Chicago | Reuters — U.S. wheat futures fell about two per cent on Wednesday on a mix of profit-taking following 10-month highs established a day earlier and improving weather forecasts for U.S. and Canadian spring wheat regions, analysts said. Corn futures hit a one-month low and soybeans followed the weak trend. As of 12:51 p.m. […] Read more
U.S. grains: Wheat retreats on profit-taking, weather
Safeguard wheat midge tolerance or lose it, growers warned
A single gene that protects wheat from this costly pest could quickly be lost if there’s no refuge in fields
Reading Time: 2 minutes Planting saved soft white spring wheat that’s tolerant to wheat midge comes with a multimillion-dollar risk. If tolerance is lost, it could cost growers $60 million annually and up to $36 per acre, said Mike Espeseth, co-chair of the communications committee of the Midge Tolerant Wheat Stewardship Team. A single gene, called Sm1, provides midge […] Read more
More than bragging rights at stake in Alberta Wheat’s yield contest
The goal isn’t just getting growers to go big on a few acres, but to share their agronomic practices
Reading Time: 2 minutes Interested in growing a nice big crop of bragging rights? Alberta Wheat is making it easier for the second edition of its Wheat Yield Challenge. “We have tweaked the rules a bit this year, said Brian Kennedy, the crop commission’s grower relations and extension manager. “This year, we are going to compare what the grower […] Read more
U.S. grains: Corn, soy sag on renewed U.S.-China trade tension
Chicago | Reuters — U.S. corn futures fell about 1.5 per cent on Tuesday, with the front contract at times dropping below US$4 a bushel as U.S. trade tensions with China re-emerged, analysts said. Wheat turned lower after climbing to multi-month highs, and soybeans also slipped. Chicago Board of Trade July corn settled down six […] Read more
Seeding makes good progress, surface soil moisture levels declining
Alberta crop conditions as of May 22, 2018
Reading Time: < 1 minute Warm and dry weather over the past week provided favourable conditions for seeding operations in most of the province. Provincially, seeding progress has increased 30 per cent from a week ago, to 67 per cent complete, compared to the 5-year average (2013-2017) of 83 per cent. Regionally, seeding progress is most advanced in the Southern […] Read more
U.S. grains: Wheat rallies on dry weather fears
Chicago | Reuters — U.S. wheat futures jumped more than two per cent on Friday and ended the week up nearly five per cent as worries about dry weather in key global production regions fueled short-covering and speculative buying. Soybeans advanced for the fifth time in six sessions on renewed Chinese buying of U.S. export […] Read more
Feed weekly outlook: Barley prices hang tight, await new crop
CNS Canada — The thought of sizzling days near the end of May 2017 is helping keep feed barley prices in Western Canada well supported, according to a market-watcher. “There is that memory of last year’s drought and seeing temperatures in the high 20s and 30s at the end of May,” said Allan Pirness of […] Read more
U.S. grains: Wheat hits 10-month high on weather, turns lower
Chicago | Reuters — U.S. wheat futures eased from 10-month peaks on Thursday as profit-taking eroded early gains stemming from dry weather in the U.S. Plains and other major growing areas around the world. Soybeans slipped from three-week highs as hedge-related selling offset earlier support from signs of renewed export demand from top buyer China. […] Read more
U.S. grains: Soybeans climb on hopes for renewed demand from China
Chicago | Reuters –– U.S. soybean futures scaled to a 2-1/2-week high on Wednesday as signs of renewed Chinese demand for U.S. exports lifted prices for a fourth straight session. Corn reached a 9-1/2 month peak on concerns about planting and early crop development due to adverse weather, while wheat extended prior-session gains as dry […] Read more
U.S. grains: Wheat rallies on Plains dryness, technical buying
Chicago | Reuters — U.S. wheat futures surged nearly three per cent on Tuesday on technical buying and crop production concerns due to dry weather in the U.S. Plains wheat belt and other major production areas around the globe. Corn futures advanced on spillover support from wheat, while soybeans advanced on follow-through buying from Monday’s […] Read more