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Tag Archives grains — page 3

File photo of a lighthouse at the Ukrainian port of Chernomorsk on the Black Sea. (Larysa Shcherbyna/iStock/Getty Images)
Crops, Markets

Ukraine, Russia sign deal to reopen grain export ports

Russia says it 'won't take advantage' of de-mining of ports

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Istanbul/Kyiv | Reuters — Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis aggravated by the Russian invasion can be eased. The accord crowned two months of talks brokered by the United Nations and Turkey, a NATO member that […] Read more
(Dave Bedard photo)
Crops, Markets

AAFC ups wheat production, usage numbers; stocks steady

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MarketsFarm — Projected ending stocks of Canada’s major crops were left relatively unchanged in the latest supply/demand estimates from Agriculture and Agri-Food Canada, released Monday, although there were some revisions to the wheat production and usage numbers. The government agency raised its forecast for total Canadian wheat production in 2022-23 to 33.092 million tonnes, up […] Read more
(Medioimages/Photodisc/Getty Images)
Crops, Markets

CBOT weekly outlook: Soy prices rise, yields may follow suit

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MarketsFarm — Soybeans were the high-rising crop on the Chicago Board of Trade (CBOT) for the week ended Wednesday, two days before the U.S. Department of Agriculture’s monthly world agriculture supply/demand estimates (WASDE) are released. Old- and new-crop soybeans all rose in tandem during the week, but while old-crop contracts are rising in price due […] Read more
Keefer Terminal (foreground) at the Port of Thunder Bay. (PortOfThunderBay.ca)
Crops, Markets

Thunder Bay grain shipments down on year through two months

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MarketsFarm — Grain shipments through the Port of Thunder Bay are running well behind normal through the first two months of the 2022 shipping season, according to a release from the port. However, potash movement through the port is up considerably, with inbound shipments of general cargo also strong. Grain shipments through the end of […] Read more
(File photo by Lorraine Stevenson)
Crops

Elevator declarations changing Aug. 1

CGC says the move won't harm Canada's grain quality assurance system

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The declarations of eligibility western Canadian farmers sign before delivering to elevators, effective Aug. 1, will no longer include crops that don’t require end-use quality assessment as part of the variety registration process. “It’s not a big change,” Canadian Grain Commission (CGC) spokesman Remi Gosselin said in an interview Thursday. Wade Sobkowich, executive director of […] Read more
Flags in front of the European Commission headquarters in Brussels. (Inakiantonana/E+/Getty Images)
Crops, Markets

EU crops to face some challenges in 2022-23

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MarketsFarm — Total grain production in the European Union is expected to decrease overall by 2.4 per cent in 2022-23, according to U.S. Department of Agriculture attachés throughout the multi-nation bloc. For the coming crop year, they forecast production to be 286.02 million tonnes of wheat, corn, barley, rye, oats, mixed grains and others. One […] Read more
One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

IGC tweaks old-crop numbers, makes bigger changes in new-crop

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MarketsFarm — There were a few tweaks to the old-crop data in the April supply/demand report from the International Grains Council (IGC) on Thursday — but somewhat more significant numbers for its new-crop projections. For the 2021-22 crop year, the IGC bumped up total global grain production by three million tonnes at 2.287 billion tonnes, […] Read more
Grain storage at a Russian seaport. (Pridannikov/iStock/Getty Images)
Crops, Markets

Moscow retaliates against sanctions with export bans

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Reuters — Russia sought on Thursday to retaliate against Western sanctions imposed over its invasion of Ukraine by banning exports of certain goods and agricultural commodities. Exporting telecom, medical, auto, agricultural, electrical and tech equipment, as well as some forestry products, will be banned until the end of 2022. “These measures are a logical response […] Read more

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