MarketsFarm — There will be sharp increases in the United States’ 2020-21 corn production — and especially in ending stocks, according to the latest monthly supply and demand report from […] Read more
Corn
U.S. corn production expected way up in USDA’s May WASDE
U.S. grains: Soybeans up on export demand
USDA data awaited
Chicago | Reuters — U.S. soybean futures firmed on Monday, reaching a 3-1/2 week high on fresh export sales to top global buyer China, traders said. Corn and wheat futures […] Read more
Funds cover canola shorts, but still bearish on corn
MarketsFarm — Speculators reduced their net short position in canola during the first week of May and added to their net long position in soybeans, while placing fresh bearish bets […] Read more
U.S. grains: Soybeans climb on Chinese buying ahead of crop report
Wheat wrestles with demand concerns, weather woes
Chicago | Reuters –– Chicago soybean futures climbed for a second session to a three-week high on Friday as Chinese buying underpinned prices and traders squared positions ahead of a […] Read more
Feed weekly outlook: Overwintered barley beats expectations
MarketsFarm — Last fall’s remaining barley crops coming off the field this spring were at risk of causing a supply glut in feed grain markets. Luckily, however, those overwintered barley […] Read more
Adjustments likely ahead for StatsCan’s early acreage estimates
Projections still in line with grain trade's expectations
MarketsFarm — The results of the first acreage estimates for 2020 from Statistics Canada come with an asterisk, as the COVID-19 pandemic halted data collection early. Canada’s actual seeded area […] Read more
U.S. grains: Futures rebound on Chinese buying, Midwest frost concerns
Freezing forecast raises concern about Midwest crops
Chicago | Reuters — U.S. grain and soybean futures prices rebounded on Thursday on renewed Chinese buying of corn and soy and as forecasts for sub-freezing temperatures across the country […] Read more
Cool temps delay germination, crop emergence
OMAFRA Field Crop Report for May 7
Air temperatures for the week of May 4th were below the seasonal average. This has slowed soil warming and while not hindering planting, it is delaying germination and emergence of seeded […] Read more
Nutrien cuts 2020 forecast as corn demand, potash prices hit
Reuters — Fertilizer maker Nutrien said Wednesday it has seen limited impact from the COVID-19 outbreak, but cut its annual forecast as oil downturn hit corn demand and potash prices […] Read more
Trade estimates vary ahead of StatsCan’s acreage report
MarketsFarm — Opinions are wide-ranging on what Canadian farmers plan to plant in 2020, ahead of Statistics Canada’s first round of acreage estimates, due out Thursday. Prior to lockdown measures […] Read more
Cyber-Savvy Farmer
