Chicago | Reuters — U.S. corn futures fell for the first time in three sessions and soybeans fell for a second straight day on Wednesday, with prices weighed down by forecasts of dry weather in parts of the U.S. Midwest that lifted hopes for improved crop conditions. “This short-term warm weather can lead to a […] Read more
U.S. grains: Soy, corn down on improved weather
StatsCan: Less canola and durum, more barley and oats
MarketsFarm — Canadian farmers seeded fewer canola and durum acres than they originally intended, but more barley and oats, according to updated acreage estimates from Statistics Canada that largely came within expectations. StatsCan pegged planted Canadian canola area for 2019-20 (August to July) at 20.952 million acres, down by about 300,000 from the March survey […] Read more
U.S. grains: Corn up as crop ratings ease
Chicago | Reuters — Chicago corn futures rose for a second straight day on Tuesday after the U.S. Department of Agriculture said the condition of U.S. crops deteriorated last week following rain, although gains were pared late in the session on improving weather. Soybeans turned lower on forecasts for a window of warmer and drier […] Read more
Ardent Mills sells Ontario bakery ingredient plant
Flour miller Ardent Mills plans to push off further from the sweet baking ingredient business, with a deal to sell its southern Ontario ingredient mix plant. Denver-based Ardent said Monday it closed a deal the previous Friday to sell its Burlington, Ont. plant to U.S. bakery ingredient processor Dawn Foods. The deal’s financial terms weren’t […] Read more
U.S. grains: Wheat rises on global weather worries
Chicago | Reuters — U.S. wheat futures climbed nearly two per cent on Monday due to weather-damaged crops in key production areas around the world, while corn and soybeans firmed as wet U.S. Midwest conditions stoked concerns about reduced harvests. Some optimism that U.S.-China trade talks may get back on track also underpinned markets. The […] Read more
Low moisture levels slow crop growth across Alberta
Alberta Crop Report: Conditions as of June 18
Reading Time: 5 minutes Since the beginning of June, some parts of Alberta (especially in the western and central areas) experienced a more normal weather pattern, receiving up to 100 mm of rain. However, conditions in the Southern Region, eastern parts of the Central and North East Regions, northern parts of the North West Region and northern half of […] Read more
U.S. grains: Soy, corn ease as traders expect improving weather
Chicago | Reuters — U.S. corn and soybean futures slumped on Friday on expectations that crops may benefit next week from a break in the rains that stalled plantings across the American Midwest this spring. Widespread storms caused unprecedented delays in corn plantings and prevented farmers from planting crops across millions of acres. The weather […] Read more
U.S. grains: Rains fuel crop worries, lift corn, soy, wheat
Chicago | Reuters — U.S. grain and soybean futures jumped on Thursday as expectations for more rain in the U.S. Midwest heightened worries about bad weather reducing autumn harvests. Forecasts called for rain over the next five days, which would keep some fields too wet to plant and add stress to planted crops that are […] Read more
U.S. grains: Corn down second session after five-year high
Chicago | Reuters — U.S. corn futures fell about two per cent on Wednesday, sagging for a second straight session as an absence of fresh bullish news prompted investors to book profits after multi-year highs set this week. Soybean and wheat futures followed the weak trend, with a few analysts citing improving U.S. weather forecasts. […] Read more
Saskatchewan extends greenfeed seeding deadline
Saskatchewan farmers who still want to put in cereal crops for greenfeed with crop insurance coverage will get an extra couple of weeks to do so. Saskatchewan Crop Insurance on Wednesday announced an extension on the June 30 deadline for seeding crops for greenfeed, to July 15. Producers who have crop insurance will now be […] Read more