Chicago | Reuters — U.S. soybean futures fell to a one-week low on Friday and recorded a second straight weekly decline, pressured by fresh cancellations of U.S. soybean sales, traders said. Corn futures fell for a fourth straight session and also notched a weekly drop, while wheat futures firmed after a three-session slide. Chicago Board […] Read more
U.S. grains: Soybeans hit one-week low on export woes
U.S. grains: Soybeans down as exports disappoint, weather improves
Chicago | Reuters — U.S. soybean futures fell more than two per cent on Thursday, with the benchmark November contract recording its largest single-day decline since August, on disappointing weekly export sales and improving U.S. harvest weather, analysts said. Corn and wheat followed the weak tone. Chicago Board of Trade November soybeans futures settled down […] Read more
Feed weekly outlook: Grains flood Alberta market
CNS Canada — Feed grain prices in Alberta have come down as producers have rushed to sell downgraded crops. “Last week the phones were blowing up… right now I think we’re seeing some better weather, so everyone’s outside and the phones are probably going to light up again next week,” said Nelson Neumann, grain trader […] Read more
U.S. grains: Soybeans firm on fund-driven buying
Chicago | Reuters — U.S. soybean futures firmed modestly on Wednesday in largely technical trade along with fund-driven buying and strength in allied soymeal futures, analysts said. Corn futures declined and wheat fell on technical selling. Chicago Board of Trade (CBOT) November soybean futures settled up one cent at $8.85-3/4 per bushel but stayed below […] Read more
Ready, set go! Harvest reprieve hits Prairies
CNS Canada — Prairie farmers struggling to get crops off fields under wet, cold conditions are about to get a reprieve — if they haven’t seen warmer weather already in their area. Natalie Hasell, a weather preparedness meteorologist for Environment Canada in Winnipeg, said most regions of British Columbia, Alberta, and southern and central Saskatchewan […] Read more
World crop briefs: Black Sea’s oilseed yields seen larger
CNS Canada — The Black Sea region’s oilseed crop for 2018-19 is estimated 160,000 tonnes higher, at 43.36 million tonnes, according to the latest estimates by the U.S. Department of Agriculture. In its October estimates, USDA estimated Ukraine rapeseed production would come in at 100,000 tonnes more than previous estimates to 2.7 million tonnes. Turkey’s […] Read more
U.S. grains: Soy, corn retreat from highs on improving weather
Chicago | Reuters — U.S. soybean and corn futures fell on Tuesday on improving harvest weather in the Midwest crop belt and some profit-taking a day after both commodities neared two-month highs, traders said. Wheat followed the weak trend after a choppy session. Chicago Board of Trade November soybeans settled down 6-3/4 cents at $8.84-3/4 […] Read more
U.S. Senate will not vote on USMCA in 2018, McConnell says
Washington | Reuters — The U.S. Senate’s top Republican said on Tuesday that senators will not vote to approve a revised North American trade pact in 2018, leaving the issue to the next Congress. Senate majority leader Mitch McConnell told Bloomberg Television that the Senate will not have time to take up the new United […] Read more
Farm Forum Event under new management
The company behind Canada’s two biggest outdoor farm shows is expanding to the great indoors as the new operator of another well known Canadian farm industry event. Glacier FarmMedia announced Monday it has acquired and will assume management of the Farm Forum Event, an annual professional development event for farmers, starting with its 20th anniversary […] Read more
Expanding E15 sales would have limited U.S. market impact, analysts say
Chicago | Reuters — The Trump administration’s plan to allow year-round sales of higher-grade corn ethanol would have limited impact on the depressed U.S. ethanol market, with record supplies and prices for the fuel hovering near the lowest in a decade, analysts said. President Donald Trump announced the decision last week ahead of a campaign […] Read more
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