Reading Time: 2 minutes Chicago | Reuters — U.S. corn, wheat and soybean futures hit multi-year highs on Thursday as concerns about tightening global grain supplies triggered short-covering and fund-driven buying, analysts said. Nearby Chicago Board of Trade corn futures closed up their daily 25-cent limit (all figures US$). Front-month CBOT wheat rose above $7 a bushel and soybeans […] Read more
Crops
Must Reads
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![Canopeo images of establishment of spring barley and fall rye for the P.E.I. cover crop trials showing establishment rates depending on the plant dates and seed rates. All images were captured Nov. 17.]()
Fall and full-season cover crops show promise in potato trials
Cover crop trials in Prince Edward Island potato fields are yielding promising results. Over the last two years, Ryan Barrett,…
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![Winter wheat is greening up quickly in many parts of Ontario.]()
Wheat crop promising after mild winter
This year’s mild winter has given winter wheat a strong start but snow mould has posed a risk for many…
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![Most food-grade soybeans produced in Ontario are exported without being processed.]()
Plan aims to add value to food-grade soybeans
Protein Industries Canada (PIC) and several collaborators have committed to developing domestic processing for made-in-Canada food grade soybeans varieties. Plans…
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![Processing carrot growers had a reduction in fees in 2020.]()
Processing veg growers align with marketing act changes
The subjects of policy and structural change dominated the Ontario Processing Vegetable Growers (OPVG) first virtual annual general meeting. The…
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Finding the tools to build soil
Wheat and cover crops may not be the most profitable of cash cows, but the indirect benefits to grain growers’…
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Attention to detail keeps planters running precisely
Careful planter maintenance can eliminate problems at the moment of seed placement that have to be corrected later at expense…
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Stories from our other publications
U.S. grains: Corn highest since 2013
Soy tops US$15, wheat over US$7 on supply fears
Cargill to crush canola at Regina
New plant to process up to one million tonnes per year
Reading Time: 3 minutes The Canadian arm of agrifood giant Cargill plans to further expand its reach in the Prairie canola market with a new crush plant at Regina and upgrades elsewhere. The company announced Thursday it would start construction on the $350 million plant “early next year” and expects to have it operating by early 2024, employing about […] Read more
Treatment could manage chipping potato size
Gibberellic Acid could be a solution to using potato varieties too large for chipping
Reading Time: 3 minutes Potato growers know that size, consistency and uniformity matter to the bottom line and non-marketable potatoes at harvest can chip away at profitability. Take the Waneta potato; a good chipper variety appreciated by growers but panned by some processors due to its larger size. In 2020, Mark VanOostrum, supply manager at WD Potato Limited, along […] Read more
CP CEO rules out raising Kansas City Southern bid
CP's first-quarter profit climbs
Reading Time: < 1 minute Reuters — Canadian Pacific Railway CEO Keith Creel said Wednesday the company will not raise its bid for U.S. railroad Kansas City Southern, saying bigger rival Canadian National’s offer is “not a real deal.” The two bidding companies are locking horns to take control of a vast network of railways across North America, with CN […] Read more
ICE weekly outlook: Canola’s uptrend still intact
Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts climbed to fresh highs during the week ended Wednesday, with no end to the uptrend in sight from a fundamental standpoint. “We are in the middle of a demand-pull market… and the market has not yet done what it needs to do to accomplish the task of curtailing demand,” […] Read more
CBOT weekly outlook: Futures very likely to remain on upswing
Soyoil driving crop commodity gains
Reading Time: < 1 minute MarketsFarm — As prices rise on the Chicago Board of Trade (CBOT), the opportunity for profit-taking becomes more prevalent. That said, values are very likely to continue increasing overall going into the week of April 26, according to analyst Terry Reilly of Futures International in Chicago. “By the end of this week, I do expect […] Read more
U.S. grains: Corn, soy climb to multi-year highs
Tight supplies, weather woes supportive; wheat also up
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures climbed to multi-year highs on Wednesday, supported by firm cash markets as old-crop supplies dwindle and weather issues threaten prospects for the 2021 harvests, analysts said. Wheat futures also rose, drawing additional support from frosty temperatures in the Plains and Midwest. Chicago Board of Trade May […] Read more
CGC suspends W.A. Grain’s licenses to month-end
The firm, with facilities in Saskatchewan and Alberta, can't buy or sell grain in the interim
Reading Time: 3 minutes Licenses for Prairie pulse and grain handler W.A. Grain and Pulse Solutions and its primary elevators in Alberta and Saskatchewan have been suspended by the Canadian Grain Commission (CGC). The suspensions took effect at 12:01 p.m. Tuesday, a CGC official said in an interview. “This means for a limited period of time (until April 30) […] Read more
CN challenges CP with Kansas City Southern bid
KCS shareholder warns U.S. regulator 'doesn't like overlap'
Reading Time: 3 minutes Reuters — Canadian National Railway said on Tuesday it had offered to buy Kansas City Southern railroad for about US$33.7 billion, sending shares of the U.S. rail company soaring as investors anticipated a bidding war with Canadian Pacific Railway. CP had agreed a deal to acquire Kansas City Southern for about $25 billion last month […] Read more
Slight adjustments in AAFC’s April supply/demand report
Reading Time: 2 minutes MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada, released Tuesday, included only minor adjustments to balance sheets for most major crops. Statistics Canada releases its first survey-based acreage estimates for the upcoming growing season on Tuesday next week (April 27), which should lead to adjustments in subsequent supply/demand projections. Canola ending […] Read more
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