MarketsFarm — With most of Manitoba’s sunflower harvest believed to be almost complete for 2023, yields have proven to be better than expected, according to Dennis Lange at Manitoba Agriculture. “I’ve heard good comments from some in the industry that the sunflower crop looks pretty good this year,” Lange said, noting Manitoba yields were estimated […] Read more
Manitoba sunflower yields better than anticipated
Some crops may be left over winter
U.S. grains: Chicago soybeans find two-month high
Wheat crop above expectations
Chicago | Reuters — Chicago soybean futures on Monday hit their highest level in some eight weeks on weather concerns in top exporter Brazil and arid conditions in Argentina. Corn futures finished unchanged, while wheat rose slightly as weakness in the U.S. dollar added support to the markets. Traders monitored uneven crop weather in Brazil, […] Read more
ICE weekly outlook: Canola pulling lower
Futures subject to 'financial gravity'
MarketsFarm — Canola futures on the Intercontinental Exchange kicked off the week of Oct. 23-27 with sharp losses, as the most heavily traded January contract busted through its support level of $700 per tonne. Among the reasons for canola’s steep fall, as David Derwin pointed out, were the better than average yields from this year’s […] Read more
CBOT weekly outlook: Seasonal harvest pressure weighs on soy, corn
Soyoil/meal spread worth watching
MarketsFarm — Soybean and corn futures at the Chicago Board of Trade may be hard pressed to move much higher in the short-term, as advancing harvest operations across the U.S. leave the market flush with supplies. However, solid underlying demand should remain supportive on the other side, according to an analyst. “Seasonal harvest pressure is […] Read more
U.S. grains: Corn dips on harvests, technical selling
CBOT soymeal climbs to seven-month high; Chinese ag companies sign U.S. purchase deals
Chicago | Reuters — Chicago Board of Trade corn futures fell for a third straight session on Tuesday and neared a two-week low under pressure from U.S. harvesting and technical selling, analysts said. Wheat futures also eased, while soybeans and soymeal jumped. A quick harvest pace for U.S. corn and soy is expected to continue […] Read more
U.S. grains: Soybean, corn futures weaken as harvests progress
CBOT wheat rises on bargain buying
Chicago | Reuters — Chicago Board of Trade soybean futures finished lower on Monday as advancing U.S. harvests uncovered strong yields and increased farmers’ sales of their crops, analysts said. Pressure from harvests also hung over corn futures. U.S. farmers have finished harvesting 76 per cent of the country’s soybeans and 59 per cent of […] Read more
The best time to manage weeds post-harvest
Reading Time: < 1 minute Fall is a good time to spray perennials and winter annual weed species because pre-winter management can help preserve critical soil moisture for the following spring. Controlling winter annuals when they are small also offers better control. That said, spraying immediately after harvest will not offer the best results. Perennials that are chopped to stubble […] Read more
ICE weekly outlook: Canola looking for a spark
Recent declines in crude oil, diesel seen as bearish
MarketsFarm — The ICE Futures canola market hit its lowest levels in three months on the last trading day of September but has since uncovered some support in the first days of October. Canola “has found a level where it’s stabilized, but there’s not a lot of life right now,” said Ken Ball of PI […] Read more
Pulse weekly outlook: ‘Average’ dry bean crop in Manitoba
Won't be close to last year's 'pretty phenomenal' crop
MarketsFarm — As Manitoba’s pulse harvest neared completion, a provincial pulse specialist says it will vary as to whether dry bean growers are satisfied with the result. Dennis Lange said that 96 per cent of Manitoba’s dry bean crop has already come off the field. In the central region, 97 per cent of its dry […] Read more
Alberta cereals harvest surprisingly resilient
Dryland farmers in the south took a hit, but other regions pulled up the provincial average
Reading Time: 4 minutes Alberta’s cereal crop production wasn’t terrible this year, but only if judging by provincial averages. Alberta Financial Services Corporation publishes the provincial crop report along with field staff at Alberta Agriculture and Irrigation. As harvest unfolds, they’ve seen total yield estimates rise week by week. In its most recent edition, barley yield expectations increased by […] Read more
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