MarketsFarm — There were few notable changes in the latest monthly supply-and-demand report from the International Grains Council (IGC) on Thursday. One of the more significant alterations was its 1.42 per cent increase to total global production from that in 2019-20, at nearly 2.216 billion tonnes. It also raises its estimate for this marketing year’s […] Read more
Few alterations seen in new global supply/demand report
IGC expecting more corn grown this year
Arkansas confirms first-ever glufosinate-resistant broadleaf
Researchers find Palmer amaranth strains in two counties
Researchers in the southern U.S. have found what they say is the first broadleaf weed in the world to beat the active ingredient in BASF’s Liberty herbicide. The University of Arkansas last week announced its ag researchers had found glufosinate-resistant Palmer amaranth in crops in two eastern Arkansas counties across the Mississippi River from Memphis. […] Read more
Seven tips for successful pulse and soybean crop disease management
Whether you’ve been farming five years or 50, specialists from across the Prairie provinces offer up their best tips for you to manage disease in your pulse and soybean crops.
ICE weekly outlook: Volatility day-to-day in bullish canola market
MarketsFarm — The ICE Futures canola market saw some large price moves during the week ended Wednesday, hitting fresh contract highs in many months before profit-taking came forward to weigh on values. With canola trading at historically high price levels, the potential volatility in the marketplace can go to extreme levels without much explanation, analyst[...]
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ICE weekly outlook: Potential remains for higher canola prices
MarketsFarm — Canola prices fell back during the course of the last week, but should begin to move higher going into the coming week, according to trader Ken Ball of PI Financial in Winnipeg. Canola likely “reached the top” last week with profit-taking having set in, he said, noting a lot of money pours into[...]
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ICE weekly outlook: WASDE spillover boosts canola
Canola may soon become price-sensitive, analyst says
MarketsFarm — Sharp increases in soybean, corn and wheat futures on Tuesday, following the release of the latest supply and demand report from the U.S. Department of Agriculture (USDA), in turn spilled over into canola. The most significant factors in USDA’s world agricultural supply and demand estimates (WASDE) were further reductions to ending stocks for[...]
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Argentine soy crushing operations normalize after 20-day labor strike
Buenos Aires | Reuters – Argentine soymeal and soyoil factories went back into production on Wednesday after a 20-day strike by oilseed workers was ended late the night before by a new wage contract for the coming year, union and industry sources said. The deal, following a more than 10-hour negotiation session hosted by the[...]
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2020 grain market review: The year that felt like a decade
MarketsFarm – The column in this space a year ago led with the line ‘the more things change, the more they stay the same.’ That line was a jumping off point for a decade-in-review piece pointing out some of the through lines of the grain markets during the previous ten years. Well, the pandemic hit[...]
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Canadian canola crush running strong
Canada’s canola crush is running slightly ahead of the year ago level, according to updated data from Statistics Canada. With 917,992 tonnes of the oilseed crushed in November, the 2020/21 (Aug/Jul) crop-year-to-date total of 3.465 million tonnes compares with the 3.309 million tonnes processed during the same timeframe the previous year. The November canola crush[...]
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A deep market dive shows things are golden for canola
Top global authority on edible oil market sees strong demand continuing
Reading Time: 4 minutes Global prices for edible oil and meal have “virtually exploded” in recent weeks — good news for Canadian canola growers hoping to tap into the European market. “The average edible oil price, as well as the average oil meal price, are currently almost 40 per cent above the latest five-year average,” said Thomas Mielke, executive[...]
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Cyber-Savvy Farmer
