Crops , Latest & Featured - Canadian Cattlemen

Prairie oats market stable, but strong

By Phil Franz-Warkentin October 28, 2019

Oats bids in Western Canada have stabilized for the time being, as the weather concerns that propped up the market at the beginning of the month are largely factored in. “It’s a pretty stable market. Stable, but strong,” said Scott Shiels, of Grain Millers Inc. in Yorkton, Sask. Prices moved up at the beginning of […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans bounce off two-week low on U.S.-China trade hopes

By P.J. Huffstutter October 28, 2019

Chicago | Reuters – U.S. soybean futures inched up on Monday, rising off a two-week low touched on Friday on hopes for progress in trade talks between Washington and Beijing to settle a conflict that has heavily reduced U.S. agricultural exports to China. Meanwhile, corn and wheat futures slipped on expectations a U.S. Department of Agriculture (USDA) […] Read more

Cereals, Markets

Western Canadian wheat bids mostly lower

By Marlo Glass – MarketsFarm October 28, 2019

Wheat bids in Western Canada were mostly lower for the week ended October 24. Losses were observed in Canadian Western Red Spring Wheat (CWRS) and Canadian Red Spring (CPSR), with Canadian Western Amber Durum (CWAD) staying steady to slightly lower. Average CWRS (13.5 per cent) wheat prices were down by C$7 to C$8 per tonne, […] Read more

Crops, Markets

Alberta farmers well ahead of last year’s pace

By Glen Hallick October 28, 2019

With decent weather, Alberta farmers made good harvest progress for the week ended Oct. 22, according to the province’s latest weekly crop report issued Oct. 25. Province-wide progress vaulted from just under 59 per cent for the week ended Oct. 15 to almost 74.5 per cent. That said the overall harvest remains behind the five-year […] Read more

Canola, Markets

Fund traders still bearish on canola as open interest falls

By Phil Franz-Warkentin October 28, 2019

Commodity fund traders were back on the sell side in canola and corn during the week ended Oct. 22, but added to their net long position in soybeans, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE […] Read more

Crops, Weather

Hail, storm damage to crops during September, October

By MarketsFarm Team, GFM Network News October 25, 2019

Despite temperatures largely below normal for September and October, there were some instances of hail damage to crops in Manitoba and Saskatchewan. The Canadian Crop Hail Association (CCHA) said there were 53 cases of hail damage – as well as storm damage – in the two provinces. In Manitoba, storms that struck between Sept. 28 […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans drop as harvest accelerates

By Karl Plume October 25, 2019

Chicago | Reuters – U.S. soybean futures fell to two-week lows on Friday on an accelerating U.S. harvest and disappointing demand from China as purchases have not lived up to trade expectations since Beijing offered crushers a quota of duty-free imports early this week. Wheat firmed for just the second time this week on optimism […] Read more

Australia is suffering from a third year of drought, resulting in a deep reduction in agriculture output. Photo: Thinkstock

Crops, Reuters

Australia drought cuts IGC global wheat crop outlook

By Nigel Hunt October 25, 2019

London | Reuters – The International Grains Council (IGC) on Thursday trimmed its forecast for global wheat production in the 2019/20 season as the outlook for Australia’s crop dimmed. In its monthly update, the inter-governmental body cut its global wheat production projection by 2 million tonnes to 762 million tonnes. The wheat crop in Australia […] Read more

Crops

Saskatchewan farmers make good harvest progress

By Glen Hallick October 24, 2019

MarketsFarm – Farmers throughout Saskatchewan made good progress in their harvesting over the last week, according to the province’s latest weekly crop report. With little precipitation during the week ended Oct. 21, the harvest rose from 69 to 83 per cent complete province-wide. However, it’s still 10 points behind the average pace. Also, the report […] Read more

Cereals, Crops, Markets

Crop, field conditions to determine what’s feed

By Glen Hallick October 24, 2019

MarketsFarm – Given the difficult conditions grain farmers have contended with in 2019, especially the cold, wet conditions that’s drawing out the harvest, it’s hard to say how much wheat and barley will end up as feed, according to one broker. “I really think we don’t know what to expect. There’s wheat coming off even […] Read more

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

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