If the U.S. does not make a trade deal with China over the next month, the soybean export projection will be taken down and the ending stocks will swell.
Markets/Business
Soybean markets eyes trade talks between China and United States
As the largest importer, China sets the pricing structure for the soybean market
Pulse Weekly: Talk arises of India ending duty-free period
With harvest underway across the Canadian Prairies rumblings has been felt from the other side of the world, specifically in regards yellow peas. There have been recent media reports stating the Indian government is under growing domestic pressure to end its duty-free period on yellow pea imports.
StatCan stocks report sees drops in canola, wheat
Ending stocks of canola and wheat contracted significantly on the year, Statistics Canada said in its grains stocks report released on Sept. 9.
U.S. grains: Chicago corn, soybeans and wheat firm ahead of crop estimate
Chicago | Reuters — Chicago corn, soybean and wheat futures ticked up on Monday as traders awaited U.S. government harvest estimates later this week, with shrinking trade expectations on what […] Read more
Canola groups disappointed in Carney’s plan to help growers, biofuel
‘Farmers should not be expected to borrow’
Two national canola organizations said they’re not pleased with the federal government’s announcement on helping canola growers and the biofuel industry. The Canola Council of Canada and the Canadian Canola Growers Association expressed their disappointment in a Sept. 5 news release.
Confusion over documents halts Ukrainian rapeseed, soybeans exports, union says
Short-term price volatility expected
The introduction of a 10 per cent duty on Ukrainian rapeseed and soybean exports has virtually halted Ukrainian exports due to a lack of clear government procedure on the documents needed for shipment, the country’s largest farmers union UAC said on Monday.
Good weather for Alberta harvest
Heat, dryness take a toll on moisture levels
With hot and dry conditions the Alberta harvest is now in full swing, advancing 14 points to 22 per cent complete, the provincial agriculture department reported on Sept. 5. Combining was one point up compared to its five-average.
U.S. grains: Corn backs away from gains at close
Chicago | Reuters — U.S. corn futures climbed to a 6-1/2 week high on Friday on short covering ahead of the weekend and a U.S. government crop production update next […] Read more
China delays final ruling in canola dispute with top supplier Canada
Analyst suggests deal could resolve tariffs on vehicles and metals
China on Friday prolonged its probe into Canadian canola imports, buying six more months for negotiations that could ease a year-long trade dispute sparked by Ottawa's tariffs on Chinese electric vehicles.
U.S. livestock: Cattle futures end lower on profit-taking, technicals and flat cash prices
Chicago Mercantile Exchange cattle futures fell for a third consecutive day on Thursday in profit-taking and technical selling setback following recent highs and amid some weaker-than-expected cash market sales this week.
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