Vanessa Kummer is seen on a storage bin catwalk on her family farm near Colfax, N.D. on Aug. 6, 2019. (Photo: Reuters/Dan Koeck)

U.S. farmers cheered by apparent trade truce

Chicago | Reuters — U.S. farmers cheered the Trump administration’s announcement of a potentially dramatic increase in U.S. agricultural sales to China on Friday but warned they needed to see a follow-through of actual purchases. Treasury Secretary Steven Mnuchin said the agricultural purchases could scale up to $40 billion-$50 billion annually as part of a

(USDA.gov via Flickr)

Grains drop, soy firm following WASDE report

MarketsFarm — Monthly supply/demand data from the U.S. Department of Agriculture were supportive for soybean prices but bearish for corn and wheat, with adjustments to yields and harvested acres providing a number of surprises. Corn futures saw the largest immediate reaction at the Chicago Board of Trade, as average yields were unexpectedly raised to 168.4



(File photo by Dave Bedard)

Funds cover some shorts in grains, oilseeds

MarketsFarm — The net fund short position in canola was reduced slightly during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Speculators also bought back some of their bearish bets in soybeans and corn, the CoT report noted. The net managed money

Soybean cyst nematode has been confirmed in Manitoba for the first time.

Soybean cyst nematode confirmation presents challenge for producers

Pests like soybean cyst nematode and clubroot are present and rising in Manitoba fields, but the steps to prevent both of those pests are largely the same

Farmers are being urged to keep equipment clean after the confirmation of yet another soil-borne crop threat in the province. Farmers got the unfortunate, but not unexpected, news that soybean cyst nematode (SCN) infections have been confirmed in four municipalities Sept. 16. The nematode, which can spread through water, has been present in North Dakota


ICE January 2020 canola (candlesticks) and CBOT January 2020 soybeans (yellow line). (Barchart)

ICE weekly outlook: Canola values stay rangebound

MarketsFarm — Canola prices have been characterized as “firm one day and softer the next,” this week, remaining largely rangebound in light trading activity. “It’s hard to tell why, but canola oscillates between stronger than soybeans and then weaker,” said Ken Ball of P.I. Financial in Winnipeg. “It’s just spreaders playing back and forth with