Chicago | Reuters — U.S. grain and soybean futures jumped to their highest levels in more than a week on Wednesday as rains threatened to further delay corn and soy plantings and put crop yields at risk. The gains came a day after the U.S. Department of Agriculture (USDA) on Tuesday cited “unprecedented planting delays” […] Read more
U.S. grains: Corn, soybeans rally as rains threaten more planting problems
Feed weekly outlook: Manitoba corn seems headed for lower yields
CNS Canada — Manitoba’s corn crop harvest is getting underway earlier than expected, which could point to potential yield problems. While it’s too early to provide firm yield estimates, Morgan Cott, field agronomist for the Manitoba Corn Growers Association, said some high-moisture corn was already harvested in mid-September, and regular grain corn harvest got underway […] Read more
Hot fall pulls Ontario corn yields above average
Ontario’s corn crop yielded better than expected, at 184 bushels per acre average, while soybeans were closer to their 10-year average at 44 bushels per acre, according to Agricorp. Why it matters: The provincial crop insurance agency has some of the most solid crop production numbers in Ontario, as its members have to report their […] Read more
Manitoba corn rides strong yields through bearish market
CNS Canada — Even as large world supplies continue to weigh down the North American corn market, farmers in Manitoba can continue to hang their hats on strong yields, according to an industry expert. Manitoba’s average yield from the 2017 crop was 134 bushels an acre, according to Myron Krahn, president of the Manitoba Corn […] Read more
Manitoba corn harvest off and running
CNS Canada –– Manitoba’s corn harvest is just getting underway as many producers hold off combining to provide extra drydown time. More farmers will likely get into their grain corn this week and next, said Pam de Rocquigny, general manager of Manitoba Corn Growers. “The weather looks great so hopefully corn continues to dry down.” […] Read more
U.S. grains: Corn falls after USDA raises yield estimate
Chicago | Reuters — Chicago corn futures fell 1.7 per cent on Tuesday, the biggest drop for a most-active contract in nearly a month, after the U.S. Department of Agriculture raised its 2017 corn yield forecast, bucking most trade expectations for a reduction. Soybean futures fell after the USDA surprised analysts by hiking its U.S. […] Read more
Delayed planting on Prairies could reduce corn acres
CNS Canada — Record yields for Manitoba corn last year have raised the attractiveness of the commodity for many growers. However, the chances for a delayed spring this year could dampen that enthusiasm, according to one industry watcher. “If we get into a delayed planting situation we may see producers switch their corn acres into […] Read more
StatsCan confirms drought impact on Ontario yield
Statistics Canada has confirmed what most farmers in Ontario knew this past summer: Hot and droughty conditions drove production of corn and soybeans almost 10 per cent lower than 2015 levels. StatsCan’s harvest report, released this week, also showed the large wheat crop in Ontario was a record, with a 56 per cent increase in […] Read more
U.S. grains: Corn, soy, wheat fall after USDA report
Chicago | Reuters — Chicago Board of Trade corn futures fell more than two per cent on Wednesday, the most in a month, while soybean and wheat futures also declined on expectations for record-large U.S. harvests and huge grain inventories. At the CBOT, December corn settled down 8-1/2 cents at $3.37 per bushel. November soybeans […] Read more
USDA sees record U.S. corn, soy crops after good July weather
Washington | Reuters — The U.S. soybean and corn harvests will be the biggest ever this fall, according to a U.S. Agriculture Department monthly outlook that boosted yield and production forecasts for both crops above market expectations. USDA on Friday pegged the corn crop at 15.153 billion bushels, based on an average yield of 175.1 […] Read more
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