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File photo of a Prince Edward Island potato field. (Onepony/iStock/Getty Images)
Crops

P.E.I. potato exports cleared for Puerto Rico

U.S. territory has no commercial potato production

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A U.S. territory with an appetite for Canadian potatoes and no commercial potato production to speak of will be able to resume imports of table stock potatoes from Prince Edward Island starting Wednesday. The resumption of exports to Puerto Rico, announced Tuesday, is a spot of good news for the province’s potato sector. Export certificates
CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets, Weather

U.S. grains: Soybeans dip ahead of USDA report

Wheat underpinned by U.S. dryness

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Chicago | Reuters — Chicago soybean prices fell on Tuesday, a day after hitting an eight-month high, ahead of the U.S. Agriculture Department’s monthly global supply and demand assessment that is expected to downgrade South American crop production. Corn also eased, while wheat firmed, underpinned by ongoing dryness across the U.S. southern Plains. The Chicago
CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans rise on South American crop shortfall

Corn, wheat also up

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Chicago | Reuters — U.S. soybean futures were steady to mostly higher on Friday near an eight-month peak as some traders pocketed profits from strong gains this week, but the market remained underpinned by concerns about weather-reduced yields in South America. Corn was also steady to firmer, while wheat futures rose in a short-covering and
CBOT March 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn sags on export worries

Soy ends lower after volatile session

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Chicago | Reuters — U.S. corn futures fell on Thursday on profit-taking after this week’s multi-month highs and worries about export demand after China canceled a purchase of U.S. supplies, traders said. Wheat sagged on poor weekly export data and a lack of fresh supportive news while soybean futures posted modest losses after a volatile,
CBOT March 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn futures hit highest since June

Soy, wheat fall on profit taking

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Chicago | Reuters — Chicago Board of Trade corn futures rose to their highest in seven months on Friday as concerns about production in South America spurred demand for U.S. supplies, traders said. Soybean futures eased from the seven-month top they hit on Thursday, succumbing to a round of profit taking. Soybeans closed well above
When it comes to U.S. federal farm programs, silence is golden.
Comment, Op/Ed, Other

Comment: Keep moving, nothing to see here

When the U.S. government slapped together a tariff-mitigation program, mistakes were made

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No one was shocked recently when the U.S. General Accountability Office (GAO) announced the U.S. Department of Agriculture (USDA) had overpaid farmers billions of dollars during the slapdash tariff-mitigation scheme ordered by the Trump White House in 2018 and 2019. A couple of billion bucks in government waste is, evidently, chump change when — as
Payments to corn farmers were approximately US$3 billion more than USDA’s final estimated damages from the trade war.
News

U.S. corn farmers overpaid in Trump trade aid

An impartial government agency said industry overestimated the value of lost export business

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Reuters – The Department of Agriculture overpaid U.S. corn farmers in 2019 by around US$3 billion for impacts from former president Donald J. Trump’s trade policies, in part because the agency overestimated the value of their lost export business, according to a non-partisan government agency report. The Market Facilitation Program in 2018 and 2019 distributed
(Dave Bedard photo)
Crops

U.S. aims to double cover crop planting to address climate change

Farmers in 11 states to be eligible for program

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Chicago | Reuters — The United States aims to double the country’s cover crop plantings to 30 million acres by 2030 under a new Department of Agriculture (USDA) conservation program launched on Monday. The agency’s Natural Resources Conservation Service (NRCS) will spend US$38 million to help farmers in 11 states plant crops at a time
The increase in world production of canola comes despite a downward revision to the already small Canadian crop.
Markets, News

Canola crunch seen easing: USDA

Large canola and sunflower harvests elsewhere to offset poor Canadian production

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MarketsFarm – Good canola/rapeseed crops in Australia and a number of other parts of the world along with large world sunflower seed production should help offset Canada’s small production somewhat, according to the December Oil Crops Outlook from the United States Department of Agriculture. Total global canola/rapeseed production is now forecast at 68.35 million tonnes by the

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