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Reading Time: 6 minutes The bulk of the Ontario growing region received 50 to as much as 100 millimetres of precipitation during the first half of July. The corn and soybean crops have been rejuvenated after a rather dry spring. We’re now projecting average type yields for the row crops. Quick lookSoybeans: The Ontario soybean crop is rated about […] Read more
Reading Time: 5 minutes Statistics Canada’s June acreage survey held no surprises. Corn, soybean and wheat acreage was similar to March data. There was some yield drag on corn and soybeans in the dryer regions of Ontario but crops have held up well. Basis levels remain firm due to tight old crop stocks and uncertain new crop production. Quick […] Read more
Reading Time: 6 minutes Ontario farmers were in the final stage of planting corn and soybeans during the last week of May. The region between Toronto and Windsor has received less than 40 per cent of normal precipitation over the past 30 days; cropping area north of Toronto has received 40 to 60 per cent of normal precipitation. Timely […] Read more
Reading Time: 3 minutes Commodity prices have been strong for the past eight months. It’s been a boon for growers, though prolonged periods of decent returns can skew cost of production. Canadian growers could be open to significant financial hardship if they see sustained price reductions or major production challenges like those experienced in the 1970s and 1980s, after […] Read more
Reading Time: 7 minutes Over the past 30 days, most of Ontario has received 60-85 per cent of normal precipitation. However, the region from Toronto south to Windsor is relatively dry. Quick lookSoybeans: The 2021 U.S. soybean crop is expected to be much larger than in 2020.Corn: Demand for corn for cattle finishing is hitting seasonal highs.Wheat: Ontario wheat […] Read more
Reading Time: 6 minutes Compared to last year, Ontario farmers will increase soybean acres by two per cent and corn acres will be up 1.7 per cent, according to Statistics Canada. Ontario farmers are increasing row crop acres at the expense of spring wheat, oats and barley. As of May 4, about 12 per cent of the Ontario corn […] Read more
Reading Time: 6 minutes Ontario corn and soybean prices made fresh 52-week highs in early April while elevator wheat bids have dropped 40 cents per bushel from the February peak. Quick look Soybeans: Ontario soybean production is expected to be up in 2021 versus 2020.Corn: Crude oil’s increase is helping to underpin corn price.Wheat: Timely rains will be needed […] Read more
Reading Time: 5 minutes The Ontario growing region has received less than 40 per cent of normal precipitation over the past 30 days. Farmers are heading into the spring period with drier conditions and timely rains are needed for the winter wheat crop. Quick look Soybeans: Markets soon to switch to watching North American planting progress.Corn: Ethanol margin increase […] Read more
Reading Time: 3 minutes Glacier FarmMedia – Chip Nellinger has one central piece of advice for grain farmers heading into the 2021-22 crop year — fasten your seatbelts. “It’s going to be a real volatile, bumpy ride in my opinion this spring and summer,” the Blue Reef Agri-Marketing analyst said during the United States Farm Report segment of the […] Read more
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