As high-level trade talks are underway in Beijing this week between the U.S. and China, commodity markets are watching carefully, said an analyst following the Chicago Board of Trade. “All eyes are on March 1,” said Steve Georgy of Allendale Inc. Should negotiators fail to make any progress toward resolving the U.S./China trade war, the […] Read more
Crops — page 2
CBOT weekly outlook: All eyes on March 1 trade deadline
Pulse weekly outlook: Values steady ahead of road bans, seeding
For pulses so far midwinter there hasn’t been a great deal of movement pricewise, though two factors are seen on the horizon could generate some change: road restrictions and spring seeding. Large green lentils are around 22 cents/lb. picked up at the farm, said Dale McManus of Johnston Grains at Welwyn, Sask., about 145 km […] Read more
Russia’s ag ministry to set up new grain exporters’ union
Moscow/Hamburg | Reuters — Russia’s agriculture ministry will set up a new grain exporters’ union to better understand the needs of the market, it said on Monday after its routine meeting with local grain traders. Traders interpreted it as a result of the close attention with which Russian officials have been monitoring how big exporters […] Read more
U.S. grains: Soybeans lower on South America weather, trade jitters
Chicago | Reuters — U.S. soybean futures fell about one per cent on Monday on improving crop weather in South America and worries about a looming March 1 deadline for a U.S.-China trade agreement, analysts said. Corn futures followed soybeans lower while wheat futures were mixed, with Chicago Board of Trade contracts edging higher. CBOT […] Read more
CP mainline through Rockies reopened after crash
Canadian Pacific Railway’s mainline through the Rocky Mountains has reopened to traffic following a grain train derailment that killed three railroaders Monday. Calgary-based CP announced late Friday its mainline through Field, B.C. was reopened at midday Wednesday “in close collaboration with Transport Canada, and upon completion of all necessary safety checks.” Meanwhile, CP said Friday, […] Read more
AGT privatization gets shareholders’ approval
The privatization of Canadian pulse processor AGT Food and Ingredients is set to move another step forward as company officials take their plan to Ontario’s Superior Court on Monday. The Feb. 11 court date in Toronto comes after AGT shareholders voted Tuesday at a special shareholders’ meeting in favour of privatization, according to a company […] Read more
U.S. grains: Soy firm after USDA data, focus turns to China talks
Chicago | Reuters — U.S. soybean futures ended firm on Friday as late-session short-covering lifted prices from lows notched after the U.S. Department of Agriculture (USDA) projected record large U.S. soy stocks amid a still-unresolved trade dispute with top importer China. Corn eased after USDA released a flood of data Friday, some of it delayed […] Read more
New option registered for dicamba-resistant soybeans
Syngenta Canada Inc. has announced the registration of Tavium Plus VaporGrip Technology herbicide for broad-spectrum control of grass and broadleaf weeds in Roundup Ready 2 Xtend soybeans. Tavium is a pre-mix of dicamba (Group 4) and s-metolachlor (Group 15), the active ingredient in Dual II Magnum herbicide. It can be applied pre-plant or pre-emergence in […] Read more
Increasing sunlight to energy conversion
Science Notes: Scientists believe plant productivity can be increased by as much as 40 per cent
Researchers believe they can boost crop productivity by as much as 40 per cent by engineering plants to improve how efficiently they convert the sunlight into energy via photosynthesis. Researchers from the University of Illinois and U.S. Department of Agriculture Agricultural Research Service report in the journal Science that crops engineered with a photorespiratory shortcut […] Read more
U.S. EPA wins new chance to argue against pesticide ban
Reuters — The Trump administration has persuaded a U.S. appeals court to reconsider its recent decision ordering the Environmental Protection Agency to ban the widely-used pesticide chlorpyrifos, which critics say can harm children and farmers. In an order on Wednesday, the Ninth U.S. Circuit Court of Appeals said it will again review former EPA administrator […] Read more
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