Crops
MarketsFarm — While global fertilizer prices were projected to be steady to higher in 2024, overall affordability is set to improve while usage will increase, according to one analyst. Samuel Taylor, a New York City-based farm inputs analyst for RaboResearch Food and AgriBusiness, delivered a presentation on the fertilizer market during the firm’s Fall Harvest […] Read more
More affordability, usage of fertilizers in 2024, analyst says
Israel's fertilizer output normal for now
Opinion: Fighting for low grain prices
One bushel of barley can make 500 bottles of beer, but the Wheat Growers are asking for help to make it cheaper
Reading Time: 3 minutes It used to be that if you wanted to raise a farmer’s blood pressure, you only had to suggest that an increase in bread prices was due to a change in the price of wheat. That started in the 1970s after wheat prices skyrocketed to the $6 per bushel range after the “Great Grain Robbery,” […] Read more
U.S. grains: Wheat down on supply concerns, soft demand
K.C., MGEX wheats also set contract lows; corn, soy up
Chicago | Reuters — U.S. wheat futures fell across the board on Tuesday on soft demand and as supply concerns weakened in the Southern Hemisphere, while soybean futures pushed higher on adverse weather in Brazil. The most-active wheat contract on the Chicago Board of Trade (CBOT) ended down 9-3/4 cents at $5.56-1/4 per bushel and […] Read more
‘Little hammers’ control weeds on organic farm post-harvest
Tillage, grazing and cover crops are options for organic growers
Reading Time: 5 minutes Conventional grain farmers have chemical tools to manage weeds post-harvest, but for certified organic producers like Ward Middleton, options are limited. “We don’t really have a sledgehammer-type problem-solving option to control weeds, so we have to use many little hammers,” said Middleton, quoting weed ecologist Eric Gallandt, who coined the phrase at the 2012 Canadian […] Read more
Pulse weekly outlook: Lentils shift in narrow range
Farmers seen sitting on product for now
MarketsFarm — Price movement for most western Canadian lentils held narrowly rangebound for the week ended Monday. Prairie Ag Hotwire reported most prices remained one cent per pound of unchanged. To Marcos Mosnaim of Export Packers, there were two central reasons for such sparse movement in lentils. “On one side… I will say the lack […] Read more
U.S. grains: South America rains push soy futures down
Wheat, corn futures also drop
Chicago | Reuters — U.S. soybean futures declined about one per cent on Monday on profit-taking and pressure from beneficial rains over the last few days in South American crop areas, offsetting a weather premium that had been building for the oilseed crop. Corn and wheat futures also fell. Benchmark January soybeans on the Chicago […] Read more
St. Lawrence traffic to resume as tentative labour deal reached
Deal goes now to ratification vote
A week-long strike by about 360 unionized workers on the St. Lawrence Seaway ended Monday morning with a tentative agreement on a new labour deal. The St. Lawrence Seaway Management Corporation (SLSMC) and Unifor, the union representing the workers, announced the new agreement separately Sunday evening. Unionized workers had been on strike since just after […] Read more
Fund short position hits new record in ICE canola
Traders return to net long on soybeans
MarketsFarm — The net speculative short position in the ICE Futures canola market rose to its largest level ever recorded as fund traders put on fresh bearish bets and liquidated previously placed long positions, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of Oct. 24, the […] Read more
Prairie cash wheat: Bids book week of losses
U.S. wheat futures down on week
MarketsFarm — Western Canadian wheat bids took a tumble with durum prices having the largest losses during the week ended Oct. 26. U.S. wheat futures were pressured throughout the week as rains fell on winter wheat-growing areas in the country, as well as in Argentina, Ukraine and Australia. Export sales for U.S. wheat were lower […] Read more
U.S. grains: Soybeans, soymeal climb on demand
CBOT wheat falls; gains in soy help lift corn
Chicago | Reuters — Chicago Board of Trade soybean futures rallied and soymeal hit a contract high on Friday on strong demand for U.S. supplies, analysts said. U.S. soymeal exports are on their way to new highs this season after a poor soybean harvest in top soymeal exporter Argentina earlier this year. Domestic soymeal users, […] Read more