Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell for a fourth straight session on Thursday, extending prior-day losses that were the worst in 7-1/2 months as weak U.S. export sales data stoked concerns about the coronavirus pandemic destroying demand. Soybeans and corn ended mixed as early short-covering and spillover support from sharply higher crude oil […] Read more
Crops — page 2
U.S. grains: Wheat tumbles on weak export sales, recession fears
Corn, soybeans rise on crude oil rally, but end mixed
ICE weekly outlook: Canola loses strength at midweek
Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts succumbed to pressure from comparable vegetable oils at midweek, after showing strength earlier in the week. Ken Ball of P.I. Financial said lower soyoil values put canola “under tremendous pressure.” Nearby soyoil contracts were down by about a penny on Wednesday. Earlier in the week, rumours swirled regarding the […] Read more
CBOT weekly outlook: Pandemic drives Chicago prices lower
Reading Time: 2 minutes MarketsFarm — The COVID-19 pandemic has continued to pressure U.S. markets, including the Chicago Board of Trade (CBOT), according to Scott Capinegro, president of Barrington Commodities at Barrington, Ill. “It’s like that movie Groundhog Day. You wake up and it’s the same thing every day,” Capinegro said. There’s a domino effect in the grain industry […] Read more
U.S. grains: Wheat posts steepest drop since August
Soy drop biggest in 2-1/2 weeks; corn extends losses on big supply, weak ethanol demand
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat prices fell more than three per cent on Wednesday as coronavirus fears dragged down equities markets and lifted the dollar, sending Chicago wheat futures to their steepest decline in 7-1/2 months. Soybeans fell more than two per cent, the most in 2-1/2 weeks, and most corn contracts posted fresh […] Read more
Using glyphosate wisely
Glyphosate breaks down in the soil but buildup is shown to affect phytoplankton
Reading Time: 4 minutes Researchers from the University of Quebec say farmers might want to use glyphosate more sparingly — and for reasons beyond herbicide resistant weeds. Why it matters: Glyphosate may be comparatively benign, but overuse can still raise agronomic and environmental concerns. Presenting at the Innovative Farmers Association of Ontario’s annual conference, Marc Lucotte, research chair with […] Read more
Potato seed handling critical to production
Seed, soil and planter factors contribute to efficient emergence
Reading Time: 2 minutes Potato seed choice and preparation, planter setting, and creating the best seed bed all drive better plant emergence. Steven B. Johnson with the University of Maine told the 2020 Ontario Potato Conference and Trade Show held in Guelph March 5, that managing seed is critical to getting even emergence. Why it matters: Inefficient emergence can […] Read more
U.S. grains: Corn drops after USDA pegs plantings above expectations
USDA forecasts largest U.S. corn acres in eight years
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures settled lower on Tuesday after the U.S. Department of Agriculture (USDA) forecast 2020 plantings at the largest in eight years, well above trade expectations, while soybeans firmed on a lower-than-anticipated acreage outlook. A tighter-than-expected USDA quarterly corn stocks estimate limited losses, but most contracts notched life-of-contract lows after […] Read more
Pulse weekly outlook: U.S. bean acres to increase, other pulses down
Reading Time: < 1 minute MarketsFarm — Farmers in the U.S. intend to plant more edible bean acres in 2020, but will seed less area to peas, lentils and chickpeas, according to the U.S. Department of Agriculture’s prospective plantings report. Edible bean area in the country is forecast at 1.372 million acres, which would be up roughly seven per cent […] Read more
U.S. projects wheat acres at record lows, increases for soy, corn
Grain stocks as of March 1 down on year
Reading Time: 2 minutes MarketsFarm — As with last year, total wheat acres in the United States are projected to remain at all-time lows, according to the U.S. Department of Agriculture (USDA). The department issued its prospective plantings estimates Tuesday. MarketsFarm director of markets and weather Bruce Burnett called USDA’s wheat and soybean estimates positive, while he said its […] Read more
Burnett on Markets: Home flour use soars during pandemic
That's led to increased demand for milling wheat -- at least temporarily
Reading Time: 2 minutes It is hard to miss the lack of flour in the grocery aisles lately as consumers stock up on the “essentials.” A number of stores are just rolling out the pallets of flour into the store and they are picked clean by the end of the day. The increased domestic use of flour does not […] Read more
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