MarketsFarm – Dry conditions across crop-growing areas in Manitoba helped the province’s annual harvest get off to a good start during the week ended Aug. 20. Much of the eastern, southern and central regions received two millimetres of precipitation at most during the week with several locations receiving no rainfall at all. The northwest region […] Read more
![“There’s even a question of would harvest equipment be available for 2023. There will be some equipment available, but will it be what you want and [what] fits your needs?” – Bill Campbell, Keystone Agricultural Producers. Photo: iStock/Getty Images](https://static.albertafarmexpress.ca/wp-content/uploads/2023/08/23105518/combines-3-silhouette-iStock-660x420.jpg)
Manitoba crop report: dry week helps advance harvest
Cattle producers move herds to hay fields to graze regrowth
CBOT weekly outlook: August forecasts pulling prices down
Wheat prices went down during the week despite Russia’s withdrawal from Black Sea deal
MarketsFarm – Recent weather forecasts for much of the United States put pressure on grain prices on the Chicago Board of Trade (CBOT) during the week ended Aug. 2. Cooler and wetter conditions are expected for the U.S. Midwest during the first half of August, which could help stabilize corn and soybean crops affected by […] Read more
CBOT weekly update: U.S. Fed decision one of many factors
Russia’s withdrawal from Black Sea Grain Initiative, attacks on Ukrainian ports have caused erratic price movement
Marketsfarm – The decision by the United States Federal Reserve on July 26 to raise its key interest rates mostly served as a distraction on the Chicago Board of Trade (CBOT) from other events affecting grain futures. The central bank continued its efforts to wrangle inflation by pushing interest rates up 25 basis points to […] Read more
Prairie cash wheat: Spring wheat bids drop
Influx of cheap Russian wheat largely responsible for price declines
MarketsFarm – Red spring wheat bids in Western Canada were down, while durum prices were mixed during the week ended May 25, after the release of bearish data. On May 23, Agriculture and Agri-Food Canada (AAFC) presented its monthly principal field crop report, which estimated 2023-24 wheat production (including durum) at 35.75 million tonnes. This […] Read more
Soy complex crushed by selloffs
While canola had undergone another week of sharp losses before bouncing back with a double-digit gain on March 23, the Chicago soy complex also had a week to forget. The May soybean contract fell to US$14.1950 per bushel at the end of March 23 after a one-day, 29-cent drop. It was the ninth negative session […] Read more
CBOT weekly outlook: Russian flip-flop upsets markets, little change after Fed announcement
MarketsFarm – A pair of announcements affected the Chicago Board of Trade by different magnitudes on Nov. 2. Four days after Russian officials said the country was pulling out of an agreement to allow Ukrainian grain shipments on the Black Sea, the Russian government announced on Nov. 2 it changed its mind and will re-enter […] Read more
Feed weekly outlook: Good quality, yields amid rising feed prices
MarketsFarm – With harvesting operations coming to a close, there were very few complaints about the quality and yields of new crop feed grains, according to one Lethbridge, Alta.-based trader. “Quality-wise, everything’s been sounding good for the most part. A couple of areas might have a bit of lighter bushels, but for the most part […] Read more
Pulse weekly outlook: Good harvests, transportation a ‘mixed bag’: Pulse Canada
MarketsFarm – As harvesting operations for pulses in Western Canada come to a close, Mac Ross, Pulse Canada’s director for market access and trade policy, said this year’s crops have been successful in terms of quality and yields. “I haven’t heard any concerns regarding quality. In a lot of cases, I’ve been hearing that the […] Read more
Pulse weekly outlook: Alberta shaping up for better harvest
MarketsFarm – While some areas of Alberta continued to struggle with a lack of precipitation and higher temperatures, Alberta Pulse Growers (APG) executive director Leanne Fischbuch said pulse crops in the province are faring much better overall than in drought-stricken 2021. “Harvest is underway in many parts of the province already, thanks to the heat […] Read more
Saskatchewan Crop Report: Harvest kicks off in Saskatchewan
MarketsFarm – As the calendar turned to August, some combining has already started in Saskatchewan according to the province’s weekly crop report. For the week ended Aug. 1, the harvest has started for a select number of crops mostly located in the west-central and southwest regions. So far, one per cent of the province’s dry […] Read more
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