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(Photo courtesy Canada Beef Inc.)
Barley, Corn, Crops, Markets

Feed weekly outlook: U.S. corn moving into Canadian feedlots

Canada's feed grain exports down on year

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MarketsFarm — The steady flow of corn from the United States into Canadian feedlots should keep prices for domestic feed grains under pressure for the foreseeable future. Canada imported 91,100 tonnes of corn from the U.S. during the week ended Nov. 2, taking the marketing-year-to-date total to 221,700 tonnes, according to the latest U.S. Department […] Read more
File photo of a partially harvested cornfield in Minnesota. (Emholk/iStock/Getty Images)
Crops, Markets

USDA’s WASDE report throws a few curveballs

Corn carryover up significantly

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MarketsFarm — There were some surprises in the November world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture, released Thursday. USDA defied trade expectations when it came to 2023-24 ending stocks of U.S. corn, soybeans, and all wheat, with those being higher. As well, the department came in above what the […] Read more
1/includes barley processed domestically and then exported as malt; the 10 year average is 2013 through 2022 crop years.
Barley, Markets

Barley market update

Market Talk with Jerry Klassen

By
During the second week of October, southern Alberta feedlots were buying feed barley in the range of $330-$340/tonne delivered. In central Alberta, major operations were making purchases from $290-$335/tonne delivered. The barley harvest has wrapped up across Western Canada and producer selling appears to be easing. The market appears to be stabilizing at the current […] Read more
(Bicks.ca)
Crops

Smucker to shed Bick’s brand

Pickle brand, other Canadian condiments to go to TreeHouse

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U.S. food firm J.M. Smucker has a deal in place to sell off the Canadian pickle brand Bick’s and a portfolio of condiment brands it makes for the Canadian market. Ohio-based Smucker announced Oct. 17 it will sell the Bick’s brand plus the Habitant pickled beets, Woodman’s horseradish and McLarens pickled onions brands to Illinois […] Read more
(Combyne Ag video screengrab via YouTube)
Crops, Machinery, Markets

Bayer’s crop marketing, crop production platforms in sync

FieldView, Combyne platforms now integrated

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Combyne, the made-in-Canada grain marketing platform Bayer bought earlier this year, is now fully on speaking terms with the company’s Climate FieldView precision ag platform. Bayer on Oct. 30 announced integration of the two platforms, which it said will allow grain farmers in Canada and the U.S. to connect their marketing data in Combyne and […] Read more
ICE January 2024 canola with 20-day moving average (yellow line, right column) and CBOT January 2024 soybeans (green line, left column). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Soy complex supporting canola

'Canola has been largely pulled up'

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MarketsFarm — Amid falling crude oil prices, canola prices are staying strong, largely due to the Chicago soy complex, according to a Calgary analyst. Errol Anderson of ProMarket Communications has been impressed with canola’s recent rise. The January contract on ICE Futures was as low at $672 per tonne on Nov. 2 before rising to […] Read more
(Qingwa/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Small changes expected in November WASDE

'Corn is going to be an issue in Brazil'

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MarketsFarm — There will likely be some minor tweaks to the November supply and demand report from the U.S. Department of Agriculture on Thursday. USDA is set to publish its world agriculture supply and demand estimates (WASDE) at 11 a.m. CT. “I would say the [U.S.] corn production estimates are very likely to hold steady, […] Read more
(File photo by Dave Bedard)
Crops, Reuters

Appeals court blocks California warning labels for glyphosate

Decision important in ongoing lawsuits, Bayer says

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Reuters — A divided U.S. federal appeals court on Tuesday said California cannot require businesses to warn consumers about the potential dangers of glyphosate, an ingredient in Roundup herbicide that has been linked to cancer. Upholding a permanent injunction, the Ninth U.S. Circuit Court of Appeals in San Francisco found it unconstitutional to force Bayer’s […] Read more
CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans spike on China demand, Brazil weather

Wheat rallies on Argentina outlook

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Chicago | Reuters — Chicago soybean prices rallied to a two-month high on Wednesday, after the U.S. Department of Agriculture confirmed a Reuters report that China booked its largest single-day U.S. soybean purchases since at least late July. Unfavourable weather conditions in Brazil were also supportive, traders said. Meanwhile, corn turned higher on the day […] Read more
File photo of laker vessels navigating the Welland Canal. (JonathanNicholls/iStock/Getty Images)
Crops, Machinery, Markets

Seaway workers ratify labour deal

Deal ended one-week strike on waterway

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Unionized workers on the St. Lawrence Seaway in Ontario and Quebec have voted their approval of the agreement that brought them in off the picket line. Unifor, which represents about 360 Seaway workers across five locals in the two provinces, announced Thursday its members had voted to ratify a three-year agreement retroactive to April 1. […] Read more

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