One medium-sized grain company has definitively decided to leave the organization, a large one has triggered a two-year option to depart if it chooses and other grain companies may have also triggered two-year potential-departure options, sources say.
Membership crisis rocks Cereals Canada
Official launch of campaign to establish the Global Agriculture Technology Exchange has been postponed
U.S. grains: Soybeans, corn fall as investors digest US heat, flood impact
Chicago Board of Trade (CBOT) soybean and corn futures fell on Tuesday as traders assessed the impact of flooding and heat on crops in the central U.S.
U.S. livestock: Hogs set contract lows as traders await US herd data
Analysts surveyed by Reuters project that quarterly USDA data will show the herd on June 1 was about 0.8 per cent bigger than a year earlier and that the number of pigs per litter was up 2.3 per cent in the March-May period.
Few changes expected ahead of StatCan report
It will be the second survey-based acreage report for 2024-25 from StatCan after the first was released in March. Since then, much of the Prairies received normal to above-normal amounts of precipitation while cooler temperatures have delayed development in most crops.
Bearish bets rise in canola futures
Bearish bets in the ICE Futures canola market hit their highest level in three months in mid-June, as speculative fund traders added to their large net short position, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
U.S. grains: Soybeans rise with flooding in the US upper Midwest
Chicago Board of Trade (CBOT) soybeans rose on Monday as flooding hit the upper Midwest after a weekend of thunderstorms. Corn fell on acreage expectations ahead of a USDA report on Friday and wheat was down with analysts citing U.S. harvest pressure.
Durum wheat prices expected to decline: analyst
Klassen estimated that six million acres of durum wheat were seeded this year across Canada with expected production at approximately 7.5 million tonnes. In Agriculture and Agri-Food Canada’s (AAFC) monthly principal field crops outlook released on June 20, the agency estimated 6.343 million acres with production at 5.655 million tonnes. Statistics Canada (StatCan) will release their latest acreage estimates on June 27.
From Black Sea to US Midwest, extreme weather threatens crop output
Hot, dry weather forecast for Russia, Ukraine in coming months; relief seen for China's corn, soybean crops hit by heatwave
Forecast dryness in the Black Sea region's breadbasket is likely to stunt sunflower and corn yields, while heavy rain in the United States after near-record temperatures threaten to take a toll on crops, hitting world supplies and pushing prices higher.
U.S. grains: Soybeans gain on US wet weather risk, down for week
Chicago Board of Trade soybean futures strengthened on Friday as some weather models showed heavy rain putting certain U.S. production areas at risk of flooding, though they closed down for the week.
Alberta Crop Report: Variable weather fails to dispel crop growth
Crop conditions across the province were rated at 72.9 per cent good to excellent, better than the five-year average of 68.8 per cent and the 10-year average of 70.2 per cent. The central region had the best rating at 78.2 per cent, followed by the Peace region at 75.7 per cent and the south region at 73.9 per cent, all above both historical averages. The northeast region was at 70 per cent, below its averages, while the northwest was in line with its average at 61.8 per cent.