Chicago | Reuters — U.S. soybean futures fell for a second straight session on Friday as rains were seen boosting harvest prospects in some dry areas of the Midwest farm belt. Wheat futures fell on profit-taking and spillover pressure from lower soybeans, although concerns about global supplies limited declines. Corn was lower much of the […] Read more
Tag Archives drytimes — page 17
U.S. grains: Soybeans ease as Midwest’s rains seen boosting crop
CBOT December corn up, wheat down
Ag department lowers crop production, export estimates
Expectations knocked down for most major Prairie crops
MarketsFarm — Canadian crop production will be down significantly in the 2021-22 marketing year, cutting into exports for all of the country’s major grains, oilseeds and pulse crops. That’s the estimation from the latest supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Thursday. Total field crop production for all crops is forecast to decrease […] Read more
Feed weekly outlook: No surprises in latest barley numbers
MarketsFarm — Following the release of monthly supply and demand estimates from Agriculture and Agri-Food Canada (AAFC) Thursday, Brandon Motz of CorNine Commodities at Lacombe, Alta. wasn’t surprised at how low the numbers dropped, particularly for barley. Motz commented the harvest hasn’t been as good as initially thought, noting the AAFC report confirmed the situation […] Read more
ICE weekly outlook: Canola rangebound, awaits report
New StatsCan data due out Monday
MarketsFarm — ICE Futures canola contracts saw some choppy activity during the week ended Wednesday, hitting their lowest levels in nearly a month before recovering back toward the upper end of their wide sideways range. A new production report from Statistics Canada, due out Monday (Aug. 30), could set the stage for a break one […] Read more
U.S. grains: Corn climbs on weaker crop conditions
Soybeans mixed, wheat eases
Chicago | Reuters — Chicago corn futures climbed on Wednesday for a second day after the U.S. Department of Agriculture cut crop ratings on Monday afternoon, though beneficial rainfall across parts of the upper U.S. Midwest limited gains. Soybeans ended higher after the market made its biggest daily gain since late June on Tuesday, with […] Read more
Above-average yields likely for corn, soybeans
Weather in critical month of August favourable for seed development
Most of the Ontario growing region has received 115 to 150 per cent of normal precipitation in the last 30 days. July temperatures were two to three degrees below normal. It’s been a cool and wet summer in Ontario. Above average yields are expected for Ontario corn and soybeans. After a prolonged harvest period, we’re […] Read more
Funds support drought-stricken Ontario farmers
Payments will help but the ‘one-size-fits-all’ approach doesn’t work long-term, says industry
[UPDATED: Aug. 23, 2021] A collective sigh of relief greeted the Aug. 6 federal government announcement of a $100 million emergency drought fund. “We haven’t received any details on what that will look like, but,” said Beef Farmers of Ontario president Rob Lipsett. “It seemed almost like a weight lifting off a lot of people’s […] Read more
Northwestern Ontario farmers wait for hay
A Beef Farmers of Ontario project has already started moving hay to the area
The far-reaching drought in Canada is sparking widespread mental health concerns for livestock and cash crop farmers. The pressure for livestock producers in north-western Ontario and the Prairies to secure feed to get through the summer increased as hay and forage fields scorched, crops were stunted and water sources ran dry into July. Winter feed […] Read more
Plans afoot to move hay from East to drought-hit West
CFA, BFO spearheading Hay West-style initiatives
Farm groups are spearheading new plans to get livestock feed from Eastern Canada to drought-damaged regions of the western provinces and northwestern Ontario. Details are still pending, but the Canadian Federation of Agriculture (CFA) announced Aug. 12 it has started work on a “Hay West” initiative to get surplus hay “to those struggling in the […] Read more
Looming spring wheat protein shortage bodes well for Canadian sales demand
Protein levels in this year’s U.S. hard red winter wheat are expected to be well below average by the time farmers harvest the entire crop
Glacier FarmMedia – Millers in the United States may be confronted with the double whammy of a low-protein hard red winter wheat crop combined with severely curtailed spring wheat production, say analysts. An estimated 38 per cent of the hard red winter wheat crop has been harvested. Protein levels have averaged 11.4 per cent based […] Read more
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