The economic parallels from the COVID-19 epidemic are quickly changing from comparisons to the recent financial crisis in 2008-09 to the Great Depression. My parents and grandparents lived through the […] Read more
Corn
Burnett on Markets: Global grain stocks offer false sense of food security
In event of production shortfall, 60 per cent of available stocks would never be available to market
U.S. grains: Chicago wheat stabilizes
Corn steady after lows; soybeans continue to slip
Chicago | Reuters — Chicago wheat futures rose on Friday, as traders wrestled with conflicting signals — from concerns over export demand of U.S. crops to the potential of weather […] Read more
Funds add to net short position in canola
MarketsFarm — Fund traders put more new bearish bets on canola in the second week of April, adding to their net short position, according to the latest commitment of traders […] Read more
2020 crop season kicks off for Ontario farmers
OMAFRA Field Crop Report for April 16
The 2020 growing season has begun in Ontario with nitrogen applications being made to winter wheat, manure being applied and even corn being planted! Many have reported field conditions to […] Read more
Province extends pesticide applicator certificates
In-person recertification programs were cancelled so some had certificates expiring
Farmers with expiring pesticide applicator or vendor certificates can use their certificates as usual until the end of 2020. In light of the ongoing pandemic, farmers who need to renew […] Read more
COVID-19 spurs new clash between Big Oil, Big Corn
Flagging consumption leads to pressures on U.S. fuels, biofuels
New York | Reuters — A fuel demand meltdown caused by the coronavirus outbreak in the United States has started up a new fight between the oil and agriculture industries […] Read more
Feed weekly outlook: Prices steady, demand quiet
MarketsFarm — Demand for feed grains has slowed down on the Prairies due to uncertainty in cattle markets posed by the COVID-19 pandemic. Many cattle processing and packing plants across […] Read more
U.S. grains: Wheat slumps after Egypt again passes on U.S. product
Soybeans slip on low exports, livestock feed worries
Chicago | Reuters — U.S. wheat futures retreated on Thursday as worries over favourable weather dissipated and demand concerns resurfaced after top importer Egypt passed on U.S. wheat in a […] Read more
U.S. grains: Corn futures set 3-1/2 year low as ethanol output tumbles
Soy futures consolidate after 3-1/2 week low
Chicago | Reuters — U.S. corn futures dropped to their lowest level in about 3-1/2 years on Wednesday as weekly ethanol output set a record low, reflecting weak demand for […] Read more
CBOT weekly outlook: Poor ethanol demand weighing on corn
MarketsFarm — Losses in crude oil and ethanol have weighed heavily on grain and oilseed markets, with Chicago Board of Trade corn falling to fresh contract lows Wednesday. General uncertainty […] Read more
Cyber-Savvy Farmer
