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Tag Archives crop conditions


(Dave Bedard photo)
Crops, Markets

Flax production to drop with fewer acres, dry conditions

'Prices are definitely going to be climbing'

By Glen Hallick July 18, 2023
MarketsFarm — As with other crops on the Canadian Prairies, flax has been struggling with the hot and dry conditions across the region. That said, Scott Shiels of Grain Millers […] Read more

Canadian Drought Monitor map as of June 30, 2023. (AAFC)

Much of Canada abnormally dry or in moderate drought

Southern Ontario among exceptions

By MarketsFarm July 11, 2023
MarketsFarm — In a stretch from the Atlantic to the Pacific Oceans, a wide swath of Canada was contending with dryness, according to the latest report from the Canadian Drought […] Read more

File photo of a sunflower crop in Manitoba. (MysticEnergy/Getty Images)
Crops, Markets

Manitoba sunflowers doing well with fewer acres

Few pest, weed problems appear so far

By Adam Peleshaty July 10, 2023
MarketsFarm — Despite fewer acres under hot and dry conditions, things are going well for Manitoba’s sunflower crop. Out of the 88,000 acres planted for sunflowers across Canada, 77,000 of […] Read more

CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans, corn drop on improved crop weather

CBOT September wheat also down

By Karl Plume July 7, 2023
Chicago | Reuters — U.S. corn and soybean futures fell on Friday as recent welcome rains across the Midwest farm belt, and forecasts for more next week, aided crops that […] Read more

CBOT September 2023 soft red winter wheat with 20-day moving average, MGEX September 2023 hard red spring wheat (yellow line) and K.C. September 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat surges on slow harvesting, poor crop conditions

Corn hits 2-1/2-year low and ends mixed, soy mostly firm

By Karl Plume July 5, 2023
Chicago | Reuters — U.S. wheat futures surged on Wednesday as slow winter wheat harvesting and deteriorating spring crop conditions fuelled buying and short covering that lifted prices from 2-1/2-week […] Read more


CBOT December 2023 corn with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn, soy tumble on forecasts for much-needed rains

CBOT September wheat also lower

By Julie Ingwersen June 29, 2023
Chicago | Reuters — U.S. corn futures fell more than four per cent and soybeans more than two per cent on Wednesday, pressured by forecasts for beneficial rains in the […] Read more

ICE July 2023 canola with 20-day moving average (yellow line, right scale) and CBOT July 2023 soybean oil (dark green line, left scale). (Barchart)
Crops, Markets

ICE weekly outlook: Canola market rising into summer

New StatCan acreage estimates out next week

By Phil Franz-Warkentin June 22, 2023
MarketsFarm — ICE Futures canola contracts have climbed steadily higher since their late-May lows, nearing chart resistance to the upside on the first day of summer. Updated renewable fuel targets […] Read more

CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy, corn, wheat rally to multi-month highs on weather concerns

Meteorologists 'pretty much threw in the towel'

By Mark Weinraub June 22, 2023
Chicago | Reuters — U.S. corn, soybean and wheat futures rose to multi-month highs on Wednesday, supported by concerns about crop shortfalls around the globe due to adverse weather in […] Read more


CBOT July 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans reach one-month high on weather woes

Wheat up, corn mixed

By Julie Ingwersen June 13, 2023
Chicago | Reuters –– U.S. soybean futures hit a one-month high on Tuesday on worries about dry conditions in the Midwest hurting crop prospects and spillover strength from crude oil, […] Read more

File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)
Crops, Markets

Firm Canadian chickpea market watching world production

Trade keeps eye on crops in Turkey, Russia, India

By Phil Franz-Warkentin May 19, 2023
MarketsFarm — Canadian farmers are in the early stages of planting the country’s next chickpea crop, with market conditions firm for the time being, ahead of new-crop harvests in other […] Read more

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