"I do think the market may have gone a little bit too far to the downside for the moment." Ted Seifried, vice-president of brokerage Zaner Group
Corn
Corn, soybean price drop may be premature
Possible Argentina debt default seen reducing corn output
Buenos Aires | Reuters –– Argentine farmers will likely sow less corn in the upcoming 2014-15 season if the government fails to stave off a new sovereign default in talks being held in New York this month, industry analysts said. Recession-hit Argentina is the world’s No. 3 exporter of corn and soybeans, but Argentine grain […] Read more
Ont. ag minister seeks ‘move away’ from wide neonic use
Ontario’s corn and soybean growers’ group says it’s insulted and disappointed to find out the provincial ag ministry plans to put new limits on the use of neonicotinoid pesticides. Grain Farmers of Ontario chairman Henry van Ankum said Monday the association is “extremely disappointed” to learn through the media — specifically, an article Sunday on […] Read more
Sunny weather doesn’t end Prairie flood risk
A period of relatively dry and sunny weather in eastern Saskatchewan and southern Manitoba between now and the weekend may allow overland water to pass, but doesn’t end the flood risk, agencies say. A high pressure system has moved into Manitoba and is expected to bring sunnier weather for the next three days, the provincial […] Read more
Chinese woman arrested in plot to steal U.S. corn technology
Reuters — A Chinese woman has been arrested and charged with trying to steal patented U.S. seed technology as part of a plot to smuggle types of specialized corn from farm fields in the U.S. Midwest for use in China, authorities said Wednesday. The woman, Mo Yun, is married to the founder and chairman of […] Read more
CropChatter: Why’s my corn going purple?
Some Manitoba producers are reporting purpling in the leaves of their recently-planted corn fields, according to provincial cereals specialist Pam de Rocquigny on the Manitoba CropChatter site. Purpling of corn plants indicates the plant is under some kind of stress, she wrote, and “in a lot of cases, these corn fields were planted after canola.” […] Read more
Declining U.S. DDGs still too expensive for Canada
CNS Canada — A move by China to restrict imports of corn-based distillers dried grains (DDGs) from the U.S. has cut into prices for the ethanol byproduct — but levels are still not cheap enough to see much of an increase in Canadian demand. While Canada was once the go-to destination for DDGs from the […] Read more
U.S. new-crop soybeans and corn under pressure
CNS Canada –– Improving weather conditions across the U.S. Midwest weighed on soybean and corn futures at the Chicago Board of Trade over the past week, and further declines are likely heading into the summer months, according to an analyst. Weather conditions across the Midwest’s corn- and soybean-growing regions have shown some improvement. Terry Reilly […] Read more
Warm weekend to help Man. farmers hang onto corn acres
CNS Canada — Corn growers in Manitoba have gotten off to a slower start than normal when it comes to planting due to cold, wet weather this spring. Farmers in the main corn growing regions of the province have been able to get a fair bit of the crop planted, however, and warm weather expected […] Read more
U.S. weather to determine price direction for CBOT beans, corn
CNS Canada — Soybean futures on the Chicago Board of Trade were higher during the week ended Wednesday, with new-crop gains outpacing old-crop as traders worked to correct the spread between the two, participants said. Old-crop values found some support from continued worries about tight U.S. supplies, with all contracts lifted by signs of persistent […] Read more
Canadian Cattlemen Presents: Depth of Field
