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Tag Archives grain markets — page 4

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Crops, News

Australian crop production estimates rising: ABARES

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Australian wheat and barley production in 2024/25 is expected to be larger than earlier estimates and well above what was grown the previous crop year, according to updated estimates from the Australia’s agriculture department (ABARES). Wheat production was forecast at 31.8 million tonnes in the September ABARES report, which would be up by 2.7 million […] Read more
Ontario fertilizer prices at mercy of outside forces
News

Ontario fertilizer prices at mercy of outside forces

Rail labour uproar and prospect of U.S. bumper crop make market insights muddy

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A railway labour disruption in Canada and the prospect of a massive crop in the U.S. Midwest leave too many questions for clear pronouncements on fertilizer or commodity market directions in Ontario.
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Markets

USDA adjusts August supply and demand numbers

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While the United States Department of Agriculture raised its yield projections for 2024/25 in its latest supply and demand report on Aug. 12, production varied from the July estimates due to changes in the amount of planted acres. The August edition of the USDA’s World Agricultural Supply and Demand Estimates is its first report in […] Read more
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Markets

USDA forecasts record soy, bumper corn crops

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Reuters – The U.S. Department of Agriculture raised its estimates for corn and soybean production from a month earlier on Monday, adding to expectations of hefty global supplies of both crops. The agency raised its estimate for the 2024/25 soybean crop to a record 4.589 billion bushels, above 4.435 billion bushels seen last month and exceeding 4.469 billion bushels expected by analysts. USDA forecast a […] Read more
Canada supplies a small amount of China’s imports, and therefore has to pay some attention to managing Chinese importers as important customers.
Markets, Markets/Business

Gauging China’s market risk

What does history say about managing China’s market potential and politics?

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China provides risk and reward for Canadian agriculture exporters. With rhetoric escalating around the world, the risk could become a greater challenge. With Russia’s full-scale invasion of Ukraine, the Houthis taking potshots at shipping vessels in the Red Sea, and China increasingly aggressive in the Indo-Pacific, war and near-kinetic levels of conflict have thrown several […] Read more
Corn has started to tassel in parts of Ontario.
Markets, Markets/Business

Rain and heat make for promising crop conditions

Areas where crops were planted on time should see good yields

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Over the past month, above-average precipitation and normal temperatures have resulted in optimal growing conditions for Ontario and a large portion of the U.S. Midwest. The two-week forecast for the U.S. Corn Belt calls for above-average temperatures and normal precipitation.  This hot forecast comes as the U.S. corn crop is pollinating and the soybean crop […] Read more
soybeans on white background
Business, Markets/Business

Soybean industry has choices

Soy Canada executive director outlines big picture for the crop

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Glacier FarmMedia – Canada’s soybean industry must navigate forks in the road. During a late June meeting in Dauphin, Man., Soy Canada executive director Brian Innes told growers they should relish the options in front of them. Why it matters: New opportunities exist to grow soybean production in Canada. “Where do we want to go […] Read more

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