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(Country Guide file photo)
Crops, Markets

Falling U.S. futures weigh on Prairie wheat bids

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CNS Canada — Hard red spring wheat bids in Western Canada lost ground during the week ended Friday, as losses in U.S. futures more than offset the supportive influence of the declining Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $3-$11 per tonne over the course […] Read more
Wheat plants that overexpress a corn methyltransferase gene cannot regulate their defence adequately and become susceptible to aphid attack.
Crops, News

Cereals use chemical defences against insects

Science Notes: Plants rely on their toxins not only to fend off caterpillars but also to regulate defence mechanisms against aphids

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A team of scientists from the University of Bern in Switzerland and the Max Planck Institute for Chemical Ecology and partners have characterized multiple functions of benzoxazinoids in wheat. The toxic form of the substances makes the plant directly resistant to lepidopteran larvae, whereas a less toxic form regulates indirect defence mechanisms against aphids. Scientists […] Read more
CBOT March 2019 wheat with 20- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat drops as Russia lessens export curb fears

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Chicago | Reuters –– U.S. wheat futures fell nearly two per cent on Friday after Russia raised its grain export forecast and dampened speculation that tight supplies would prompt curbs on overseas shipments from the world’s biggest wheat supplier. Soybeans dropped to a three-week low as favourable weather boosted crop prospects in South America, overshadowing […] Read more
CBOT March 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy down as supplies outweigh China demand

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Chicago | Reuters — U.S. soybean futures fell to three-week lows on Thursday as improving crop prospects in South America overshadowed renewed Chinese demand for U.S. shipments. Corn futures also fell to the lowest in three weeks on concerns about demand from ethanol producers and as forecasts for rain in dry areas of Brazil’s corn […] Read more
(Boortmalt.com)
Crops

European malting giant to buy Cargill Malt business

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Cargill’s Prairie Malt plant in western Saskatchewan is destined for new European ownership under a deal publicly proposed Thursday. The Boortmalt Group, the malting arm of French agricultural co-operative Axereal, has announced its “intention to enter into an agreement” to buy Cargill Malt from the U.S. agrifood firm for an undisclosed sum. Boortmalt, which bills […] Read more
U.S. grains: Soybeans drop as export sales to China disappoint
Crops, Markets

U.S. grains: Soybeans drop as export sales to China disappoint

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Chicago | Reuters — U.S. soybean futures dropped to two-week lows on Wednesday as renewed export sales to China following a trade war truce between Washington and Beijing fell short of expectations. Corn futures also declined on a slowdown in production of corn-based ethanol, while wheat dropped nearly two per cent in light trading, pressured […] Read more
GrainsConnect Canada, whose terminal under construction at Maymont, Sask., is shown here, plans to open an elevator at Huxley, Alta. in 2019. (GrainsConnect.com)
Crops

GrainCorp says offer not certain enough to make recommendation

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Reuters — Australia’s GrainCorp Ltd. on Wednesday said it was providing suitor Long-Term Asset Partners (LTAP) due diligence to put forward a more certain proposal. The country’s largest listed bulk grain handler earlier on Dec. 3 received a buyout proposal from little-known asset manager LTAP in an all-cash deal for A$2.38 billion (C$2.303 billion), or […] Read more
CBOT March 2019 corn futures with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans rise as China buys more U.S. shipments

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Chicago | Reuters — U.S. soybean futures rose for a second straight session on Tuesday as Chinese importers booked U.S. shipments in the second wave of purchases since striking a trade war truce with Washington earlier this month. Corn also firmed as traders anticipated import purchases by China as part of the detente, which included […] Read more

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