Chicago soybean prices plunged on Monday to the lowest since October 2020, as forecasts for rain in the U.S. crop belt alleviated concerns over the potential impact on crop yields from hot and dry weather.
U.S. grains: Soy tumbles to 2020 lows as rains seen aiding US crops
Global shipping costs could ease as congestion improves: FCC economist
Global shipping bottlenecks appear to be easing and could make way for lower shipping costs, though fuel prices remain a wildcard according to analysis from Farm Credit Canada (FCC).
Late crop yield in most Ukrainian regions may drop by up to 15 per cent, farm ministry says
Ukraine's late crop yield might fall by up to 15 per cent in most regions due to extreme heat, the acting farm minister said on Monday, while the average early crop is expected to shrink by only by five per cent.
U.S. grains: Soy tumbles as U.S. rain forecast offers relief
Chicago Board of Trade soybean and corn futures plunged on Friday but were set for weekly gains, as weather forecasts indicated positive news for crops in the central United States.
Jasper fires force trains to go slow
CN has resumed service but at a reduced speed through the area
The Canadian National Railway line through Jasper, Alta,. is open, but trains are moving slowly due to the wildfire that destroyed a significant part of the community this week. The implications for grain movement are unknown, but unloads are already down at the port of Vancouver.
Alberta Crop Report: High temperatures damage crops
Major crops were rated at 55.3 per cent good to excellent, down from 72.9 per cent the previous week. The south region’s crops were rated 77.2 per cent good to excellent, while the northeast region was at 62.5 per cent and the Peace region was at 57.3 per cent. Conditions in the northwest region fell to 37.7 per cent and the central region dropped to 32.4 per cent, for declines of 40.1 and 29.8 points, respectively.
Cereal leaf disease minimal in Alberta but be aware of blown-in stripe rust
The province received variable precipitation this spring which had pathologists and producers expecting the arrival of members of the leaf spot complex. However, Kelly Turkington with the Agriculture and Agri-Food Canada Lacombe Research and Development Centre said they may have been scorched by the July heat wave.
Prairie Wheat Weekly: Weather, weak loonie fail to lift prices
Despite temperatures exceeding 30 degrees Celsius on the Prairies and a weakened Canadian dollar, Western Canadian spring wheat prices were mixed and those for durum were lower during the week ended July 25.
Feed Weekly: Crops still in ‘relatively good condition’
The hot and dry weather present in much of the Prairies for much of July may not have yet put a dent in production numbers. Matt Beusekom, trader for Market Place Commodities in Lethbridge, Alta., said while the heat is pressuring crops, good harvests are still expected for now. “(The heat) has definitely had an […] Read more
Back to normal for cereal leaf disease in Saskatchewan
Precipitation has more or less returned to normal in Saskatchewan, but that also means cereal growers need to be more aware of leaf and other diseases, says a plant pathologist.
Cyber-Savvy Farmer
