Canada’s big two railways have about two more weeks to hand over about $5.6 million in Prairie grain revenue overages and related penalties for the 2019-20 crop year. The Canadian […] Read more
Wheat
Railways overshoot grain revenue limits for 2019-20
Grain revenues run $5.3 million over caps, CTA rules
China building world’s largest seed bank
Larger facility a bid to boost food security
Beijing | Reuters — China will complete a new national crop germplasm bank this year, the agriculture minister said Wednesday, to boost the country’s capacity to develop new crop varieties […] Read more
CBOT weekly outlook: South American weather, labour issues prop up prices
MarketsFarm — Market participants on the Chicago Board of Trade expect agriculture commodity prices to continue to rise in 2021. Terry Reilly, a grains analyst with Futures International, said corn […] Read more
U.S. grains: Corn tops US$5 for first time since 2014
'Water deficit' in Argentina draws interest
Chicago | Reuters — U.S. soybean and corn futures climbed to fresh 6-1/2 year highs on Wednesday, as worries about dry weather hurting Argentine crops attracted speculative buyers, analysts said. […] Read more
U.S. grains: Soybeans set fresh high on supply worries, technical buying
Chicago wheat, corn also close higher
Chicago | Reuters — U.S. soybean futures soared on Tuesday, climbing to fresh 6-1/2-year highs on a mix of fund-driven technical buying and worries about South American supplies, analysts said. […] Read more
U.S. grains: Soy rally extends into 2021
South America soybean supply fears continue; corn ends mixed
Chicago | Reuters — U.S. soybean futures extended a rally to 6-1/2-year highs before trimming gains on Monday as dry crop weather and disruptions to exports in South America continued […] Read more
U.S. grains: Corn, soy hit 6-1/2-year highs on Argentine corn export restriction, dry weather
Chicago | Reuters – U.S. corn futures extended gains on Thursday and hit their highest level in 6-1/2 years after major supplier Argentina said it would curb exports and as […] Read more
U.S. grains: Soybeans hold near 6-1/2-year peak as Argentina strike ends, dry weather remains
Chicago | Reuters – U.S. soybean futures held near a 6-1/2 year high on Wednesday as investors shifted their focus from a now-resolved labor strike in Argentina that had pushed […] Read more
Argentina suspends corn exports to ensure domestic food supplies
Buenos Aires | Reuters – Argentina will suspend corn exports until March 1, the agriculture ministry said in a statement on Wednesday that announced the surprise move as part of […] Read more
2020 grain market review: The year that felt like a decade
MarketsFarm – The column in this space a year ago led with the line ‘the more things change, the more they stay the same.’ That line was a jumping off […] Read more