(Dave Bedard photo)

ICE weekly outlook: Canola to notch lower in holiday trade

CNS Canada –– ICE Futures Canada canola contracts are likely to edge lower, short-term, in sluggish holiday trading. “It’s just kind of a quieter time of year for fundamental news, so you’re just kind of taking direction from outside markets,” said Jon Driedger of FarmLink Marketing Solutions. Canola prices will likely see pressure moving into […] Read more

(BungeMOE.com)

Bunge expects bounce from record U.S. harvest

Chicago | Reuters — U.S. agricultural products trader Bunge said Wednesday it expects the record-large U.S. corn and soybean harvest to help its earnings rebound from a weaker-than-expected third quarter. The company’s shares surged despite reporting disappointing results on Wednesday due to weather-reduced crops in South America, home to many of Bunge’s elevators and processing […] Read more


(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat down on ample supplies

Chicago | Reuters — Chicago Board of Trade wheat futures fell more than one per cent on Thursday, easing from a two-session rally as traders returned their focus to record-large global inventories and poor export demand for U.S. supplies, traders said. Corn and soybean futures also declined. At the CBOT, March wheat settled down 6-1/4 […] Read more




(Scott Bauer photo courtesy ARS/USDA)

For U.S. farmers, ugly soy bids look better all the time

Chicago | Reuters –– U.S. farmers booked soybean sales this week as prospects for burgeoning global supplies and weak export demand caused growers to accept deals they’d rejected at similar price levels just a few weeks ago. Grain dealers noted an uptick in grower interest as Chicago Board of Trade soybean futures rallied 3.8 per […] Read more


Crop prices to stay under pressure

Commodity News Service Canada – North American farmers hoping for weak commodity prices to right themselves could be waiting for quite a while, according to one of the speakers at the Cereals North America conference going in Winnipeg this week. Dan Basse, president of AgResource, said  currency issues are making life very profitable for farmers […] Read more

(Lisa Guenther photo)

CBOT weekly outlook: Corn, soybean prices expected to rise

CNS Canada –– The ongoing U.S. harvest has pressured CBOT corn and soybeans in recent sessions, but support for the commodities will ramp up long-term, moving prices higher, according to a U.S. analyst. “I think you’re going to see demand improve and you’re going to see weather problems in South America emerge,” said Sean Lusk, […] Read more