Chicago | Reuters — U.S. grains and oilseed futures fell on Wednesday, pressured by broad selling in commodities and equities as a firmer dollar prompted worries about export prospects for U.S. supplies, traders and analysts said. Wheat prices notched some of the biggest declines among agricultural products, dropping after rising slightly during the previous session. […] Read more
U.S. grains: Wheat, soy fall on firmer dollar, rains
Wheat varieties to keep an eye on
A few that growers expect to do well in the coming years
Reading Time: 2 minutes Wheat varieties are a little like the pop music charts: There are always new hot stars, and fading ones. Yes, there are some long-running chart toppers — take a bow, Stettler and CDC Go — but the list is constantly changing. Go back to 2013 and Harvest was running just behind Stettler for top spot. […] Read more
U.S. grains: Prices recover from recent losses
Chicago | Reuters — U.S. grain and soybean futures rose on Tuesday in a turnaround from recent sharp losses, while soymeal futures neared a two-week high following a decision by Argentina to suspend cuts to export taxes for the livestock feed, traders said. Prices were recovering after tumbling on Friday when the U.S. Department of […] Read more
U.S. grains: Soy up from three-week low as record harvest looms
Chicago | Reuters — U.S. soybean futures turned higher on Monday after touching their lowest levels in over three weeks on expectations that domestic inventories will pile up due to a record harvest and the ongoing trade dispute with Beijing. Prices recovered from a 4.7 per cent selloff on Friday that was ignited by a […] Read more
Hot weather stressing crops, harvests seeing lower yields
Alberta crop conditions as of August 7, 2018
Reading Time: 2 minutes Since mid-July, variable precipitation has occurred across the province, with enough rain in some areas, while others are under dry conditions, especially in the southern part of the province. Hot temperatures added to the stress on crops and forages in dry areas, causing heat stress and pushing maturity quickly, resulting in lower than normal yields. […] Read more
Drought slashes EU wheat, export surplus to be cut
Hamburg | Reuters – Drought and a heatwave that scorched fields in northern Europe may cut the European Union’s wheat export surplus and the bloc will need to consume more of its own grains, experts said on Friday. French analysts Strategie Grains forecast a 10 percent smaller EU soft wheat harvest this year, with northern […] Read more
Alberta crop conditions decline, hay in short supply
Alberta crop conditions as of July 31, 2018
Reading Time: 2 minutes Provincial crop condition ratings declined a further 1.2 percentage points on the week. The South and Central areas are significantly below the provincial average at 39.6 and 51.6 per cent respectively. The Northwest area is on par with the province at 65.9 while the Northeast and the Peace conditions are bringing up the average at […] Read more
U.S. grains: Wheat rallies on dimming world crop prospects
Dry U.S. Midwest conditions support corn, soybeans
Chicago | Reuters – U.S. wheat futures rallied almost 3 percent on Monday on concerns that deteriorating crops in several key producing countries will tighten global stocks of the grain. Corn scaled to a 1-1/2-month high on spillover support from wheat and as dry conditions in parts of the U.S. corn belt trimmed harvest prospects, while […] Read more
Alberta crop conditions fall overall, poor hay supplies cause for concern
Alberta crop conditions as of July 24, 2018
Reading Time: < 1 minute Provincial crop conditions have dropped over seven points from last week. Northwest. Northeast and Peace regions saw minimal changes, while the South and Central have been most affected. The hot dry weather and limited rainfall played a part in the decline in these two regions. Although the Northeast and Northwest have experienced varied weather including […] Read more
U.S. grains: Soy rises on export prospects
Chicago | Reuters — U.S. soybean futures rose on Friday, notching their second straight weekly gain, bolstered by signs of strong export demand, traders said. Wheat futures were mixed, with winter wheat contracts easing while spring wheat contracts firmed amid concerns about crop shortfalls. Corn closed slightly firm after trading both sides of unchanged during […] Read more