Crops , Latest & Featured - Canadian Cattlemen

CBOT December 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn plunges most in three years on crop estimate surprises

By Barbara Smith August 12, 2019

Chicago | Reuters — Chicago corn futures fell nearly six per cent on Monday, their biggest drop in more than three years, after the U.S. Department of Agriculture forecast a bigger-than-expected harvest. USDA forecast the 2019-20 corn crop at 13.901 billion bushels, above the 13.875 billion bushels expected in July. A Reuters poll of analysts […] Read more

Canola, Crops, Markets

Funds add to canola short position in early August

By Phil Franz-Warkentin August 12, 2019

MarketsFarm — Fund traders added to their large net short position in canola during the first week of the new crop year, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in canola came in at 69,062 on Tuesday (Aug. 6), […] Read more

The post-WASDE chart: CBOT September 2019 corn (black), soybeans (yellow) and wheat (orange) and K.C. September 2019 wheat (orange). (Barchart)

Crops, Markets, Weather

USDA’s August WASDE report hits commodity markets hard

By Glen Hallick August 12, 2019

MarketsFarm — With markets largely rangebound since the end of June, the U.S. Department of Agriculture (USDA) released its long-awaited supply and demand report late Monday morning. The initial reaction on the markets was bearish, with corn prices being hit very hard, down 25 cents per bushel for the September and December contracts on the […] Read more

Crops

Couche-Tard takes stake in cannabis retailer

By GFM Staff August 12, 2019

One of Canada’s biggest convenience store operators is moving ahead on its stated goal of getting into the retail cannabis business. Edmonton-based cannabis retailer Fire + Flower announced Wednesday it has issued a $25.99 million debenture, convertible to a 9.9 per cent ownership stake, to Quebec’s Alimentation Couche-Tard. The Laval-based firm said its planned investment […] Read more

File photo of lentils being moved into bins in Saskatchewan. (Bobloblaw/iStock/Getty Images)

Crops, Lentils, Soybeans

Cargill not taking glufosinate-desiccated lentils

By GFM Staff August 11, 2019

One of the world’s biggest grain companies has decided not to chance accepting Canadian lentils that were desiccated with a well known herbicide. Cargill announced Friday it will now have a “no tolerance” restriction on glufosinate ammonia in its grain delivery terms for lentils, including lentils that have had the Group 10 herbicide applied in […] Read more

Crops, Reuters

Bayer mediator dismisses report of Roundup settlement

By jonathan-stempel, Ludwig Burger August 10, 2019

New York/Frankfurt | Reuters — Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as much as 11 per cent higher. “Bayer has not proposed paying $8 billion […] Read more

File photo of a green soybean crop south of Winnipeg. (Dougall_Photography/iStock/Getty Images)

Crops, Pulses, Weather

Pulse weekly outlook: Manitoba crops facing dry conditions

By Glen Hallick, GFM Network News August 10, 2019

MarketsFarm — Varying dry conditions are set to take a toll on Manitoba’s pulse crops this year. Some crops have stunted due to dry conditions throughout the year, said Serena Klippenstein, production specialist with Manitoba Pulse and Soybean Growers. Overall, crop conditions are still dependent on the soil type and where they are in the […] Read more

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets, Weather, Winter Wheat

Feed weekly outlook: Varying yields make for average crop

By Marlo Glass – MarketsFarm August 9, 2019

MarketsFarm — Feed grain crop yields are expected to be about average across the Prairies as harvest has kicked off. “It appears we’ll have somewhat of an average crop, with a bunch of high-yield areas and a bunch of low yield areas averaged together,” said Jim Beusekom, president of Market Place Commodities in Lethbridge. New-crop […] Read more

Crops, Spring Wheat, Winter Wheat

Cash wheat: Prices stronger in varying degrees

By Glen Hallick August 9, 2019

MarketsFarm — Wheat bids in Western Canada were generally up for the week ended Aug. 8, with gains in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats in all locations. Durum (CWAD) was either side of steady, depending on location. The Canadian dollar was down by almost a quarter of a […] Read more

CBOT November 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Soy firm, corn mixed ahead of USDA report

By Karl Plume August 9, 2019

Chicago | Reuters — U.S. soybean futures jumped to a 1-1/2-week high on Friday and posted their first weekly gain in a month, lifted by technical buying and short-covering amid concerns that dry U.S. Midwest weather would limit crop production. Corn and wheat were mixed as investors squared positions ahead of an eagerly awaited U.S. […] 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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