Category: Grains

Grower Pesticide Education Course – February 12th

On February 12th, Haggerty is pleased to host an Ontario Grower Pesticide Course. Location will be at the Cairo United Church, 7563 Haggerty Road (located just West of 79 Highway-Cairo Road, south of Bentpath Line). Starting time is 8:45am running all day until approximately 4pm. Lunch is provided. For those renewing their licenses and wishing… CLICK HERE to Read More

January USDA Report Summary

The report was a mixed bag. 2014 corn yield was lowered again to 171 bpa from 173.4 in November.  This was below the average analyst estimations. As a result ending stocks are down from previous estimations but still large at 1.877 billion bushels. 2014 soybean yield per acre was increased, which surprised many.  An impressive… CLICK HERE to Read More

2015 USDA Report Dates

List of Upcoming USDA Reports January 12th:  Crop Production, Grain Stocks and USDA Supply-Demand February 10th:  Crop Production, USDA Supply/Demand March 10th:  Crop Production, USDA Supply/Demand 13th: PPI Corn, Woybeans 31st:  Prospective Plantings, Grain Stocks April 13th:  Crop Progress (Weekly Each Monday Following)

Corn Test Weight and other 2014 Harvest Questions

A common topic this year around the coffee pot at Haggerty Creek has been corn test weights and their in-field variability. While there is never one single thing that determines the test weight – let’s start with the basics – attached is the current Canadian Grain Commission chart for corn test weight: Assuming all other… CLICK HERE to Read More

Oct 10th USDA Report Summary

My comment is that this is report where everyone knew what was going to happen. USDA pegged corn yield at 174.2, up from 171.7 in September.  Soybean yield up to 47.1 bu from 46.6   All in all a big crop.  That, said, the markets have been positive before and following.   That said –… CLICK HERE to Read More

June USDA World Crop Report

The USDA report today as seen as bearish, especially with wheat.    Corn yield estimated at 165.3 bushels per acre which is going to be  a large crop. Soybean yield pegged at 45.2 (above analyst predictions). Some supportive numbers are corn stockpiles at 1146 million bushels which is below the average of the trade estimates.  That… CLICK HERE to Read More

March 31st USDA Report Summary and Comments

Some surprises on this report – mostly that US Corn stocks were 94 Million bu lower than trade estimates at 7.006 Million bushels.  This, coupled with prospective corn acres coming it at the lower range of the trade estimates, has supported the corn price, up 10c at the time of this posting. As expected Soybean… CLICK HERE to Read More

March 10th USDA Report

The report was generally considered to be bearish but the big surprise was the error in the soybean exports (initially reported as 55 million but corrected to 36 million bushels. Soybeans led the downward trend that said we are seeing a slight comeback this morning. Trade is talking bearish for March 31st USDA report on… CLICK HERE to Read More

Grain Marketing Outlook with Jeff Sherman from Mid-Co

Jeff Sherman is the commodity risk consultant from MIDCO Commodities located in Des Moines, Iowa. He has 20 years experience in trading cash grain futures.  This is his fifth trip to Ontario giving a perspective on the North American and world grain markets. There are 3 locations available to Haggerty customers: Wardsville Golf Club – February… CLICK HERE to Read More

January 10th USDA Crop Report – Summary

January 10th 2013 USDA Crop Report Summary Here is Chuck’s review of the latest USDA Crop Report, summarizing their final yield for the 2013 US Crop. CORN This was a bullish report for corn.  Production was estimated lower at 13.925 Billion bushels, down from the December estimate of 13.989 Billion.  The USDA arrived at this estimate… CLICK HERE to Read More