Excessively cold temperatures in Alberta may be causing headaches for both feed grain buyers and sellers, but prices remain relatively steady for what’s moving. The cold weather hasn’t really led to a significant increase in demand, but “it’s definitely made the farmer grumpy,” said Brandon Motz of CorNine Commodities in Lacombe, Alta. “In general, the […] Read more
Tag Archives corn
Feed weekly outlook: Markets steady amid cold Alberta weather
Feed weekly outlook: Little to change for Prairie prices
As feedlots reduce their cattle numbers, demand for feed grains has declined on the Canadian Prairies, according to Market Place Commodities trader Allen Pirness at Lethbridge. “It’s a pretty calm time of year. The feedlots are shipping a lot of fat cattle more than they are replacing. Their grain consumption drops off a little bit […] Read more
The DON to come – agronomic lessons from 2018
Farmers have new information to consider on hybrid selection, fungicide timing
The vomitoxin problem in Ontario’s 2018 corn crop was more severe than most years and continues to cause problems for producers and buyers. However, the fungus-fostering conditions that caused the issue offer agronomic lessons for managing deoxynivalenol (DON) risk. According to Dale Cowan, senior agronomist and sales manager for AGRIS Co-operative and Wanstead Farmers Co-operative, […] Read more
Chinese demand for Canadian soybeans goes quiet
Traders are connecting Canada’s arrest of a Huawei employee with the slower demand
Compared to two weeks ago, Ontario grain and oilseed prices are relatively unchanged for old crop delivery positions. However, new crop prices are unchanged to slightly lower. Seasonally, farmer selling tends to increase in January while export demand moves through a slower period. Argentina corn and soybean crops have experienced favourable weather; however, Brazilian soybean […] Read more
Scientists overhaul corn domestication story with new analysis
Science Notes: Semi-wild proto-corn spread from Mexico to South America before becoming fully domesticated, offering new clues to its future
Smithsonian scientists and collaborators are revising the history of one of the world’s most important crops. Drawing on genetic and archaeological evidence, researchers have found that a predecessor of today’s corn plants still bearing many features of its wild ancestor, was likely brought to South America from Mexico more than 6,500 years ago. Farmers in […] Read more
Ontario farmers make first blockchain system corn sale
An Ontario startup company facilitated the trade of high-DON corn
Some Ontario farmers have used a new grain sales system to sell some of their corn high in DON. Prince Edward County farmers Larry Reynolds and Lloyd Crowe used the Grain Discovery platform to find a new local buyer, confirm the trade and receive payment instantly. Grain Discovery says this is the first corn trade […] Read more
Corn hybrid testing for DON needs industry support
There is currently no screening program for susceptibility to DON for corn in Ontario
Farmers continue to search for better ways to manage risk of an outbreak of deoxynivalenol (DON) in future corn crops. One of the areas of most interest is figuring out which corn hybrids are most susceptible to infection. There is currently no screening program for vomitoxin in corn hybrids in Ontario. Why it matters: Finding […] Read more
Feed weekly outlook: Prairie prices stable during mild winter
With the mild winter Western Canada has been experiencing, feed grain buyers expect prices should stay quiet for the next while. “I would say the buyers have adequate coverage for January, February, even a bit of March. And I would say we maybe have seen the (barley) price soften up a bit,” said Nelson Neumann, […] Read more
USDA predicts larger world grain/oilseed stocks
Global soybean, corn and wheat ending stocks for the 2018-19 marketing year were all larger than earlier expectations, according to the latest World Agriculture Supply and Demand Estimates (WASDE) report from the United States Department of Agriculture (USDA). In a report released last December, the USDA raised its global soybean ending stocks forecast for 2018-19 […] Read more
Deep discount questions
Ontario farmers took deeper discounts on moldy corn than farmers elsewhere in 2018. The question is, why?
Ontario corn farmers faced deep discounts on corn infected by deoxynivalenol (DON) in 2018, exposing their vulnerability in a market dominated by domestic users. While farmers in this province usually see attractive basis levels due to strong domestic demand for corn from the ethanol processors and livestock sector, neither market is keen on taking diseased […] Read more
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