MarketsFarm — Early indications point to a much larger spring wheat crop in the United States in 2022 compared to the drought-stricken 2021 crop despite the late seeding, according to the latest production estimates from the U.S. Department of Agriculture. In USDA’s first official production estimates of the growing season breaking out the different wheat […] Read more
Larger spring wheat crop expected in U.S.
USDA expects reduced total worldwide wheat crop
U.S. grains: Wheat eases on harvest pressure
Nearby corn firms, July soybeans also lower
Chicago | Reuters — U.S. wheat futures ended lower on Wednesday, led by K.C. hard red winter wheat, as the harvest progressed and forecasts signalled continued dry weather for combines rolling in the southern Plains, traders said. Corn futures closed mixed, with strong domestic cash markets supporting nearby July futures on the Chicago Board of […] Read more
Spring planting well underway in Ontario
MarketsFarm — Farmers are well into seeding their crops for 2022, according to Wednesday’s crop report from Ontario’s Ministry of Agriculture, Food and Rural Affairs (OMAFRA). The report noted planting of corn, soybeans and spring cereals started late last week — the exception being where there are heavier soils. OMAFRA projected planting could be 80 […] Read more
Not warm enough yet for accurate read on Ontario winter crops
MarketsFarm –– The crop report on Wednesday from Ontario’s ministry of agriculture, food and rural affairs (OMAFRA) notes a lack of temperatures warm enough to accurately assess winter crops and/or to begin spring planting. OMAFRA determined winter wheat that was seeded on time looks healthier than what was planted later in the fall. Also, water […] Read more
Yield contest aims to make every grower a winner
Ontario and two American states launch their version of Yield Enhancement Network
Reading Time: 4 minutes A wheat-growing competition that started in the U.K. has crossed the Atlantic with the promise of helping farmers increase their yields. Started by a British agricultural consultancy a decade ago, a Yield Enhancement Network — or YEN — uses an annual competition as a learning tool by having participating farmers share field data. Computer modelling […] Read more
U.S. grains: Soy, corn set multi-month highs
South American crop uncertainty, chart-based buying are factors
Chicago | Reuters — U.S. soybean futures closed higher on Friday, hitting a 2-1/2 month top on worries about South American crop weather coupled with chart-based buying, traders said. Corn futures set a four-month high near $6 a bushel and wheat followed the firm trend (all figures US$). Chicago Board of Trade January soybeans settled […] Read more
Recent rains boost winter wheat prospects
Even if their ground is still dry, some growers may seed winter wheat and cross their fingers
Reading Time: 4 minutes Recent rainfall across Alberta may have more producers considering winter wheat this year. “With the rains we’ve had lately, there are people who are still optimistic about putting in some winter wheat this year,” Gary Stanford said on Aug. 25, following a week that brought about an inch and a half of moisture to his […] Read more
U.S. grains: CBOT wheat snaps winning streak
Chicago corn, soybeans also fall
Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures plunged 2.6 per cent on Thursday, snapping a six-session streak of gains as traders locked in profits from the rally. Soybean futures were down two per cent, with the latest weather forecasts showing that some timely rains will arrive in key growing […] Read more
U.S. grains: Corn, soy fall as Midwest rains seen boosting crop health
CBOT September wheat down, MGEX September wheat up
Chicago | Reuters — Forecasts for rain in the U.S. Midwest pushed corn and soybean futures lower on Tuesday, traders said. New-crop December corn, which tracks the crop that farmers will harvest in the fall, notched the biggest decline. The contract sagged 3.2 per cent as the storms are expected to provide a much-needed boost […] Read more
U.S. grains: Corn, soy sag as crop weather outlook improves
Moisture stress remains in parts of Corn Belt
Chicago | Reuters — U.S. corn futures fell by almost four per cent on Monday on forecasts for improving crop weather in the Midwest, including cooler temperatures and beneficial rains late this week, analysts said. Soybeans fell more than two per cent and wheat followed the weaker trend as the U.S. winter wheat harvest got […] Read more
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