MarketsFarm — Tight old-crop supplies and mounting weather concerns over new-crop production are keeping feed grain prices well supported in Western Canada as end-users work to ration supplies. “We’ve seen a very real weather market emerge in the last few weeks,” said Brandon Motz of CorNine Commodities at Lacombe, Alta., pointing to wet conditions hampering […] Read more
Feed weekly outlook: Barley bids rise on weather woes, tight old-crop supplies
U.S. grains: Wheat rebounds on weather abroad
Chicago | Reuters — Chicago wheat futures rose on Thursday, rebounding after two days of deep losses, with support from dry weather that is expected to reduce yields in Russia and Australia. Traders said they are monitoring wet conditions in the southern U.S. Plains and Midwest that threaten winter wheat quality, as well as the […] Read more
Sunflowers doing well despite drought
MarketsFarm — Though many producers bemoan current drier-than-normal springtime conditions across the Prairies, sunflower crops are primed for a good year. “As long as there’s enough moisture to germinate, they immediately grow a really deep root system,” said Ben Friesen of Scoular Canada. While Statistics Canada estimated the 2019 sunflower acreage to remain pretty much […] Read more
Canadian crop development behind average
MarketsFarm — Crop development is running behind average across much of Canada, with excessive moisture delaying seeding in Ontario and dryness slowing crop development across the Prairies. That’s according to the latest satellite data from the federal Crop Condition Assessment Program (CCAP), created in partnership between Statistics Canada and Agriculture and Agri-Food Canada. Crop development […] Read more
U.S. grains: Corn, soy rise as report shows rain slows plantings
Chicago | Reuters — Chicago Board of Trade (CBOT) corn futures rose on Tuesday to revisit last week’s three-year highs after the U.S. Department of Agriculture said U.S. planting was well behind the average pace for this time of year following repeated rainfall. Soybeans rose too as rain also slowed U.S. sowings, according to the […] Read more
Major crops in Alberta nearly all seeded, pastures see delayed growth
Alberta Crop Report: Conditions as of May 28
Reading Time: 4 minutes Relatively good weather over the past week has resulted in good seeding progress. As of May 28, provincially about 91 per cent of major crops have been seeded, compared to 72 per cent a week ago and the 5-year average (2014-2018) of 79 per cent. Regionally, seeding progress was most advanced at 95 per cent […] Read more
Trump lifts curbs on E15 gasoline
Washington | Reuters — The Trump administration on Friday lifted restrictions on the sale of higher ethanol blends of gasoline, keeping a campaign promise to farmers suffering from the trade war with China but inviting a legal challenge from the oil industry. The announcement allows gasoline stations to sell blends containing up to 15 per […] Read more
U.S. grains: Corn hits three-year high as planting delays prolonged
Chicago | Reuters –– U.S. corn futures surged 4.1 per cent to their highest levels in nearly three years on Tuesday, supported by planting delays across key growing areas of the U.S. Midwest following heavy rains, traders said. The adverse weather in the Midwest and Plains also fuelled rallies in the soybean and wheat markets […] Read more
Prairie dryness concerns to persist
MarketsFarm — Large areas of Western Canada remain on the dry side, with little moisture in the immediate forecasts. And while it’s still early in the growing season, the interplay of conflicting patterns from the south and north will determine whether the dry areas receive timely precipitation during the growing season. “We are looking at […] Read more
Dry weather sees good seeding progress
Alberta Crop Report: Conditions as of May 21, 2019
Reading Time: 4 minutes Since April 1, the western parts of the province received at least 40 mm of accumulated precipitation, while areas in the northern parts of the Peace Region, eastern parts of the North West, most parts of the Central, and eastern parts of the Southern Region have seen less than 20 mm of rain. Frost was […] Read more