Crops

AAFC revises crop estimates
Export, new-crop production outlooks revised lower for flax
MarketsFarm — Agriculture and Agri-Food Canada (AAFC) on Friday released its February supply and demand estimates with numerous small changes. AAFC held its projections for 2022-23 grains and oilseeds production […] Read more

U.S. grains: Soy, corn, wheat inch higher ahead of holiday weekend
Chicago markets close Monday for Presidents Day
Chicago | Reuters — Chicago Board of Trade corn, soybean and wheat futures closed modestly higher on Friday as traders squared positions ahead of a three-day U.S. weekend and weighed […] Read more

U.S. grains: Soybeans end higher in choppy trade
CBOT corn mixed, wheat down; MGEX, K.C. wheats up
Chicago | Reuters — U.S. soybean futures inched higher on Thursday while corn ended narrowly mixed after a choppy session as traders weighed poor crop prospects in Argentina against the […] Read more

Feed weekly outlook: Grain bids quietly drift lower
Oats still making their way into feedlots
MarketsFarm — Prices for feed barley and wheat in Western Canada drifted lower during the week ended Wednesday. Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta., said […] Read more

IGC makes changes in corn, soybean supply outlook
Council makes only minor tweaks in wheat
MarketsFarm — There are some notable changes to the monthly report from the International Grains Council (IGC), primarily in corn and soybeans. The London-based IGC on Thursday issued new supply […] Read more

Nutrien misses profit estimates amid higher fertilizer prices
CF Industries also books lower sales
Reuters — Canadian fertilizer maker Nutrien on Wednesday forecast lower-than-expected 2023 earnings and posted fourth-quarter profit below Wall Street estimates, sending shares down 2.6 per cent in extended trading. While […] Read more

U.S. grains: Wheat, corn, soy down on stronger U.S. dollar, interest rate fears
Uncertainty over Black Sea deal underpins corn, wheat
Chicago | Reuters — U.S. wheat futures fell more than two per cent on Wednesday and corn and soybeans followed the trend lower, pressured by a stronger U.S. dollar and […] Read more

ICE weekly outlook: Canola drifting lower
Near-record soy still expected from South America
MarketsFarm — ICE Futures canola contracts drifted lower during the week ended Wednesday, although values remained rangebound overall. “The market is maybe coming to the realization that we still have […] Read more

CBOT weekly outlook: Values pull back from upper ranges
Early U.S. estimate of planting intentions due out next week
MarketsFarm — Despite some bullish influences, commodity prices at the Chicago Board of Trade (CBOT) were stepping back in mid-February. That movement wasn’t a surprise to Scott Capinegro of Barrington […] Read more

The premise and promise of biological crop inputs
What’s relevant and what’s not in this fledgling branch of agri-food
The search for alternatives to traditional agriculture inputs has greater urgency as commodities like fertilizer increase in price and decrease in availability. It’s not that nitrogen-use efficiency or the activity […] Read more