corn acres Archives | Canadian Cattlemen

CBOT weekly outlook: What happens with corn, will happen to soybeans

By Glen Hallick - MarketsFarm June 12, 2019

MarketsFarm — Although there were no major changes to soybeans in June’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture, the commodity’s price shot up on the Chicago Board of Trade. USDA on Tuesday issued its monthly WASDE report, in which estimated U.S. corn production was lowered by nine per […] Read more

Livestock, Markets, Reuters

U.S. livestock: Cattle tumble as USDA report rallies corn

By Karl Plume March 29, 2018

Chicago | Reuters — U.S. live cattle futures fell sharply on Thursday as a rally in the corn market sent feeder cattle tumbling and as weak cash cattle prices and rising supplies weighed on sentiment, traders said. The actively traded Chicago Mercantile Exchange June contract dropped by the three-cent-per-pound daily limit to settle at 102.575 […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn market attention shifts north

By Phil Franz-Warkentin - MarketsFarm March 21, 2018

CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved lower over the past week, but stabilized at those lows as attention shifts from weather concerns in Argentina to planting intentions in North America. Rains in Argentina over the past weekend helped ease dryness concerns there somewhat and caused soybeans and […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy faces bullish charts, bearish fundamentals

By Phil Franz-Warkentin - MarketsFarm February 21, 2018

CNS Canada — Soybean futures at the Chicago Board of Trade posted solid gains over the past month on the back of weather concerns in Argentina. While there’s more room to the upside from a technical standpoint, the fundamentals are starting to become old news. “I think the Argentine story is a little bit exaggerated, […] Read more

Corn, Crops, Markets

Manitoba corn rides strong yields through bearish market

By Dave Sims January 15, 2018

CNS Canada — Even as large world supplies continue to weigh down the North American corn market, farmers in Manitoba can continue to hang their hats on strong yields, according to an industry expert. Manitoba’s average yield from the 2017 crop was 134 bushels an acre, according to Myron Krahn, president of the Manitoba Corn […] Read more

Crops, Markets, Reuters

U.S. corn, soy acreage to expand in 2018-19, USDA says

By Reuters November 28, 2017

Chicago | Reuters — U.S. farmers are likely to expand plantings of both corn and soybeans while reducing wheat seedings for the upcoming marketing year, the U.S. Agriculture Department said on Tuesday. The USDA’s Office of the Chief Economist forecast that farmers will seed 91 million acres of corn in the 2018-19 crop year, up […] Read more

Corn, Crops, Weather

Lower U.S. corn acres raise optimism for Manitoba growers

By Dave Sims June 6, 2017

CNS Canada — A wet spring in the U.S. has forced many farmers to switch out corn acres in favour of alternative crops — a practice that could potentially raise prices for Manitoba farmers, an industry watcher said. “It’s encouraging on the price outlook to see they (U.S. farmers) put less acres in,” said Myron […] Read more

Crops

Farmers wait for fertilizer prices to fall amid oversupply

By Dave Sims May 31, 2017

CNS Canada — As more fertilizer plants are built around the world and U.S. corn acreage shrinks, the typical thinking holds that prices for urea and nitrogen should fall, but that hasn’t been the case so far for Canadian farmers. “They’re more on the steady side,” said Todd Lewis, president of the Agricultural Producers Association […] Read more

Corn, Crops, Weather

Delayed planting on Prairies could reduce corn acres

By Dave Sims February 24, 2017

CNS Canada — Record yields for Manitoba corn last year have raised the attractiveness of the commodity for many growers. However, the chances for a delayed spring this year could dampen that enthusiasm, according to one industry watcher. “If we get into a delayed planting situation we may see producers switch their corn acres into […] Read more

Corn, Crops, Soybeans, Weather

StatsCan confirms drought impact on Ontario yield

By John Greig December 9, 2016

Statistics Canada has confirmed what most farmers in Ontario knew this past summer: Hot and droughty conditions drove production of corn and soybeans almost 10 per cent lower than 2015 levels. StatsCan’s harvest report, released this week, also showed the large wheat crop in Ontario was a record, with a 56 per cent increase in […] Read more

CBOT weekly outlook: Commodities hold up while waiting on China

U.S. livestock: Hogs rally again, cattle up on cash strength

U.S. grains: Wheat, corn ease after rallies

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