Brussels/Bucharest | Reuters — The EU agriculture commissioner said on Tuesday said he believes the European Commission should extend a temporary ban on Ukraine imports into five neighouring EU states, as the measure helped boost exports outside the bloc. Ukraine has become entirely dependent on alternative European Union routes, called Solidarity Lanes, for its grain […] Read more
Tag Archives grain markets — page 8
EU ag commissioner pushes for extension of Ukraine grain import ban
Restrictions due to expire Friday
Corn crop projection increased
Wheat market at seasonal low, and moving wheat out of Russia is becoming more difficult
From July 15 through Aug. 14, the Ontario growing region received 85 to 115 per cent of normal precipitation. Certain pockets northeast of Toronto received 150 to 200 per cent of normal rainfall. Temperatures were 2 to 3 C below normal. Ontario corn and soybean crops continue to develop under optimal conditions so we’ve increased […] Read more
High quality Russian wheat influences all markets
Ontario corn at seasonal lows but European demand expected in fall
During July, the region west of Toronto received 150-200 per cent of normal precipitation. North and east of Toronto, farmers received 115-150 per cent of normal rainfall with isolated pockets along the border receiving 150-200 per cent. Temperatures have been normal to three degrees cooler than normal. Conditions have been favourable for corn and soybean […] Read more
Timely rain and heat boost Ontario crop estimates
Declining U.S. crop quality could mean opportunities for Ontario growers in 2024
From June 22 through July 21, the Ontario growing region received 150 to 200 per cent of normal precipitation. Certain regions north of Windsor and north of Toronto received more than 200 per cent of normal rainfall. During the same 30-day period, temperatures were 2-3 degrees C cooler than normal west and south of Toronto. […] Read more
Trade surprised by June USDA acreage survey
Soybeans down, corn up from March report
As of July 8, the Ontario growing region has received average to above average precipitation while temperatures were one to three degrees below normal. Ontario corn, soybean and winter wheat crops have been developing under favourable conditions as the weather has been cooler and wetter than normal. Quick lookSoybeans: Strong competition from Brazil has reduced […] Read more
Large acreage means bigger-than-average Ontario wheat crop
Lack of local demand keeps Ontario corn bids low despite broader market jump
The corn and soybean futures markets have incorporated a risk premium due to the uncertainty in production. Trades are comparing this year to 1998 when there was a widespread North American drought. As of June 24, southern Ontario received 60 to 85 per cent of normal precipitation over the previous 30 days. Isolated pockets received […] Read more
Dry weather trims yield estimates for North American crops
Crop conditions deteriorate in U.S. Midwest, Ontario could experience yield drags
From May 15 through June 15, the bulk of the Ontario growing region received 40-60 per cent of normal precipitation and some pockets received less than 40 per cent of normal. Timely rains are needed to sustain yield potential on the row crops. Winter wheat is experiencing yield drag due to drier conditions. Farmer selling […] Read more
Black Sea grain shipments shrink amid Ukraine deal doubts, Cargill exec says
'Grey/black' fleet seen handling more Russian traffic
London | Reuters — South American grain exports are set to overshadow Black Sea shipments this year as doubts grow over a U.N.-backed Ukraine deal and international traders cut commercial activities in Russia, a top executive with major commodities group Cargill said. The Black Sea grain deal, which allows the safe passage of grains through […] Read more
Brazilian soy bounty weighs on prices
New crop corn prices could be bullish if U.S. yields dip in face of dry weather
Ontario received average to below average precipitation in May and temperatures were cooler than normal. Ontario farmers have finished planting and emergence of the row crop is 10-14 days behind normal. The forecast calls for below normal precipitation and above average temperatures for June. Farmer selling has dried up, given current crop conditions. There are […] Read more
Record corn, soybean crops predicted for U.S.
Both winter and hard red spring wheat will struggle to surpass year-ago levels
Weather in Ontario has been variable over the past month. Corn and soybean planting progressed rapidly in the southwest. The northern region has been plagued with excessive precipitation while central growing counties started field work. The Ontario winter wheat crop entered the flag leaf stage and conditions are favourable to sustain yield potential. Farmer selling […] Read more
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