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CBOT March 2023 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat climbs on winterkill worries

Corn, soy firm on South American dryness

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Chicago | Reuters — Chicago wheat futures climbed on Wednesday, as forecasts for temperatures well below freezing across the U.S. Midwest threatened winter crops heading into the holiday weekend. Corn and soybeans inched higher, supported by firmer wheat and weather conditions in South America. The most-active wheat contract on the Chicago Board of Trade (CBOT)
Agronomy research extension manager Jeremy Boychyn discusses the Manipulator trial on the farm of Greg and Jeff Porozni in early August. A treated strip is on the left (behind the attendees) and an untreated one on the right.
Cereals, Crops

Trial examines plant growth regulators in wheat

There was a reduction in lodging but PGR effectiveness depends on the product, variety and location

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Glacier FarmMedia – Do plant growth regulators reduce lodging in wheat? They had an impact, but not a huge one, in an on-farm field trial done this year. “What we’ve seen is that they are not a silver bullet when it comes to lodging,” said Jeremy Boychyn, agronomy research extension manager for Alberta Barley and
File photo of the Rainbow Bridge across the Niagara River between Ontario and New York. (Bloodua/iStock/Getty Images)
Crops, Markets

Large gap between StatCan, USDA canola estimates

USDA sticks closer to StatCan expectations on wheat

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MarketsFarm — There’s a significant difference in the amount of canola grown in Canada during 2022-23, in the estimate from Statistics Canada (StatCan) compared to that from the U.S. Department of Agriculture (USDA). Earlier in December, StatCan’s survey-based production of principal field crops report pegged this year’s canola harvest at 18.17 million tonnes. That’s a
(Dave Bedard photo)
Crops, Markets

AAFC raises canola stocks projection, despite smaller crop

Department also trims wheat ending stocks

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MarketsFarm — Canadian canola ending stocks for 2022-23 were revised higher by Agriculture and Agri-Food Canada in its latest supply/demand estimates, released Friday. The larger carryout projection came despite a downward revision to production, as both exports and domestic usage were also down from the November report. The government agency now sees canola carryout of
Markets, News

Australia forecasts record wheat crop despite floods

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Reuters – Australia is expected to produce a bumper year of crops including record wheat production in the current financial year, the government said Dec. 6, despite the impact of widespread flooding in the country’s eastern region. Total winter crop production across the country is forecast to total 62 million tonnes, the second highest on
CBOT January 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy futures fall despite strong exports

Chicago corn, wheat rise

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Chicago | Reuters — Chicago Board of Trade soybean futures fell on Thursday on concerns that a firm dollar and a weakening global economy could slow the robust pace of exports that has supported prices since harvest, traders said. Wheat futures were strong on a round of bargain buying following declines in eight of the
Country elevators have taken in a lot more wheat so far this crop year but global markets are quickly soaking it up.
Markets, News

Grain movement stats are a window into the market

Weekly numbers from the grain commission give near real-time data on deliveries and exports

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Glacier FarmMedia – Keep an eye on the weekly numbers for producer deliveries and grain exports, says one crops market analyst. “Weekly updates from the Canadian Grain Commission provide useful crop market movement and demand information,” said Neil Blue, who works for the Alberta government. The grain commission data covers grain and oilseeds moved in
Markets, News

French winter crops in near perfect condition

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French crops are in good shape entering the winter with an estimated 98 per cent of soft wheat in good or excellent condition as of Nov. 28, data from farm office FranceAgriMer showed on Dec. 2. The rating suggests strong potential for next year’s harvest, but crops tend to be more affected from spring onwards,
Since May 2022 estimate of Argentina’s wheat harvest, drought and frosts have hit the crop hard.
News

Argentina exchange warns more wheat cuts likely as yields disappoint

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Argentina’s wheat production outlook is likely to face more cuts due to lower-than-expected yields, the Buenos Aires grains exchange said Dec. 1, as harvest advances in the midst of a prolonged drought. In a weekly crop report, the exchange said 2022-23 wheat production, which it estimates at 12.4 million tonnes, is showing “yields below expected”

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