Chicago | Reuters — U.S. corn futures hit a four-month high on Friday as concern about summer weather risk in the Midwest and dry conditions in Brazil prompted investors to […] Read more
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Oilseeds
U.S. grains: Corn hits four-month top on short-covering
U.S. grains: Soy falls from eight-month top
Chicago | Reuters — U.S. soybean futures fell nearly one per cent on Thursday on profit-taking and softening cash markets following a four-session advance that lifted the spot May contract […] Read more
CME to close New York trading floor in computers’ victory
Chicago | Reuters — CME Group will shut its New York trading floor at year’s end as computerized trading claims another victim from the world’s old-school financial system. Options pits, […] Read more
European Parliament backs glyphosate, with conditions
Brussels | Reuters — European politicians advised on Wednesday that the herbicide glyphosate should only be approved for another seven years, rather than the 15 proposed by the EU executive, […] Read more
Global GMO area dips in 2015 in first-ever decline
Reuters — The world scaled back biotech crop planting for the first time ever in 2015, led by a decline in the U.S., which has fuelled rapid expansion of genetically […] Read more
CBOT weekly outlook: Soy, corn may be nearing highs
CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, with soybeans leading to the upside on the back of […] Read more
ICE weekly outlook: Canola wary of soybean rally
CNS Canada — ICE Futures Canada canola contracts moved lower overall during the week ended Wednesday, as the bearish influence of the rising Canadian dollar countered any spillover support from […] Read more
U.S. grains: Corn jumps three per cent, most in seven months
Chicago | Reuters –– Front-month U.S. corn futures rose three per cent on Wednesday, their biggest single-day advance since September, on short-covering and concerns about planting prospects in the Midwest, […] Read more
Post-CWB review flags grain trade ‘inefficiency’
WITHDRAWN, April 15, 2016: A historian’s review of the Prairie grain trade, commissioned by supporters of the former single marketing desk for wheat and barley, suggests history is repeating itself […] Read more
Germany backs EU plan to approve glyphosate
Berlin | Reuters –– Germany plans to back an European Union proposal that would allow the continued use of glyphosate in herbicides, according to a letter from the agriculture ministry. […] Read more