Chicago | Reuters — U.S. soybean futures rose for the first time in three sessions on Friday as a rainy Midwest forecast fueled worries about harvest delays and potential damage to some crops. Wheat edged higher as rising global prices stirred optimism about a pickup in demand for U.S. wheat. Corn futures ended near unchanged […] Read more
U.S. grains: Soybeans rise as wet Midwest weather seen halting harvest
It was more Standstill than September for many
Many weren’t able to ‘turn a wheel’ during what should be the golden days of autumn
Reading Time: 4 minutes It was a September that will be remembered for all the wrong reasons. “Harvest is at a standstill and it’s been that way for about three weeks now,” Alberta Wheat chair Kevin Bender said as the month came to a close. “For the most part, guys haven’t been able to turn a wheel yet.” Bender, […] Read more
Opinion: A cheerful wave or sympathetic ear this harvest season really does help
A little empathy will be much appreciated during this year’s long and difficult harvest
Reading Time: 2 minutes Please don’t read this as a complaint; this isn’t meant to be a complaint. With the recent snows in Alberta over the past two weeks, there are a lot of farmers on edge. So many farmers haven’t even turned a wheel in their fields, or if they have, they are either drying their grain or […] Read more
ICE weekly outlook: Soyoil, not weather, main influence on canola
CNS Canada — Wet and snowy weather now plaguing the Prairies isn’t to blame for the canola market’s recent upswing, according to one trader. “Canola’s been firm but it really hasn’t shown any reaction whatsoever to the weather; it’s going up because bean oil’s going up and it’s lagging the bean oil gains by quite […] Read more
CBOT weekly outlook: Yield expectations limit upside for corn, soy
CNS Canada — Soybean and corn futures at the Chicago Board of Trade may be finding some short-term support from harvest delays across the U.S. Midwest, but expectations for large crops overall should limit the upside for prices going forward, according to an analyst. “The highs could be in right now,” said Rich Feltes of […] Read more
U.S. grains: Soybeans, corn ease in technical setback
Chicago | Reuters — U.S. soybean futures eased on Wednesday in a technical selling setback following two days of gains despite concerns that rainy weather in parts of the Midwest would delay harvesting and possibly damage some crops. Corn futures also fell as technical selling more than offset support from strong demand and potential harvest […] Read more
U.S. grains: Soy, corn firm as rain stalls Midwest harvest
Chicago | Reuters — U.S. corn and soybean futures firmed for a second day on Tuesday on expectations for improved demand following a recent price slump and as a rainy weather outlook for the Midwest threatened to stall harvesting. Futures jumped sharply on Monday on news of a newly negotiated U.S.-Mexico-Canada Agreement (USMCA), a replacement […] Read more
U.S. grains: Bigger-than-expected supplies knock down prices
Chicago | Reuters — U.S. grain futures slumped on Friday after the U.S. Department of Agriculture said farmers and crop handlers had more supplies in storage than analysts expected. The bigger-than-expected inventories from previous harvests add to an oversupply as U.S. farmers are starting to bring in another massive corn and soybean crop from their […] Read more
Rain, hail, sleet, snow chill harvest progress
Alberta crop conditions as of September 25, 2018
Reading Time: < 1 minute The wet cold front experienced over the last couple of weeks seems to have stationed itself in the province bringing rain, hail, sleet, and snow with it. Much snow has melted on initial contact, while a few grassy areas saw small amounts of accumulation. Optimistically, the early September snowfall experienced in parts of the province […] Read more
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
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