MarketsFarm — After southern Manitoba had experienced ideal seeding conditions for most of the previous week, another round of rains created another round of headaches for pulse growers on Monday. “Last week, there were a few dry beans planted here in southern Manitoba. (There was) a lot of prep work being done. Things were really […] Read more
Tag Archives seeding — page 8
Pulse weekly outlook: More rainfall turns into more seeding delays
Editorial: Race to the finish
Nearly six weeks into spring, Mother Nature finally decided to co-operate and provide the type of weather needed to start planting across most of the province. It was ‘go time’ during the first two weeks of May and social media channels were full of photos from excited farmers showing off their progress. The weather remained […] Read more
Late start to planting likely to result in average yields
Recent USDA WASDE report bullish for corn, bearish for soybeans
Statistics Canada released its March 31 stocks report on May 6. Ontario on-farm corn, soybean and wheat stocks came in below year-ago levels. According to the Ontario Ministry of Agriculture, Food and Rural Affairs (OMAFRA), corn and soybean planting started the week of May 11. Our contacts in the province suggest that 80 to 85 […] Read more
U.S. grains: Rainy forecast pushes soy to three-month high
Wheat mixed, corn weak
Chicago | Reuters — U.S. soybean futures rallied 2.7 per cent to a three-month high on Thursday as the latest weather forecasts for key northern growing areas turned wet again, threatening to add further delays to planting that was already well behind schedule, traders said. Corn futures were weaker on pressure from disappointing export data […] Read more
Feed weekly outlook: Feedlots shopping for new-crop barley
MarketsFarm — While corn imported from the U.S. was the grain of choice for Alberta feedlots for the past few months, feed barley has slowly become more in demand. Erin Harakal, trade manager for Agfinity Inc. at Stony Plain, Alta., explained that some feedlots were already having their cattle feed on grass as summer approaches. […] Read more
U.S. grains: Soybean, wheat futures fall
CBOT corn closes higher
Chicago | Reuters — U.S. soybean futures fell on Wednesday, pressured by weather forecasts that will allow farmers to make good progress on the end of their planting tasks as well as concerns about demand from China. Chicago Board of Trade wheat futures also were weaker, with the market setting back on reports that Russia […] Read more
ICE weekly outlook: Canola sideways for now
MarketsFarm — The ICE Futures canola market may have seen some large price swings over the past few weeks, but remains relatively rangebound overall with values sitting just below their all-time highs. The upward momentum is slowing down, said David Derwin, a commodities investment advisor with PI Financial in Winnipeg. However, he added, it remains […] Read more
CBOT weekly outlook: Prices likely to trend downward
MarketsFarm — With weather in the U.S. becoming more favourable for spring planting, combined with other factors, prices on the Chicago Board of Trade CBOT) are expected to push lower, according to Scott Capinegro of Barrington Commodity Brokers at Barrington, Ill. “If you’re getting it planted and it rains, the stuff is off to a […] Read more
U.S. grains: Corn futures touch six-week low
Wheat weakens, soybeans strong
Chicago | Reuters — U.S. corn futures dropped 1.8 per cent to a six-week low on Tuesday, pressured by a government report that farmers have made good progress in their much delayed planting tasks during the past week, traders said. “This is likely to ease previous concerns that the delays to planting could lead to […] Read more
Planting progress picking up in Saskatchewan
MarketsFarm — Overall spring planting across Saskatchewan reached 33 per cent complete as of Monday, according to the latest weekly crop report from Saskatchewan Agriculture. Despite the good progress over the week, that’s still 20 points behind the five-year average. When compared to the excellent progress this time last year, the gap expands to 41 […] Read more
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