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Crop Report - May 13

Manitoba Agriculture and Resource Development says total seeding progress is sitting at about 9 per cent complete, compared to the three-year average of 25 per cent.
 
Seeding has started for field peas, spring wheat, barley, faba beans and grain corn in all regions. Canola and sunflower planting has begun in the northwest and eastern regions.
 
Farmers are managing soil surface moisture with vertical tillage, multi-pass harrowing, or residue burning.
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$5 corn, $12 soybeans, $7 wheat & $750 canola! Is the top in and the party over with lower crude oil and an end to the Iran war?
The 2026 USDA May report could see ending stocks fall further due to red-hot U.S. corn exports, lower HRW production and lower Brazil corn production?
OK HRW wheat tour sees crop down 50% + Kansas Quality Council Wheat tour next week.
Headline news that U.S. could import Brazilian beef weighed on cattle futures.
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Stocks are on fire.
5 senators are in China planning ahead of the Trump/Xi meeting on May 14/15. CFTC.