Canadian farmers are expected to cut back the summerfallow allocation and put more acres in production this spring, planting more of those acres in oilseeds and fewer in grains and pulses. Agriculture and Agri-Food Canada’s market analysis group on Monday released an outlook for principal field crops which, assuming a return to average or trend […] Read more
Federal forecast sees more oilseed acres, less in grains
Top three marketing resolutions for 2017
This year, instead of making a New Year’s resolution to lose some weight or save some money, consider resolving to improve your marketing plan. PI Financial’s David Derwin has three simple marketing resolutions to get you started.
ICE weekly outlook: Canola watching South America
CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, breaking below some chart resistance levels in the process. The chart pattern is turning flat, however, and further moves will likely depend on outside factors. Speculators have moved to the short side in the canola market, which accounted for some[...]
Read more
Read more
First soy seed treatment cleared against SDS
A Bayer CropScience fungicide is being pressed into service against sudden death syndrome (SDS) in Canadian soybeans. Bayer on Monday launched a new soybean seed treatment dubbed ILeVO, a suspension containing its Group 7 fungicide fluopyram at a rate of 600 grams per litre. ILeVO will be the first soybean seed treatment registered for use[...]
Read more
Read more
USDA boosts crop yield forecast
Washington/Reuters – The U.S. Agriculture Department raised its already record-high forecast for U.S. corn and soybean harvests Nov.9, with gains keyed by increased yield estimates in major production states such as Iowa, Minnesota and Ohio. The bumper harvest will leave a larger-than-expected stockpile of both commodities even with increased usage forecasts, the government said in[...]
Read more
Read more
ICE weekly outlook: Canola faces supply questions
CNS Canada — ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as persistent weather problems in Western Canada and gains in world vegetable oil markets provided support. “The most important variable for the canola market is trends in the global vegetable oil markets,” said Mike Jubinville of ProFarmer Canada, noting tight[...]
Read more
Read more
ICE weekly outlook: Canola watches weather amid uptick in price
CNS Canada –– Canola futures burst through the psychologically-important $500 per tonne mark during the week ended Wednesday, but now face a critical juncture as weather and time will dictate how much of the remaining crop farmers can get off before winter. “Harvest prospects don’t look that great right now as it doesn’t dry up[...]
Read more
Read more
Soybeans trip up top traders, prompt rare offer to U.S. farmers
Chicago | Reuters — Two of the world’s biggest agricultural trading houses bungled crop sales they made on behalf of U.S. farmers this year because of what one described as “unique” price moves for soybeans, prompting both to take rare steps to keep disgruntled customers. Every year, hundreds of U.S. farmers trust major grain traders,[...]
Read more
Read more
China backs GMO soybeans in push for high-tech agriculture
Beijing | Reuters — China will push for the commercialization of genetically modified soybeans over the next five years as it seeks to raise the efficiency of its agriculture sector, potentially boosting output of the crop by the world’s top soy importer and consumer. China, which has spent billions of dollars researching GMO crops, has[...]
Read more
Read more
Ontario farmers ready for Roundup Ready 2 Xtend soy
CNS Canada — Soybean producers in Ontario are eager to start planting next season with new ammunition against Canada fleabane. Monsanto’s Roundup Ready 2 Xtend soybeans, genetically modified with a tolerance to dicamba and glyphosate herbicides, were recently approved for import by the European Union. Monsanto planned to introduce Xtend soybeans in Canada for the[...]
Read more
Read more
Cyber-Savvy Farmer
