MarketsFarm — While Argentina is headed to one of its worst soybean harvests in decades, the U.S. Department of Agriculture (USDA) attaché in Buenos Aires projects a huge turnaround in 2023-24. Argentina is the world’s third-largest grower of soybeans — a fair amount less than Brazil and the U.S., but a lot more than other […] Read more
Argentina soybeans expected to go from horrible to great
El Nino expected to improve growing conditions
Vast tracts of drought-hit Argentine soy fields seen going unharvested
Yet more cuts to production possible
Buenos Aires | Reuters — Argentina’s Buenos Aires grains exchange on Thursday said farmers would likely leave large tracts of soy fields unharvested due to damage from a historic drought, which could lead to more cuts to its 25 million-tonne production forecast. Argentina is the world’s top exporter of soybean oil and meal, but its […] Read more
The winter corn harvest symbolizes Ukrainian endurance
The challenges faced by farmers never end, but they always find a way around them
Reading Time: 4 minutes Have you ever seen combines in the middle of January going into a field? And behind them huge disc harrows? It’s no wonder that this year Ukrainian farmers use some warm days in the middle of winter to harvest corn. After almost a year of war, thousands of combine harvesters were destroyed or stolen by […] Read more
U.S. grains: Soy sags as Brazil’s harvest looms
Wheat mixed, corn ends firm
Chicago | Reuters — U.S. soybean futures fell about one per cent on Wednesday as traders focused on the expanding harvest of a likely record-large soy crop in Brazil and positioned for the U.S. Federal Reserve’s decision on interest rates, analysts said. Wheat futures ended mixed, with the most-active March contract down on profit-taking, while […] Read more
Pulse weekly outlook: Chickpea prices up ahead of India harvest
Early outlook calls for more Canadian acres in 2023
MarketsFarm — Western Canadian chickpea prices are still on the rise while prices for other pulse crops are coming down as supply increases. High-delivered bids for Kabuli and B-90 types of chickpeas rose four cents per pound over the past week, according to Prairie Ag Hotwire on Jan. 23. As a result, the nine- and […] Read more
Worst drought in decades sees Argentina exchange slash soy, corn forecasts
Buenos Aires | Reuters — Argentina’s Rosario Grains exchange sharply cut its forecast for the 2022-23 soybean harvest to 37 million tonnes from a previous forecast of 49 million, it said on Wednesday, as the country faces its worst drought in 60 years. The exchange also slashed its 2022-23 corn harvest estimate to around 45 […] Read more
Excess crop residue a yield-robbing issue on many farms
It’s a problem everywhere – mismatched choppers and harrows that don’t fix the problem, says agronomist
Reading Time: 4 minutes Throughout his travels as a consultant, Phil Needham has noticed producers continue to struggle with residue management to the detriment of crop emergence, plant counts and yield. Many residue management woes come down to two pieces of equipment: harrows and mismatched choppers on combines, said Needham, who operates an agronomy services company in Kentucky. “I […] Read more
Pulse weekly outlook: 2022 a ‘good year’ for Manitoba pulses, soy
MarketsFarm — Despite a rough start to southern Manitoba’s growing season, Manitoba Pulse and Soybean Growers executive director Daryl Domitruk was content with how 2022 came to pass. “For pulses and soybeans, it was generally a good year as a result of some very good yields in soybeans and some quite good yields in dry […] Read more
Large gap between StatCan, USDA canola estimates
USDA sticks closer to StatCan expectations on wheat
MarketsFarm — There’s a significant difference in the amount of canola grown in Canada during 2022-23, in the estimate from Statistics Canada (StatCan) compared to that from the U.S. Department of Agriculture (USDA). Earlier in December, StatCan’s survey-based production of principal field crops report pegged this year’s canola harvest at 18.17 million tonnes. That’s a […] Read more
Manitoba nets average crops in 2022 after wet spring
MarketsFarm – Wet spring conditions delayed seeding operations across much of Manitoba to start the 2022 growing season, but warm summer conditions allowed for good development with yields for most crops showing a marked improvement over the drought-stricken 2021 harvest, according to the final crop report of the season from Manitoba Agriculture. On a crop-by-crop […] Read more
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