Insights and Stories on Crop Conditions

Sep. 7, 2022 at 6:15 pm CDT

MarketsFarm — Ahead of the next supply and demand report from the U.S. Department of Agriculture (USDA), due out Monday, Allendale Inc. president Steve Georgy said corn and soybean acres are likely to increase, while yields are to decrease. Georgy projected USDA will up its call on U.S. planted corn […]

By Glen Hallick - MarketsFarm

Sep. 6, 2022 at 6:43 pm CDT

MarketsFarm — Australia’s 2022 winter pulse crop will see its ups and downs, according to a quarterly crop report released Tuesday by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES). Chickpeas saw the largest projected production decline, dropping 41.5 per cent from the 2021-22 marketing year to […]

By Adam Peleshaty

Sep. 6, 2022 at 6:26 pm CDT

MarketsFarm — While there’s not one specific cause of the hot September the Canadian Prairies has generally been having so far, Weatherlogics chief scientist Scott Kehler notes one particular shorter-term factor. “There is a fairly strong upper-level ridge of high pressure across the Prairies right now,” he explained, adding it […]

By Glen Hallick - MarketsFarm

Sep. 6, 2022 at 4:08 pm CDT

Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Tuesday as Argentina’s decision to offer farmers a better exchange rate for their crops threatened to raise export competition at a time when U.S. offerings typically dominate the market. “It just makes more product readily available short-term,” said […]

By Mark Weinraub

Aug. 31, 2022 at 2:46 pm CDT

MarketsFarm — The Pro Farmer Midwest Crop Tour earlier this month brought attention to a potential reduction of corn yields in some areas of the U.S., causing a rally in prices. However, after crop conditions did not fall as expected, prices underwent a correction, according to one analyst. The U.S. […]

By Adam Peleshaty