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Tag Archives production — page 11

A soybean crop at Headingley, Man. on Sept. 2, 2021. StatsCan’s latest estimates project drought-hit Manitoba’s soybean production to drop by 22.2 per cent from 2021, while Canada’s soybean harvest overall is expected down 7.4 per cent on the year. (Dave Bedard photo)
Crops

Prairie crops downgraded in latest StatsCan estimates

Corn, soybean crops upsized from previous report

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MarketsFarm — Drought conditions across Canada’s Prairies cut into yields throughout the region in 2021, with production of most of the major crops downgraded by Statistics Canada in updated crop estimates released Tuesday. Using satellite imagery, the government agency now sees total canola production for the 2021-22 crop year at 12.78 million tonnes, which compares […] Read more
Canada is a land of abundance. Food security is based more on transportation and distribution than storage.
News

Canadian food security doesn’t look like it does in other countries

Accessibility to food is one thing — but resilience in production and processing is another

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As some countries stockpile agricultural products, Canada continues to ship them out despite feed affordability concerns in parts of the country. Would investments in a stockpiled grain supply have helped what appears to be a developing food production crisis? As a leading exporter, however, the question for Canada should be different. A true food security […] Read more
(Qingwa/iStock/Getty Images)
Crops, Markets

USDA’s September supply/demand data contain few surprises

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MarketsFarm — There was few, if any, surprises to be found for grain traders in the latest supply and demand report from the U.S. Department of Agriculture (USDA). The September world agriculture supply and demand estimates (WASDE) was pretty much stand-pat in terms of U.S. corn and soybeans, according to trader Andrew Mages of Progressive […] Read more
CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybeans firm, fail to erase earlier losses

Wheat around seven-week low as world supply concerns ease

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Chicago | Reuters — Chicago soybean futures firmed on Friday, following the U.S. Agriculture Department’s monthly supply and demand report showing a drop in harvested U.S. acres, though much of the reports findings had been anticipated by earlier trading. Corn traded near even, while wheat edged lower after touching a new seven-week low, pressured by […] Read more
File photo of a canola crop south of Ethelton, Sask. in 2019. (Dave Bedard photo)
Crops

Nexera canola seed to come with heat blast insurance

Corteva's 'Heat Advantage' provides coverage on seed purchased by Oct. 29

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Farmers can’t prevent canola flowers from aborting in hot weather resulting in lower yields, but one seed company is providing some insurance against it — as part of the price of the seed. Brevant’s Nexera canola seed comes with a “a first-of-its-kind” insurance policy worth up to $100 an acre to offset yield losses due […] Read more
(Dave Bedard photo)
Crops, Markets

Ag department lowers crop production, export estimates

Expectations knocked down for most major Prairie crops

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MarketsFarm — Canadian crop production will be down significantly in the 2021-22 marketing year, cutting into exports for all of the country’s major grains, oilseeds and pulse crops. That’s the estimation from the latest supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Thursday. Total field crop production for all crops is forecast to decrease […] Read more
(Qingwa/iStock/Getty Images)
Crops, Markets

USDA pegs wheat ending stocks to be lowest since 2013-14

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MarketsFarm — As the U.S. northern Plains continue to deal with severe drought conditions, the U.S. Department of Agriculture (USDA) has significantly lowered its 2021-22 ending stocks estimates for wheat — especially durum and spring wheat. According to USDA’s monthly world agriculture supply and demand estimates (WASDE) released Monday, 2021-22 ending stocks for wheat are […] Read more
MGEX September 2021 wheat (candlesticks) with 20-day moving average (black line), CBOT and K.C. September 2021 wheats (green and yellow lines) and CBOT December 2021 corn (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat futures rally after U.S. slashes harvest estimates

Agency raises U.S. corn crop forecast from June

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Chicago | Reuters — U.S. wheat futures climbed on Monday on lower-than-expected production estimates for domestic crops damaged by searing weather and drought, analysts said. Corn and soybean futures also jumped. The U.S. Department of Agriculture, in a monthly report, slashed its harvest outlook for spring wheat other than durum by 41 per cent from […] Read more

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