Chicago Board of Trade corn and soybean futures hovered around multi-month lows on Thursday, with corn again notching life-of-contract lows, as favourable U.S. weather and expectations of record Brazilian crops maintained supply pressure.
Pulses
U.S. grains: Chicago corn drops to more contract lows as heavy supply weighs
Chicago Board of Trade front and back-month corn futures notched lifetime lows on Wednesday on expectations of a hefty Brazilian corn crop and a lack of weather threats for the large U.S. corn crop that has recently been seeded, traders said.
Manitoba crops in good shape: Report
Rainfall amounts vary widely
Crops in Manitoba continued to come along nicely, the provincial agriculture department reported for the week ended June 24.
U.S. grains: Chicago wheat falls on harvest pressure; corn hits contract lows
Chicago wheat futures sank on Tuesday on pressure from the ongoing harvest in the U.S. Plains and Black Sea as well as a lack of weather threats, analysts said.
U.S. grains: Soybeans slump on ‘greenhouse’ weather in US
Chicago soybean futures eased on Monday as favorable U.S. crop weather took the focus away from U.S. strikes on Iran conducted over the weekend.
Saskatchewan Pulse Growers reduces check-off levy
The group has seen a significant increase in its unrestricted surplus, which was $12.6 million at the end of the last fiscal year
Saskatchewan Pulse Growers have reduced the check-off levy from 0.67 per cent to 0.6 per cent of gross sales at the first point of sale.
Alberta crops 21 points below average but soil moisture improving
Prior to Alberta getting rain over the weekend of June 21 and 22, the province's crops were well below the five-year average for ratings. As of June 17, Alberta Agriculture said they were listed as 50 per cent good to excellent overall compared to the average of 71 per cent.
AAFC makes more adjustments to canola numbers
Also changes dry pea data
With exports of Canadian canola still going strong in 2024/25, Agriculture and Agri-Food Canada readjusted its estimates in its June supply and demand report.
U.S. grains: Corn, soybeans slip on profit-taking, favourable Midwest weather
U.S. corn and soybean futures fell on Friday as favourable weather in much of the Midwest boosted crop production potential and as traders squared positions ahead of the weekend, analysts said.
New crop insurer policy enables easier startup for fababeans
Alberta’s Agriculture Financial Services Corp. updates its ‘normals’ to reflect growing production in the province
Agriculture Financial Services Corporation updated its normals for fababeans, which may open the door for more Canadian producers to feel comfortable growing the pulse crop in the future.
