Canadian fertilizer prices are expected to increase as spring draws nearer, according to industry professionals. “The further you buy out from spring, the prices tend to be a little bit lower. In making your commitments early, prices tend to edge up as you get closer to spring,” said Don Kitson of International Raw Materials Inc. […] Read more
Fertilizer prices likely to increase
China has shifted focus and is buying more than in previous years
USDA predicts larger world grain/oilseed stocks
Global soybean, corn and wheat ending stocks for the 2018-19 marketing year were all larger than earlier expectations, according to the latest World Agriculture Supply and Demand Estimates (WASDE) report from the United States Department of Agriculture (USDA). In a report released last December, the USDA raised its global soybean ending stocks forecast for 2018-19 […] Read more
Ag Economy Barometer volatile, drops to two-year lows
American farmers indicated trade uncertainty and potential oversupply were major worries
A so-called Ag Economy Barometer, a reading of American producer sentiment, has fallen to its lowest level since October 2016. The barometer, a project of Purdue University and the CME Group, fell 15 points in September to 114 from an August reading of 129. The Ag Barometer is an index based on a survey of […] Read more
Stripe rust research breakthrough in wheat announced
For the first time, scientists have isolated genes that show major resistance to stripe rust, a disease that has devastated crops worldwide. Researchers working together at several locations around the world have cloned rust-resistance genes: Yr7, Yr5 and YrSP. Why it matters: It’s hoped these genes can next be used in wheat-breeding programs to help […] Read more
North Dakota bean acreage down, as crops get off to good start
Hotter-than-normal temperatures have created concern in leading U.S. edible bean-producing state
The dry edible bean crop in North Dakota is shaping up well, according to Tom Kennelly, president of Northarvest Bean Growers Association. “But there are spots that got adequate moisture and there are still spots that are waiting on timely rains,” he said, from his farm near Grafton, N.D. North Dakota is by far the […] Read more
Cyber-Savvy Farmer
