Chicago | Reuters — U.S. corn futures neared a four-year high on Thursday, buoyed by worries about yield prospects for the delayed crop and firm cash markets, analysts said. Soybeans also advanced as weather worries threatened to curtail U.S. production of the oilseed, and wheat futures followed the firm trend. Chicago Board of Trade July […] Read more
U.S. grains: Corn nears four-year high
Oats market solid, watching weather
MarketsFarm — Tight old-crop supplies are keeping oats prices well supported in Western Canada, although buyers are covered for the time being and waiting for a clearer picture on new-crop production. “It’s tough to find old-crop demand currently, as many larger-scale end-users are covered,” said Ryan McKnight of Linear Grain at Carman, Man. Most buyers […] Read more
Planting progress made in most areas of Ontario
Ontario Field Crop Report for the week of June 10
[UPDATED: June 14, 2019] Significant planting progress was made the end of last week and through the weekend as sunshine and warm temperatures dominated for a string of days. Despite the calendar date and reduced yield potential of later planting, many continued to plant corn noting the competitiveness of returns relative to soybeans. Many areas […] Read more
U.S. grains: Corn, soybeans rally as rains threaten more planting problems
Chicago | Reuters — U.S. grain and soybean futures jumped to their highest levels in more than a week on Wednesday as rains threatened to further delay corn and soy plantings and put crop yields at risk. The gains came a day after the U.S. Department of Agriculture (USDA) on Tuesday cited “unprecedented planting delays” […] Read more
Uneven wheat crop means fusarium control challenges
Wheat plants are at various stages of development in many of this year’s fields
Uneven crop development has made fungicide application a challenge in wheat this year, when fusarium risk is running medium to high across most of the province. The winter wheat crop came out of the winter in poor state, after challenging planting conditions in the late fall. Many farmers elected to keep the crop, but its […] Read more
As Biden tours Iowa, farmers want to know where he stands on ethanol
New York | Reuters — Joe Biden may have an ethanol problem. The former U.S. vice-president has pledged support for advanced biofuels as part of his bid for the 2020 Democratic presidential nomination. But Biden, who leads the crowded Democratic field in opinion polls in Iowa and nationally, faces lingering questions in the U.S. Farm […] Read more
U.S. grains: Corn hits one-week high as USDA cuts yield more than expected
Chicago | Reuters — U.S. corn futures climbed to a one-week high on Tuesday after the U.S. Department of Agriculture (USDA) made a bigger-than-expected cut to its yield estimate due to unprecedented planting delays this spring. USDA, in a monthly report, slashed its corn yield projection by 10 bushels an acre from May, or 5.7 per […] Read more
New marine fuel rules to boost diesel prices for at least a year, analysts say
Houston | Reuters — Global prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulphur marine fuels, and remain higher for at least a year as refiners shift production to make more of the new fuels, analysts said. Marine fuels containing no more than 0.5 per […] Read more
U.S. refiner group sues Trump EPA over E15 gasoline
Reuters — The main U.S. refining industry association said on Monday it sued to block the Trump administration’s effort to expand sales of higher ethanol blends of gasoline, arguing the move exceeded the administration’s authority. The legal challenge from the American Fuel and Petrochemical Manufacturers (AFPM) association escalated a battle between the oil and corn […] Read more
U.S. grains: Corn seesaws, soy rises on planting uncertainty
Chicago | Reuters — U.S. corn futures veered between gains and losses while soybean futures rose on Monday as planting delays fueled uncertainty over the size of the nation’s crops. Heavy rains delayed plantings the spring and traders remain unsure about how many acres of corn and soy will actually be planted and how much […] Read more
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