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Global wheat exporters won’t keep up with demand this year, which will draw existing stocks down sharply.
Crops, Grain Markets, Markets

Weather woes, Russia upend outlook for global wheat suppliers

Stockpile levels expected to reach at least a 16-year low in 2023-24

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Drought is expected to send global wheat stockpiles for major exporters to the lowest levels in more than a decade, a Reuters analysis shows. The decline is coming as top supplier Russia intensifies its conflict with Ukraine and creates more uncertainty for importers. Farms in areas of North and South America, Europe and Australia are
(Viterra.ca)
Crops, Markets

Increases seen in most July grain deliveries

Oats deliveries more than double, canola near double

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MarketsFarm — Most July deliveries of major grains in the country were higher than those from the same period a year ago, Statistics Canada reported Thursday. Total grain deliveries this past month tallied 4.056 million tonnes for a jump of 43.8 per cent over the previous July. All wheat came in at 2.186 million tonnes,
As combines roll across the province, the expected highly variable yield picture is emerging.
Crops, News

Variable moisture, variable yields as harvest in Manitoba begins

Early reports say spring wheat crops are rated mostly fair to good; some producers report below-average or average yields

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Variability was the name of the game as spring wheat harvest began in the third week of August. “This is the most variable I can remember,” said Clayton Harder. He has fields around the north side of Winnipeg and said he has soybeans that are ankle high and others that are waist high. One field
The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Crops, Markets

CBOT weekly outlook: damage from extreme heat immediately unknown 

CBOT largely ignored the latest machinations in the Russia-Ukraine war that could change quickly: analyst

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MarketsFarm – Prices at the Chicago Board of Trade could increase if there’s heat damage to the United States corn and soybean crops, according to Tom Lilja of Progressive Ag in Fargo, North Dakota. During the week of Aug. 21 to 25 a heat dome formed over much of the U.S. Midwest with temperatures pushing
Wheat-driven buzz
Grain Markets, Markets

Wheat-driven buzz

Expert’s Radar: Other nations’ output may sway prices at home

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While cleaning out the eavestroughs the other day, I unwittingly disturbed a hidden wasp nest, resulting in at least half a dozen stings on my hands and face. The pain eventually subsided but dealing with the nest turned out to be a bit more difficult than expected as they had found a crack between the
Canola traders will get their first official estimates of this year’s domestic canola crop from Statistics Canada on Aug. 29.
Grain Markets, Markets

Grain trade expects lower canola yields

Harvest pressures may drag on price rallies

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Harvest operations are in their early stages across Western Canada, leaving the canola market in a somewhat precarious position awaiting news and biding time until there’s a clearer picture on the size of this year’s crop. The November contract held in a rather narrow $30 per tonne range in early August, between $770 and $800,
Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)
Crops, Markets

CBOT weekly outlook: Wheat, corn likely to trend downward

Weather to steer soybean values

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MarketsFarm — Wheat and corn on the Chicago Board of Trade are likely to fall back in the coming weeks, according to Terry Reilly, senior agricultural specialist for Marex in Chicago. Soybeans, meanwhile, could go either way, he said, depending on the severity of upcoming weather conditions. Reilly commented that the December Chicago wheat contract
CBOT December 2023 corn with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn up off low on weather, Black Sea tensions

Ukraine reports Russian attack on grain storage facilities

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Chicago | Reuters — Chicago Board of Trade corn futures rose on Wednesday as the market recovered slightly after improved U.S. crop conditions and concerns about China’s economy pushed prices to their lowest level since December 2020. Soybean futures also rebounded from a slide on Tuesday. The gains reflected uncertainty about the size of upcoming
Spring wheat with Lalrise Start SC applied with seed treatment, right, versus seed treatment alone on the left, in Western Canada, in May 2022.
Cereals, Crops, News

New seed treatment designed to boost cereals

Product centred on enhancing phosphorus solubility and improving early vigour

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Boosting nitrogen use to reduce nitrogen-based fertilizer applications, has been a feature of several products in the past five years. Lalrise Start SC liquid inoculant aims to improve another key nutrient. The seed treatment designed to enhance phosphorus solubility has received full commercial registration and will be available in spring 2024 for spring wheat, oats,
Table 3: Percentage Harvest Completion by Crop and Region to Aug. 15, 2023 (crops still unharvested, or negligible acres displayed as – or omitted from this table).
Crop Report, Crops, Weather

Harvest in Manitoba at three per cent, wheat crop mostly fair to good

Manitoba Crop Report: Issue 14 (week 33)

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Overview  Harvest progress sits at 3 per cent complete across the province (table above), which is on-par with the 5-year average harvest progress. Winter wheat and fall rye harvest continues, with 67 per cent of acres harvested. Early yield reports for winter wheat are averaging about 60 bu/acre. Harvest has started in spring cereal crops,

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