Chicago | Reuters — U.S. soybean futures jumped on Friday, extending a rebound from 3-1/2-month lows hit earlier this week, as strong export demand offset supply pressure linked to bumper […] Read more
1.
Oilseeds
U.S. grains: Soybeans extend rebound on robust export demand
Ontario farmers ready for Roundup Ready 2 Xtend soy
CNS Canada — Soybean producers in Ontario are eager to start planting next season with new ammunition against Canada fleabane. Monsanto’s Roundup Ready 2 Xtend soybeans, genetically modified with a […] Read more
U.S. grains: Wheat, corn pressured by rising stockpiles
Chicago | Reuters — U.S. wheat and corn futures fell on Thursday on disappointing export sales and prospects for rising global inventories, traders said. Soybean futures closed steady to modestly […] Read more
North Saskatchewan River users still await all-clear
As the cleanup of the Husky Energy oil spill continues on the North Saskatchewan River, officials had a spot of good news during a recent media call. Collected water samples […] Read more
Fertilizer price slump chops profits at Agrium, CF
Reuters — Two of North America’s biggest fertilizer companies reported large drops in quarterly profit on Wednesday, and warned of tough times ahead as abundant supplies weighed on prices. At […] Read more
Ackman exits CP, freeing up cash for next bet
Boston/Montreal | Reuters — Billionaire U.S. investor William Ackman has exited his hedge fund’s investment in Canadian Pacific Railway, freeing up roughly US$1.5 billion in cash to make other future […] Read more
Bunge canola plant damaged in fire
U.S. agrifood processor Bunge is sizing up damage to its canola crushing plant at Nipawin in northeastern Saskatchewan after a fire in one of its buildings Tuesday. According to local […] Read more
Crescent Point pipeline leaks into Saskatchewan field
Reuters — A Crescent Point Energy pipeline in southwestern Saskatchewan leaked 100 cubic metres (630 barrels) of oil emulsion on Tuesday, a government official said on Wednesday. The spill happened […] Read more
ICE weekly outlook: Canola sitting right above support
CNS Canada — ICE Futures Canada canola contracts moved lower during the week ended Wednesday, but held above major support as prices remain relatively cheap compared to other oilseeds. Fund […] Read more
U.S. grains: Wheat, corn, soy end higher on bargain hunting
Chicago | Reuters –– U.S. wheat, corn and soybean futures rose on Wednesday, rallying on bargain hunting after all three key commodities fell to multimonth or multiyear lows a day […] Read more