Insights and Stories on Crops

Weather outlook not great for Prairie crops

Jul. 13, 2023 at 7:34 pm CDT

MarketsFarm — Just when crops across the Canadian Prairies need rain, the outlook to the end of July according to Drew Lerner of World Weather Inc. pointed to conditions getting hotter and drier. “It does not look really good at the moment. We are going to see below normal rainfall […]

Preview: Railways, grain shippers at loggerheads over interswitching

Jul. 13, 2023 at 7:22 pm CDT

By Don Norman

UN scrambles to save Black Sea deal ahead of Monday deadline

Jul. 13, 2023 at 6:46 pm CDT

By Michelle Nichols

U.S. grains: Corn, soy rally as focus returns to weather, dollar

Jul. 13, 2023 at 5:50 pm CDT

By Julie Ingwersen

Keep a watchful eye for herbicide resistance

Jul. 13, 2023 at 5:12 pm CDT

U.S. grains: Corn hits 2-1/2-year low, soybeans tumble over USDA data

Jul. 12, 2023 at 7:17 pm CDT

Chicago | Reuters — U.S. corn futures fell to their lowest price since early 2021 on Wednesday after the U.S. Department of Agriculture projected a larger-than-expected domestic crop and rising supplies, analysts said. Soybean futures tumbled after USDA’s forecast of 2023-24 soy ending stocks fell above a range of trade […]

By Julie Ingwersen

UN asks Putin to extend Black Sea grain deal in return for SWIFT access

Jul. 12, 2023 at 5:54 pm CDT

United Nations | Reuters — U.N. Secretary-General Antonio Guterres has proposed to Russian President Vladimir Putin that he extend a deal allowing the safe Black Sea export of grain from Ukraine in return for connecting a subsidiary of Russia’s agricultural bank to the SWIFT international payment system, sources told Reuters. […]

By Michelle Nichols

ICE weekly outlook: Canola climbs on weather worries

Jul. 12, 2023 at 3:51 pm CDT

MarketsFarm — The ICE Futures canola market moved steadily higher during the week ended Wednesday, hitting its strongest levels in more than four months as bullish chart signals and production uncertainty across the Prairies provided support. A bearish reaction in the Chicago soy complex to the latest supply/demand estimates (WASDE) […]

By Phil Franz-Warkentin

CBOT weekly outlook: Markets react bearishly to WASDE report

Jul. 12, 2023 at 2:53 pm CDT

MarketsFarm — The Chicago Board of Trade (CBOT) saw futures come down after the U.S. Department of Agriculture (USDA) released its monthly world agricultural supply and demand estimates (WASDE) on Wednesday. Corn prices were 18 cents per bushel lower on the day, while soybeans lost 27-33 cents (all figures US$). […]

By Adam Peleshaty

Australia disappointed with China move to extend barley tariffs review

Jul. 11, 2023 at 7:40 pm CDT

Sydney | Reuters — Australia said on Wednesday it was disappointed that China has asked for another month to complete a review needed to lift tariffs on barley and warned it would resume a case at the World Trade Organization (WTO) if there was further delay. Australia on April 11 […]

By Renju Jose