Chicago | Reuters — Chicago Board of Trade (CBOT) grain and soybean futures closed lower on Tuesday as the dollar rallied and broad-based selling hit a range of markets, analysts said. Oil prices also tumbled, pressured by a gloomy economic outlook, while U.S. stocks struggled. Gains in the dollar made U.S. commodities, including farm products, […] Read more
U.S. grains: Wheat, corn, soybeans sag as traders reduce risk in new year
Stronger U.S. dollar pressures grain futures
Bolivia farm region blocks borders, grain transport in protests
Santa Cruz/La Paz | Reuters — Protesters in Bolivia’s farming region of Santa Cruz are blocking highways out of the province, threatening to snarl the domestic transport of grains and food, as anger simmers following the arrest of local governor Luis Camacho. The region, a stronghold of the conservative opposition to socialist President Luis Arce, […] Read more
No leadership change prior to grain groups’ merger
Reading Time: < 1 minute Alberta Barley’s senior leaders are staying on as the farm group heads toward amalgamation with Alberta Wheat. Following its AGM earlier this month, the organization said Acme producer Tara Sawyer is staying on as chair and Roy Newman, who farms in the Blackie area, will continue to serve as vice-chair. “During this critical time period […] Read more
U.S. grains: Soybeans post fourth straight annual gain on supply concerns
Weather concerns, farmer selling give wheat, corn prices a boost
Chicago | Reuters — Chicago soybeans rose on Friday and posted a sharp yearly rise, amid strong export demand and as drought in major exporter Argentina keeping the focus on supply tensions in the oilseed market. Concerns over drought in Argentina, the world’s largest exporter of soyoil and soymeal, and strong export demand drove Chicago […] Read more
CBOT weekly outlook: Grains show strength as 2022 comes to close
MarketsFarm — Despite lighter trading on the Chicago Board of Trade (CBOT) due to the holiday season, grain markets were still on the move before and after Christmas. Ryan Ettner, a commodity broker for Allendale Inc. at McHenry, Ill., said that while most high-volume traders will still be away for the next few days, there […] Read more
CBOT weekly outlook: U.S. winter wheat to feel the cold
Crop off to 'a really bad start'
MarketsFarm — With frigid weather coming out of the Arctic, across the Canadian Prairies and into the U.S., there has been an upswing in wheat prices at the Chicago Board of Trade (CBOT). Prior to Christmas Day, temperatures are expected to fall as cold as -40 C in the northern Plains to below freezing in […] Read more
U.S. grains: Wheat climbs on winterkill worries
Corn, soy firm on South American dryness
Chicago | Reuters — Chicago wheat futures climbed on Wednesday, as forecasts for temperatures well below freezing across the U.S. Midwest threatened winter crops heading into the holiday weekend. Corn and soybeans inched higher, supported by firmer wheat and weather conditions in South America. The most-active wheat contract on the Chicago Board of Trade (CBOT) […] Read more
Trial examines plant growth regulators under real-life conditions
There was a reduction in lodging but PGR effectiveness depends on the product, variety and location
Reading Time: 4 minutes Do plant growth regulators reduce lodging in wheat? They had an impact, but not a huge one, in an on-farm field trial done under the Plot2Farm program this year. “What we’ve seen is that they are not a silver bullet when it comes to lodging,” said Jeremy Boychyn, agronomy research extension manager for Alberta Barley […] Read more
Top quality wheat crop this year
Reading Time: < 1 minute A high proportion of this year’s wheat crop is of “excellent quality,” falling into the top two grades, with high protein content across all Canadian wheat classes, says Cereals Canada and the Canadian Grain Commission. The New Wheat Crop Report says more than 90 per cent of both Canada Western Red Spring and Canada Prairie […] 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