Reuters — Canadian fertilizer maker Nutrien posted fourth-quarter profit above analysts’ estimates on Wednesday as potash demand rose amid rising crop prices, sending its U.S.-listed shares up in extended trade. […] Read more
1.
Cereals
Nutrien beats profit expectation on strong potash sales
U.S. grains: Wheat retreats after cold-weather rally
Corn, soy futures consolidate
Chicago | Reuters — U.S. wheat futures fell two per cent on Wednesday, retreating from a two-week high set in early moves, as concerns eased about cold-weather damage following a […] Read more
Canola stocks to tighten below a million tonnes, AAFC says
MarketsFarm — Canadian canola ending stocks in both the current 2020-21 marketing year and in 2021-22 are forecast to tighten below a million tonnes, according to updated supply/demand estimates from […] Read more
Some U.S. ethanol producers cut production to sell natural gas for profit
New York | Reuters — Sky-high U.S. natural gas prices have prompted some Midwestern ethanol producers to reduce processing in the last week, hoping instead to sell off some of […] Read more
U.S. grains: Wheat climbs to one-week high on frigid U.S. weather
Corn, soy futures follow firm trend
Chicago | Reuters — U.S. wheat futures climbed to a one-week high on Tuesday, rising more than three per cent on fears that frigid temperatures in the bread basket of […] Read more
Nigeria’s Okonjo-Iweala makes history as new head of WTO
Geneva-based body leaderless for six months; Trump paralyzed some of WTO's functions
Geneva/Washington | Reuters — Three months after the Trump administration rejected her, former Nigerian finance minister Ngozi Okonjo-Iweala received unanimous backing on Monday to become the first woman and first […] Read more
Foreign workers to lose some travel exemptions in March
Temporary foreign workers (TFWs) travelling to Canada won’t need to quarantine in a government-supervised hotel when they get here – for now — but by mid-March, Ottawa will put more […] Read more
High fertilizer prices likely to climb more
MarketsFarm — Expect fertilizer prices to resume increasing, despite having fallen back recently. Prices began their sharp rise around the middle of December and beginning of January. “They will go […] Read more
U.S. grains: Weather worries push wheat futures higher
Soybeans firm, corn slips
Chicago | Reuters — U.S. wheat futures rose on Friday, supported by concerns that arctic temperatures in key growing areas could damage the dormant crop during the weekend, traders said. […] Read more
CFA seeks continued ag support in next federal budget
Federation also presses for Buy Canadian campaign, processing support
Federal budget consultations are underway, with agricultural groups lobbying the government to support the industry further in the midst of the COVID-19 pandemic. Finance Minister Chrystia Freeland on Jan. 25 […] Read more