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Crops, Markets, Reuters

U.S. grains: U.S. soybean, corn, wheat futures bounce after sell-off

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Chicago | Reuters – U.S. soybean futures rose on Friday, with bargain buying in focus after prices fell to their lowest since late July a day earlier, traders said. Corn futures also ended firm after posting sharp declines on Thursday. All three commodities traded in both positive and negative territory, with concerns about tightening world supplies providing […] Read more
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Crops

Alberta harvest on the verge of completion

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MarketsFarm – Combining in Alberta is almost finished with the latest crop report indicating it’s at 96.3 per cent complete. The province’s Agriculture, Forestry and Rural Economic Development (AFRED) department noted that as of Oct. 4, the harvesting of all crops advanced nine points from the previous week due to dry weather. Of the 11 […] Read more
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Crops, Reuters

Biden overhauling U.S. marijuana policy

Prior federal offenses to be pardoned; moves could ease U.S. business for cannabis firms

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Washington | Reuters — U.S. President Joe Biden took steps to overhaul U.S. policy on marijuana on Thursday by pardoning thousands of people with federal offenses for simple marijuana possession — and initiating a review of how the drug is classified. Biden said thousands of people with prior federal convictions could be denied employment, housing […] Read more
CBOT November 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, wheat, corn fall as export concerns rise

Low depths on Mississippi hinder export traffic

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Chicago | Reuters — Chicago Board of Trade soybean futures fell to a 2-1/2 month low on Thursday, under pressure from the ongoing U.S. harvest and signs of weak overseas demand, traders said. Poor export demand also weighed on the corn and wheat markets as investors remained wary of an economic downturn. “The grain and […] Read more
Barley. (Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Barley values steady, wheat rises

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MarketsFarm — As the harvest across most of the Prairies begins to wind down, price movement for feed barley has remained fairly stable, according to Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “October is getting covered is what’s happening. There’s not too much room left for October,” Harakal said, noting the midway […] Read more
Degraded pastures or pastures converted to cropland offer more opportunity to increase soil carbon.
Livestock, Pasture

More grass, less gas, more money

Good grazing management pays dividends for both farmer and the environment

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As Canada works to reach the goals set in its 2030 Emissions Reduction Plan, many industries, including agriculture, are looking at ways to cut emissions, but discussed less often are measures to prevent them in the first place.  Alberta rancher and custom grazier Steve Kenyon is the lead grazing mentor in the Canadian Forage and […] Read more
CBOT December 2022 soft red winter wheat (candlesticks) with MGEX December 2022 hard red spring wheat (green open/high/low/close) and K.C. December 2022 hard red winter wheat (orange O/H/L/C). (Barchart)
Crops, Markets

CBOT weekly outlook: Tightening stocks underpin U.S. wheat, corn

USDA's soybean data seen as bearish

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MarketsFarm — Tighter-than-expected quarterly wheat and corn stocks in last Friday’s report from the U.S. Department of Agriculture provided the biggest influence on the futures markets over the past week, with larger soybean stocks putting some nearby pressure on that market. Corn stocks in the U.S., as of Sept. 1, came in at 1.377 billion […] Read more
CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy sags on recession fears, firm dollar

Corn inches higher, wheat down on day

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Chicago | Reuters — U.S. soybean futures ended down about one per cent on Wednesday on macroeconomic worries as the dollar bounced and brokers awaited more information on the size of the U.S. harvest, analysts said. Wheat futures closed lower after a choppy session but corn eked out a higher close as traders awaited fresh […] Read more

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