Mexico City | Reuters — Chicago wheat futures fell for a seventh straight session on Thursday and touched a 21-month low on export competition while corn hit a nine-month low, […] Read more
Crops

U.S. grains: Chicago wheat, corn hit fresh lows
Export competition, China cancellations drag on futures

ICE weekly outlook: StatCan’s canola area estimate questioned
Traders predict significant increase ahead
MarketsFarm — Statistics Canada on Wednesday released its first survey-based seeding intentions report for the 2023-24 marketing year, reporting an anticipated 0.9 per cent rise in canola acres, to 21.6 […] Read more

Feed weekly outlook: Grain area to increase this year
Oats area expected to be reduced
MarketsFarm — Early signs point to increased Canadian feed grain production in 2023-24, with record corn acreage intentions and increases in both barley and wheat area on the year, according […] Read more

European Commission to ban Ukrainian grain exports to Romania
Talks ongoing with Ukraine's other neighbours
Bucharest | Reuters — The European Commission will ban Ukrainian grain and oilseeds exports to Romania until June 5, Romanian Agriculture Minister Petre Daea said on Wednesday. Romania has stopped […] Read more

Russian envoy says no breakthrough on grain deal
Ukraine says Moscow blocking ships
Geneva | Reuters — Russia’s envoy to the United Nations in Geneva on Wednesday said “no real progress” had been achieved in resolving issues raised by Moscow over the Black […] Read more

U.S. grains: Chicago wheat closes down as global supplies look strong
Market monitoring Plains rain relief, Black Sea grain talks
Mexico City | Reuters — Chicago grains and soybean futures closed lower to mixed on Wednesday, as traders eyed sluggish demand and upcoming U.S. export sales data. Wheat fell on […] Read more

CBOT weekly outlook: U.S. rain, StatCan report biggest influences
Russia's sabre-rattling not yet swaying markets
MarketsFarm — The three to five inches of rain received Wednesday in Kansas and Oklahoma have put pressure on Kansas City and Chicago wheat prices on the Chicago Board of […] Read more

Potato industry looking to diversify mini-tuber production
With closure of SPUD Unit, industry considers options
A well-known Ontario potato breeder is looking to enlist participants in the production of potato minitubers. Peter VanderZaag, a potato breeder with Sunrise Potato in Alliston, Ont., gave a presentation […] Read more

StatCan expects more wheat, canola acres in 2023
Corn, soy, barley acres also expected up
MarketsFarm — Canadian farmers intend to plant more wheat and canola in 2023, with soybeans, corn and barley area also forecast to expand, according to Statistics Canada’s projections for field […] Read more

Merit Foods co-owner Burcon partnering on bid for assets
Unnamed 'plant protein company' now in on Burcon's bid
A major shareholder in beleaguered pea and canola protein processor Merit Functional Foods has brought on an unnamed partner in its bid to buy the business out of receivership. After […] Read more