USDA Chart

USDA Throws Corn a Curve Ball

Divide Between USDA, Trade Yield Estimates Mostly Due to Different Methodologies

In a ballgame eerily similar to last year, USDA threw a curve ball at the corn market Thursday. But unlike last August when the bulls were able to hit that bearish offering and close higher, this year they clearly swung and missed.

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Canola and wheat field photo

Principal field crop areas, June 2017

Canadian producers reported seeding record areas of canola and soybeans in 2017, with the canola area exceeding wheat (all varieties combined) for the first time ever. Seeded acreage of corn for grain and oats also increased. Meanwhile, the areas seeded to all wheat, lentils and barley declined from 2016.

Due to unseasonal early snow last fall, harvesting in some parts of the country was delayed until this spring. Additionally, localized areas reported very wet spring conditions and some flooding occurred in Ontario and Quebec. These conditions may have affected some of the seeded areas reported. Read more

150 years of Canadian agriculture

The 2016 Census of Agriculture marks the 22nd census since Confederation in 1867. Just as Canada as a country has evolved over the past 150 years, so too has the agriculture sector. Agriculture has used innovation to push the bounds of production, transforming farming from the small scale to a highly mechanized and advanced industry.

While there are fewer agricultural operations in Canada than there were in 1871, the average farm size has risen consistently—from 98 acres in 1871 to 820 acres in 2016. Canada reported 14 times as much wheat acreage in 2016 than was reported on the first Census of Agriculture in 1871. There were also 10 times as many pigs and 5 times as many head of cattle as reported in 1871. Read more

Preparing grain bins for harvest

Preparing grain bins for harvest should be done to maintain the quality of grain and to make sure the areas around bins are ready for the busy season ahead. It is also a good time to inspect any mechanical components and clean up around the bin. Simple maintenance and safety rules will make sure we don’t experience any difficulties in the season ahead.

A key reason why people become entrapped in grain is because grain stored in bins is spoiled. Making sure that the bins are ready to be loaded with newly harvested grain reduces the risk of spoilage. If the grain is in good condition, people don’t have to enter the bin, reducing the risk of entrapment. Read more

Heat stress

Heat stress can be a killer on the job site. Outside of the direct consequences such as heat stroke, heat stress can cause incidents due to loss of focus or excessive fatigue on the job.

Heat-related illnesses

Heat cramps

 

Heat cramps are painful, brief muscle cramps. Muscles may spasm or spasm involuntarily. Heat cramps can occur during exercise or work in a hot environment or begin a few hours later.

Heat exhaustion

There are two types of heat exhaustion. Read more

CBOT building

CBOT weekly outlook: Weather watching trade in summertime

Corn and soybean futures at the Chicago Board of Trade are hanging in a seasonal weather-based market, with traders watching crop conditions week-to-week.

Corn

Corn futures have downside potential, gathering influence from wheat futures and crop ratings in the near term.

“I’m looking for an improvement in crop ratings next week, which might put a little light pressure on corn,” said Terry Reilly of Futures International.

The market had a support level at $3.7125, he added (all figures US$). Prices broke below that level on Wednesday.

Spreading between wheat and corn markets has also kept CBOT corn from rallying over the past several sessions, Reilly said. Read more

Wheat kernels photo 1

Optimizing winter wheat quality at harvest


When we think about getting the highest yields and the best quality out of our winter wheat crop we tend to think about management practices such as timely planting, variety selection, nutrient management (nitrogen, phosphorus, potassium and sulphur), as well as timely fungicide and herbicide applications. However, one management practice that can often be overlooked or forgotten about in terms of managing wheat quality is a timely harvest. As winter wheat harvest quickly approaches don’t forget to plan ahead to ensure you maintain the highest quality wheat possible by reducing your pre-harvest sprouting and fusarium risk. Read more

wheat plant closeup photo

Ontario field crop report

June 1, 2017

Cereals

Winter wheat growth stages are relatively normal at this point in the season; the crop may have looked a bit ahead in weeks past but conditions have been relatively cool. Wheat is in head throughout Southwestern Ontario and beginning to head in western/central Ontario.

Some winter wheat fields are looking yellow, even where nitrogen and sulphur have been applied. It is expected that in most cases there is still nitrogen available, but that wheat fields are under stress from sitting in wet conditions for an extended period of time. Leaching below the root zone can occur, especially on light soils, with significant precipitation. Transpiration by the wheat crop, however, has helped reduce downward water (and nitrate) movement. Significant nitrogen leaching is not expected to have occurred in most wheat fields. Read more