Chicago | Reuters — U.S. corn futures fell to new contract lows for the third straight day on Thursday as lower-than-expected weekly export sales and abundant supplies weighed on the market. Soybeans also declined on disappointing weekly U.S. Department of Agriculture export sales data and as improving crop weather in Brazil raised prospects that the […] Read more
U.S. grains: Corn sinks to contract lows
Larger elevators, smaller rail cars seen in grain’s future
Winnipeg | CNS Canada –– Heading into the future, elevators will be more efficient and trains will carry more grain, according to industry professionals at the Grain World conference in Winnipeg. “I think there’s a real shift happening from low efficiency to the higher-efficiency facilities,” Karl Gerrand, CEO of G3, said Wednesday during the What […] Read more
Grain company hunt goes on for Glencore
Geneva | Reuters — Commodities giant Glencore has made unsuccessful moves for three or four smaller targets in the grain sector this year as it seeks acquisitions to grow upstream, the head of its agricultural arm said. “We have looked at three or four possibilities in our core area already this year but couldn’t reach […] Read more
U.S. grains: Soybeans climb on seasonal strength, bullish soyoil data
Chicago | Reuters — U.S. soybean futures firmed on Wednesday on seasonal strength as the Midwest harvest wound down and a jump in soyoil tied to an unexpected monthly drawdown in domestic supplies, traders said. Chicago Board of Trade wheat futures fell nearly two per cent, nearing contract lows, in a technical sell-off. Corn futures […] Read more
Agrico buys stake in Alberta input retail chain
The wholesale crop input arm of Quebec’s La Coop federee has expanded its retail reach further west on the Prairies with a stake in a central Alberta input retailer group. Agrico Canada, part of the Quebec federation of ag co-ops since 2011, last week announced a deal to buy a 50 per cent interest in […] Read more
U.S. grains: Corn hits one-year low as harvest nears end
Chicago | Reuters — U.S. corn futures dropped 1.4 per cent to a one-year low on Tuesday, pressured by ample supplies from the nearly completed harvest of the second-largest domestic corn crop on record, traders said. Soybeans declined, following corn lower, as improving crop weather in South America added to bearish sentiment. But wheat futures […] Read more
U.S. grains: Soy hits one-month low
Chicago | Reuters — U.S. soybean futures fell to their lowest in a month on Monday, pressured by improving crop weather in South America and chart-based selling, with the benchmark January contract falling through several key moving averages, analysts said. Wheat fell in technical moves amid a lack of news, and corn fell but the […] Read more
Agriculture contributed C$111.9 billion to Canada’s GDP in 2016
Winnipeg | CNS – A new report from Agriculture and Agri-Food Canada released Friday has pegged agriculture as contributing C$111.9 billion to Canada’s GDP in 2016, which accounted 6.7 per cent of the country’s total GDP. The annual report entitled An Overview of the Canadian Agriculture and AgriFood System, provides a summary of the economic […] Read more
Big four topics remain constant in latest Real Dirt on Farming
The latest edition of the Real Dirt on Farming is out, and it continues to be a printed copy success story in a digital world. There are more than three million copies of the agriculture information resource in print and the demand doesn’t appear to be dropping. Farm & Food Care Ontario creates the publication […] Read more
U.S. farm study finds no firm cancer link to glyphosate
London | Reuters – A large long-term study on the use of the big-selling weedkiller glyphosate by agricultural workers in the United States has found no firm link between exposure to the pesticide and cancer, scientists said on Thursday. Published in the Journal of the National Cancer Institute (JNCI), the study found there was no […] Read more
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