MarketsFarm –– Supply/demand estimates for Canadian crops were largely left unchanged in Agriculture and Agri-Food Canada’s (AAFC) latest projections, with only the wheat numbers seeing small adjustments in the report […] Read more
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Cereals
AAFC supply/demand estimates mostly unchanged
Wheat exports up, but domestic usage cut
Federal report shows farmer concerns remain regarding emissions targets
AAFC report polled farmers, industry for thoughts on fertilizer emissions policy
A new Agriculture and Agri-food Canada (AAFC) report shows farmers remain concerned about federal emissions reduction targets — and whether those targets remain voluntary. The “What We Heard” Report, released […] Read more
Manitoba’s Red River Valley at major risk for flooding
Province's March flood outlook report cites U.S. storms as reason
Manitoba has significantly raised the risk of spring flooding in its Red River Valley, follow “recent precipitation events south of the border.” Manitoba Transportation and Infrastructure’s Hydrologic Forecast Centre on […] Read more
U.S. grains: Chicago corn turns higher
CBOT soy, wheat fall on long liquidation
Mexico City | Reuters — Chicago corn futures turned higher Wednesday, and wheat and soy closed down, as technical trading and investor unease about the economy roiled agricultural commodity markets. […] Read more
No big changes in current weather patterns
Potential for some precipitation in early April
MarketsFarm — With spring officially underway, don’t expect a lot of major changes in the current weather patterns across the Canadian Prairies and the U.S. northern Plains, according to Drew […] Read more
U.S. pushes back against Russian demands linked to Ukraine grain deal
Russian food, fertilizer already carved out from sanctions, U.S. says
United Nations | Reuters — The United States pushed back on Russian demands that Western sanctions be eased before it allows Ukrainian Black Sea grain exports beyond mid-May, saying there […] Read more
U.S. grains: Chicago soy closes lower
Brazil production, Fed in focus for soy; wheat, corn still capped by Black Sea deal extension
Reuters — Chicago soy futures reversed gains to close lower on Tuesday, pushed down by rising estimates of Brazilian production, while corn and wheat dipped as markets kept a cautious […] Read more
CN, mechanics avert strike with tentative deal
Ratification votes pending
Canadian National Railway and the union representing its mechanics and intermodal and clerical workers have reached a tentative labour deal, averting a potential strike. CN, Unifor Local 100 and Unifor […] Read more
U.S. grains: Soy closes higher on rising crude oil, stocks values
Ukraine Black Sea grain deal extended for at least 60 days
Mexico City | Reuters — Chicago Board of Trade soy futures rallied from a three-month low to close higher on Monday, catching a tailwind from U.S. stocks reassured by the […] Read more
Ukraine Black Sea grain deal extended for at least 60 days
UN, Turkey not yet specifying extension's duration
Ankara/United Nations | Reuters — A deal allowing the safe Black Sea export of Ukrainian grain was renewed on Saturday for at least 60 days — half the intended period […] Read more