MarketsFarm — The Foreign Agricultural Service of the U.S. Department of Agriculture (USDA) released its weekly Global Agricultural Information Network (GAIN) reports on Wednesday, including new information regarding oilseeds in India and Japan. Oilseed production in India is projected to increase by one per cent at 42.1 million tonnes in 2022-23, according to FAS New […] Read more
USDA reports offer new oilseed insights from India, Japan
Australian canola production heading downward, but still sizeable
New second-biggest harvest expected, USDA predicts
MarketsFarm — Despite canola production in Australia being set to drop 26 per cent in 2022-23, the country’s farmers are still projected to harvest the second largest crop, according to the U.S. Department of Agriculture’s attaché in Canberra. In the attaché’s report, released Monday, canola production for the coming crop year was projected to be […] Read more
Soybeans to gain, corn to lose U.S. acres, USDA report predicts
MarketsFarm — More soybean acres are projected to be seeded in the United States this year, while fewer corn acres will be planted according to a report that has surprised analysts. The U.S. Department of Agriculture (USDA) released its survey-based Prospective Plantings report on Thursday and the projected acreage numbers for two of the country’s […] Read more
Indonesia palm oil production to rise, USDA attache says
MarketsFarm — There’s to be a small increase in palm oil production in Indonesia in 2022-23, according the U.S. Department of Agriculture’s attaché in Jakarta. The attaché pegged palm oil output to rise by 1.1 per cent at 46 million tonnes due to favourable weather and higher prices for producers. Also, the attaché revised 2021-22 […] Read more
Oil content of Canada’s canola well below average in 2021
MarketsFarm — The average oil content of Canada’s canola crop came in well below normal in 2021-22, according to the final quality report for the year from the Canadian Grain Commission (CGC). The average oil content came in at only 41.3 per cent for the year, which compares with 44.1 per cent the previous year […] Read more
Environment Canada calls for colder-than-normal Prairie spring
MarketsFarm — Colder-than-normal temperatures are in the long-range forecast across most of the Canadian Prairies, according to the latest long-range outlook from Environment Canada. The latest seasonal forecast from the government agency, released Monday, calls for a 40-50 per cent chance of below-normal temperatures from March through May for most of the three Prairie provinces, […] Read more
Early USDA forecast points to record-large 2022 soybean crop
MarketsFarm — Farmers in the U.S. could grow a record-large soybean crop in 2022, according to early predictions from the U.S. Department of Agriculture released at their annual Agricultural Outlook Forum (AOF) on Thursday. The government agency forecast soybean plantings in the country at 88 million acres, which would be up by 800,000 from the […] Read more
Flooding in Manitoba hinges on coming spring melt
MarketsFarm — Manitoba’s Hydrologic Forecast Centre (HFC) released an initial spring flood outlook report Friday citing the risk of moderate to major flooding in most the province’s southern basins. Transportation and Infrastructure Minister Doyle Piwniuk said the amount of flooding will depend on weather conditions from now until spring melt. The HFC advised that, while […] Read more
Thunder Bay shipping season wraps up
MarketsFarm — The last vessel of the shipping season will depart the Port of Thunder Bay on Friday. Grain handling volumes were down on the year, but increases in other categories helped limit the overall reduction in movement through the northern Lake Superior port. The 2021 navigation season will come to a close with the […] Read more
Colder-than-normal Prairie winter forecast
MarketsFarm — Colder-than-normal temperatures are in the long-range forecast across Western Canada over the next three months, while much of Eastern Canada should be warmer. The latest seasonal forecast from Environment Canada, released Friday, calls for a 50 to 90 per cent chance of below-normal temperatures from January through March for the four western provinces. […] Read more
Cyber-Savvy Farmer
