MarketsFarm — With the return of typical temperatures and healthy amounts of precipitation throughout the growing season, Manitoba had successful pea and dry bean crops during the 2022-23 marketing year, according to the province’s pulse specialist. Dennis Lange of Manitoba Agriculture said both crops showed high yields from their respective harvests. The Manitoba pea harvest […] Read more
Pulse weekly outlook: Manitoba’s dry beans, peas show strong yields
Manitoba’s harvest 79 per cent complete, report says
Cereal harvest wrapped in most areas
MarketsFarm — Harvest operations across Manitoba were 79 per cent complete as of Tuesday, according to the latest crop report from the provincial agriculture department. That figure was up from 63 per cent the previous week, but two weeks off the five-year average of 89 per cent. Harvest progress was the most advanced in central […] Read more
U.S. grains: USDA cuts soy, corn crop outlooks, trims demand
Large Russian wheat supplies temper war worries
Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Wednesday after the U.S. Department of Agriculture (USDA) unexpectedly cut its U.S. harvest forecast and raised imports by top soy buyer China in a monthly report. Soybean price gains were held in check, however, by expectations for large South American crops that […] Read more
U.S. grains: Wheat, corn slip ahead of key crop forecasts
Corn, soy consolidate as U.S. crop data watched
Chicago | Reuters — Chicago wheat futures fell back on Tuesday, after jumping to a three-month high a day earlier, as signs of escalation in the war between Russia and Ukraine continued to raise concerns about the viability of Black Sea grain trade in the coming months. Corn futures slipped, and soybeans firmed, as investors […] Read more
Saskatchewan’s harvest 90 per cent complete
MarketsFarm — Excellent weather over the week ended Monday saw Saskatchewan farmers make good harvest progress, with 90 per cent of the province’s crops off the field, according to the latest provincial report. Harvest progress was up from 81 per cent the previous week — and from the five-year average of 82 per cent. While […] Read more
Pulse weekly outlook: Saskatchewan’s pulse harvest seen as average
MarketsFarm — As the harvest in Saskatchewan wraps up for 2022, pulse specialist Dale Risula said pulse crops were quite good this year — a definite improvement over last year’s drought-stricken production. “Overall for the province we will likely see average production this year, although some areas suffered pretty badly,” Risula said. He said there […] Read more
U.S. grains: CBOT wheat retreats after nearing three-month high
USDA reported lower-than-expected corn stocks Friday; soy harvest progress exceeds expectations
Chicago | Reuters — Chicago Board of Trade wheat futures settled lower on profit-taking on Monday after approaching a three-month high reached during the previous session, traders said. The setback in wheat futures came after a reduced official estimate of the U.S. harvest and heightened tensions in the Ukraine war put renewed attention on global […] Read more
Alberta harvest in home stretch as province dries up
MarketsFarm — As harvest progress in Alberta remained well ahead of the five-year average, soil moisture levels in the province continued to dwindle. With a gain of 12 points on the week, Alberta Financial Services Corp. (AFSC) estimated 87.6 per cent of the major crops were harvested. While that’s slightly below this time last year, […] Read more
U.S. grains: Wheat soars on new data, Russia’s annexation move
Corn climbs on smaller stocks; soybeans dip after bigger-than-expected stocks
Chicago | Reuters — Chicago wheat spiked on Friday, supported by a drastic cut to U.S. production estimates by the Agriculture Department, and Russia’s annexation of parts of Ukraine followed by increased U.S. sanctions. Corn climbed on smaller-than-expected U.S. stockpiles, while soybeans sank after USDA noted increased stores of the oilseed. The most-active wheat contract […] Read more
Saskatchewan harvest advances under varied rainfall
Harvest ahead of five-year average
MarketsFarm — Saskatchewan’s harvest progressed during the week of Sept. 20-26 despite variable weather conditions across the province, according to Saskatchewan’s weekly crop report released on Sept. 29. As of Sept. 26, 81 per cent of the province’s harvest was complete, up eight percentage points from the previous week and six points ahead of the […] Read more
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