MarketsFarm — The International Grain Council (IGC) has revised its latest monthly forecast of global grain production down slightly. The IGC projected global production in 2020-21 to hit 2.218 billion […] Read more
Tag Archives production

Global grain production to exceed 2.2 billion tonnes, IGC predicts

Pandemic to delay StatsCan’s agriculture reports
MarketsFarm — Farmers, commodity traders and market analysts will have to wait a while for agriculture-related reports from Statistics Canada in 2020. The main reason for the delay is the […] Read more

Global grain production to increase, IGC predicts
MarketsFarm — The International Grains Council (IGC) issued projections Thursday calling for a slight increase in total global grain production for the current marketing year and for 2020-21. The U.K.-based […] Read more

USDA’s supply and demand report largely stands pat
MarketsFarm — Any changes in the latest monthly supply and demand report from the U.S. Department of Agriculture (USDA) on Tuesday were few and far in between when it came […] Read more

U.S. grains: Soy, wheat, corn close lower after early gains
Traders focus on signs of tepid demand from China
Chicago | Reuters — U.S. soybean, corn and wheat futures fell on Friday, with all three commodities facing pressure after rising early in the session. Soybean futures hit their highest […] Read more

IGC calls for more wheat despite lowering global forecast
MarketsFarm — At close to 1.03 billion tonnes, there’s going to be more wheat in the world in 2019-20 than in the previous marketing year, according to the latest outlook […] Read more

Flax prices likely to remain flat
MarketsFarm — Although autumn snowfall limited the quality of a lot of Prairie flax, its price has remained flat, according to Brian Johnson of Johnson Seeds at Arborg, Man. While […] Read more

Vietnam’s pork imports more than double amid swine fever outbreak
Hanoi | Reuters — Vietnam’s pork imports during the first 11 months of this year more than doubled to 110,000 tonnes, the ministry of finance said on Thursday, as the […] Read more

Pulse weekly outlook: Balance sheet tightening
MarketsFarm — Canadian pea and lentil production failed to live up to earlier projections, according to the latest survey data from Statistics Canada. While both crops are still forecast to […] Read more

StatsCan report puts canola production at lowest since 2015
MarketsFarm — Data from Statistics Canada’s production of principal field crops report, released Friday morning, will likely be supportive of canola values, put pressure on barley, and keep wheat prices […] Read more