Brussels | Reuters – The European Union is ready to export almost all of Ukraine’s farm produce via “solidarity lanes” and help cover costs after Russia withdrew from a U.N.-backed […] Read more
Wheat
EU looks to cover transport costs for Ukraine grain exports by land
About 60 per cent of Ukraine's exports were shipped via solidarity lanes when the Black Sea deal was in operation
U.S. grains: wheat soars daily limit as Russia attacks Ukrainian grain ports
E.U. further reduces crop forecast, USDA ratings for soybean and spring wheat declines
Chicago | Reuters – U.S. wheat futures surged 8.6% on Monday, rising their daily maximum at the Chicago Board of Trade (CBOT) after Russia attacked Ukrainian ports and grain infrastructure, including […] Read more
Trade surprised by June USDA acreage survey
Soybeans down, corn up from March report
As of July 8, the Ontario growing region has received average to above average precipitation while temperatures were one to three degrees below normal. Ontario corn, soybean and winter wheat […] Read more
Russia attacks Ukraine’s vital Danube grain export route
Ukrainian foreign minister calls for global response to 'food terrorism'
Kyiv | Reuters – Russia destroyed Ukrainian grain warehouses on the Danube River in a drone attack on Monday, targeting a vital export route for Kyiv in an expanding air […] Read more
U.S. Grains: wheat futures drop, corn weak, soybeans mixed
Market going "from forecast to forecast" says expert
Chicago | Reuters – U.S. wheat futures dropped 4.1 per cent on Friday, with traders locking in profits from a rally sparked by escalations in the Russia-Ukraine war that raised the prospects […] Read more
Fund position flips to net long in canola
The last time the market was showing a net long position was the first week of January
MarketsFarm – The managed money position in canola flipped from a net short to a net long for the first time in six months during the week ended July 18, […] Read more
AAFC lowers Canadian wheat ending stocks estimates
Drop in estimated oats carryout another notable adjustment
MarketsFarm – Canadian wheat ending stocks for both the current marketing year and 2023/24 (Aug/Jul) were revised lower by Agriculture and Agri-Food Canada’s market analysis division in its updated supply/demand […] Read more
Russian diplomat accuses Ukraine of using Black Sea grain corridor for attacks
Russia says it's negotiating exports of food to countries most in need
Moscow | Reuters – Russian Deputy Foreign Minister Sergei Vershinin on Friday accused Ukraine of using a grain export corridor in the Black Sea to launch “terrorist attacks” against Russian […] Read more
At Ag in Motion: World may face wheat shortage this year
An analyst says millers should be getting antsy
Wheat is finally becoming a “sexy” crop after years of being the ugly duckling, an analyst says. Stephen Nicholson, global grains and oilseeds strategist for Rabobank, said a series of […] Read more
Boosting soil health with cover-crop combination of soybean and rye
Brigden farm sees benefits to planting winter cover into standing crop of beans
A Brigden-area farmer’s field-to-field comparison during this year’s dry conditions for soybean planting supports the long-term benefit of no-till and cover crop strategies. Aubrey Lang spoke about his family’s soybean-soybean-soybean-wheat […] Read more