Crops
MarketsFarm — Blue flowery fields of flax will be fewer and farther between in Western Canada, according to Statistics Canada’s (StatCan) first survey-based seeding intentions report for 2023-24. In a […] Read more
Crops
Canada’s expected flax area smallest since 1950
Other commodity prices outperforming flax
Rain, drought highlight different growing areas
Eastern Prairies to see improved rains
MarketsFarm — Depending on which region you’re in, you could be stuck in a severe drought or facing rains that will help alleviate that dryness or push back when fields […] Read more
U.S. grains: Chicago soy dips, corn flat as planting progresses
No agreement yet to extend Ukrainian export shipping
Mexico City | Reuters — Chicago soybeans ended down and corn was flat on Monday, as U.S. planting progressed ahead of last year and uncertainty over whether Ukraine’s safe shipping […] Read more
CNH raises revenue guidance on robust tractor demand
Price increases support profit margins
Milan | Reuters — Farm and construction equipment maker CNH Industrial on Friday raised its full-year revenue forecast as operating profit topped expectations in the first quarter, aided by a […] Read more
Prairie cash wheat: U.S. futures lift spring wheat bids
Durum prices down on week
MarketsFarm — Western Canadian spring wheat bids were the beneficiaries of rising U.S. futures prices for the week ended Thursday. Wheat futures on the Chicago Board of Trade (CBOT) were […] Read more
U.S. grains: Chicago grains end week up as no new Black Sea ships authorized
Markets also have eye toward U.S. crop report
Mexico City | Reuters — Chicago grains and soy ended the week higher on Friday as hopes dimmed for the renewal of a U.N.-brokered deal allowing the safe Black Sea […] Read more
Feed weekly outlook: Futures pressure Canadian prices
Some buyers still seeking coverage
MarketsFarm — Prices for feed grains in Western Canada continue to ease off, but seasonal activity isn’t the only reason contributing to the declines. Erin Harakal, trade manager at Agfinity […] Read more
U.S. grains: Chicago wheat up on Black Sea deal doubts
Cancelled China sales weigh on corn prices
Mexico City | Reuters — Chicago wheat hit a one-week high and closed up on Thursday as markets cautiously eye developments on the Black Sea grains corridor following a wave […] Read more
Mosaic misses profit estimates on lower prices of fertilizers
Farmers seen waiting on prices to stabilize
Reuters — Mosaic Co. on Wednesday missed Wall Street estimates for first-quarter profit on lower prices of potash and other crop fertilizers, even as the fertilizer maker sold higher volumes. […] Read more
Russia to keep talking with UN before Black Sea deal deadline
Deal on table for talks Friday in Istanbul
Moscow | Reuters — Russia said on Wednesday that it will keep talking to the United Nations about the future of a deal that allows the safe Black Sea export […] Read more
Cyber-Savvy Farmer
