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Tag Archives harvest — page 19

CBOT May 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages and November 2021 soybeans (blue line). (Barchart)
Crops, Markets

U.S. grains: Soybeans rise on tight near-term supply

CBOT corn mixed, wheat lower

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Chicago | Reuters — Chicago soybean futures gained on Tuesday as traders assessed the impact of a lower-than-expected U.S. plantings forecast and a rain-delayed harvest in Brazil on ever-tightening supplies of the oilseed. Corn futures were mixed, with old-crop contracts rising slightly as investors adjusted positions ahead of a monthly U.S. Department of Agriculture world […] Read more
ICE May 2021 canola with Bollinger (20,2) bands. (Barchart)
Crops, Markets

ICE weekly outlook: Is a bear market next for canola?

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Winnipeg | MarketsFarm — The canola market started to retreat this week as unpriced supplies still in the countryside approach non-existent, according to Wayne Palmer, analyst with Exceed Grain in Winnipeg. For the first half of the week of March 15, canola began to lose strength, particularly in old-crop months. That was highlighted at the […] Read more
CBOT May 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soy sag on profit-taking after USDA data

Midwest's winter wheat entering key growth phase

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Chicago | Reuters — U.S. corn and soybean futures each fell about two per cent on Wednesday, a day after monthly U.S. Department of Agriculture (USDA) forecasts failed to offer fresh bullish news, freeing traders to book profits following recent multi-year highs, analysts said. Wheat futures also declined, following the trend, with beneficial moisture expected […] Read more
(GZKele/iStock/Getty Images)
Crops, Markets

Sunflower seed market falls back to Earth

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MarketsFarm — Sunflower growers in Canada took off a bumper crop in 2020, almost hitting the 100,000-tonne mark for the first time since 2010. The forecast for this year’s crop isn’t as sunny. Agriculture and Agri-Food Canada’s latest outlook, released earlier this month, predicts the national sunflower seed crop in 2021 at 75,000 tonnes off […] Read more
CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: CBOT soy, corn rise on weather delays in Brazil

Chicago May wheat settles firm

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Chicago | Reuters — U.S. soybean futures surged 1.6 per cent on Tuesday to their highest in more than five weeks on expectations that a slow harvest in Brazil will add further stress to the already tight supply situation in the United States, traders said. Corn futures also were strong, hitting a two-week high as […] Read more
CBOT November 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans rise as USDA projects tight supplies into 2022

Wheat slumps on profit taking, nearby corn also slips

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Chicago | Reuters — U.S. soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) forecast domestic supplies of the oilseed would remain historically tight into 2022 despite its projection for a record-large harvest this autumn. Corn futures were mixed, with nearby contracts slipping from earlier highs on profit-taking ahead of the weekend, […] Read more
Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Crops, Markets

Canada’s canola harvest smallest in five years

Wheat crop a bin-buster, StatsCan report finds

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Winnipeg | Reuters — Canadian farmers produced the smallest canola crop in five years, but the largest wheat output since 2013, Statistics Canada said in its final harvest estimate of the year. Canola production looked set to reach 18.7 million tonnes, down 4.5 per cent from last year and below trade expectations. It was a […] Read more
(Sakakawea7/iStock/Getty Images)
Crops, Markets, Markets/Business

Tighter global stocks should increase Canadian soy exports

A larger Ontario corn crop is making prices competitive

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At the time of writing, Ontario farmers had mostly wrapped up the corn and soybean harvests. Final yield reports confirm earlier production estimates. There were no major quality or disease issues and that will enhance export demand. Farmers have finished planting winter wheat and conditions are favourable given the recent precipitation. Ontario corn and soybean […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn declines on long liquidation

Soybeans lower, wheat rallies

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Chicago | Reuters — U.S. corn futures declined on Monday as funds scaled back long positions ahead of the U.S. presidential election, and forecasts called for optimal weather in the Midwest, where farmers are wrapping up the harvest of corn and soybeans, analysts said. Wheat futures turned higher, rallying on bargain-buying after a five-session slide. […] Read more
News

Editorial: Check in with neighbours during COVID winter

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I miss talking to people by accident, running into them somewhere I’d not expect to see them. With some important steps to reduce risk, most of us, especially in rural Ontario, are back to work. However, we’re in a constrained new world, which will increasingly wear on people as the year ticks on and the […] Read more

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