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

U.S. grains: Soy, corn ease as traders expect improving weather

By Tom Polansek June 21, 2019

Chicago | Reuters — U.S. corn and soybean futures slumped on Friday on expectations that crops may benefit next week from a break in the rains that stalled plantings across the American Midwest this spring. Widespread storms caused unprecedented delays in corn plantings and prevented farmers from planting crops across millions of acres. The weather […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Rains fuel crop worries, lift corn, soy, wheat

By Tom Polansek, GFM Network News June 20, 2019

Chicago | Reuters — U.S. grain and soybean futures jumped on Thursday as expectations for more rain in the U.S. Midwest heightened worries about bad weather reducing autumn harvests. Forecasts called for rain over the next five days, which would keep some fields too wet to plant and add stress to planted crops that are […] Read more

Canopy Growth CEO Bruce Linton applauds after handing Ian Power and Nikki Rose, who were first in line to purchase the first legal recreational marijuana after midnight, their purchases at a Tweed retail store in St John’s, N.L. on Oct. 17, 2018. (Photo: Reuters/Chris Wattie)

Crops, Markets, Reuters

Cannabis tax revenue below projections in early months

By Reuters June 20, 2019

Ottawa | Reuters — Canada’s federal and provincial governments earned $186 million in tax revenues from direct sales of cannabis in the first 5-1/2 months of legalization, Statistics Canada data showed on Wednesday, after two major provinces cut their revenue forecasts. Statistics Canada found Ottawa collected a combined $55 million in revenue via federal excise […] Read more

Belchim’s head office in Belgium. (Belchim.com)

Crops

EU crop chem firm Belchim buys full control of Canadian arm

By GFM Staff June 20, 2019

The Belgian crop chemical firm that bought a majority stake of Canadian crop chemical distributor Engage Agro in 2016 has bought up the rest of the business. Belchim Crop Protection announced Monday it had increased its stake in the Guelph-based company — which it renamed Belchim Crop Protection Canada in 2017 — to 100 per […] Read more

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

Canola, Crops, Markets

ICE weekly outlook: Weather the main factor in canola bids

By Glen Hallick June 19, 2019

MarketsFarm — Forecasts of rain for Western Canada will certainly help canola in terms of growing this year, said David Derwin of PI Financial in Winnipeg. “I spoke with several farmers from across the Prairies who said we got some good rains, a few who didn’t, but by in large, it’s good and the forecasts […] Read more

Crops, Markets, Peas, Pulses

Pulse weekly outlook: India’s drought could be field pea opportunity

By Marlo Glass – MarketsFarm June 19, 2019

MarketsFarm — Though India has curbed its pulse crop imports from Canada in recent years due to disagreements over crop control and fumigation, a challenging growing season in India could make Canadian pulses more attractive. Drought-like conditions in key growing areas of India have killed dozens of people and endangered crops. According to Reuters, key […] Read more

CBOT July 2019 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Corn, Crops, Markets, Soybeans, Spring Wheat

CBOT weekly outlook: Bullish U.S. Midwest weather story not over

By Phil Franz-Warkentin June 19, 2019

MarketsFarm — Corn and soybean futures at the Chicago Board of Trade may have run into some profit-taking resistance, but underlying concerns over wet fields and lost acres should keep the general uptrend in place heading through the summer. “I don’t think this weather story is anywhere near over,” said Preston Zacharias of CHS Hedging’s […] Read more

CBOT July 2019 corn with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn down second session after five-year high

By Julie Ingwersen June 19, 2019

Chicago | Reuters — U.S. corn futures fell about two per cent on Wednesday, sagging for a second straight session as an absence of fresh bullish news prompted investors to book profits after multi-year highs set this week. Soybean and wheat futures followed the weak trend, with a few analysts citing improving U.S. weather forecasts. […] Read more

Wheat in southeastern Saskatchewan on May 31, 2019. (Leeann Minogue photo)

Cereals, Crops, Forages, Weather

Saskatchewan extends greenfeed seeding deadline

By GFM Staff June 19, 2019

Saskatchewan farmers who still want to put in cereal crops for greenfeed with crop insurance coverage will get an extra couple of weeks to do so. Saskatchewan Crop Insurance on Wednesday announced an extension on the June 30 deadline for seeding crops for greenfeed, to July 15. Producers who have crop insurance will now be […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

USMCA ratification bill amends Canada Grain Act

By Allan Dawson June 19, 2019

U.S. complaints that Canada discriminates against its wheat will be addressed, if Canadian legislation to ratify the updated North American Free Trade Agreement becomes law. Bill C-100, the implementing legislation for the United States-Mexico-Canada Agreement (USMCA), received first and second reading in the House of Commons May 29 and last Tuesday (June 11) respectively. It […] Read more

Daily Network News

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Crops

U.S. grains: Soy, corn ease as traders expect improving weather

U.S. grains: Rains fuel crop worries, lift corn, soy, wheat

Cannabis tax revenue below projections in early months

EU crop chem firm Belchim buys full control of Canadian arm

ICE weekly outlook: Weather the main factor in canola bids

Pulse weekly outlook: India’s drought could be field pea opportunity

CBOT weekly outlook: Bullish U.S. Midwest weather story not over

U.S. grains: Corn down second session after five-year high

Saskatchewan extends greenfeed seeding deadline

USMCA ratification bill amends Canada Grain Act

Canadian Cattlemen Presents: Depth of Field

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