MarketsFarm — A recent webinar co-hosted by the India Pulses and Grains Association and Pulse Australia focused on lentil production in the two countries, with tighter Indian supplies likely leading to increased import demand going forward. “The share of Australian lentils in India’s import has been 10 to 15 per cent over the last seven-eight […] Read more
Tag Archives australia — page 9
Pulse weekly outlook: India likely in need of more lentils
U.S. grains: Soyoil leads soybean complex higher
Wheat follows corn, soy higher
Chicago | Reuters — Chicago soybean futures climbed on Tuesday, led by rising soybean oil as global edible oil supplies tighten. Corn futures also moved higher, as traders weighed Brazil’s late-planted second crop against beneficial rains in Argentina. Wheat followed the markets higher, despite much-needed rainfall across the U.S. Plains production belt. The most-active soybean […] Read more
Bumping up wheat production
What record-breaking New Zealand growers do, and what might work here in Ontario
Some areas of New Zealand have optimal climatic and geologic conditions for growing big wheat crops. For Eric Watson, a grain and vegetable farmer from the country’s Canterbury region, leveraging those conditions with specific seeding and input strategies has brought record-breaking yields. Why it matters: While conditions in Ontario differ, adopting some of Watson’s agronomic […] Read more
China’s appetite for feed barley sucks in new crop from Canada, France
Tariff on Australian barley favours other suppliers
Paris | Reuters — China’s buying spree of French and Canadian barley is spilling into the 2021-22 crop with large forward purchases, due to its major feed grain needs and a prohibitive tariff on Australian barley, traders and analysts said. China has been sweeping up huge volumes of foreign crops to help feed a pig […] Read more
U.K. to ask to join Trans-Pacific trading bloc ‘shortly’
Bilateral deals signed or in works with several CPTPP members
London | Reuters — Britain will soon submit its application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc, trade minister Liz Truss said on Wednesday. Since deciding to leave the European Union, a process it completed at the end of 2020, Britain has been seeking out new trading arrangements around […] Read more
Pulse weekly outlook: Markets steady heading into holidays
MarketsFarm — Pea and lentil markets in Western Canada are holding relatively steady heading into the holiday season, with little movement expected one way or the other until the New Year. “That’s normal for this time of year,” said Dale McManus of Johnston’s Grain at Welwyn, Sask. on the lack of activity and stagnant prices. […] Read more
Australia to appeal at WTO over China’s barley tariffs
China in May imposed tariffs totalling 80.5 per cent
Sydney | Reuters — Australia will launch a formal appeal to the World Trade Organization (WTO) later on Wednesday seeking a review of China’s decision to impose hefty tariffs on imports of Australian barley, Minister for Trade Simon Birmingham said. Acknowledging the appeal may take years to be resolved, Birmingham told reporters Australia would also […] Read more
U.S. grains: Soybeans sink on South American rains, slowing demand
Wheat pressured by bumper crops in Australia, Canada
Chicago | Reuters — U.S. soybean futures fell for a third straight session on Tuesday on slowing export demand and as forecasts for more rain in South American crop areas tempered concerns about tightening supplies. Corn and wheat followed soybeans lower, pressured by improved South American crop prospects and a firmer U.S. dollar. Grain prices […] Read more
U.S. grains: Wheat posts weekly dip as supply worries ease
Corn, soy futures also lower
Chicago | Reuters — U.S. wheat futures fell more than one per cent on Friday and recorded a weekly loss as expectations for bumper wheat harvests in Australia and Canada tempered fears of tightening global supplies. Corn and soybean futures declined on forecasts for beneficial rains in northern and central Brazil, although worries about dry […] Read more
U.S. grains: Wheat futures hit two-month low
Soybean, corn futures also decline
Chicago | Reuters — Chicago wheat futures hit a two-month low on Tuesday, pressured by improving U.S. winter wheat crop ratings, strong export competition and rising estimates of Australia’s harvest, analysts said. Corn and soybean futures also sagged, retreating from early strength as traders focused on forecasts for welcome rains in South American crop regions. […] Read more
Cyber-Savvy Farmer
