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File photo of a southern Alberta field as spring approaches. (BrendanHunter/iStock/Getty Images)
Crops, Weather

Prairie soil moisture picture growing clearer

Alberta driest; Saskatchewan variable; Manitoba mostly OK

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It’s a variable soil moisture picture on the Prairies as seeding season draws nearer. The east has enough moisture — and in some cases too much. And it gets progressively drier toward the west, with portions of Alberta nearing critical condition, according to one weather watcher. Bruce Burnett, weather and markets director for the MarketsFarm […] Read more
CBOT May 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago soybeans up on major U.S. crush

USDA says winter wheat at 27 per cent good or excellent condition

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Mexico City | Reuters — Soybean futures gained following strong U.S. crushing data on Monday, while wheat and corn also closed higher after several eastern European countries banned grain and other food imports from Ukraine, casting further doubt on Ukrainian exports. Members of the National Oilseed Processors Association (NOPA) said the U.S. soybean crush jumped […] Read more
Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets, Reuters

Bans on Ukrainian grain imports mount as Kyiv seeks transit deal

Poland, Hungary ban imports; Slovakia follows

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Kyiv/Rava-Ruska, Ukraine | Reuters — Slovakia on Monday joined Poland and Hungary in banning grain imports from Ukraine as even Kyiv’s staunchest allies come under domestic pressure to shield their agriculture markets. The heat is mounting on Brussels to work out a European Union wide solution after Warsaw and Budapest announced bans on some imports […] Read more
A nameplate outside the Canadian Grain Commission building in downtown Winnipeg. (Dave Bedard photo)
Crops

CGC, other fed workers to strike Tuesday night if no wage deal reached

Tax season, passport renewals may also be affected

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Ottawa | Reuters — Some 155,000 public workers in Canada will go on strike at midnight on Wednesday if they are unable to reach a wage deal with the federal government, the leader of the Public Service Alliance of Canada (PSAC) union said on Monday. PSAC president Chris Aylward said he was “setting a clock […] Read more
File photo of soybeans being loaded for transport in Argentina. (Wirestock/iStock/Getty Images)
Crops, Soybeans, Weather

Argentina soybeans expected to go from horrible to great

El Nino expected to improve growing conditions

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MarketsFarm — While Argentina is headed to one of its worst soybean harvests in decades, the U.S. Department of Agriculture (USDA) attaché in Buenos Aires projects a huge turnaround in 2023-24. Argentina is the world’s third-largest grower of soybeans — a fair amount less than Brazil and the U.S., but a lot more than other […] Read more
Gerrit van der Scheer, CEO of Mechan’s parent firm Zweegers Equipment Group, with Toromont senior advisor Larry Moffatt (l-r). (Photo courtesy Mechan International)
Crops, Machinery

Toromont to sell Manitoba Agco, Claas dealer chain

Dutch firm to buy AgWest

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Canada’s Caterpillar equipment distributor for Manitoba and points east is set to sell a major Manitoba dealer of Agco’s farm equipment brands as well as the province’s exclusive dealer for Claas combines. Toromont Industries announced Monday it will sell its AgWest Ltd. arm to Dutch equipment distributor Mechan International, effective May 1. Neither company would […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Stronger loonie sends bids down

U.S. wheat futures also down on week

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MarketsFarm — A rising Canadian dollar helped lower western Canadian wheat bids for the week ended Thursday despite an array of supportive factors. As the central and southern U.S. Plains deal with severe drought in winter wheat-growing areas, a large snowpack in the northern Plains threatens to delay spring wheat seeding by a few weeks. […] Read more
Photo: Getty Images
Crops, Markets, Reuters, Soybeans

Drought curtails Argentina’s latest ‘soy dollar’ scheme

Soy supply 'a very different situation' now

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Buenos Aires | Reuters — Farmers participating in Argentina’s “soy dollar” plan to boost exports have traded less than half of the soybeans they had traded at the same point during the previous plan, due to the impact of a drought, the Rosario grains exchange said on Friday. The Argentina government launched its latest “soy […] Read more
CBOT May 2023 corn with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn continues climb, closes higher for fourth week

Traders watching cooler weather in U.S. southern Plains

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Mexico City | Reuters — Chicago corn futures settled higher on Friday, making the fourth straight week of gains, after a week of flash sales to China and demand for ethanol processing. Soybeans closed lower, ending a gains streak since late March, as a record Brazilian harvest tempered concern about drought losses in Argentina. The […] Read more
File photo of a soybean field in Argentina. (Federico Weyland/iStock/Getty Images)
Crops, Markets, Reuters, Soybeans, Weather

Vast tracts of drought-hit Argentine soy fields seen going unharvested

Yet more cuts to production possible

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Buenos Aires | Reuters — Argentina’s Buenos Aires grains exchange on Thursday said farmers would likely leave large tracts of soy fields unharvested due to damage from a historic drought, which could lead to more cuts to its 25 million-tonne production forecast. Argentina is the world’s top exporter of soybean oil and meal, but its […] Read more

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