Crops , Latest & Featured - Canadian Cattlemen

U.S. grains: Corn hits one-week high on weather worries

By Julie Ingwersen May 19, 2017

Chicago | Reuters — U.S. corn futures rose nearly two per cent on Friday and notched a one-week high as worries about cool temperatures and excessive rains in the Midwest prompted traders to cover short positions ahead of the weekend, analysts said. Soybeans firmed following Thursday’s three per cent selloff as Brazil’s currency stabilized. Wheat […] Read more

Crops, Weather

Production outlook keeps canary seed under pressure

By Dave Sims, GFM Network News May 18, 2017

CNS Canada — Excess soil moisture is holding up planting of canary seed in Saskatchewan, though according to one market watcher, the overall production outlook for 2017 is good, leaving prices struggling to rise. “Prices are soft,” said Kevin Hursh, executive director of the Canaryseed Development Commission of Saskatchewan. Prices remain locked in the 19- […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

MGEX spring wheat premium widening over winter wheat

By Phil Franz-Warkentin May 18, 2017

CNS Canada –– Concerns over poor-quality North American wheat crops have seen the Minneapolis spring wheat premium widen over Kansas City winter wheat — and that spread could grow even larger heading into the summer, according to a U.S. analyst. The nearby MGEX spring wheat contract settled up 3.75 cents on Wednesday, while the corresponding […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans fall as Brazilian currency dives

By Julie Ingwersen May 18, 2017

Chicago | Reuters — U.S. soybean futures fell more than three per cent on Thursday as a plunge in the value of Brazil’s currency encouraged Brazilian farmers to step up sales from their record-large harvest, analysts said. Corn and wheat followed soybeans lower. Chicago Board of Trade July soybean futures settled down 31 cents at […] Read more

BHP Billiton, whose Jansen, Sask. mine shaft is shown here, describes the mine as its “most advanced” project but still in its feasibility study stage. (BHPBilliton.com)

Crops, Reuters

BHP stays course on potash mine few expected built

By Rod Nickel May 18, 2017

New York | Reuters — BHP Billiton’s Canadian potash mine will use advanced, cost-saving technology, giving it a competitive edge in a currently oversupplied fertilizer market, the executive in charge of the business said on Thursday. Australia-based BHP aims to start potash production at Jansen, Sask., about 70 km southeast of Humboldt, in 2023, eventually […] Read more

Crops, Reuters

EU to propose 10-year licence renewal for glyphosate

By Reuters May 18, 2017

Brussels | Reuters — The European Commission will propose extending by 10 years its approval for glyphosate, the active ingredient in Monsanto’s Roundup herbicide, a spokeswoman said on Wednesday. A transatlantic row over possible risks to human health has prompted investigations by congressional committees in the U.S., and in Europe has forced a delay to […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Weather concerns keep room to the upside

By Phil Franz-Warkentin May 17, 2017

CNS Canada — Soybean and corn futures at the Chicago Board of Trade remain rangebound overall, though there may be room to the upside despite the generally bearish underlying fundamentals, according to an analyst. While large South American crops should weigh on both commodities, U.S. production is still very much in the air as excessive […] Read more

Canola, Crops, Markets

ICE weekly outlook: Weather to spark ‘tug-of-war’ in canola

By Jade Markus May 17, 2017

CNS Canada — ICE Futures Canada canola traders are keenly watching Prairie weather, with variability expected to keep the market choppy in the near term, one analyst says. “There’s a little tug-of-war, back and forth; traders watch as every cloud goes across the Prairies,” said Keith Ferley, commodity futures advisor at RBC Dominion Securities in […] Read more

Crops, Oats, Weather

Prairie oats at tipping point

By Phil Franz-Warkentin May 17, 2017

CNS Canada –– Seeding delays in Western Canada could see more area shift into oats, which need a shorter growing season and minimal inputs compared to other options. However, with many fields still unharvested from last year, a tipping point will eventually be reached when nothing will be seeded at all in some areas. In […] Read more

Crops, Reuters

Undaunted by glut, new potash players bank on fertilizer rebound

By Rod Nickel May 17, 2017

New York | Reuters — The owners of several new potash mines that are adding fertilizer to an already oversupplied market are banking on better times, bucking industry thinking that the projects may snuff a modest price recovery. The drive to build new mines began when potash prices were higher, but last year prices slid […] Read more

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Crops

U.S. grains: Corn hits one-week high on weather worries

Production outlook keeps canary seed under pressure

MGEX spring wheat premium widening over winter wheat

U.S. grains: Soybeans fall as Brazilian currency dives

BHP stays course on potash mine few expected built

EU to propose 10-year licence renewal for glyphosate

CBOT weekly outlook: Weather concerns keep room to the upside

ICE weekly outlook: Weather to spark ‘tug-of-war’ in canola

Prairie oats at tipping point

Undaunted by glut, new potash players bank on fertilizer rebound

Canadian Cattlemen Presents: Depth of Field

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