Chicago wheat surged to a two-month high on Tuesday as a decline in U.S. winter wheat conditions focused attention on weather risks to northern hemisphere crops.
U.S. grains: Wheat extends rally as US crop rating fall keeps weather in focus
Canadian Grain Commission appoints new chief
Longtime Manitoba civil servant David Hunt has been appointed Chief Commissioner of the Canadian Grain Commission the federal government announced today.
EU lawmakers back Ukraine food import extension, with curbs
The European Parliament voted on Tuesday to back a year-long extension to tariff-free trade for Ukrainian farm produce, while introducing new curbs on the level of imports to assuage protesting EU farmers.
Competition bureau has major concerns about proposed Bunge-Viterra merger
The Competition Bureau on Tuesday said it had identified major competition concerns around the proposed merger between U.S. grains merchant Bunge and Glencore-backed Viterra.
U.S. grains: Wheat futures rally as weather risks rattle markets
U.S. wheat futures rallied to their highest point in more than two months before the session closed on Monday as crop weather concerns in the Northern Hemisphere supported prices and triggered technical buying and short covering, which accelerated the climb, analysts said.
ADM CFO to resign as company faces US government investigation
Grain trader Archer-Daniels-Midland said on Monday that Chief Financial Officer Vikram Luthar will resign from his role effective Sept. 30.
Bayer confirms 2024 outlook despite slow start for agriculture, consumer health units
Bayer confirmed its full-year forecast for earnings and cash flow on Monday despite slow business at its crop science and consumer health divisions.
Certified seed cost trends
Reading Time: < 1 minute Farmers select seeds based on factors such as quality, yield potential, field conditions, crop rotation, cost implications, market dynamics and environmental conditions. Azam Nikzad, market analyst/coordinating researcher with the Alberta government, says the advantage of using certified seed often justifies the higher upfront cost. “Producers aim to optimize their choices by maximizing productivity and reducing […] Read more
Fund traders back adding to short positions in canola
The net managed money short position in canola grew for the first time in seven weeks as fund traders put on fresh bearish bets in mid-April, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Crop Trust seeks more funding to protect global seed diversity
Climate change, surge of conflict makes crop seed preservation more urgent, organization says
Crop Trust, which works to preserve crop bio-diversity, needs to more than double its $300 million endowment fund to be able to support seed banks across the world, Executive Director Stefan Schmitz said.
Cyber-Savvy Farmer
