The International Grains Council (IGC) said on Thursday it has trimmed its forecast for 2024/25 global wheat production driven partly by a diminished outlook for the European Union.
IGC cuts global wheat crop outlook on poor EU harvest
U.S. grains: Soybeans fall to 2-week low on strong South American crop prospects
U.S. soybean futures hit a two-week low on Wednesday and soyoil futures fell more than three per cent on expectations for plentiful South American soy harvests this year along with uncertainty about demand for soy-based biodiesel fuel, analysts said.
Russian farmers ditch wheat for other crops after heavy losses
Russian farmers say they will sow less wheat after heavy losses this year, switching to more profitable crops such as peas, lentils, or sunflowers.
Seed producer Corteva forecasts steady sales growth, unveils $3 bln buyback
Corteva expects low-single-digit percentage net sales growth through 2027, the U.S. agrichemicals firm said on Tuesday, banking on its exclusive seeds and crop chemical products.
U.S. grains: Wheat hits one-week high on fears of escalating Russia-Ukraine war
U.S. wheat futures rose for a third-straight session on Tuesday, posting a one-week high on fears of escalating war in the Black Sea breadbasket region amid rising tensions between Moscow and Washington over Ukraine, analysts said.
Barley, Canola, Cereals, Corn, Crops, Lentils, News, Oats, Peas, Pulses, Soybeans, spring-wheat, Winter Wheat
Only small changes in latest AAFC estimates
There were only small changes to the updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC) released Nov. 19. All of the other data in the AAFC report were carried over from its October report.
Ukraine 2025 wheat crop seen rising on larger sowing area, minister says
Ukraine's wheat harvest may increase to up to 25 million metric tons next year from an expected 22 million tons this year thanks to a larger sowing area, the first deputy agriculture minister Taras Vysotskiy told Reuters in an interview.
U.S. grains: Wheat rallies as lifting of Ukraine missile restrictions sparks fears of war escalation
U.S. wheat futures climbed on Monday after the White House lifted restrictions that had blocked Ukraine from using U.S. missiles to strike deep within Russia, sparking concerns of an escalating war in the Black Sea breadbasket region.
ADM posts drop in Q3 earnings in delayed report, revises segment core profit
Global grain trader Archer-Daniels-Midland posted a drop in third-quarter profit on Monday and said in its delayed filing that it has revised its calculation of total segment operating profit.
Agfinity shuttered, new brokerage facing online questions
Reading Time: 3 minutes Stuck with a bin of heated canola and few options for marketing the downgraded crop, Barry Kitt of Myrnam, Alta. was happy this past summer when a brokerage found him a decent price. A sale was made and the load shipped in early August, but Kitt was still waiting for payment in mid-November and the […] Read more
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