Chicago Board of Trade corn and soybean futures fell on Monday on shaky demand, technical trading and expectations of strong seeding progress and crop condition for corn later in the day, traders said.
U.S. grains: Corn and soy slip on positive crop progress outlook
Clock ticking on potential border strike, union says
Most border workers are classified essential and must continue to work in a strike, feds say
The union representing Canadian border workers says its members could strike as soon as Thursday.
Bigger cereal, pulse crops for Australia as canola contracts
Winter crop production in Australia has been projected to increase nine per cent at 51.3 million tonnes for 2024/25. That’s according to the Australian Bureau of Agricultural and Resource Economics and Sciences which issued its latest supply and demand report on June 3.
Farm groups criticize capital gains inclusion rate change
Ten national organizations say several tax-related changes in the 2024 federal budget will impact farmers
In a May 27 letter to finance minister Chrystia Freeland, agriculture minister Lawrence MacAulay and national revenue minister Marie-Claude Bibeau, 10 signatories said they are concerned about the capital gains inclusion rate, the Alternative Minimum Tax (AMT) and the Canadian Entrepreneurs’ Incentive (CEI), which were all announced in April.
U.S. grains: Wheat, corn futures end week lower with Russian crop in focus
Forecasts for a smaller Russian wheat harvest due to persistent drought and frost pushed prices to a 10-month high of $7.20 a bushel this week. But by Friday, traders were less concerned about how much relief the well-timed rains might give the country's crop, analysts said.
Alberta Crop Report: Progress made, still behind historical averages
Growers in Alberta made plenty of seeding progress during the week ended May 28, but progress was still a bit behind historical averages.
Prairie Wheat Weekly: Western Canadian bids show small declines
Most Western Canadian wheat bids weakened a little during the week ended May 30 as spring wheat continued to be planted and winter wheat began its harvest.
Polish farmers demand less interference from EU ahead of vote
Poland has become a hotspot for protests that sprang up across Europe as farmers railed against cheap imports from the war-torn country, as well as restrictions placed on them by the EU's "Green Deal" to tackle climate change.
U.S. grains: Wheat slips further from highs as Russia rain awaited
Chicago wheat futures turned lower for a second straight session on Thursday, falling from 10-month highs, as traders assessed whether rain forecast in parts of Russia would halt a rapid decline in harvest estimates for the world's top exporter.
Saskatchewan seeding progress running behind average
Saskatchewan farmers made good seeding progress during the week ended May 27 although operations continue to run behind average as varied rainfall caused some delays, according to the latest weekly report from the provincial agricultural department.
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