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Alberta farmers well ahead of last year’s pace

With decent weather, Alberta farmers made good harvest progress for the week ended Oct. 22, according to the province’s latest weekly crop report issued Oct. 25. Province-wide progress vaulted from just under 59 per cent for the week ended Oct. 15 to almost 74.5 per cent. That said the overall harvest remains behind the five-year […] Read more

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Saskatchewan farmers make good harvest progress

MarketsFarm – Farmers throughout Saskatchewan made good progress in their harvesting over the last week, according to the province’s latest weekly crop report. With little precipitation during the week ended Oct. 21, the harvest rose from 69 to 83 per cent complete province-wide. However, it’s still 10 points behind the average pace. Also, the report […] Read more

ICE January 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Rangebound canola vulnerable to losses

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday and may have more room to the downside, despite persistent harvest delays across Western Canada. “Overall, we’re still rangebound, but we’re going to the lower part of the trading window,” said analyst Errol Anderson of Pro Market Communications in Calgary. “Canola is […] Read more

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CBOT weekly outlook: Harvest activity drops commodities

MarketsFarm — Commodities on the Chicago Board of Trade were mostly lower Wednesday amid a slower news week and harvest activity putting pressure on prices. “We’ve had a quieter week,” said Steve Georgy of Allendale Inc. at McHenry, Ill. “The market starts to fall of its own weight as we’re in harvest season.” Harvest activity, […] Read more

CBOT December 2019 corn with 20-, 50- and 200-day moving averages. (Barchart)

U.S. grains: Harvest pace drags on corn, soybeans

Chicago | Reuters — U.S. soybean futures ended flat on Wednesday as optimism that China would significantly increase U.S. export purchases after offering to waive tariffs was overshadowed by a lack of confirmed buying and an accelerating U.S. harvest. Corn was also flat on harvest pressure and limited demand, while wheat firmed in a modest […] Read more


CBOT November 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans firm on Chinese trade prospects

Chicago | Reuters — U.S. soybean futures firmed on Tuesday on hopes of fresh export sales to China after Beijing gave major crushers waivers to import U.S. soybeans without retaliatory tariffs. Futures, however, drifted from early highs as new export deals failed to materialize and as farmers took advantage of the price spike to sell […] Read more

Standing corn west of Giroux, Man. on Oct. 21, 2019. (Dave Bedard photo)

Manitoba beef sector faces tight feed situation

MarketsFarm — An early snowstorm may have been the last straw for Manitoba livestock producers looking to put up feed ahead of winter. While the foot or more of heavy snow that blanketed much of the province over the Thanksgiving weekend has melted, saturated fields continue to limit corn silage harvests and hay cutting. “Feed […] Read more

CBOT December 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat eases in profit-taking setback

Chicago | Reuters — U.S. wheat futures declined on Monday on profit taking after three sessions of gains, on concerns about weather-reduced Southern Hemisphere crops that had lifted the market to multi-month highs. Soybeans were mixed amid worries about reduced yields and late harvesting, while corn drifted lower on dull demand. Both markets remained in […] Read more


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Manitoba’s sunflower crop under threat from weather

MarketsFarm — Manitoba’s sunflower crop has been compromised by the snow that fell over Thanksgiving weekend, but it’s not yet clear what percentage of the crop will be impacted. Before the snow fell, windy and rainy weather took a toll on the sunflower crop. The soil was oversaturated to the point that sunflower roots couldn’t […] Read more

(Peggy Greb photo courtesy ARS/USDA)

Pulse weekly outlook: Early snow hurts edible bean prospects

MarketsFarm — An early snow storm hit key edible bean growing regions of Manitoba and the northern U.S. hard, with a large portion of the crop in the region now facing an uncertain future. “It is unprecedented what’s happened at this point,” said Tim Courneya, executive vice-president of the Northarvest Bean Growers Association, which represents […] Read more