MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, holding above major support as end-users showed solid demand. “The demand side of the formula is still […] Read more
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Tag Archives acres
ICE weekly outlook: Demand keeps canola well supported
Canadian farmland trending less affordable in FCC report
Average values continue rising across board
The average value of farmland in Canada is continuing to rise faster than farmers’ ability to generate revenue from it, Farm Credit Canada’s latest Farmland Values Report suggests. The report, […] Read more
CBOT weekly outlook: Pandemic drives Chicago prices lower
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 […] Read more
U.S. grains: Corn drops after USDA pegs plantings above expectations
USDA forecasts largest U.S. corn acres in eight years
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 […] Read more
Pulse weekly outlook: U.S. bean acres to increase, other pulses down
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 […] Read more
U.S. projects wheat acres at record lows, increases for soy, corn
Grain stocks as of March 1 down on year
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 […] Read more
Solid demand, logistics underpin durum bids
MarketsFarm — Durum bids in Western Canada have found some support from solid demand and logistical issues elsewhere in the world. Anecdotal reports of pasta hoarding, due to COVID-19 coronavirus […] Read more
Pulse weekly outlook: Bids underpin Manitoba edible bean area
Province's soybean acres expected to fall
MarketsFarm — Solid prices should keep Manitoba farmers growing edible beans in 2020, although soybean area will likely drop, according to a provincial specialist. Disappointing harvest weather in 2019 hurt […] Read more
Lower grain production predicted from Europe in 2020
MarketsFarm — European grain production is expected to be down slightly in 2020, according to the first forecast for the year from European trade association Coceral. In the report, released […] Read more
U.S. grains: Soy futures fall on China demand concerns
Chicago | Reuters — U.S. soybean futures drifted lower for the third time in four sessions on Thursday as demand from China remained quiet, stirring fresh concerns that purchases from […] Read more
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