Crops
The demand for overhead imagery continues to gain acceptance. The volume of data gathered is increasing, and the time and learning curves required for analysis by growers and advisers are […] Read more
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Crops
Getting more out of satellite imagery
“Resellers” are reshaping imagery demand and usability
Plant protein processor Merit Foods in receivership
Company owes $95 million to EDC, FCC
The company behind a new Prairie processing plant extracting plant-based proteins from peas and canola has landed in receivership, in the high eight figures’ debt to its secured lenders. PricewaterhouseCoopers […] Read more
ICE weekly outlook: Canola drifts downward with soybeans
Wheat's recent decline may spur canola acres
MarketsFarm — The ICE Futures canola market drifted downward during the week ended Wednesday largely due to macroeconomic activity in the markets, according to one analyst. Jerry Klassen from Resilient […] Read more
CBOT weekly outlook: It still comes down to South America
Continent's soy situation conflicting
MarketsFarm — Although the U.S. Department of Agriculture (USDA) is set to issue its next supply and demand estimates on March 8, what’s going on in South America continues to […] Read more
BASF halting hybrid wheat seed development in North America
Results 'have not achieved development goals we set'
Reuters — Global chemicals and crop seeds company BASF is halting development of hybrid wheat in North America after results of seed trials failed to reach development goals, the company […] Read more
U.S. grains: Soy, corn, wheat futures bounce after declines
Chicago | Reuters — U.S. soybean, corn and wheat futures rose on Wednesday, with bargain buyers snapping up commodities that posted sharp declines during February. The higher closes in soybeans […] Read more
Russia, U.S. bicker at UN over donating fertilizer to Syria
U.S. calls for Russia to distribute via UN
United Nations | Reuters — Russia and the United States bickered on Tuesday over whether Russian fertilizer could be donated to Syria as Moscow heightens complaints about obstacles to its […] Read more
Pulse weekly outlook: Peas seeing good Prairie movement
MarketsFarm — Peas are seeing good movement in Western Canada ahead of spring, although prices have held steady over the past month. “The yellow pea market has some life again,” […] Read more
U.S. grains: Corn hits lowest since August
Chicago soybeans, wheat also drop
Chicago | Reuters –– U.S. corn futures fell to their lowest level in more than six months on Tuesday and soybean and wheat futures also dropped on a round of […] Read more
Bulk ocean freight rates recover off lows
Container rates remain in downtrend
MarketsFarm — Ocean freight rates have shown some strength in late February, with the Baltic Dry Index (BDI) recovering off two-and-a-half-year lows hit earlier in the month. The BDI, a […] Read more
Cyber-Savvy Farmer
