Chicago wheat futures fell sharply on Friday as rains were expected to benefit global wheat-growing regions, analysts said. A shift in Russian export policies also fuelled concerns that U.S. commercial grain companies will be left holding large supplies of wheat.
U.S. grains: Wheat slumps on beneficial rains, Russian export policies
Russia seeks more control over global food prices with BRICS grain exchange
Russia is proposing BRICS countries set up a grain exchange that would give Moscow greater control over international prices for its agricultural exports, ahead of a group summit that will be attended by leaders of top global grain producers and buyers.
ADM accused of misconduct, lack of safety inspections after explosion hurt US worker
Archer-Daniels-Midland Co intentionally failed to test and maintain safety systems on its grain equipment for years, which contributed to an explosion that immolated a U.S. worker and put him in a coma last year, according to a lawsuit filed against the company.
Russia’s Kursk region declares emergency due to winter grain crop failure
Russia's Kursk region has introduced emergency measures due to a drought which killed winter grain crops, the local government said on Thursday.
Canada’s agricultural policies are falling short of health and sustainability goals
Canada's current agricultural policies are not serving the well-being of the public. Canada's agricultural program payments and subsidies are not aligned with the government's dietary guidelines and health goals.
U.S. grains: Corn futures rise after big US grain sale to Mexico
Chicago Board of Trade corn futures rose on Wednesday after the U.S. Department of Agriculture said exporters reported the biggest daily export sale of the grain in more than a year.
Canadian Grain Commission predicts financial shortfall
In a release Oct. 16, the organization said that “Since the Canadian Grain Commission reduced its official inspection and weighing fees in 2021, the organization has inspected and weighed lower-than-expected grain volumes, leading to a gap between revenue and costs.”
Canada labour minister proposes new mediator for Montreal port workers strike
Federal Labour Minister Steve MacKinnon on Tuesday proposed the appointment of a special mediator for a 90-day period in a bid to solve the ongoing labour dispute at the Port of Montreal.
U.S. grains: Corn, soy down on South America rains; crude, equities sell-off
U.S. corn and soybean futures fell for a fourth straight session on Tuesday and hit multi-week lows, guided by sharp declines in equities and crude oil and forecasts for timely rains in Brazil that have tempered worries about early-season planting delays.
Federal funds announced for Cereals Canada
The recent $7.3 million in federal money to Cereals Canada is slated for international market improvements and research into the impact of environmental conditions on cereals
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