London | Reuters –– Global grain stocks are expected to surpass 500 million tonnes for the first time at the end of the 2016-17 season, the International Grains Council said […] Read more
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Cereals
Record crops to send grain stocks to all-time peak, IGC says
CETA clears legal test hurdle in EU parliament
Strasbourg | Reuters –– The planned EU-Canada free trade deal cleared a hurdle to its implementation next year when the European Parliament rejected a motion on Wednesday to ask the […] Read more
CBOT weekly outlook: Soy, corn still rangebound despite recent gains
CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, but have little fundamental reason to continue in that direction, […] Read more
U.S. grains: Soyoil jumps on new U.S. biofuel targets
Chicago | Reuters — Chicago Board of Trade soyoil futures surged nearly seven per cent on Wednesday after the U.S. government released final requirements for biofuel use for next year, […] Read more
U.S. ups biofuel requirements in win for Big Corn
New York | Reuters — The U.S. government on Wednesday announced finalized targets for biofuel use for next year, requiring that energy companies blend 19.28 billion gallons of renewables into […] Read more
PotashCorp to cut jobs, output as prices sag
Reuters — Fertilizer maker PotashCorp said Wednesday it was reducing jobs and output at one Saskatchewan mine and temporarily curtailing production at two others as the sector struggles with weak […] Read more
U.S. grains: Soybeans climb to four-month high
Chicago | Reuters — Chicago Board of Trade soybean futures hit a four-month high on Tuesday on strength in Chinese soy markets and technical buying, analysts said. Corn inched higher […] Read more
Rising durum bids topping out in Western Canada
CNS Canada — Durum bids in Western Canada posted solid gains over the past two months, with concerns over the quality of the crop behind much of the strength. Prices […] Read more
OFA elects new president
Keith Currie is the new president of the Ontario Federation of Agriculture , defeating incumbent Don McCabe in an election this week at the farmer organization’s convention. Currie emphasized the […] Read more
Trump pledges U.S. withdrawal from TPP on ‘day one’
U.S. President-elect Donald Trump has pledged to start the United States’ exit from the 12-nation Trans-Pacific Partnership (TPP) trade deal on “day one” of his administration in January. In a […] Read more
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