Chicago | Reuters — Chicago Board of Trade corn futures slumped on Monday to an eight-month low after the government announced that China canceled some purchases of U.S. supplies of the grain. The cancellations, which also weighed on wheat and soybean futures that hit one-month lows on Monday, highlighted concerns about weak demand for U.S. […] Read more
U.S. grains: Corn hits eight-month low
Soybeans, wheat at one-month low
Matador, Voliam insecticides back in ‘limited’ release
Revised labels prohibit feeding, foraging of treated crops
Syngenta Canada no longer plans to keep its lambda-cyhalothrin insecticide products off the market in Western Canada this year — but it’s planning to have a smaller supply. The crop chem and seed company announced Friday it will have a “limited amount” of its lambda-cy-based products Matador 120EC and Voliam Xpress available in the West […] Read more
Moscow would scrap grain deal if G7 bans exports, Medvedev warns
G7 said to be considering blanket ban on exports to Russia
Reuters — Former Russian president Dmitry Medvedev said on Sunday that if the G7 moved to ban exports to Russia, Moscow would respond by terminating the Black Sea Grain deal that enables vital exports of grain from Ukraine. The Group of Seven (G7) countries are considering a near-total ban on exports to Russia, Japan’s Kyodo […] Read more
AAFC raises canola stocks projections
StatCan's early acreage estimates due out this week
MarketsFarm — Canola ending stocks for both the current marketing year and 2023-24 were raised slightly by Agriculture and Agri-Food Canada (AAFC) in its latest supply/demand projections, released Friday. The government agency lowered its canola export forecast for 2022-23 by 200,000 tonnes from March, now pegging movement at 8.4 million tonnes. With domestic usage left […] Read more
Poland pledges aid for farmers as PM slams EU response
PM says EU offer a 'drop in the ocean'
Warsaw | Reuters — European Union measures to help farmers affected by a glut of Ukrainian food imports are too little too late, the Polish prime minister said on Friday, after the government approved 10 billion zlotys (C$3.23 billion) in aid for Polish agriculture. Central European countries are trying to thrash out a deal with […] Read more
France confirms S-metolachlor herbicide ban with 18-month deadline
Ban would mostly affect corn, sunflower crops
Paris | Reuters — France will proceed with a ban on major crop uses of herbicide S-metolachlor owing to concerns over water pollution, with farmers able to use the product for another 18 months, the agriculture ministry said on Friday. The decision follows a ruling in February by health and safety agency ANSES that main […] Read more
U.S. grains: Cheap Brazilian soybeans destined for U.S.
U.S. weather, Ukrainian exports also in focus
Mexico City | Reuters — U.S. soybean futures closed the week down on Friday, extending losses as cheap Brazilian beans were being snatched up by the U.S., the second-largest soy producing country in the world. A drop in prices due to abundant local supplies and cooling demand have made Brazil an attractive origin for soybeans, […] Read more
A new name, some familiar programs and a bunch of new money
Federal-provincial ag funding deal has new initiatives, old favourites and sizeable grants
Reading Time: 3 minutes Have you been itching to buy temperature and moisture measuring cables for your grain bin? Or maybe an imaging drone or some fancy soil sensors? If so, there may be up to $150,000 available to you. Through its new five-year Sustainable Canadian Agricultural Partnership, Ottawa and the province will split the cost of a number […] Read more
French agency drops fumigant ban on non-EU grain exports
Limit on phosphine won't apply if use required for export
Paris | Reuters — French health safety agency ANSES on Thursday cleared the use of phosphine pesticide in contact with grains exported outside the European Union when importing countries require the process, averting a halt to shipments from the EU’s top grain exporter. In late October ANSES cleared the use of phosphine tablets used for […] Read more
U.S. grains: Chicago grains down on export data, weather
EU transit plan, Black Sea inspections temper Ukraine fears
Reuters — Chicago grains closed lower Thursday on lower-than-expected U.S. soybean export sales data, and favourable weather that would allow for planting to accelerate in the Midwest farm belt. Grains prices were also impacted by crude oil falling. The U.S. Department of Agriculture said soybean weekly export sales totalled 103,000 tonnes, below forecasts. “Export sales […] Read more