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Crops Crops

A Concord Disc Drill HD double-disc opener. (ConcordSeeding.com)
Crops, Machinery

Concord seeding equipment brand to be discontinued

Products and designs to continue, but under Vaderstad banner

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A brand of air seeding equipment dating back almost five decades in North Dakota and beyond is poised to disappear in the 2024 model year. Concord — a brand owned since 2021 by an arm of Swedish seeding, planting and tillage equipment firm Väderstad — will no longer be sold under the Concord name, the […] Read more
Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)
Crops, Markets, Reuters

Putin to meet Erdogan amid push to revive grain deal

Turkey, UN seek to revive grain deal; Russia discussing separate plan

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Moscow | Reuters — Russian President Vladimir Putin will hold talks with Turkey’s Tayyip Erdogan on Monday in the Black Sea resort of Sochi as Ankara and the United Nations seek to revive a Ukraine grain export deal that helped ease a global food crisis. Russia quit the deal in July — a year after […] Read more
CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow line) and K.C. December 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat dips after earlier strength

Black Sea supplies weigh on market

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Chicago | Reuters — U.S. wheat prices reversed earlier gains to close lower on Friday, as markets weighed tight global stocks against the prospect of hefty Russian wheat production and efforts to renew a Black Sea grain deal. Chicago soybeans and corn also climbed after month-end positioning pushed futures lower much of the week and […] Read more
(Video screengrab from University of Guelph/OAC video via YouTube)
Crops

OAC to offer new master’s program in plant agriculture

New program would run alongside research-based degrees

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Ontario Agricultural College is seeking approvals to offer a new master’s degree in plant agriculture, which would designate plant science professionals operating at a grad-school level but not on the traditional research-based path. OAC said Wednesday its proposed new “master of plant agriculture” (MPAg) program would allow recent graduates and professionals to “quickly upgrade education […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Feed barley, wheat prices coming down

Feedlots' use of U.S. corn adds pressure

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MarketsFarm — Despite a hot and dry summer across much of the Prairies, prices for feed barley and feed wheat have fallen off over the past month. The high-delivered bid for Alberta feed barley was $8.06 per bushel, $1.42 less than one month ago, according to Prairie Ag Hotwire. Those in Saskatchewan and Manitoba were […] Read more
CBOT November 2023 soybeans with 20- and 50-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans end month up on crop stress

Wheat down as global supplies weigh on U.S. prices

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Chicago | Reuters — Chicago soybeans fell for a third consecutive session on Thursday, but ended the month higher as recent export activity and fears that dry weather damaged crops lent support. Wheat ended lower after trading both sides of even, pressured by plentiful global supplies. Corn ended the day and the month lower after […] Read more
Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the UN and Turkey, in the southern anchorage of the Bosphorus at Istanbul on Dec. 11, 2022. (File photo: Reuters/Yoruk Isik)
Crops, Markets, Reuters

Russia says will have talks with Turkey about alternative to Black Sea deal

Plan calls for Qatar's support to move Russian grain

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Reuters — Russian Foreign Minister Sergei Lavrov and Turkish counterpart Hakan Fidan will discuss a proposal by Moscow for an alternative to the Black Sea grain deal when they meet this week, Lavrov’s ministry said Wednesday. Under the plan, Russia would send a million tons of grain to Turkey at a discounted price, with financial […] Read more
ICE November 2023 FCOJ with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Fruit/Vegetables, Markets, Reuters

Orange juice prices near all-time high as storm hits Florida

Crop was already expected to be small

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New York | Reuters — Orange juice prices at the Intercontinental Exchange (ICE) rose more than three per cent on Wednesday, heading back toward an all-time high hit earlier this month, as storm Idalia slammed parts of main U.S. orange producer Florida. Contracts for frozen concentrated orange juice (FCOJ) at ICE hit a high of […] Read more
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans dip, despite exports

Damage to Canada's durum could impact pasta prices

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Chicago | Reuters — Chicago soybean prices fell for a second session on Wednesday, despite recent export activity, with analysts pointing to traders squaring positions heading into the end of the month. Wheat traded higher, supported by global demand and concerns about Canada’s crop. Corn was near even as traders wait for the harvest to […] Read more
ICE November 2023 canola with Bollinger bands (20,2). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Harvest pressure, farmer selling to guide canola

New StatCan figures 'right around expectations'

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MarketsFarm — Any fanfare from the long-awaited production estimates from Statistics Canada released on Tuesday was gone by the next day. ICE canola futures initially jumped by double digits that morning, but throughout that session the gains faded. By the end of Wednesday’s session, canola was down. “The StatCan report came in right around expectations. […] Read more

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