Prairie grain and oilseed growers who took out cash advances in the 2013 crop year through the Manitoba Corn Growers Association (MCGA) now have more time to repay. The federal government on Tuesday announced a stay of default on repayment of advances made through the MCGA for crops in 2013 — resetting the repayment deadline […] Read more
More time granted to repay MCGA cash advances
Further selling expected in CBOT corn, soybeans
CNS Canada — Corn and soybean futures on the Chicago Board of Trade (CBOT) moved lower during the week ended Wednesday — and the two markets are expected to remain under pressure until at least mid- to late September. “I think we’re just going to see this gradual selling over the next month, month and […] Read more
USDA projects record U.S. corn, soybean production
Reuters — U.S. corn production will crack the 14-billion-bushel mark for the first time in 2014, the U.S. Department of Agriculture said on Tuesday, but the crop was slightly below trade expectations, potentially giving a bullish kick to the beaten-down corn futures market. At 14.03 billion bushels, the estimated crop fell short of trade estimates […] Read more
Majority of Manitoba corn progressing on time
CNS Canada — Despite sporadic crop conditions across the province, the majority of Manitoba’s corn crops are reported to be progressing on time. “It basically depends where you are in the province,” said Morgan Cott, a field agronomist with the Manitoba Corn Growers Association at Carman, Man. “The majority of the corn is well into […] Read more
Doane sees whopper corn crop
Reuters — Doane Advisory Services on Friday forecast U.S. 2014 corn production at a record-high 14.443 billion bushels with an average yield of 172.3 bushels per acre, following its annual crop tour. “This is clearly the best corn crop we have seen in our rather long history of crop tours,” the firm said in a […] Read more
GRAINS: Soybeans, wheat firm on strong exports; corn weakens on weather
U.S. soybean futures rose on Thursday on signs that demand will keep domestic supplies tight until harvest, while corn weakened due to forecasts for more crop-boosting rain in the U.S. Midwest, traders said. “The beans firmed up due to some speculators taking advantage of the weakness earlier in light of the very strong demand we […] Read more
DuPont breaks ground on new ultra-early maturity corn research facility
Lethbridge, Alberta, July 30, 2014 –DuPont Pioneer has begun construction of a new multi-million dollar research facility in Lethbridge, Alberta, focused on developing ultra-early maturity corn products for growers in Alberta and Western Canada. “This facility supports our commitment to providing growers in Western Canada with more choice through the development of ultra-early corn products that may […] Read more
GRAINS – U.S. corn, soybeans, wheat drop after recent gains
CHICAGO, July 29 (Reuters) – U.S. wheat futures fell 2.8 per cent to fresh contract lows on Tuesday due to plentiful global supplies as well as strong competition on the export market, traders said. Corn and soybean futures also fell as forecasts for rain in the U.S. Midwest next week alleviated concerns about dry conditions reducing harvest prospects for both […] Read more
U.S. soy, corn ratings drop for first time in more than a month
U.S. corn and soybean condition ratings fell in the latest week, the U.S. Agriculture Department said on Monday, the first decline for both crops in five weeks. USDA said that soybeans were rated 71 percent good to excellent as of July 27, a 2 percentage point decline from a week earlier. Good-to-excellent ratings for corn […] Read more
Brazil farmers say GMO corn no longer resistant to pest
Genetically modified corn seeds are no longer protecting Brazilian farmers from voracious tropical bugs, increasing costs as producers turn to pesticides, a farm group said on Monday. Producers want four major manufacturers of so-called BT corn seeds to reimburse them for the cost of spraying up to three coats of pesticides this year, said Ricardo […] Read more
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