Chicago | Reuters — U.S. corn futures rose on Thursday for a fourth straight session as dismal weather forecasts signalled further planting delays in the Midwest, prompting commodity funds to cover short positions, analysts said. Chicago wheat futures hit a one-month high, led by corn, and soybeans followed the firm trend. Chicago Board of Trade […] Read more
U.S. grains: Corn to seven-week high as rain threatens planting
Feed weekly outlook: Feed grain prices flagging
MarketsFarm — Feed grain prices have softened across the Prairies, as seeding is well under and many producers have the coverage they need until new crops begin to come off the field in August. Markets are fundamentally bearish right now, as farmers with enough coverage can wait until prices get even lower when new crop […] Read more
U.S. grains: Corn ends firm, farmer selling pares gains
Chicago | Reuters — U.S. corn futures hit a six-week high on Wednesday on forecasts for rains in the Midwest crop belt that could signal further planting delays, but the market pared gains as the run-up in prices triggered a round of farmer selling, traders said. Wheat futures also ended nearly flat while soybeans closed […] Read more
Restaurant Brands to boost outlets by 54 per cent within 10 years
Reuters — Restaurant Brands International said on Wednesday it plans to expand all three of its brands to more than 40,000 restaurants globally, a 54 per cent jump, over the next decade. Big fast food chains, including McDonald’s and KFC owner Yum Brands, have been aggressively expanding their international operations to counter slowing growth in […] Read more
‘Show’ and ‘grow’ synonymous for Ag in Motion
Langham, Sask. — Living up to its name, Glacier FarmMedia’s Ag in Motion has reached its five-year anniversary with no sign of slowing down. “It’s very exciting for me personally to have a show that the group of us started from a canola field into an event that’s now grown to the size that it […] Read more
U.S. grains: Corn, soy rally as slow planting pace ignites short-covering
Chicago | Reuters — U.S. corn futures climbed more than three per cent on Tuesday and soybeans bounced back from a decade low as planting delays in the Midwest crop belt sparked a round of short-covering, analysts said. Additional support stemmed from optimistic comments from Washington and Beijing that tempered concerns about a further escalation […] Read more
New Mexican duties against U.S. ready soon, minister says
Toronto | Reuters — Mexico is finalizing duties to impose on new U.S. products in retaliation for the Trump administration’s steel and aluminum tariffs and details should be available soon, Economy Minister Graciela Marquez said on Tuesday. Mexico and Canada have both imposed retaliatory measures on billions of dollars of U.S. goods. Mexico said in […] Read more
West Edmonton MLA named Alberta ag critic
An Edmonton Realtor turned provincial MLA is Alberta’s new official opposition critic for agriculture and forestry. Rachel Notley, leader of the province’s opposition New Democrats, on Monday announced her shadow cabinet and named Lorne Dach, MLA for Edmonton-McClung, as the party’s ag critic. Dach came to the legislature in the 2015 election with a political […] Read more
U.S. grains: Soybeans hit 10-year low on trade tensions
Chicago | Reuters — U.S. soybean futures fell to their lowest in a decade on Monday as escalating U.S.-Chinese trade tensions dampened hopes for a revival in soybean exports, analysts said. At the same time, planting delays in the U.S. Midwest could prompt farmers to shift some acres intended for corn to soybeans, potentially adding […] Read more
California jury hits Bayer with US$2 billion award
Reuters — A California jury on Monday awarded more than US$2 billion to a couple who claimed Bayer’s glyphosate-based Roundup herbicide caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical. It was the third consecutive U.S. jury verdict against the company in litigation over the […] Read more
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