MarketsFarm — Excessive moisture in the eastern Canadian Prairies this spring may cut into pea acres in the region, as producers like to get the crop in the ground early. Canadian farmers intended to plant 3.55 million acres of peas for the 2022-23 crop year, according to a report from Statistics Canada. That would be […] Read more
Pulse weekly outlook: Late Prairie seeding may sway acres out of peas
Farming behind the lines: Growers in Ukraine plant amid hostilities close by
'We started the sowing campaign by removing rockets from the field'
Viktor and Sergiy Shipov are used to adversity. Viktor established a farming company in southern Ukraine 20 years ago, in the Mykolaiv Oblast, where hellish heat and lack of rainfall can make the land look like the Sahara Desert with yellow dunes. This is a corner of the classic Ukrainian steppe, where rainfall is very […] Read more
U.S. grains: Corn, soybeans ease on expected planting progress
Weather in U.S., India, France adds to Ukraine wheat supply fears
Chicago | Reuters — Chicago soybean futures fell on Monday to five-week lows as warmer U.S. weather expedited planting progress, deflating fears of added soybean acres and further cuts to corn plantings, traders said. Wheat remained underpinned by dry conditions in the U.S. and French growing belts, reinforcing global supply concerns. The most-active Chicago Board […] Read more
Alberta seeding ahead of five-year average
MarketsFarm — While spring planting in Alberta is 12.2 per cent complete overall there’s a disparity between the south and the rest of the province. Also, the pace was 2.6 points above the five-year average, but 5.2 behind last year. As of Tuesday, Alberta Agriculture found seeding in the south was at 36.5 per cent […] Read more
Feed weekly outlook: Corn trading higher than barley
Seeding begins in Alberta
MarketsFarm — Imported corn from the U.S. is still the grain of choice for feedlots in southern Alberta, despite the fact feed barley is at a slightly lower price right now. Corn traded on Wednesday at around $480 per tonne ($12.19 per bushel) in Lethbridge, said Jim Beusekom, president of Market Place Commodities in Lethbridge. […] Read more
Seeding already behind in Saskatchewan
MarketsFarm — Saskatchewan Agriculture on Thursday issued its first weekly crop report of 2022, showing only one per cent of all crops in the ground. The report cited cool temperatures and spring snowstorms holding back many farmers getting into their fields. The overall five-year average at this time of year is five per cent complete. […] Read more
ICE weekly outlook: Jittery spring market for canola
MarketsFarm — ICE Futures canola contracts saw a sharp downward correction in early trading days of May, after setting all-time highs in April. While the correction was long overdue, underlying supportive influences remain in place and the market could be due for some sideways trade as participants now wait to get a better handle on […] Read more
CBOT weekly outlook: U.S. spring wheat seeding near standstill
MarketsFarm — A succession of weather events has pretty much brought spring planting in North Dakota and Minnesota to a standstill, according to analyst Tom Lilja of Progressive Ag at Fargo, N.D. The weekly crop progress report from the U.S. Department of Agriculture (USDA) estimated nationwide planting of spring wheat at 19 per cent complete […] Read more
U.S. grains: Corn eases despite slow U.S. plantings
Soybeans, wheat fall but remain above multi-week lows
Chicago | Reuters — Chicago corn futures fell on Tuesday after initial gains, pressured by demand uncertainty despite adverse weather delays to U.S. planting progress, analysts said. Recent rainfall also pressured wheat, despite declining crop conditions, while soybeans moved lower on expectations of increased plantings if corn seedings continue to falter. The most-active corn contract […] Read more
Pulse weekly outlook: Wet weather delays southern Manitoba seeding
Soybeans could take yield hit if planted in June
MarketsFarm — Another blast of heavy precipitation across southern Manitoba, the third in as many weeks, has already delayed seeding for pulses, according to a production specialist. Laura Schmidt, a production specialist for Manitoba Pulse and Soybean Growers, said the 40 to 50 millimetres of rain across the region on April 29-30 all but guaranteed […] Read more
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