Crops
Chicago | Reuters — U.S. corn futures on Thursday rebounded from a seven-month low after three days of declines in a short-covering bounce and following a government report showing higher ethanol output and lower stocks of the corn-based biofuel. Wheat futures were mixed as a weaker dollar and concerns about the outlook for crops in […] Read more
U.S. grains: Corn rebounds on short-covering, bullish ethanol data
Light rain on way for Prairie crops, but ‘soaker’ needed
Winnipeg | Reuters –– Rain looks to splash parched farms on Western Canada’s Prairies over the next week as concerns mount that soil is too dry for canola to grow normally. Offsetting the concern somewhat is the region’s brisk pace of planting, which may wrap up by the weekend. The southern Prairies will be lucky […] Read more
Dry Prairies await timely rains
CNS Canada — Mounting dryness concerns in parts of Alberta and Saskatchewan are raising some concerns over crop development on the Prairies — but timely rains are in the forecast for early June. “The entire southern Prairie region hasn’t received normal rainfall for the last month to two months,” said Trevor Hadwen, an agro-climate specialist […] Read more
ICE weekly outlook: Weather to make or break canola market
CNS Canada –– ICE Futures Canada’s canola futures moved independently higher during the week ended Wednesday, ignoring weakness in the Chicago soybean market. The generally tight supply situation for canola, a weak Canadian dollar and worries about dry conditions damaging some crops in Western Canada underpinned canola. Dry conditions in parts of the western Prairies […] Read more
CBOT weekly outlook: Corn, soy under pressure amid abundant supplies
CNS Canada — Chicago Board of Trade corn and soybean markets drifted lower during the week ended Wednesday and are expected to remain under pressure in coming weeks. The softness in both markets is likely because of large domestic and global supplies for corn and soybeans, said Ken Ball of PI Financial in Winnipeg. “Buyers […] Read more
U.S. grains: Wheat sinks to two-week low on winter crop rating
Chicago | Reuters –– U.S. wheat futures fell for the third straight session on Wednesday, hitting a two-week low on big global supplies and a government report that pegged U.S. winter wheat crop ratings above market expectations. Corn also slumped to a seven-month low on spillover pressure from sinking wheat and positive U.S. crop ratings, […] Read more
Canada to check India’s feed corn for aflatoxin
All feed corn coming to Canada from India is now going to be held and tested for aflatoxin, as high levels of the toxins have recently turned up in organic corn from the country. Importers of corn — organic or otherwise — from India, starting immediately, first must sample the corn, upon arrival in Canada […] Read more
Fatigue during spring seeding is dangerous, work safe
Know the warning signs and set sensible limits
Reading Time: < 1 minute Seeding and the spring work frenzy puts you at greater risk of serious injury due to fatigue. “Too many farmers push themselves, especially during the really busy times,” said Kenda Lubeck, farm safety co-ordinator with Alberta Agriculture and Rural Development. “Too often, it is a case of wanting to finish a field even though fatigue […] Read more
Warmth seen as welcome relief for Manitoba forages
CNS Canada –– A recent wave of warm temperatures is just what’s needed to boost the development of forage crops in Manitoba, which have been slowed due to recent weather, according to two industry experts. “Just within the past week plants are starting to develop, we’re hoping that with the heat they’re forecasting, the crops […] Read more
El Nino seen bringing drought to Brazil’s north, heavy rains to south
Sao Paulo | Reuters –– Brazil will likely experience a moderate El Nino by the end of the year, bringing steady rain to the country’s main grain-producing regions and sustained drought in the arid north, the national meteorological institute, Inmet, said. Inmet meteorologist Fabricio Daniel dos Santos Silva said six consecutive quarters of warming sea […] Read more