Reading Time: 4 minutes Following a dry spring, most parts of the province have received at least 80 mm of precipitation over June and experienced a wetter weather pattern, with some fields receiving significantly more rain through thunderstorm activities. However, southern parts of Alberta remained dry and in need of rain. Moisture stress in the northern half of the […] Read more
Crop conditions creep near five-year average, soil moisture levels still a concern
Alberta Crop Report: Conditions as of June 25
U.S. grains: Corn posts steepest drop in three years on USDA acreage view
Chicago | Reuters — U.S. corn futures plunged by the most in nearly three years on Friday after the U.S. Department of Agriculture (USDA) pegged U.S. planted acres well above trade expectations despite rains and flooding this spring that disrupted sowing. Soybeans firmed on USDA’s smaller-than-expected acreage estimate, while wheat fell in tandem with plummeting […] Read more
Cigi, Cereals Canada agree to pursue amalgamation
The boards of the Canadian International Grains Institute (Cigi) and Cereals Canada have agreed to pursue amalgamation by March 31, 2020. That’s if a proposal, yet to be developed, is approved by the two bodies’ member organizations, leaders Dean Dias and Cam Dahl, said Friday in separate interviews. “During the past week, both boards have […] Read more
U.S. grains: Corn, soy retreat as farm belt heats up
Chicago | Reuters — U.S. corn and soybean futures drifted lower on Thursday as investors squared positions ahead of government reports on acreage and stocks due on Friday and as improving U.S. Midwest weather boosted crop prospects. Wheat futures ended mixed as improved harvest weather in the U.S. Plains winter wheat belt offset support from […] Read more
CBOT weekly outlook: USDA’s acreage report could push up prices
MarketsFarm — At least one analyst predicts the U.S. Department of Agriculture’s next acreage report, due out Friday, could have a bullish effect at the Chicago Board of Trade. “If we come in near trade expectations for the (soybeans), it might be supportive,” said Terry Reilly, grains analyst with Futures International in Chicago. Trade expectations […] Read more
U.S. grains: Soy, corn down on improved weather
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: 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