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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
Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)
Crops, Markets

CBOT weekly outlook: Corn could surprise in USDA’s acres report

Eyes on dry conditions in the Dakotas

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MarketsFarm — Although grains analyst Terry Reilly of Futures International said he isn’t expecting any big changes in two upcoming reports from the U.S. Department of Agriculture, he suggested there’s an opportunity for couple of notable alterations. USDA is scheduled to release its planted acreage and quarterly grain stocks reports on Friday at 11 a.m. […] Read more
Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)
Crops, Markets

Canadian canola, wheat area up on the year: StatCan

More soybean, corn acres also estimated

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MarketsFarm — Canadian farmers planted more canola than earlier intentions, according to updated acreage estimates from Statistics Canada released Wednesday. Meanwhile, wheat plantings hit their highest level in more than two decades. Total canola plantings were estimated at 22.1 million acres by the government agency, which compares with the 21.6 million expected in April and […] Read more
(Dave Bedard photo)
Crops, Markets

Analysts expect little change in new StatCan numbers

Weather was 'pretty conducive to plantings'

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MarketsFarm — Dry conditions in much of the Prairies this spring may leave seeding areas relatively unchanged ahead of Statistic Canada’s (StatCan) principal field crop report, due to be released Wednesday. It will be the second survey-based acreage report for the 2023-24 marketing year, after the first one was released in April. While growing conditions […] Read more
Photo: File
Crops, Markets, Weather

Repeat of record Australian wheat, canola crops unlikely

ABARES expects 2023-24 crop down on year

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MarketsFarm — After growing record-large wheat and canola crops in 2022-23, Australia is expected to see a significant drop in production in 2023-24 as developing El Nino weather patterns will likely cut rainfall through the growing season, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). […] Read more
Rain needed for soybeans, other southern Manitoba crops
Crops, Soybeans, Weather

Rain needed for soybeans, other southern Manitoba crops

Seeded soybeans projected to be up more than 40 million acres from 2022

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MarketsFarm – When Toban Dyck started to plant his 600-plus acres of soybeans this year, the soil in the Winkler, Man. area had pretty decent moisture content. But following the combination of hot temperatures and strong winds with little rainfall in May, precipitation is now much needed.  “There’s still a little bit of moisture there. […] Read more
FIle photo of a welcome sign at North Dakota’s southern state line. (Solange_Z/E+/Getty Images)
Crops, Markets

CBOT weekly outlook: North Dakota corn growers switch to soy, sunflower

'Tough day in the markets' as Black Sea deal extended

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MarketsFarm — Faced with a late start due to wet conditions, North Dakota farmers are changing their spring planting plans. They’re switching from corn to crops such as soybeans and sunflowers, according to analyst Tom Lilja of Progressive Ag in Fargo. “Guys just started rolling here on [May 14 and 15] fairly heavy. There was […] Read more
ICE July 2023 canola with 20- and 50-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola showing independent strength

Prairie weather uncertainty supportive

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MarketsFarm — ICE Futures’ canola market saw some independent strength relative to other oilseeds during the week ended Wednesday, as speculative positioning and the need to ration tight old-crop supplies provided support. Canadian canola stocks as of March 31 were pegged at 5.95 million tonnes by Statistics Canada in a report released Tuesday. That was […] Read more
(Dave Bedard photo)
Crops, Markets

Canada’s expected flax area smallest since 1950

Other commodity prices outperforming flax

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MarketsFarm — Blue flowery fields of flax will be fewer and farther between in Western Canada, according to Statistics Canada’s (StatCan) first survey-based seeding intentions report for 2023-24. In a report released late last month, StatCan projected only 689,000 acres of flaxseed to be planted this spring, an 11.6 per cent decrease from the year […] Read more
ICE July 2023 canola with 20-day moving average and November 2023 canola (yellow open/high/low/close). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Expect canola to climb higher

Seeding reported underway in southern Alberta

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MarketsFarm — As better-than-expected weather across the Canadian Prairies is very likely to spur on farmers to begin their spring seeding, the market is poised to push higher over the next couple of months, according to an analyst. “We have come down to the low end of the range,” said David Derwin, commodity futures advisor […] Read more

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