Mixed weather conditions across Manitoba over the Canada Day long weekend left some regions of the province dealing with excess moisture, with high winds and cool temperatures also affecting crop development, according to the latest provincial crop report.
Soybeans
Manitoba crop weather/conditions varied
U.S. grains: Corn, soy futures rise on technical trading, weather questions
Chicago corn futures extended gains on Tuesday on short-covering and U.S. crop condition questions, while soybean prices also turned higher on technical trading and unfavorable weather in some soybean growing areas of the central U.S., traders said.
Increased soybean output to come for Brazil
Ahead of the July supply and demand report from the United States Department of Agriculture, its attaché in Brasilia projected larger soybean production in 2024/25. However, the attaché pegged their soybean estimates below the USDA’s official numbers.
U.S. grains: Corn tumbles to contract lows on additional US corn acres
Chicago September corn CU24 plunged on Friday to contract lows after U.S. Department of Agriculture data showed far more acres planted with the grain than expected due to favorable spring weather.
U.S. corn acres, grain stocks higher than expected
The planted area for U.S. corn in 2024 was determined to be 91.5 million acres, greater than the March USDA estimate of 90.04 million as well as the trade’s average guess of 90.35 million. However, the figure was nowhere close to last year’s acreage total of 94.64 million. After the release of the report, corn prices at the Chicago Board of Trade (CBOT) reacted bearishly with contracts losing more than 20 U.S. cents per bushel.
U.S. grains: Wheat rallies on strong demand ahead of acreage report
Chicago wheat futures surged on Thursday, recovering from a string of retreats on bargain buying and strong export demand, analysts said.
Canadian farmers plant more canola, less wheat than early intentions
Canadian farmers planted more canola and less wheat than originally intended, according to updated acreage estimates from Statistics Canada, released June 27.
Global agreement targets illegal seeds
SEED | More connections among enforcement groups aims to reduce illegal seed use
A memorandum of understanding, signed at the World Seed Congress in the Netherlands, is aimed at fighting the illegal use of seed.
Soybean planting extension granted
Agricorp is extending the soybean planting deadline for areas of Ontario from June 30 to July 2. Essex, Chatham-Kent, Lambton, Elgin, Middlesex, Norfolk, Haldimand, Brant and Niagara counties were provided […] Read more
Ontario crop trends show growth through ups and downs
The 2024 Ontario crop yields, based on how those average yields have evolved over time, are projected to be 176.1 bu./ac. for corn, 49.1 for soybeans, and 91.5 for winter wheat. These trend estimates are based on “normal” weather conditions and actual yields will depend on rainfall and temperature during the growing season.