Brussels | Reuters — The world could breach a new average temperature record in 2023 or 2024, fuelled by climate change and the anticipated return of the El Nino weather […] Read more
Crops

World could face record temperatures in 2023 as El Nino returns
New record highs 'more likely than not'

World production seen up with more corn, soybeans
IGC holds wheat production estimate steady
MarketsFarm — As the International Grains Council (IGC) raised its estimate for total world grain production in 2023-24, its forecast on corn and soybeans were increased as well. Meanwhile, production […] Read more

More grain for European Union in 2023-24, USDA projects
Larger production seen reducing need for imports
MarketsFarm — The U.S. Department of Agriculture’s (USDA) attaché in Madrid is projecting an increase in grain production for the European Union (EU) in 2023-24. In USDA’s Global Agricultural Information […] Read more

ICE weekly outlook: Weather to influence canola price movement
Short-covering seen supporting front months for now
MarketsFarm — Canola contracts on the ICE Futures platform held relatively rangebound during the week ended Wednesday, trading within a $20 per tonne range in most months as market participants […] Read more

U.S. grains: Chicago futures dip as Ukraine inspections resume
Planting windows seen in U.S. despite rain forecasts
Mexico City | Reuters — Chicago grains and soy futures closed lower on Wednesday after inspections of ships carrying Ukrainian grain from the Black Sea resumed, and crude oil’s dip […] Read more

CBOT weekly outlook: Weather, demand affect grain prices
Wheat 'up and down' on Black Sea uncertainty
MarketsFarm — Severe weather in the U.S. as well as macroeconomic factors at home and abroad affected grain prices on the Chicago Board of Trade (CBOT) for the week ended […] Read more

EU plans import curbs on Ukraine grain, farmer supports for border countries
Grain would be let into five countries only for export
Brussels | Reuters — The European Union is preparing 100 million euros (C$147.4 million) in compensation for farmers in five countries bordering Ukraine and plans to introduce restrictions on imports […] Read more

Less wheat expected in Kazakhstan in 2023-24, despite same acres
Soil moisture loss expected in wheat-growing regions
MarketsFarm — As the 2022-23 crop year in Kazakhstan begins to wind down, the U.S. Department of Agriculture (USDA) attaché in the country’s capital of Astana estimated its wheat production […] Read more

New precision crop monitoring technology offers great potential
SWAT Cam is the latest in summarizing crop performance
The latest technology to provide enhanced imaging and monitoring of field conditions was previewed April 3 with a webinar launch among dozens of agronomists, certified crop advisors, growers and other […] Read more

New sustainable soybean program launched
Voluntary program aims to drive new market opportunities for growers and value chain
A new national and voluntary sustainability program has been launched to ensure Canadian soybean growers, grain handlers and exporters have continued access to premium markets. The Sustainable Canadian Soy program […] Read more