acres Archives | Canadian Cattlemen

ICE weekly outlook: Not much faith in USDA’s WASDE

By Glen Hallick - MarketsFarm 5 days ago

MarketsFarm — For one trader, the monthly world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA), aren’t something he spends a lot of time dealing with. “I don’t put a lot of faith in them,” said David Derwin of PI Financial in Winnipeg. This month’s WASDE could be something toward […] Read more

Crops, Markets, Peas

Pulse weekly outlook: Field pea acreage increasing

By Marlo Glass July 4, 2019

MarketsFarm — Last week’s report from Statistics Canada estimated that some acreage in Canada’s canola belt will instead go to field peas in 2019. Approximately 4.3 million total acres will be dedicated to field peas, StatsCan said, marking a 300,000-acre increase from estimates earlier in the year, and up from the 3.6 million acres seeded […] Read more

Crops, Markets, Reuters

U.S. grains: Corn settles up as crop rated below expectations

By Barbara Smith July 2, 2019

Chicago | Reuters — Chicago corn futures closed higher for the first time in five sessions on Tuesday on technical buying and lower-than-expected condition ratings for developing U.S. crops, analysts said. Following widespread U.S. planting delays this spring, traders have shifted their attention to production prospects for crops that got seeded. Periodic light rains expected […] Read more

Crops, Markets

Less canola, more barley area expected in next StatsCan report

By Marlo Glass June 24, 2019

MarketsFarm — Canadian farmers will likely grow less canola and more barley in 2019, though the jury is out on exact acreage numbers ahead of Statistics Canada’s seeded area estimates due out Wednesday. Barley prices have hit “historic highs” thanks to inclement corn-growing weather in the United States, which has buoyed most feed grain prices. […] Read more

Crops, Markets

Corn down, soybeans steady in latest U.S. supply/demand report

By GFM Network News June 11, 2019

MarketsFarm — Corn production in the U.S. has been projected to drop by almost nine per cent in 2019, according to the latest world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA). The department released its report on June 11, with some notable changes and ‘non-changes’ compared to its May […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy rise as report shows rain slows plantings

By P.J. Huffstutter June 4, 2019

Chicago | Reuters — Chicago Board of Trade (CBOT) corn futures rose on Tuesday to revisit last week’s three-year highs after the U.S. Department of Agriculture said U.S. planting was well behind the average pace for this time of year following repeated rainfall. Soybeans rose too as rain also slowed U.S. sowings, according to the […] Read more

Barley, Crops, Markets

Feed weekly outlook: Weather buoys grain prices

By Marlo Glass May 30, 2019

MarketsFarm –– A dry spring on the Prairies, coupled with intensely wet weather south of the border, has frustrated producers and supported higher feed grain prices. Barley prices have rallied “quite strongly” due to dry weather observed across most of the Prairies, combined with tight supplies from previous years, said Nelson Neumann of Agfinity in […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Trade volatile ahead of USDA announcement

By Marlo Glass May 22, 2019

MarketsFarm — The Chicago Board of Trade saw “a wild ride of volatility” on Wednesday, following rumours of a U.S. Department of Agriculture farm aid package that could top US$15 billion. The package would include payments of about $2 per bushel for soybeans and four cents per bushel for corn, according to Bloomberg. An official […] Read more

Crops, Markets, Peas

Pulse weekly outlook: Planted green, yellow peas lower prices

By Marlo Glass May 14, 2019

MarketsFarm — Green and yellow pea seeding is well underway across the Prairies, causing new-crop prices to slide marginally while spot prices hold firm. As Dale McManus, a broker with Johnston Grain at Welwyn, Sask., explained, seeded acres and new crop prices have an inverse relationship: as seeded acres rise, new crop prices fall. Producers […] Read more

Crops, Markets, Reuters

U.S. grains: Export worries, big supplies drag soybean futures to new lows

By Karl Plume May 1, 2019

Chicago | Reuters — U.S. soybean futures fell to fresh contract lows on Wednesday, pressured by sluggish exports and worries that rain-delayed U.S. corn seeding would expand the number of acres planted with soybeans, which can be sown later in the spring. Corn futures firmed as soggy fields around much of the Midwest and forecasts […] Read more

Consultations begin online for replacing Alberta’s Bill 6

Alberta to lengthen public leases for ‘exemplary’ ranching

Cargill shuts China feed mills as swine fever spreads

GFM Network News