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Heat in the U.S. and Europe cause buyers and traders to take another look at their positions on ag commodities for the end of the week.  |  Michael Raine photo

Heat, shorts and covering raises crops

Canola rose on American soybean trades as the market in Chicago appeared to be busy covering short positions on the big oilseed. Combined with hot and dry weather in the region and the coming forecasts for the Midwest soybeans were up 20.25 US cents per bushel for August, September and November contracts. Soybeans finished the […] Read more

Weather is running the North American commodity markets for now, as current supply and demand takes the backseat and farmers plan for a normal fall progression.
 | File photo

Normal frost dates threaten delayed crops

Weather is running the North American commodity markets for now, as current supply and demand takes the backseat and farmers plan for a normal fall progression. “The markets will look to the weather every week now,” says Arlan Suderman, chief commodities economist at brokerage INTL FCStone. The U.S. National Oceanic and Atmospheric Administration declared the […] Read more

El Nino's end might allow a normal summer and an earlier fall than in recent years for the American Midwest. An average fall frost season will not be welcomed by American farmers with their later than average crops.  |  Michael Raine photo

El Nino dies and births higher prices

Weather is running the markets. With the WASDE out of the way for July, a hotter, drier forecast for the American Midwest send grain traders into a bullish stance, and prices rose for the end of the week. The United States National Oceanic and Atmospheric Administration declared El Nino dead this morning. Their Australian counterparts […] Read more


Rain is needed, soon, in eastern and south-central Manitoba. Otherwise, soybean, corn and canola yields could be pitiful in 2019.
 | File photo

Manitoba farmers watch for signs of rain

Rain is needed, soon, in eastern and south-central Manitoba. Otherwise, soybean, corn and canola yields could be pitiful in 2019. Clayton Harder, who farms north of Winnipeg, estimated that 15 millimetres of rain have fallen on his land since seeding. That’s basically nothing for the region around Winnipeg, which normally receives 150 mm of rain […] Read more

In June, hay production on the Prairies was about 50 percent of normal. | File photo

Producers collect weather data for Ag Canada

In June, hay production on the Prairies was about 50 percent of normal. That production is now closer to normal, thanks to 50 to 150 millimetres of rain across most of Western Canada in late June and early July. The 50 percent number comes from the Agro climate Impact Reporter (AIR), part of Agriculture Canada’s […] Read more


Acre estimate stuns U.S. producers

USDA expects a 91.7 million acre corn crop, but farmers insist it will be more like 86 million because of rain delays

The middle of America should be a dark shade of green. But this year satellite images of vegetative growth show that states like Illinois, Indiana and South Dakota are more like a lime green. That’s because incessant rains and an incredible amount of overland flooding delayed planting in the Midwest and surrounding states. Corn and […] Read more


Canola was up slightly, with encouragement from U.S. soy markets.  |  Michael Raine photo

Canola up, while cereals fall on good weather

November canola finished up 80 cents to $448.10 per tonne on the ICE futures market. January improved 90 cents to finish $454.90  and reaching out to May 2020 things improved $1.90 on the day, pushing it to $468. Wheat and corn took a hit to prices as those futures felt the pressure of a wide […] Read more


Clayton Harder estimated that 15 millimetres of rain have fallen on his farm since seeding. That's basically nothing for the region around Winnipeg, which normally receives 150 mm of rain in May and June. | File photo

Continued dryness threatens Manitoba crops

Clayton Harder has plenty of experience with fungicides. That’s because he farms near Winnipeg, one of the wettest regions in Western Canada. But this year he isn’t spraying fungicides on his canola, soybeans, wheat and other crops because conditions are severely dry on his farm north of Winnipeg. “I spoke to a couple of other […] Read more

Feed grain prices for feedlot alley in Lethbridge, Alta. took a tumble after parts of the Prairies received some much-needed rain. | File photo

Feed grain prices fall after rain

WINNIPEG – Feed grain prices for feedlot alley in Lethbridge, Alta. took a tumble after parts of the Prairies received some much-needed rain. Jim Beusekom, president of Market Place Commodities in Lethbridge, said barley and wheat prices recently dropped. Barley was around C$285 to C$290 per tonne in the local area, down about $10 from […] Read more