Crops , Latest & Featured - Canadian Cattlemen

Sea surface temperature anomalies in degrees Celsius for the week centred on Feb. 1, 2017. (CPC.ncep.noaa.gov)

U.S. forecaster says La Nina faded, sees El Nino potential

By Reuters February 9, 2017

Reuters — A U.S. weather forecaster on Thursday said La Nina has faded and neutral conditions are likely to continue in the coming months, though it noted some chance that the El Nino phenomenon may reappear as early as the Northern Hemisphere spring. The Climate Prediction Center (CPC), an agency of the National Weather Service, […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat rallies to seven-month high after USDA data

By Michael Hirtzer February 9, 2017

Chicago | Reuters — U.S. wheat futures gained two per cent to a seven-month high on Thursday after the U.S. Department of Agriculture increased its export forecast and showed smaller-than-expected global supplies in a monthly report. Chicago Board of Trade soybean futures fell and corn prices declined narrowly from an earlier seven-month peak in the […] Read more

Brown mustard. (Peggy Greb photo courtesy ARS/USDA)

Crops

Mustard seeding to drop with higher stocks, competition

By Jade Markus February 9, 2017

CNS Canada — Stockpiles of mustard are likely to put a squeeze on the number of acres seeded in Canada this year, especially as the commodity competes price-wise with canola. Olds Products, North America’s second-biggest mustard manufacturer, has started contracting acres in Alberta, Saskatchewan, North Dakota and Montana. Seed division manager Walter Dyck expects less […] Read more

Crops, Reuters

Syngenta sees ChemChina deal closing in second quarter

By Ludwig Burger, Michael Shields February 8, 2017

Reuters — Swiss pesticides and seeds group Syngenta pushed back the expected closure of its agreed US$43 billion takeover by ChemChina to the second quarter of 2017, but said it was making progress in winning regulatory approval for the deal. The transaction is important for China, the world’s largest agricultural market, which is looking to […] Read more

Red lentils. (Photo courtesy U.S. Dry Pea and Lentil Council)

Crops, Lentils, Markets

Lack of buyer interest leaves lentil market without pulse

By Jade Markus February 8, 2017

CNS Canada — Lentil buyers are keeping to the sidelines as mixed weather reports from India bring an element of turbulence into the market. Crop conditions in India are generally favourable, keeping Canada’s old- and new-crop lentil markets quiet, said Bobby Leavins of Rayglen Commodities in Saskatoon. New-crop buyers are showing little interest until India’s […] Read more

March 2017 canola futures up to Feb. 8, 2017, including 20-day moving average in red. (Barchart.com)

Canola, Crops, Markets

ICE weekly outlook: Canola holds firm before USDA report

By Dave Sims February 8, 2017

CNS Canada — ICE Futures Canada canola contracts made steady gains during the week ended Wednesday, as traders positioned themselves ahead of Thursday’s release of the U.S. Department of Agriculture’s next supply and demand report. “We’ve had a bit of a run over the past week and a bit; we popped off some oversold levels,” […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: South American weather still key for soy, corn

By Phil Franz-Warkentin February 8, 2017

CNS Canada — South American weather uncertainty is lending underlying support to soybean and corn futures at the Chicago Board of Trade, with speculators likely to remain on the long side until production issues are more clearly sorted out, according to an analyst. “The funds don’t want to give up the ship, and there’s enough […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans hit two-week high on fund buying

By Michael Hirtzer February 8, 2017

Chicago | Reuters — U.S. soybean futures jumped to a two-week high on Wednesday while corn and wheat prices also rose on support from investment fund buying and position squaring ahead of a government crop report due on Thursday. Soybeans saw the biggest gains, with Chicago Board of Trade climbing 1.5 per cent for the […] Read more

Palmer amaranth. (United Soybean Board photo)

Crops, Reuters

Minnesota probes Palmer amaranth’s sudden appearance

By Renita D. Young February 8, 2017

Chicago | Reuters — Minnesota has launched an investigation to find the source of seed mixes contaminated with weed seeds after the aggressive, herbicide-resistant Palmer amaranth weed was found on 30 areas planted in a federal conservation program. The weed grows very fast, reaching up to eight feet in height and can hold back commercial […] Read more

Crops, Markets, Reuters

U.S. grains: Soy firms with export demand

By Mark Weinraub February 7, 2017

Chicago | Reuters — U.S. soybean futures rose on Tuesday on continued strong export demand as overseas buyers waited for the bulk of the expected bumper South America harvest to come online, traders said. “Beans continue to be the darling of the grains thanks to a long seasonal export tail, with the big anticipated shift […] Read more

Daily Network News

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Crops

U.S. forecaster says La Nina faded, sees El Nino potential

U.S. grains: Wheat rallies to seven-month high after USDA data

Mustard seeding to drop with higher stocks, competition

Syngenta sees ChemChina deal closing in second quarter

Lack of buyer interest leaves lentil market without pulse

ICE weekly outlook: Canola holds firm before USDA report

CBOT weekly outlook: South American weather still key for soy, corn

U.S. grains: Soybeans hit two-week high on fund buying

Minnesota probes Palmer amaranth’s sudden appearance

U.S. grains: Soy firms with export demand

Canadian Cattlemen Presents: Depth of Field

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