Chicago | Reuters — Flooding and severe winter weather in the U.S. Midwest will reduce Archer Daniels Midland’s first-quarter operating profit by US$50 million to $60 million, the U.S. grains […] Read more
Cereals
ADM says U.S. floods to cut into Q1 operating profit
U.S. grains: Wheat rises on short-covering, planting worries
New York | Reuters — U.S. wheat futures gained on Monday, lifted by short-covering and technical buying, as well as concerns about North American production as weather in the Midwest […] Read more
U.S. grains: Corn up on China buying, flood worries
Chicago | Reuters — U.S. corn futures rose to a 3-1/2-week high on Friday as China booked its largest purchase of the grain in more than five years and as […] Read more
Feed weekly outlook: Spring weather may swing Prairie feed markets
MarketsFarm — Weather conditions have the potential to swing feed grain markets in Western Canada over the next few weeks, although prices generally remain steady for the time being. “Spring […] Read more
Floods shut nearly a sixth of U.S. ethanol production
Mead, Neb./New York | Reuters — Massive flooding in the U.S. Midwest has knocked out roughly 13 per cent of the nation’s ethanol production capacity, as plants in Nebraska, Iowa […] Read more
U.S. grains: Corn rises as Midwest floods fuel planting concerns
Chicago | Reuters — U.S. corn futures jumped more than one per cent on Thursday to their highest level in 2-1/2 weeks as concerns about delayed planting in the western […] Read more
U.S. farmers face devastation following Midwest floods
Winslow, Neb./Chicago | Reuters — Midwestern farmers have been gambling they could ride out the U.S.-China trade war by storing their corn and soybeans anywhere they could — in bins, […] Read more
Province, federal government announce corn salvage benefit
Program will gives farmers more options when corn quality is poor in the future
Farmers should have more salvage benefit options in future years if they have a serious corn quality problem like this year’s DON challenges. The federal and provincial governments recently announced […] Read more
U.S. grains: Wheat ends higher on weather worries
Chicago | Reuters — U.S. wheat futures rose nearly two per cent on Wednesday on poor weather in the Midwest soft winter wheat belt and the northern Plains spring wheat […] Read more
Farm groups see something for everyone in federal budget
Response so far from farm and agribusiness organizations to Tuesday’s pre-election budget suggests the federal government has managed to find at least one line item for everyone in the ag […] Read more
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