MarketsFarm — Canola contracts have stayed locked in a pattern for the past few trading sessions, with the July contract posting small gains and new crop year contracts showing losses. That’s mainly due to traders positioning ahead of July’s expiry date. “It’s not uncommon for the July expiry to see some spreads swing around,” said […] Read more
Tag Archives weather — page 46
ICE weekly outlook: Canola mixed at midweek
U.S. grains: Soy, corn slump on crop weather, economic concerns
U.S. Midwest sees generally mild temperatures
Chicago | Reuters — U.S. soybean futures eased for a third straight session on Wednesday and corn futures were mostly lower as forecasts for rains and limited crop-stressing heat across the Midwest farm belt bolstered production prospects. Weak outside markets also hung over grain futures, with equities and crude oil posting steep losses as rising […] Read more
Corn stages vary on planting dates, winter canola in final stages of flowering
OMAFRA Field Crop Report for June 11
Soybean Some replanting has occurred especially on heavy clay soils with poor emergence. Soil crusting and seed corn maggot feeding are the main issues this spring. If plant stands are below 100,000 plants per acre replanting is warranted. The same variety can be planted into an existing thin stand. Replanting with a drill may damage […] Read more
Water stress can constrain late-season photosynthesis
Science Notes: Remote sensing technology employed
Photosynthesis is regulated by plant phenology — how plant life cycles interact with the climate — and environmental conditions, both of which changed substantially in recent decades. Unlike early season photosynthesis, which is mostly driven by warming temperatures or the onset of the wet season, late-season photosynthesis can be limited by several factors, such as […] Read more
CBOT weekly outlook: Prices stable, crops looking good
MarketsFarm — Over the last few weeks, soybean and corn prices on the Chicago Board of Trade (CBOT) have stabilized, according to Scott Capinegro of Barrington Commodities at Barrington, Ill. “And that’s a good thing. Where this goes from here is still anybody’s guess,” he said. Noting that the crops in the United States are […] Read more
Planting progress in Ontario ahead of normal
OMAFRA Field Crop Report for May 14
Temperatures were well below seasonal for much of the past week due to the presence of an arctic air mass. Low night-time temperature records were set in many areas of the province with low temperatures between 0 to -7 C and snow fell overnight more than once. The widespread risk of the cold weather impacts […] Read more
VIDEO: Earlier corn planting gives bigger yield potential
Field Talk with Steph Berlett
In this edition of Field Talk, I talked with Steph Berlett, sales agronomist with Brussels Agromart, about getting corn planted in April and what it means for crop yields, crop management and weed control. “It started out fantastic. Planters got rolling last weekend because it was the best conditions we’ve had in years really, so […] Read more
ICE weekly outlook: Canola market floating headline to headline
MarketsFarm — The ICE Futures canola market moved lower during the week ended Wednesday, but activity was choppy as futures reacted to broad swings in global financial markets. While the looming growing season should be starting to garner some attention, the COVID-19 pandemic “has grabbed all of the headlines and all of the oxygen out […] Read more
U.S. forecaster sees 65 per cent chance of no spring El Nino, La Nina
Reuters — There is about a 65 per cent chance that neutral weather conditions will prevail in the Northern Hemisphere this spring with no El Niño or La Niña, up from 60 per cent last month, a U.S. government weather forecaster said on Thursday. The El Niño-Southern Oscillation-neutral (ENSO) weather pattern is marked by average […] Read more
Feed weekly outlook: Rally likely to end soon
MarketsFarm — After a bit of a rally for feed grain prices over the last three to four weeks, the feedlots are on the full side, said Brandon Motz of CorNine Commodities at Lacombe, Alta. “That normally means we back off a little bit,” he said, noting there hasn’t been an uptick in deliveries with […] Read more
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