CNS Canada — As traders count down the hours to the U.S. Department of Agriculture’s prospective plantings report on Friday, a small camp is closely watching a weather situation in […] Read more
Cereals
CBOT weekly outlook: Corn, soy brace for ‘volatile’ report
U.S. grains: Soy weakens, corn gains ahead of USDA report
Chicago | Reuters — U.S. soybean futures closed lower on Wednesday, while corn and wheat prices edged higher as investors squared positions ahead of U.S. Department of Agriculture plantings and […] Read more
Indian regulator warns on Agrium-PotashCorp merger
New Delhi | Reuters — India’s competition regulator said the proposed merger between Agrium and PotashCorp was likely to hurt competition, a government statement said Wednesday. The two Canadian fertilizer […] Read more
Baltic Dry Index hits two-year highs
CNS Canada — Ocean freight rates are trending higher, with the Baltic Dry Index (BDI) hitting its highest level of the past two years on Tuesday. The BDI, compiled daily […] Read more
U.S. grains: Wheat rebounds after 2-1/2-month lows
Chicago | Reuters — U.S. wheat prices climbed on Tuesday in a light rebound from multi-month lows set on Monday, although forecasts for much-needed rains in the Plains wheat belt […] Read more
U.S. agribusiness deal not a priority for Glencore
Lausanne | Reuters — Glencore does not see further consolidation in agricultural commodities as straightforward and views a U.S. acquisition as less crucial than in the past, the group’s agriculture […] Read more
U.N. picks former U.S. governor to run World Food Programme
Reuters — United Nations chief Antonio Guterres has appointed former South Carolina Governor David Beasley to run the Rome-based World Food Programme (WFP), at a time when U.S. President Donald […] Read more
G3 to build two more Saskatchewan elevators
The grain company formerly known as CWB has picked sites and plans to start construction next month on two new grain elevators in Saskatchewan. G3 Canada on Tuesday announced it […] Read more
Yorkton, Sask. oat plant moves on major expansion
U.S. processing firm Grain Millers Inc. is pressing ahead on the second phase of a previously announced expansion at its Yorkton, Sask. oat processing plant. The company on Friday announced […] Read more
U.S. grains: Wheat, corn, soy fall to fresh 2017 lows
Chicago | Reuters — U.S. wheat, corn and soybean futures fell to their lowest this year on Monday, pressured by abundant global grain and oilseed supplies and outlooks for crop-friendly […] Read more