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Crops Crops

(Dave Bedard photo)
Crops, Markets

ICE canola futures see record daily trade volume

Previous record trading day was in 2014

By Phil Franz-Warkentin June 17, 2023
MarketsFarm — The ICE Futures canola market on Friday saw its busiest day ever, with over 90,000 contracts traded during the session, according to preliminary data. Intermonth spreading accounted for […] Read more

CBOT July 2023 corn with Bollinger bands (20,2) and December 2023 corn (orange line). (Barchart)
Crops, Markets

U.S. grains: Corn, soy, wheat set multi-month highs on weather worries

U.S. markets closed Monday for Juneteenth

By Julie Ingwersen June 17, 2023
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

File photo of barley being loaded off the combine. (Collab Media/iStock/Getty Images)
Crops, Markets

Australia expects ‘favourable decision’ from China on barley

Heavy tariffs in place since 2020

By Reuters June 16, 2023
Sydney | Reuters — Australia is expecting a positive decision over the next two weeks from China to fully settle a dispute over barley tariffs, Trade Minister Don Farrell said […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Prices, shipments steady as dryness continues

Drought 'priced into the market already'

By Adam Peleshaty June 15, 2023
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

(File photo by Dave Bedard)
Crops

Bayer settles with New York over Roundup safety claims

Company blocked from advertising product as non-toxic

By Jonathan Stempel June 15, 2023
New York | Reuters — Bayer agreed on Thursday to pay US$6.9 million to settle claims by New York Attorney General Letitia James that it misled consumers by advertising Roundup, […] Read more


CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soy futures soar on dry weather worries

Chicago July wheat also higher

By Julie Ingwersen June 15, 2023
Chicago | Reuters — U.S. corn futures hit their highest levels in nearly two months and soybeans hit a one-month high on Thursday as forecasts for continued dry weather in […] Read more

ICE July 2023 canola with 20- and 50-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola will follow soyoil up or down

Prairie weather another guiding factor

By Glen Hallick June 15, 2023
MarketsFarm — Although canola prices have been somewhat erratic over the last weeks, they along with other oilseeds have generally rebounded, according to trader Ken Ball of PI Financial in […] Read more

CBOT July 2023 corn with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn, soy, wheat futures sag on demand worries

U.S. winter wheat harvest adds seasonal pressure

By Julie Ingwersen June 15, 2023
Chicago | Reuters — U.S. corn futures and nearby soybean futures fell on Wednesday, backing down from multi-week highs, as traders weighed fears of flagging demand for grains and other […] Read more


Soil cracks around corn plants below knee-high at Manchester Township, about 130 km west of Philadelphia in southern Pennsylvania, on June 6, 2023. (Photo: Paul Kuehnel/USA Today Network via Reuters)
Crops, Markets

CBOT weekly outlook: Weather market for soy, corn

U.S. targets for biofuel blending pending

By Phil Franz-Warkentin June 14, 2023
MarketsFarm — With soybean and corn seeding nearing completion across the United States, attention in the futures markets is focused squarely on growing conditions. “We’re in a weather market, so […] Read more

File photo of barley being unloaded at a grain terminal in Ukraine on June 23, 2022. (Photo: Reuters/Igor Tkachenko)
Crops

Ukraine’s farm output could take 20 years to recover, study suggests

Some crop sectors may recover more quickly

By Reuters June 14, 2023
Kyiv | Reuters — Ukraine’s agricultural sector could take 20 years or more in parts to recover from the ravages of Russia’s full-scale invasion, according to a Kyiv-based research centre. […] Read more

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