Reading Time: 5 minutes [Updated May 29, 2017] Corn has come a long way in Alberta since Tony Schmidt started growing it in the early 2000s. “Early on, our corn would barely get a cob on it because it was such long-season corn we were trying to grow here, and now we’ve got it to where we can combine […] Read more
Corn slowly winning converts in Alberta
New shorter-season varieties are ‘night and day’ when compared to what was available a decade ago
Corn heat units critical to corn crop success
The measure isn’t standard between companies, and picking a variety suited to your area is key
Reading Time: 2 minutes Corn heat units cause “a lot of confusion” among new growers of the crop — and rightfully so. “There is no industry standard for corn maturity. We all put heat unit ratings on our corn, and we put relative maturity on our corn, but they’re not standard for each company,” said Nicole Rasmussen, DuPont Pioneer […] Read more
CBOT weekly outlook: Weather concerns keep room to the upside
CNS Canada — Soybean and corn futures at the Chicago Board of Trade remain rangebound overall, though there may be room to the upside despite the generally bearish underlying fundamentals, according to an analyst. While large South American crops should weigh on both commodities, U.S. production is still very much in the air as excessive […] Read more
CBOT weekly outlook: Corn, soybeans poised for move upward
CNS Canada — Wet weather across much of the Midwest could be throwing a monkey wrench into the plans of U.S. corn farmers, according to a market-watcher. Scott Capinegro, president of Barrington Commodity Brokers in Barrington, Illinois, says much of the U.S. corn crop still has to go into the ground while some crops need […] Read more
CBOT weekly outlook: ‘Managed money crowd’ buoys futures
CNS Canada — Bullish weather propped up Chicago Board of Trade (CBOT) corn and soybean futures, spurring spec buying on the week — but it’s likely not enough to break the commodities’ ranges, one U.S. analyst says. “Lately here, of course it’s been weather with all the rain last week and over the weekend. The […] Read more
CBOT weekly outlook: U.S. weather supports corn, weighs on soy
CNS Canada –– Soybean and corn futures at the Chicago Board of Trade came under pressure over the past week, but are expected to see divergent moves in the near future as poor planting weather in the U.S. Midwest may see acreage shift out of corn and into soybeans. News that U.S. President Donald Trump […] Read more
DuPont profit beats on strong seed demand
Reuters – Chemicals and seeds producer DuPont , which is merging with Dow Chemical Co, reported a better-than-expected profit for the seventh straight quarter, helped by a rise in seed sales, sending its share up 3.5 percent. DuPont, which is merging with Dow Chemical Co, continues to expect to close its merger in August, Chief […] Read more
CBOT weekly outlook: Corn, soy tied to technicals amid large supplies
CNS Canada –– Corn and soybean markets look to be rangebound over the next three weeks as U.S. farmers try to get their crops planted, according to a market-watcher. “We’re slightly behind but that can be made up quickly with the equipment we have,” said Scott Capinegro, president of Barrington Commodity Brokers in Barrington, Illinois. […] Read more
China to work off corn stockpile in three to five years
Beijing/Reuters – China will work off its corn stockpile in the next three to five years, said an executive at one of the country’s top corn processing firms on Wednesday, as firms ramp up processing capacity to use up the old stocks of grain. COFCO Biochemical, a listed subsidiary of the state-owned Chinese grains trader […] Read more
Manitoba corn producers wait for fields to dry out
CNS Canada — Warm, dry weather is on the wish list for Manitoba corn farmers as they wait for fields to dry out so they can begin planting. The southwest corner of the province appears to be the wettest, while other areas are drying nicely, according to Pam de Rocquigny, general manager of the Manitoba […] Read more
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