern Manitoba crops

Seeded soybeans projected to be up more than 40 million acres from 2022

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MarketsFarm – When Toban Dyck started to plant his 600-plus acres of soybeans this year, the soil in the Winkler, Man. area had pretty decent moisture content. But following the combination of hot temperatures and strong winds with little rainfall in May, precipitation is now much needed.  “There’s still a little bit of moisture there.
(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
Warm temperatures are drying out fields in many areas of Western Canada allowing seeding efforts to kick off.
Markets

Lessons from a journey

Expert’s Radar: When embarking on an adventure — like growing a crop — taking things in stride is key

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People who embark on lengthy cross-country journeys have always intrigued and inspired me. It takes a certain kind of dedication. I had a poster of “Man in Motion” Rick Hansen on my wall as a child and Terry Fox is obviously a legendary hero to all of Canada, but there are countless folks every year
ICE July 2023 canola with 20- and 50-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola showing independent strength

Prairie weather uncertainty supportive

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MarketsFarm — ICE Futures’ canola market saw some independent strength relative to other oilseeds during the week ended Wednesday, as speculative positioning and the need to ration tight old-crop supplies provided support. Canadian canola stocks as of March 31 were pegged at 5.95 million tonnes by Statistics Canada in a report released Tuesday. That was
(Dave Bedard photo)
Crops, Markets

Canada’s expected flax area smallest since 1950

Other commodity prices outperforming flax

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MarketsFarm — Blue flowery fields of flax will be fewer and farther between in Western Canada, according to Statistics Canada’s (StatCan) first survey-based seeding intentions report for 2023-24. In a report released late last month, StatCan projected only 689,000 acres of flaxseed to be planted this spring, an 11.6 per cent decrease from the year
ICE July 2023 canola with 20-day moving average and November 2023 canola (yellow open/high/low/close). (Barchart)
Crops, Markets

ICE weekly outlook: Expect canola to climb higher

Seeding reported underway in southern Alberta

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MarketsFarm — As better-than-expected weather across the Canadian Prairies is very likely to spur on farmers to begin their spring seeding, the market is poised to push higher over the next couple of months, according to an analyst. “We have come down to the low end of the range,” said David Derwin, commodity futures advisor
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

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