Corn and soybean producers faced dry weather in some areas last summer and yields varied across the province, but where faced low yields, Production Insurance helped out. A couple of areas were affected more severely by the dry weather and experienced yields lower than the historical average. Other parts of the province saw the highest […]
The big crops keep coming
With 2016 nearly in the history books, it seems fair to say that the year will be remembered for its record corn and soybean harvests. Never before has any country ever produced 15.23 billion bushels of corn or 4.36 bb of soybeans, let alone both in the same season.
Not only was 2016 a year of good harvest, it was the fourth consecutive year of good harvests and, because of that, ending surpluses grew larger. According to USDA, U.S. ending corn stocks will total 2.4 billion bushels in 2016-17 or 16.4% of annual use. That is the highest stocks-to-use ratio in 11 years, an impressive accomplishment that took DTN’s national index of cash corn prices below $3.00 a bushel in the fall to its lowest level in eight years. Read more
Canadian farmers expect production of wheat, barley and lentils to increase in 2016, while canola, soybean, corn for grain and oats are anticipated to decline.
Extremely dry and wet weather conditions in different parts of the country have played a significant role in the production expectations reported in the July survey. Read more
Source: DTN, Alastair Stewart South America Correspondent
VLI, a Brazilian logistics operator, announced it had opened two new grain terminals in the northern state of Tocantins, continuing the improvement in logistics in Brazil’s expansion regions.
The terminals serve the north-south railroad, also essentially controlled by VLI, on which beans and corn from Maranhao, Tocantins, Piaui, Bahia and eastern Mato Grosso will be transported to the northern port of Itaqui.
The R$264 million ($73 million) investment will increase grain capacity along the north-south route by up to 6 million metric tons (mmt), estimates VLI. Read more
Investors appear to be trimming expectations for the growth US corn sowings this year, as a key report looms, with futures markets boost the incentive for farmers to raise plantings of rival soybeans.
Rabobank on Thursday forecast a rise of 1m-1.5m acres in US corn plantings, from the 88.4m acres seeded last year.
And separately, US-based Global Commodity Analytics, citing results of a limited farmer survey, pegged seedings at 89.4m acres.
Earlier this week, Societe Generale put corn seedings at 89.0m acres, while Informa Economics on Friady pegged area at 89.5m acres.
Although all these forecasts would see US farmers raise sowings of the grain for the first time in four years, the estimates are below the 90.0m acres at which the US Department of Agriculture pegged seedings in an initial estimate last month.
An Allendale report last week did come in with a more upbeat estimate for corn sowings, of 90.4m acres. Read more
As the calendar has turned to a new year, the news from seed and chemical companies is that there is considerable confusion about seed-applied treatments. Growers, they’re finding, have been left with a mixed bag of information about the options available to them, much of which is flat out wrong.
Some growers believed they had no seed-applied options at all, while others were confused about the levels of neonicotinoid seed treatments they could use.
Some thought they could use 50 per cent, while others thought neonics had been banned altogether. Read more
Now that your crops are in the bin, it’s important to learn how to keep them conditioned and stored properly.
Throughout the winter months it’s important to monitor your soybean temperature, and to aerate your bins.
If you haven’t sold any beans then coring out your bin can be an option to remove some fines, and help stir the grain a bit.
It is important to make sure that soybeans are stored at a 14% moisture or lower. Don’t assume that because your beans went into the bin really dry, you don’t have to aerate. Those low moisture beans are still hot and need to have the field heat removed. Read more
By Owen Roberts,
A free half-day course is being offered to help Ontario farmers become certified for buying and using grain corn and soybean seed treated with Class 12 pesticides (imidacloprid, clothianidin or thiamethoxam), popularly called neonicotinoids.
The course, called the Integrated Pest Management (IPM) Course for Corn and Soybeans, is being made available through the University of Guelph’s Ridgetown campus and sponsored by the province.
As of next Aug. 31, buying and using neonicotinoid-treated corn or soybean seed will only be possible with training and certification. Certification is valid for five years. Up to seven people can be supervised to plant under this certification.
Participants will learn IPM principles (including corn and soybean pest identification), planting best management practices, the new regulatory requirements regarding Class 12 pesticides and pollinator protection from neonicotinoid exposure.
“The aim of this course is for farmers to further understand how to apply [integrated pest management] concepts to their own corn and soybean fields, specifically for the early season pests,” says Wentworth County farmer and Ontario Federation of Agriculture director Drew Spoelstra. “They’ll learn how to look for these pests on their farms and consider all the options for managing them.”
The in-class course starts Nov. 3 in Ridgetown. It will be followed by sessions in Woodstock, Verner, Simcoe, Elora, Wyoming, Winchester, Harrow, Clinton, Lindsay and Vineland Station. Participants can sign up for these and other courses at or by calling 1-866-225-9020.
The online course also starts Nov. 3. It requires four hours of commitment over two days. High-speed internet and computer competency are required.
There are no requirements for using non-treated seed or fungicide-only treated seed. Class 12 pesticides do not include seed for popping corn, sweet corn, or corn used for the production for seed (seed corn) or soybean seed grown for certified status in accordance with a seed production contract (seed soybeans).
Source: FCC Express, October 2, 2015
The crash in oil prices will be felt at the farm gate as demand and prices moderate for biofuel crops corn and soybean, says a new report from the Organization for Economic Co-operation and Development and the Food and Agriculture Organization of the United Nations.
The rise in production and demand for biofuels was an important driver of prices for corn, soybean and other grains in the past 10 years. The amount of corn being sent to biofuel plants tripled, as Read more
By Blair Andrews, QMI Agency
The next few years will be leaner when it comes to grain prices, a market analyst for an international feed and grain company warned Thursday at the Chatham-Kent Farm Show.
Bruce Trotter based his sobering outlook on a few factors, including lower growth expectations for China and the ethanol industry.
Trotter, who works in Blenheim as the managing director for the Canadian branch of Dutch-based Cefetra, said the era from 2006 to 2011 was a time of rising land prices and better crop margins driven by bio-fuel mandates and very high growth in China.
But the mandated growth in ethanol and bio-diesel is over, and he described the most recent years as an “ethanol hangover.” Read more
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