London | Reuters — South American grain exports are set to overshadow Black Sea shipments this year as doubts grow over a U.N.-backed Ukraine deal and international traders cut commercial […] Read more
Tag Archives grain markets
Black Sea grain shipments shrink amid Ukraine deal doubts, Cargill exec says
'Grey/black' fleet seen handling more Russian traffic
Brazilian soy bounty weighs on prices
New crop corn prices could be bullish if U.S. yields dip in face of dry weather
Ontario received average to below average precipitation in May and temperatures were cooler than normal. Ontario farmers have finished planting and emergence of the row crop is 10-14 days behind […] Read more
Record corn, soybean crops predicted for U.S.
Both winter and hard red spring wheat will struggle to surpass year-ago levels
Weather in Ontario has been variable over the past month. Corn and soybean planting progressed rapidly in the southwest. The northern region has been plagued with excessive precipitation while central […] Read more
Viterra in talks to merge with Bunge, source says
Merger would vault Viterra into top tier of grain trade
Reuters — Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd., according to a person familiar with the matter, in a potential mega-deal that would […] Read more
Risk premium in wheat market continues to evaporate
StatCan acreage survey shows increased winter wheat plantings for Ontario, a decrease for soybeans and no change for corn
Grain and oilseed markets are digesting new-crop production estimates. On April 26, Statistics Canada released the results of its acreage survey conducted between Dec. 12, 2022 and Jan. 14, 2023. […] Read more
EU sets Ukraine grain import restrictions in five countries until June 5
Supports pledged for farmers in those countries
Brussels | Reuters — The European Commission said on Tuesday it set restrictions until June 5 on imports of Ukrainian wheat, maize, rapeseed and sunflower seed to ease the excess […] Read more
Russia’s Black Sea demands cause jumpy wheat market
An opportunity may arise for new-crop wheat sales, depending on future of shipping agreement
From March 15 through April 15, southern Ontario received above normal precipitation with some areas receiving as much as 100 to 125 millimetres of rain. Temperatures were two to three […] Read more
USDA projects increased planting for corn, soybeans
Planting expected to occur later than normal in both U.S. and Canada, which could drag yields
Ontario received above normal precipitation and experienced average temperatures in March. The winter wheat crop is coming out of dormancy under optimal conditions. Above average wheat yields are expected. Export […] Read more
Opinion: Don’t forget about managing crop price risk
By the time you read this, spring should be well underway, with March behind us, the sun feeling good and the soil warming. That sounds all warm and comfortable after […] Read more
Black Sea Grain Initiative extended
Wheat market unlikely to see another rally as Russian and Ukrainian wheat continues to move
Ontario corn, soybean and wheat prices are relatively unchanged from mid-March. Farmer selling tends to subside during late March and April as producers prepare for spring planting. Export demand for […] Read more