Latest Newsletter

CBOT May 2019 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans firm on trade hopes

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Chicago | Reuters — U.S. soybean futures climbed to a 2-1/2-week high on Monday on hopes for a trade agreement between Washington and Beijing and after China vowed late last week to make additional U.S. soybean purchases. Wheat futures plunged around four per cent to fresh contract lows on technical selling and concerns about stiff […] Read more
A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)
Crops, Markets

Canola exports still sluggish, but grains solid

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Canadian canola exports continue to lag behind the year-ago pace, with large supplies in the commercial pipeline, according to the latest weekly data from the Canadian Grain Commission. Canada only exported 69,900 tonnes of canola during the week ended Sunday, well below the 205,500 tonnes that moved the previous week. Total canola exports during the […] Read more
(Richardson.ca)
Crops

Richardson buys Peace-region input retailer

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Grain handler Richardson Pioneer has moved to shore up its presence in northern Alberta’s crop input market with a deal for a Peace-region dealership. Winnipeg-based Richardson announced Wednesday it has bought Agland Seed and Chemical at La Crete, Alta., about 320 km north of Peace River. The deal, which closed Tuesday, will see all of […] Read more
(PortOfHalifax.ca)
Crops, Machinery, Markets

Baltic Dry Index near 2-1/2-year lows

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The Baltic Dry Index (BDI) has dropped sharply over the past two months, as declining global demand for commodities — especially from China — weighed on the economic indicator. The BDI, compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. The BDI […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Low ending stocks supportive

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With some of the lowest ending stocks in more than a generation, feed grain prices are doing quite well in Western Canada, said Ed Baldwin of AgChieve Grain Marketing in Winnipeg. Baldwin, AgChieve’s manager of advisory services, said Canada has its lowest ending stocks for feed grains in the last 35 years. On the world […] Read more
CBOT May 2019 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Wheat rebounds from seven-month low

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Chicago | Reuters — Chicago wheat futures rebounded on Thursday after a four-day slide, while the grains market overall steadied as U.S. and China trade negotiators sketched an outline for what could be a deal to end the trade war. Thursday’s technical bounce in wheat was encouraged by optimism over the trade negotiations, which also […] Read more
CBOT March 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: CBOT wheat plunges to seven-month low

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Chicago | Reuters — Chicago Board of Trade wheat futures plunged yet again on Wednesday as traders fretted over lagging U.S. exports despite them being competitively priced in the global market. Soybeans started the day off on the negative side, with the most active soybean contract dipping just below the one-month low struck a day […] Read more
Ontario farmers haven’t had much information on corn susceptibility to DON.
Crops, News

Corn committee launches corn DON testing

The voluntary program will inoculate corn hybrids at two locations in the province

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The Ontario corn committee is requesting seed companies enter their current and new hybrids in newly created inoculated trials for susceptibility to DON. The committee says the voluntary trials will take place in both Ridgetown and Ottawa and are funded for the next two years. Why it matters: There were extensive acres of Ontario’s corn […] Read more

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