Saskatchewan Agriculture has issued its crop report for the week of July 15-21. A summary follows and the full backgrounder by region is attached. Crop Report July 24 2014 Haying continues in the province and livestock producers now have 42 per cent of the hay crop baled or put into silage, with an additional 49 […] Read more
Most Saskatchewan crops in fair to excellent condition
U.S. spring wheat yield prospects best in 22 years
Fargo, North Dakota/Reuters — The 2014 U.S. hard red spring wheat crop was projected to yield 48.6 bushels per acre, scouts on an annual crop tour said Thursday, the tour’s highest forecast in at least 22 years. The estimate was based on samples from 373 spring wheat fields assessed during the Wheat Quality Council’s three-day […] Read more
GRAINS: Soybeans hit over one-week high, U.S. old-crop supply tightens
Reuters — Front-month soybean futures rose to their highest level in more than a week on Wednesday, supported by firming U.S. cash markets as supplies of old-crop soybeans dwindle with the autumn harvest still about two months away, traders said. Corn futures fell to a fresh four-year low while wheat was mixed in choppy trade. […] Read more
ND wheat tour continues — yields variable in northwest
Bowbells, North Dakota/Reuters — Spring wheat yield potential in northwestern North Dakota was seen as variable, with much of the crop behind its typical development schedule following late planting, scouts on an annual tour found on Wednesday. On one route through Ward, Mountrail and Burke counties, scouts on the Wheat Quality Council’s annual tour projected […] Read more
Slow sales, transportation keep Prairie feed grain supported
CNS — Feed grain prices are above milling prices in some areas of Western Canada right now due to complicated travel logistics and patient farmers, says an industry analyst. “Just in general right now, farmers aren’t really big sellers of crop,” said Charlie Pearson, a provincial crops market analyst at Alberta Agriculture and Rural Development. […] Read more
Tour sees ‘extraordinary’ wheat crop in North Dakota
Bismarck, North Dakota/Reuters — Big spring wheat yields were projected in southern North Dakota as abundant soil moisture and cool weather helped foster crop development following an uneven planting season, scouts on an annual crop tour found on Tuesday. “I think we have seen an extraordinary crop,” said Dan Wogsland, executive director of the North […] Read more
Grain bags catching on in the U.S. Midwest
Reuters — As U.S. farmers turn in record grain crops this autumn, many will have a powerful new tool — giant sausage-shaped storage bags — to help them avoid the lowest prices in years and gain more control over trade with giants such as Cargill Inc. Demand has surged this summer for the white polyethylene […] Read more
GRAINS: U.S. corn slides to 4-yr lows on bright harvest prospects
U.S. corn futures drifted to fresh four-year lows on Tuesday, erasing early gains as favorable weather forecasts bolstered expectations for a bumper harvest, traders said. Wheat followed corn down. Soybeans closed mostly lower, led by new-crop months, but the spot August contract rose on export demand for U.S. soybeans and soymeal. At the Chicago Board […] Read more
Ag Canada tightens grain/oilseed stocks projections
CNS — Ending stocks of Canada’s major grains and oilseeds at the close of the upcoming 2014/15 (Jul/Nov) crop year will be tighter than earlier projections, according to updated supply/demand tables released by Agriculture and Agri-Food Canada’s market analysis branch on July 22. The latest tables take into account the latest acreage estimates released by […] Read more
Canadian wheat bids mixed despite continued U.S. losses
Average bids for Canadian Western Red Spring (CWRS) wheat weakened slightly during week ended July 21 at a cross section of delivery points across Western Canada. However, Canadian bids lagged the U.S. futures to the downside and basis improvements were seen at many locations. On July 21, average spot bids for 13.5% CWRS across Manitoba, […] Read more
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