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AAFC made some small tweaks in its estimates for the 2022/23 wheat crop. Photo: Greg Berg
Crops, Markets

AAFC tweaks some numbers as canola, pulses remain unchanged

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MarketsFarm – While Agriculture and Agri-Food Canada made some changes in its October supply and demand estimates from September, the department didn’t make any alterations to its data for canola, pulses and special crops. The department released its report during the late afternoon of Oct. 21. Of the grains and oilseeds, AAFC’s most notable revisions
Australian wheat crop quality at risk due to heavy rains
Crops, News

Australian wheat crop quality at risk due to heavy rains

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Reuters – Widespread rains in Australia’s eastern grain producing states are likely to downgrade quality of the wheat crop, which is scheduled to be harvested at the end of the year, traders and analysts said. Wheat quality reductions in Australia are set to deepen concerns over global food supplies, with the world heading toward the
News

Russia considers abolishing grain export quota

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Russia, the world’s largest wheat exporter, may abolish its grain export quota that it usually sets in the second half of the July-June marketing season, the Interfax news agency reported, citing Russia’s deputy prime minister. Russia supplies its wheat to Africa and the Middle East and usually sets grain export quotas for the period from
CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, blue and black lines). (Barchart)
Crops, Markets

U.S. grains: Soy futures rally on strong exports

Chicago corn, wheat also firm

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Chicago | Reuters — U.S. soybean futures rose 1.4 per cent on Thursday as strong export data buoyed hopes that overseas buyers will book more deals in coming weeks. Corn and wheat futures also were firm, with short-covering and technical buying underpinning the market after prices for both commodities dropped near the low end of
CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn, wheat weak on export concerns

Chicago November soybeans end firm

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Chicago | Reuters — U.S. wheat and corn futures fell on Wednesday as weak demand on the export market weighed on prices. Soybeans ended in positive territory, but concerns that global purchasers will shift their demand for soybeans to South American suppliers as soon as possible kept the gains in check. “You can at least
Markets, News

Dry soil in Russia’s south poses risk for 2023 grain crop

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Low soil moisture reserves in Russia’s southern breadbasket pose risks for the 2023 grain crop of the world’s largest wheat exporter, said agriculture ministry official Roman Nekrasov on Oct. 6. Farmers in Russia have accelerated winter wheat sowing after recent rain eased dry soil conditions in some regions last week, though sowing is still delayed
Alex Griffiths from DUC provides on-farm winter wheat advice.
Crops, News

Winter cereals stuck in catch-22 this fall

Conditions were ideal but the timing was off, despite grower interest

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Conditions were nearly perfect for seeding winter cereals this fall but poor timing will likely temper the growth of seeded acres. Manitoba Agriculture cereals specialist Anne Kirk says seeded acres of winter cereals increased last year but it’s difficult to know whether the trend will continue. “I think that conditions would have been good for

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