(Medioimages/Photodisc/Getty Images)

CBOT weekly outlook: Markets react to WASDE

MarketsFarm — Trading at the Chicago Board of Trade (CBOT) was mostly affected by the release of the U.S. Department of Agriculture’s supply and demand estimates (WASDE) released earlier today. Corn, wheat and soybeans were all projected for greater worldwide production in the 2021-22 crop year compared to the previous year. Worldwide corn production is […] Read more



CBOT July 2021 soybeans (candlesticks) with 20- and 100-day moving averages (light and dark green lines) and CBOT May 2021 soyoil (yellow high/low/close and left column). (Barchart)

U.S. grains: Soybeans reach highest since 2012 on supply woes

Corn, wheat down on WASDE report

Chicago | Reuters — U.S. soybean futures set an 8-1/2-year high on Wednesday after a key U.S. government crop report projected that supplies of the oilseed would remain tight even after the 2021 U.S. harvest. Soaring CBOT soybean oil futures lent support, with the thinly traded May soyoil contract reaching 72.32 cents/lb., an all-time high […] Read more

File photo of cattle grazing on Prince Edward Island. (ArodPEI/iStock/Getty Images)

Eastern drought zones set for livestock tax deferrals

Regions designated in P.E.I., N.S., N.B., Quebec

In a decision that may have come late for some, New Brunswick, Prince Edward Island and parts of southeastern Quebec and northwestern Nova Scotia have been declared drought zones for eligible livestock producers’ 2020 tax purposes. The federal government on Monday released its list and map of prescribed drought regions where tax deferral on sales […] Read more


CBOT July 2021 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soy futures top $16 for first time since 2012

Chicago corn, wheat also end higher

Chicago | Reuters — Benchmark U.S. soybean futures jumped above US$16 a bushel on Tuesday for the first time since 2012 as traders focused on tightening feed grain supplies and dry weather in Brazil’s corn belt, traders said. Corn and wheat futures also posted sharp gains, with nearby contracts leading the way up. A weaker […] Read more

Filming Guardians of the Grasslands.

Live launch for Guardians of the Grasslands draws over 500 viewers

After 18 months on the film festival circuit, Guardians of the Grasslands is now publicly available on YouTube.  The short documentary, produced by Ducks Unlimited Canada, the Nature Conservancy of Canada and the Canadian Cattlemen’s Association, outlines the role of cattle in preserving Canada’s Prairie ecosystem. Between September 2019 and March 2021, the film was […] Read more


Agriculture and Agri-Food Canada’s Drought Monitor map for the Prairie provinces as of April 30, 2021. (AAFC)

‘Extreme drought’ expands in Prairies

Southern Manitoba, southeastern Saskatchewan parched

MarketsFarm — The newly released map from Agriculture and Agri-Food Canada’s Canadian Drought Monitor (CDM) shows the Prairies’ ongoing drought getting worse. According to AAFC’s nationwide map released on Friday, southwestern Manitoba, parts of southern Saskatchewan and the southeast corner of Alberta are under CDM’s classification of Extreme (D3) drought as of April 30. Communities […] Read more