CNS Canada –– Two main factors are dominating the ICE Futures Canada canola market, one analyst says, as prices are poised to meet resistance in the near-term. “The market is […] Read more
1.
Oilseeds
ICE weekly outlook: Traders watch China, production numbers
CBOT weekly outlook: Short-term pre-harvest gains likely for corn, soy
CNS Canada — Soybean and corn futures at the Chicago Board of Trade (CBOT) have moved off their nearby lows in recent sessions, and should be due for some more […] Read more
Monsanto reported giving Bayer limited access to its books
Frankfurt | Reuters — U.S. seed company Monsanto has given German suitor Bayer limited access to its books after turning down a sweetened US$64 billion takeover offer last month, two […] Read more
U.S. grains: Exports support soybeans
Chicago | Reuters –– U.S. soybean futures rose to their highest in nearly four weeks on Wednesday on strong demand from China, the world’s top buyer of the oilseed, traders […] Read more
Richardson cranking up canola crush, throughput at Lethbridge
Agrifood firm Richardson International plans to put up $120 million to dial up the processing capacity of its canola crushing plant in southern Alberta by over 55 per cent. Privately-held, […] Read more
Couche-Tard reported in lead to buy Corner Store chain
New York | Reuters –– Convenience store operator Alimentation Couche-Tard is in the lead to acquire U.S.-based convenience store retailer CST Brands, according to two sources familiar with the matter. […] Read more
Lack of grain storage seen as record Russian crop looms
Moscow | Reuters — Russia is facing a lack of grain storage as it remains on track to produce the largest cereals crop in post-Soviet history, the head of Russia’s […] Read more
No resolution on canola dockage rules from talks in China
CNS Canada — Canadian and Chinese officials met in Beijing last week to discuss potential solutions for an upcoming canola trade policy change, but were not able to find a […] Read more
U.S. grains: Wheat rises on short-covering
Chicago | Reuters — U.S. wheat futures firmed on Tuesday, with a falling dollar spurring a mild round of short-covering in the beaten-down market, traders said. Corn futures also edged […] Read more
Egypt tightens import quarantine rules on grains
Cairo | Reuters — Egypt has tightened its agriculture quarantine regulations, imposing a rule that will prevent grain shipments suspected of contamination from being offloaded until they receive test results, […] Read more