The European Commission proposed on Friday imposing tariffs on imports of grain from Russia and Belarus in an attempt to prevent Moscow and its ally from distorting EU markets and placate farmers who have protested for months over cheap imports.
EU plans to hit Russia, Belarus grain imports with tariffs
Commission aims to curb Russian income, prevent market distortions, placate farmers
U.S. grains: Soybean futures set 2-month top; corn, wheat inch higher
Chicago Board of Trade (CBOT) soybean futures surged to a two-month high on Thursday as worries about threatening weather in Argentina triggered speculative buying and short-covering, analysts said, but the market pared gains after the rally spurred a round of farmer sales.
Seasonal trends underpinning feed grains for now
Feed barley bids in Western Canada continue to find some support as the calendar turns to spring, with seasonal road restrictions lending some nearby support to prices.
Louis Dreyfus withstands commodity price drop to post stable profits
While less chaotic than 2022, war and weather continued to disrupt supply last year
Louis Dreyfus Company's (LDC) profits last year held close to the bumper levels of 2022, with the agricultural commodity giant saying its global trading network helped it withstand falling prices.
U.S. grains: Soybeans climb back above $12 a bushel while wheat stumbles
Chicago Board of Trade (CBOT) soybean futures jumped two per cent on Wednesday, climbing back above $12 a bushel as commodity funds appeared to cover short positions, brokers said, while news of fresh U.S. soybean export sales and excessive rains in Argentina lent support.
Rangebound outlook for CBOT soybeans/corn in short-term
Soybean and corn futures at the Chicago Board of Trade have both shown some strength over the past week but should be expected to hold relatively rangebound in the short term ahead of acreage data due out at the end of the month, according to an analyst.
Tightening canola ending stocks for 2024/25: AAFC
Canadian canola ending stocks will likely be tighter by the close of the upcoming 2024/25 marketing year, while the wheat carryout should rise, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released March 19.
Prairie forecast: Is winter making one last push?
Issued March 20, covering March 20-27, 2024
A sprawling Arctic high pressure system is poised to dominate the region, ushering in colder-than-normal temperatures reminiscent of January's grip, but not as cold. While cold snaps this time of year often bring snow, the prevailing high pressure suggests storm activity will largely skirt the area, save for southern and southwestern Alberta where significant snowfall is anticipated.
U.S. grains: Wheat, corn tick up on short covering; soybeans falter
Chicago Board of Trade (CBOT) wheat and corn futures strengthened on Tuesday on technical moves as traders seek to unwind short positions ahead of uncertain springtime weather and upcoming U.S. Department of Agriculture reports, analysts said.
U.S. grains: Wheat jumps on rising Black Sea tensions, soy slips
U.S. wheat futures rose 2.7 per cent on Monday as Russia's weekend attacks on Ukrainian ports underscored risks to exportable grain supplies from the Black Sea region, analysts said.
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