Buenos Aires | Reuters — The El Nino weather phenomenon is expected to start dumping torrential rains on Argentina next month, pushing farmers to plant more low-cost soy and less […] Read more
Markets/Business
El Nino seen pushing Argentina into planting more soy, less corn
U.S. grains: Ample stocks, poor exports push wheat to multi-year lows
Chicago | Reuters — U.S. wheat futures sank to multi-year lows on Thursday, weighed down by ample supplies and weak demand for U.S. exports, traders said. A hefty supply base […] Read more
Canola stocks increase dramatically in StatsCan report
CNS Canada –– It appears there’s a lot more canola in Prairie fields and bins than anybody thought. According to Thursday morning’s Stocks of Principal Field Crops report from Statistics […] Read more
CBOT weekly outlook: Corn, soybeans bearish on economic woes
CNS Canada — CBOT (Chicago Board of Trade) corn and soybean futures have abandoned fundamental trading in favour of moving alongside macro-markets, which for the most part are bearish. “It’s […] Read more
ICE weekly outlook: Canola may drop more
CNS Canada — ICE Futures Canada canola futures drifted lower during the week ended Wednesday, chopping up and down amid volatile financial markets. “A lot of canola has to come […] Read more
East’s biggest oilseed crusher goes to Viterra
Eastern Canada’s biggest oilseed processing plant is poised to become part of Canada’s biggest grain handler. Regina-based Viterra announced last week it has signed a deal to buy the shares […] Read more
U.S. livestock: Brisk pork demand pushes CME lean hogs higher
Chicago | Reuters — Chicago Mercantile Exchange lean hogs closed up more than two per cent Wednesday on short-covering after a third straight session of wholesale pork price gains, traders […] Read more
U.S. grains: Hard wheat hits eight-year low on plentiful supplies
Chicago | Reuters — U.S. wheat futures sank on Wednesday, weighed down by signs of abundant supplies and dim prospects for U.S. exports, traders said. The front-month K.C. hard red […] Read more
Small new crops keep eyes on ending stocks ahead of StatsCan
CNS Canada — Smaller Canadian canola and wheat crops in 2015-16 should keep some extra attention on the carryout from the previous crop year, when Statistics Canada releases its ending […] Read more
Large green lentil prices move up on supply concerns
CNS Canada — Price-wise, large green lentils have been outpacing their red counterparts, due to poor acreage and a general disappearance of the crop, according to an industry specialist. Delivered […] Read more
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