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Pinto beans. (Vergani_Fotografia/iStock/Getty Images)

Large Manitoba edible bean crop likely, weather willing

By Phil Franz-Warkentin, GFM Network News July 11, 2019

MarketsFarm — Manitoba could be looking at its largest edible bean crop in over a decade, as acres were up and early development generally looks good. Manitoba farmers seeded an estimated 163,700 acres of edible beans in 2019, according to Statistics Canada data. That would be up 20 per cent on the year and marks […] Read more

Crops, Machinery, Markets, Reuters, Weather

U.S. Midwest floods to weigh on diesel demand come harvest

By Stephanie Kelly, GFM Network News July 11, 2019

Putnam County, Ill. | Reuters — A disappointing planting season due to massive flooding in the U.S. Midwest this spring is expected to have spillover effects on diesel demand during harvest season, analysts and traders said. Heavy storms that lingered over the Midwest left millions of acres unseeded and put crops that were planted late […] Read more

Crops, Markets, Reuters, Weather

Major grain traders face one-two punch from U.S. floods, trade war

By Karl Plume, GFM Network News July 11, 2019

Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said. ADM and Bunge, as well as peers Cargill and Louis Dreyfus, known as the ABCD quartet of […] Read more

Crops, Pulses

Pulse exporter ILTA Grain under creditor protection

By MarketsFarm Team, GFM Network News July 10, 2019

Corrected, July 11 — MarketsFarm — B.C.- based pulse exporter ILTA Grain, which operates pulse handling and processing facilities in Saskatchewan, has been granted creditor protection by that province’s Supreme Court. “The decision to file for (Companies’ Creditors Arrangement Act protection) was made after careful consideration and in our view, is a necessary step for […] Read more

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

Canola, Crops, Markets

ICE weekly outlook: Not much faith in USDA’s WASDE

By Glen Hallick July 10, 2019

MarketsFarm — For one trader, the monthly world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA), aren’t something he spends a lot of time dealing with. “I don’t put a lot of faith in them,” said David Derwin of PI Financial in Winnipeg. This month’s WASDE could be something toward […] Read more

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

Crops, Markets, Reuters

U.S. grains: Soy, corn, wheat firm ahead of USDA monthly data

By Barbara Smith July 10, 2019

Chicago | Reuters — U.S. soybean, corn and wheat futures closed higher on Wednesday as traders adjusted positions a day before a monthly U.S. Department of Agriculture (USDA) report in which analysts expect the government to lower its 2019 U.S. yield estimates for corn and soybeans. The report due on Thursday is drawing extra interest […] Read more

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)

Barley, Crops, Markets

Feed weekly outlook: Grain prices back off previous highs

By Marlo Glass – MarketsFarm July 10, 2019

MarketsFarm — Feed barley prices have come down from June highs, which saw prices around $300 per tonne. Currently, feed barley is around $275-$280 as market participants anticipate arrival of new crops. However, demand for feed grains remains high, as “we’re still dealing with a full feedlot,” said Brandon Motz of CorNine Commodities at Lacombe, […] Read more

Canola, Crops, Markets

Fund short position grows in canola

By Phil Franz-Warkentin, GFM Network News July 10, 2019

MarketsFarm — Speculators were actively adding to their short positions in the ICE Futures canola market during the holiday week ended July 2, according to Monday’s commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position came in July 2 at 65,022, an increase of nearly […] Read more

Barley, Crops, Markets

Malt barley prices remain stable

By Marlo Glass – MarketsFarm July 9, 2019

MarketsFarm — Malt barley prices have held steady throughout the 2019 growing season as global demand remains strong. Malt prices in 2018 were driven about 15 per cent higher due to a global shortage. According to Farmlink, drought conditions caused Australia to produce “one of the smallest barley crops in recent memory.” The crops were […] Read more

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

Crops, Markets, Reuters, Weather

U.S. grains: Wheat, corn down on crop conditions, weather

By Barbara Smith July 9, 2019

Chicago | Reuters — Chicago corn and wheat futures settled down on Tuesday after the U.S. Department of Agriculture (USDA) raised its condition ratings for both grains and more crop-friendly weather was forecast for the Midwest. “This downward trend has been led by wheat,” said Ted Seifried of Zaner Group. “These crop conditions are absolutely […] 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

Daily Network News

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

Crops

Large Manitoba edible bean crop likely, weather willing

U.S. Midwest floods to weigh on diesel demand come harvest

Major grain traders face one-two punch from U.S. floods, trade war

Pulse exporter ILTA Grain under creditor protection

ICE weekly outlook: Not much faith in USDA’s WASDE

U.S. grains: Soy, corn, wheat firm ahead of USDA monthly data

Feed weekly outlook: Grain prices back off previous highs

Fund short position grows in canola

Malt barley prices remain stable

U.S. grains: Wheat, corn down on crop conditions, weather

Canadian Cattlemen Presents: Depth of Field

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