Ottawa | Reuters — There is “an awful lot of affection for Canada” around the world that will help the government’s push to diversify exports away from the United States, the country’s new trade minister said on Thursday, as ties with Washington become more strained. Winnipeg MP Jim Carr, previously the minister for natural resources, […] Read more
World’s ‘affection’ for Canada will help in trade diversification: Carr
U.S. grains: Markets rise on corn export demand, crop worries
Chicago | Reuters — U.S. grain futures rose on Thursday on strong demand for corn and worries that harvests may be smaller than expected due to unfavourable global weather. Soybean futures shook off early losses to end higher despite concerns about the ongoing trade battle with China, the world’s top buyer of the oilseed. Last […] Read more
Michelin to buy ag track maker Camso
The Michelin Man is set to take on much more field work with a US$1.45 billion deal for Quebec off-the-road track and tire manufacturer Camso. The deal, pending regulatory approval, calls for France’s Michelin to combine its off-the-road (OTR) business with Camso in a new division. “By joining forces with Camso, Michelin will create the […] Read more
U.S. grains: Markets set one-week highs on export hopes, weather woes
Chicago | Reuters — U.S. grain and soybean futures touched their highest prices in about a week on Wednesday, as agricultural markets stabilized following recent drops to contract lows. Hopes for increased U.S. commodity export demand helped support soy prices after the market fell to a 10-year low on Monday amid widespread concerns about the […] Read more
ProFarmer Canada joins Glacier FarmMedia
Glacier FarmMedia, Canada’s largest farm publisher and the operator of this website, has just boosted its long position in grain and oilseed market analysis. The Winnipeg company announced Tuesday it has acquired ProFarmer Canada, the marketing information service owned and operated by Mike Jubinville, whose analyses of Prairie crop commodity markets are well known to […] Read more
U.S. grains: Soy, corn rise on decline in crop conditions
Chicago | Reuters — U.S. soybean and corn futures rose on Tuesday as lower-than-expected crop ratings and increased hopes for a resolution to the U.S.-China trade battle helped to extend a recovery from sharp losses last week. The markets advanced after the U.S. Department of Agriculture said on Monday that 69 per cent of the […] Read more
World’s oldest bread found at prehistoric site in Jordan
Washington | Reuters — Charred remains of a flatbread baked about 14,500 years ago in a stone fireplace at a site in northeastern Jordan have given researchers a delectable surprise: people began making bread, a vital staple food, millennia before they developed agriculture. No matter how you slice it, the discovery detailed on Monday shows […] Read more
U.S. grains: Soy rises from 10-year low set on trade war
Chicago | Reuters — U.S. soybean futures jumped on Monday after dropping to their lowest prices in a decade earlier in the session, as the U.S.-China trade dispute looms over agricultural markets. Technical buying helped soybeans to recover after the most-active contract lost more than five per cent last week, traders said. The trade dispute […] Read more
Forecaster sees 65 per cent chance of El Nino emerging in fall
Reuters — Chances of the emergence of the El Nino weather pattern have increased to 65 per cent during the fall and 70 per cent during winter 2018-19, a U.S. government weather forecaster said on Thursday. The last El Nino, a pattern that brings a warming of ocean surface temperatures in the eastern and central […] Read more
U.S. grains: Soy sinks to new lows as trade war seen swelling supply
Chicago | Reuters — U.S. soybean futures slid to fresh lows on Friday and the most-active contract closed at the lowest in nearly a decade after a government report reinforced concerns that the trade dispute with China will dent exports and lead to a build-up in stocks. Corn futures followed soybeans lower, with additional pressure […] Read more
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