Insights and Stories of MarketsFarm

Drought expands across Canadian Prairies

Jun. 12, 2023 at 8:05 pm CDT

MarketsFarm — Warm and dry conditions across much of the Prairies in May caused drought conditions to worsen, especially in Alberta, according to the latest Drought Monitor report from Agriculture and Agri-Food Canada. As of May 31, an estimated 79 per cent of the Prairie region was classified as abnormally […]

USDA’s June WASDE report brings few notable changes

Jun. 9, 2023 at 5:53 pm CDT

By MarketsFarm

Late Indian monsoon to start in next two days

Jun. 7, 2023 at 4:27 pm CDT

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Repeat of record Australian wheat, canola crops unlikely

Jun. 6, 2023 at 2:46 pm CDT

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Pulse weekly outlook: Dryness to cut into Australian production

Jun. 6, 2023 at 2:30 pm CDT

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April grain deliveries see increases all around

May. 29, 2023 at 5:03 pm CDT

MarketsFarm –– Producer deliveries of major grains last month were up nearly 40 per cent when compared to April 2022, according to Statistics Canada (StatCan). In April 2023 more than 3.44 million tonnes of grain were delivered, versus 2.46 million a year ago. The uptick in deliveries continued to demonstrate […]

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IGC boosts estimates for global corn, soy production

May. 18, 2023 at 7:41 pm CDT

MarketsFarm — The International Grains Council (IGC) on Thursday bumped up its forecast for total global grain production for 2023-24 to a record 2.294 billion tonnes, raising outputs for corn and soybeans but reducing its call for wheat. Compared to the IGC’s April report, it added three million tonnes to […]

By MarketsFarm

U.K. to increase rapeseed, product output in 2023-24

May. 15, 2023 at 4:16 pm CDT

MarketsFarm — With the rapeseed crop in the United Kingdom estimated at 66 per cent good to excellent, the U.S. Department of Agriculture attaché in London, forecast production for 2023-24 to be 1.38 million tonnes. That would make for a 1.4 per cent increase over the 2022-23 crop. While the […]

By MarketsFarm

World production seen up with more corn, soybeans

Apr. 20, 2023 at 2:49 pm CDT

MarketsFarm — As the International Grains Council (IGC) raised its estimate for total world grain production in 2023-24, its forecast on corn and soybeans were increased as well. Meanwhile, production estimates for wheat were held steady. The London-based IGC issued its latest supply and demand report on Thursday. World grain […]

By MarketsFarm

Less wheat expected in Kazakhstan in 2023-24, despite same acres

Apr. 19, 2023 at 3:06 pm CDT

MarketsFarm — As the 2022-23 crop year in Kazakhstan begins to wind down, the U.S. Department of Agriculture (USDA) attaché in the country’s capital of Astana estimated its wheat production at 16.4 million tonnes. Should that forecast hold, the attaché’s report noted it would be the largest wheat harvest since […]

By MarketsFarm