Chicago | Reuters — U.S. wheat futures fell more than one per cent on Monday on technical selling and as a stronger dollar created a headwind for U.S. exports of the grain, which are already struggling to compete in the global marketplace. Corn futures eased on Monday after two straight sessions of gains while soybeans […] Read more
U.S. grains: Wheat sinks on technical selling, stronger U.S. dollar
Opinion: Agriculture needs to fight new age of trade protectionism
The Canadian government should apply a ‘trade lens’ to its policies across departments
The world has entered a new age of nationalism, resulting in growing trade protectionism and increasing barriers for Canadian farmers and exporters who depend on international markets. The idea that trade is about winning or losing is dangerous and misleading. This idea ignores the world’s growth over the last 75 years and the disastrous outcomes […] Read more
U.S. grains: Soybeans rise as wet Midwest weather seen halting harvest
Chicago | Reuters — U.S. soybean futures rose for the first time in three sessions on Friday as a rainy Midwest forecast fueled worries about harvest delays and potential damage to some crops. Wheat edged higher as rising global prices stirred optimism about a pickup in demand for U.S. wheat. Corn futures ended near unchanged […] Read more
AgriRecovery offered for B.C. wildfire costs
British Columbia ranchers and farmers who lost pasture or cropland or had to move livestock out of the path of wildfires this year may be eligible for AgriRecovery funding. The federal and B.C. governments on Thursday announced a new AgriRecovery program worth up to $5 million to help defray “extraordinary costs incurred” due to wildfires […] Read more
Sorting out new seed brands
Corteva has solidified how its Pioneer and Brevant seed companies will work in the market
Corteva, the new agriculture brand of DowDupont, is maintaining two seed brands in the Canadian marketplace to fill two sales routes to farmers — through agriculture retailers and direct to farmers. Pioneer — the iconic seed brand —will continue to be sold to farmers by farmer dealers, Collin Phillip, the eastern area leader for Corteva […] Read more
Feed weekly outlook: Snowy weather makes for larger feed supplies
CNS Canada — The question isn’t whether there’ll be enough feed grains this year in Western Canada, but when they’ll be ready — which is keeping the market steady currently. “The question is when will it be marketable? When will it be out of the field and in condition to market?” said Allen Pirness of […] Read more
U.S. grains: Corn firms as rainy Midwest outlook threatens harvest
Chicago | Reuters — U.S. corn futures firmed on Thursday on concerns that several days of rainy weather expected across the U.S. Midwest could disrupt harvesting of what is forecast to be a bumper U.S. crop. Soybeans also drew support from the wet forecast, but shed gains late in the session in a technical selling […] Read more
CAQ’s ag critic among winners in Quebec election
The agriculture critic for Francois Legault’s Coalition avenir Quebec (CAQ) will be among the party’s returning MNAs as it forms Quebec’s next government. The CAQ pulled a majority government in Monday’s election with 74 seats, defeating Philippe Couillard’s Liberals, who were reduced to 32 seats, followed by Quebec solidaire with 10 seats and the Parti […] Read more
Grain vessel lineup rising at Vancouver
CNS Canada — The lineup of grain vessels waiting for loading at Vancouver increased to 21 for Week 8 of the grain shipping season. Reports by Quorum Corp., which monitors Prairie grain handling, stated vessels at Vancouver were up 31 per cent from the previous week (17). The increase in ships raised sentiments that grain […] Read more
CBOT weekly outlook: Yield expectations limit upside for corn, soy
CNS Canada — Soybean and corn futures at the Chicago Board of Trade may be finding some short-term support from harvest delays across the U.S. Midwest, but expectations for large crops overall should limit the upside for prices going forward, according to an analyst. “The highs could be in right now,” said Rich Feltes of […] Read more
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