Agrifood firms unable to source enough grain domestically due to last year’s drought have imported a record amount through a major St. Lawrence River grain terminal this year. Winnipeg grain […] Read more
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Cereals
Prairie drought spurs record imports via Trois-Rivieres
G3 terminal reports record incoming grain handle
La Nina conditions to continue, but odds lower into winter
Reuters — Chances for La Niña are expected to gradually decrease from 86 per cent in the coming season to 60 per cent during December to February in 2022-23, a […] Read more
U.S. grains: Chicago grains firm on yield uncertainty ahead of USDA report
Grains also underpinned by U.S. dollar fall after inflation data
Chicago | Reuters — Chicago wheat and soybean futures closed higher on Thursday as a weaker U.S. dollar lent support to dollar-priced commodities and traders squared up their positions ahead […] Read more
Corn quality ‘highly variable,’ silage seen as option for some growers
OMAFRA Field Crop Report for the week of August 8
Much of the province received rain this past week, with significant rainfall (over 76 mm or 3 inches) in Huron Shores and Georgian Bay and eastern Ontario. A 25 to […] Read more
U.S. grains: Corn, wheat futures extend gains on crop risks
Wheat market also weighs prospects for more Ukraine exports
Chicago | Reuters — Chicago Board of Trade corn and wheat futures rose on Wednesday, as hot, dry weather in parts of the U.S. and Europe kept attention on harvest […] Read more
U.N. expects ‘big uptick’ in ships wanting to export Ukraine grain
United Nations | Reuters — The United Nations expects a “big uptick” in ships wanting to export Ukraine grain through the Black Sea after transit procedures were agreed and a […] Read more
Cargill fiscal 2022 revenue jumps to record US$165 billion
Reuters — Global commodities trader Cargill on Tuesday reported that its fiscal year 2022 revenue jumped 23 per cent from a year earlier to a record US$165 billion. The strong […] Read more
Feds apologize for Saskatchewan farming colony scheme
Apology comes year after settlement with Peepeekisis Cree Nation
Just under a year after Peepeekisis Cree Nation’s settlement with the Canadian government over the File Hills Colony forced farming scheme, the federal government has made a formal apology. Operating […] Read more
Four things to know about grain contracts
Lawyers share practical tips for better understanding terms and conditions
Contracts are important grain marketing tools. While price may be a key reason why farmers agree to a contract, there are other factors to consider. Some farmers in western Canada […] Read more
U.S. grains: Corn, soybeans gain as U.S. crop ratings decline
Restart of Ukraine sea exports anchors wheat
Chicago | Reuters — U.S. corn and soybean futures climbed to their highest in more than a week on Tuesday on lower weekly U.S. crop condition ratings and worries that […] Read more