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U.S. grains and oilseeds trading South American weather/charts

Wheat rallied around Chinese purchases, soybeans came under pressure

The seasonal slowdown in the North American grain and oilseed markets has traders in the Chicago futures taking direction from shifting weather forecasts out of South America, with technical chart signals also at play in the futures heading into the New Year.

A close-up of a cover crop grazing blend at Ag in Motion, near Langham, Sask., in 2023.

Crops, Research

Surveyed producers report soil health benefits to cover cropping

Producers grazing cover crops reported soil health benefits, but cited a lack of information as a barrier

By Melissa Jeffers-Bezan December 5, 2023

Callum Morrison finds himself talking about cover crops constantly. It’s a topic he’s happy to dive into. “My job isn’t focusing on cover crops, but I think it’s always something I’m going to be interested in,” he says. He’s been working in the cover cropping area of research for years since he started his master […] Read more

Crops, Markets

Australian crops improve, but well off recent records

Winter crop harvest reportedly progressing quicker, earlier than recent years

By Phil Franz-Warkentin, GFM Network News December 4, 2023

Australia’s winter crop production likely beat earlier expectations but will still be down considerably compared to the record-large production in recent years, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).

Andrea Borodenko and Antoine Casimir have acquired Quebec’s Production Lareault.(CNW Group/Production Lareault)

Crops, Fruit/Vegetables

Major strawberry plant producer changes hands

New owners get funding to buy Lareault business

By Dave Bedard, GFM Network News December 4, 2023

The Quebec company billed as Canada’s largest producer of strawberry plants has picked up new ownership after nearly 70 years. Production Lareault, based on just over 450 acres at Lavaltrie, Que. — about 40 km northeast of Montreal, in the province’s Lanaudiere region — has been acquired by investors Antoine Casimir and Andrea Borodenko for […] Read more

(Screengrab from Merit Functional Foods video via YouTube)

Canola, Crops, Markets, Peas

Merit Foods pays off operating lender, no deal yet for plant

Plant-based protein processor in receivership since March

By Dave Bedard, GFM Network News December 4, 2023

A Winnipeg pea and canola protein processor in receivership since this spring remains mothballed for now with no firm buyer — but has paid off one of its three secured creditors. Merit Functional Foods, which entered receivership March 1 after just two years’ operation, has sold all its remaining finished and raw inventory and directed […] Read more

Crops, Markets, Reuters

Canadian wheat, canola harvests expand, rebound from dry conditions

Global wheat ending stocks have fallen four years in a row on tough weather conditions

By Reuters, Rod Nickel, GFM Network News December 4, 2023

Canadian farmers will harvest more wheat and canola than was expected several months ago, as crops rallied from dry conditions that threatened yields, a government report showed on Monday.

Cereals, Crops, Markets, Spring Wheat

Canadian spring wheat bids mixed following choppy U.S. futures

The Canadian dollar was up nearly two-thirds of a cent on its U.S. counterpart

By Phil Franz-Warkentin, GFM Network News December 1, 2023

Spring wheat bids in Western Canada were mixed during the week ended Nov. 1, as futures in the United States hit contract lows before bouncing higher and strength in the Canadian dollar cut into basis levels.

Crops, Markets

Higher canola, wheat production expected in StatCan report

Traders raise concerns about report accuracy

By Glen Hallick, GFM Network News December 1, 2023

MarketsFarm — There was a consensus among several traders and analysts that Statistics Canada will very likely raise its estimates on canola and wheat production for 2023-24. Yields on the Prairies were better than expected following a difficult first half of the growing period, as the weather improved during the second half. StatCan is set […] Read more

Barley, Corn, Crops, Markets

Feed weekly outlook: Corn imports, larger crop prospects pressure barley

StatCan expected to raise barley crop estimate

By Phil Franz-Warkentin, GFM Network News December 1, 2023

MarketsFarm — The feed barley market in Western Canada remains relatively flat as steady corn imports from the U.S. keep domestic feeders well supplied. Ideas that Canadian production ended up above earlier expectations were also keeping a lid on the domestic market. Delivered barley into the Lethbridge, Alta. area is currently priced in the $300-$320 […] Read more

CBOT March 2024 soft red winter wheat with 20-day moving average, MGEX March 2024 hard red spring wheat (yellow high/low/close) and K.C. March 2024 hard red winter wheat (orange H/L/C). (Barchart)

Crops, Markets, Reuters

U.S. grains: Chicago wheat, corn rally as export sales top forecasts

Soybeans lower in narrow trading

By brendan-obrien, GFM Network News November 30, 2023

Chicago | Reuters — Chicago wheat and corn futures climbed more than one per cent on Thursday as traders covered more short positions following a slump to multi-year lows and as weekly export sales topped forecasts and included sizeable purchases by major importer China. Soybeans were lower in range-bound trading after the U.S. Department of […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

Daily Network News

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

Crops

U.S. grains and oilseeds trading South American weather/charts

Surveyed producers report soil health benefits to cover cropping

Australian crops improve, but well off recent records

Major strawberry plant producer changes hands

Merit Foods pays off operating lender, no deal yet for plant

Canadian wheat, canola harvests expand, rebound from dry conditions

Canadian spring wheat bids mixed following choppy U.S. futures

Higher canola, wheat production expected in StatCan report

Feed weekly outlook: Corn imports, larger crop prospects pressure barley

U.S. grains: Chicago wheat, corn rally as export sales top forecasts

Canadian Cattlemen Presents: Depth of Field

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AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

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