Reuters — The Biden administration on Wednesday increased the amount of biofuels that oil refiners must blend into the United States’ fuel mix over the next three years, but the […] Read more
Wheat
U.S. to boost biofuel mandates over next three years
Biofuel groups still feel shortchanged
Province’s major crops, forages faring well
OMAFRA Field Crop Report for the week of June 19
Across much of Ontario major crops and forages are progressing well. Evidence of moisture stress is present on various crops, but some relief came over the period of June 11-14th with […] Read more
Canada Bread fined $50 million over price-fixing
'Leniency' settlement follows breadmaker's guilty plea
A storied Canadian producer of bread and bakery products has a month to pay a $50 million fine for price-fixing in an ongoing federal probe which still has eyes on […] Read more
CBOT weekly outlook: Weather fuels rallies in grain prices
Rains expected in U.S. Plains states
MarketsFarm — Weather and less-than-stellar crop conditions were the primary factors that caused week-long rallies on the Chicago Board of Trade (CBOT) for the week ended Wednesday. Ongoing dryness in […] Read more
U.S. grains: Soy, corn, wheat rally to multi-month highs on weather concerns
Meteorologists 'pretty much threw in the towel'
Chicago | Reuters — U.S. corn, soybean and wheat futures rose to multi-month highs on Wednesday, supported by concerns about crop shortfalls around the globe due to adverse weather in […] Read more
U.S. grains: Soy, corn futures steady; wheat mixed
Large Russian exports tempered fears of Black Sea corridor agreement breakdown
Chicago | Reuters — U.S. corn and soybean futures steadied on Tuesday after the market rallied sharply at the end of last week on concerns that hot and dry weather […] Read more
Bt-resistant corn borer concern grows
Critical tools for controlling corn borer could be lost
Bt-resistant populations of European corn borer pose a significant risk to Canadian crop producers. With multiple resistance uncovered, it’s possible Bt-based control technologies will cease to work for the problem […] Read more
Prairie cash wheat: Spring wheat bids higher, durum down
Not much rain outside northern, central Alberta
MarketsFarm — Warmer-than-normal temperatures and ongoing dryness in both Western Canada and the U.S. helped raise Prairie wheat bids for the week ended Thursday. Rains fell onto parts of northern […] Read more
U.S. grains: Corn, soy, wheat set multi-month highs on weather worries
U.S. markets closed Monday for Juneteenth
Chicago | Reuters — U.S. corn, soybean and wheat futures all closed higher on Friday and all set multi-month highs during the session as worries about stressful dry conditions in […] Read more
Feed weekly outlook: Prices, shipments steady as dryness continues
Drought 'priced into the market already'
MarketsFarm — Demand for feed grains at Alberta feedlots continues unabated as more corn from the United States makes its way into the province. “Demand at feedlots has been status […] Read more