Chicago | Reuters — Concerns that global crop supplies will remain lean pushed Chicago Board of Trade corn futures to their highest price since March 2013 on Friday, while soybean futures reached their highest since October 2012. The markets surged before the weekend as traders braced for the potential of further rallies driven by tightening […] Read more
U.S. grains: Corn, soy futures hit multi-year highs on supply fears
Dryness in Brazil fuels supply fears
Pulse weekly outlook: Chickpea production expected up in 2021
MarketsFarm — Following an expected 11.4 per cent drop in Saskatchewan’s chickpea harvest this year, provincial pulse specialist Dale Risula is expecting an increase in 2021. In Statistics Canada’s most recent field crop report, issued last week, chickpea production in Saskatchewan was estimated to have dropped from 224,600 tonnes in 2019 to 199,010 tonnes this […] Read more
Saskatchewan crops in decent shape heading into August
MarketsFarm – Crops throughout Saskatchewan rated as being in fair to good condition, according to the latest weekly crop report from Saskatchewan Agriculture. As of July 27, spring cereals, canola, field peas and soybeans were said to be in fair to excellent. The report said winter wheat and fall rye were ripening and maturing. Harvest […] Read more
Pulse weekly outlook: Saskatchewan pulses heading for a good year
MarketsFarm — Pulse crops in Saskatchewan are in shape to have a good year, according to Dale Risula, a pulse specialist with the province’s agriculture department. “Pulses got off to a pretty good start. Moisture levels in the soil were pretty good. Most of the pulses were up and growing rapidly,” Risula said, noting pulse […] Read more
Difficult Manitoba harvest nearing its end
MarketsFarm – In the latest and last weekly crop report for 2019 from Manitoba Agriculture, issued Nov. 5, the overall harvest reached 89 per cent complete province-wide However, it has continued to be a very tough slog for farmers as they contend with muddy fields, in which equipment has left deep ruts. In some areas, […] Read more
U.S. grains: Corn plunges most in three years on crop estimate surprises
Chicago | Reuters — Chicago corn futures fell nearly six per cent on Monday, their biggest drop in more than three years, after the U.S. Department of Agriculture forecast a bigger-than-expected harvest. USDA forecast the 2019-20 corn crop at 13.901 billion bushels, above the 13.875 billion bushels expected in July. A Reuters poll of analysts […] Read more
Saskatchewan harvest underway: Report
CNS Canada – Harvest operations are underway in parts of southern Saskatchewan, according to the weekly crop report from Saskatchewan Agriculture. Crops were reportedly rapidly drying down across the province, with many pulse crops being desiccated. Most crops remain in fair to excellent condition, although later-seeded crops need rain to help heads and pods fill, […] Read more
U.S. grains: Wheat, soy, corn lower ahead of monthly USDA reports
Chicago | Reuters — U.S. wheat futures fell to a one-week low on Wednesday on position-squaring ahead of a monthly crop report from the U.S. Department of Agriculture and forecasts for welcome rains in Russia’s crop belt, analysts said. Soybean and corn futures were also lower ahead of the USDA’s report, while soyoil futures firmed, […] Read more
ICE weekly outlook: Canola futures wait on report
CNS Canada — ICE Futures Canada canola traders may already be looking ahead to the release of Statistics Canada’s next production estimates, as lacklustre trading amid the holiday season leaves investors searching for direction. StatsCan is scheduled to release its final principal field crop report of the year on Dec. 6. The report is usually […] Read more
Saskatchewan crops battle through moisture
Commodity News Service Canada – Saskatchewan crops are in generally good condition despite recent wet and windy weather, says the Saskatchewan government. In a release, the province said sixty-two per cent of the spring wheat, winter wheat, flax and canola was in good condition as of July 25. Lentils are rated as 15 per cent excellent, […] Read more
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