Crops
MarketsFarm – The November canola contract rose above the C$800 per tonne mark for the first time in nearly a month during the week ended Aug. 23. However, it wasn’t without some turbulence over the last two days of trading. On Aug. 22, the November contract lost C$13.40 per tonne to close at $796.00, before […] Read more
ICE weekly outlook: Canola following soyoil’s lead
Stat Can's principal field crop estimates will be released on Aug. 29, may affect prices
U.S. grains: soybeans end higher amid extreme heat, crop tour findings
Wheat ticked higher as traders assessed the latest Russian attack on a Ukrainian grain port
Chicago | Reuters – Chicago soybean and corn futures firmed on Wednesday, supported by hot, dry conditions that compound signs of stress found in initial results of a widely followed U.S. Midwest field tour. Wheat also ticked higher as traders assessed the latest Russian attack on a Ukrainian grain port and monitored North American spring […] Read more
CBOT weekly outlook: damage from extreme heat immediately unknown
CBOT largely ignored the latest machinations in the Russia-Ukraine war that could change quickly: analyst
MarketsFarm – Prices at the Chicago Board of Trade could increase if there’s heat damage to the United States corn and soybean crops, according to Tom Lilja of Progressive Ag in Fargo, North Dakota. During the week of Aug. 21 to 25 a heat dome formed over much of the U.S. Midwest with temperatures pushing […] 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
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
Panama Canal’s drought-induced bottleneck eases
Some vessels detour; transits per day still reduced
Panama City | Reuters — A backlog of vessels waiting to pass the Panama Canal due to drought-related restrictions has eased in recent days after the waterway’s authority authorized more non-booked ships to pass and as others are choosing alternate routes to avoid the delays. The Panama Canal Authority last week opened two additional slots […] Read more
Pulse weekly outlook: AAFC trims production numbers
Lentil, chickpea prices up after report
MarketsFarm — Among the many revisions Agriculture and Agri-Food Canada made to its August supply and demand report on Friday were reductions in pulse output for 2023-24. Most of Canada’s pulses are grown on the Prairies, and in particular southern Alberta and western Saskatchewan, which happen to be the driest parts of the region, leading […] Read more
U.S. grains: Soy, corn fall on crop tour’s promising early reports
Egypt wheat tender signals demand
Chicago | Reuters — Chicago soybeans fell on Tuesday as above-average crop scouting during a Midwest tour outweighed hot, dry weather in U.S. growing belts. Corn was also pressured by promising early crop tour results, but found support in a recent spate of export sales. Wheat ended higher as global demand remains strong, though an […] Read more
U.S. grains: Soybeans run up to three-week high on hot, dry weather
Wheat eases on Ukrainian export efforts
Chicago | Reuters — Chicago soybeans rose for a fourth straight session on Monday, reaching a three-week high as hot, dry U.S. conditions fueled concerns over crop stress. Wheat fell as Ukraine sought new Black Sea avenues for export, adding pressure to corn futures. Markets were awaiting results from the annual Pro Farmer crop tour, […] Read more
AAFC cuts production numbers on drought
Wheat production figures reduced, corn up
MarketsFarm — Agriculture and Agri-Food Canada published its August outlook for principal field crops on Friday, with some notable changes. Production for several cereal, oilseed and pulse crop were reduced, leading to revisions in exports, domestic usage and ending stocks. The report pointed to drought in southern Alberta and western Saskatchewan for the downward move. […] Read more
CNH enlists Sask. manufacturer for new windrower draper heads
Honey Bee to partner on new small-grain swathing combos
A new manufacturing partnership will see New Holland’s Speedrower Plus and Case IH’s WD5 windrower lines put to work swathing small grains and canola — and put made-in-Saskatchewan faces forward as they do. Case IH and New Holland’s parent firm CNH and Honey Bee Manufacturing say they’ve set up a partnership agreement for compatibility between […] Read more
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