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Cereals


Photo: Thinkstock
Markets

Speculators finally backing away from bearish bets in canola

By Phil Franz-Warkentin, GFM Network News March 18, 2024
Speculators were busy covering some of their large net short position in canola in early March, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Maize is one major world crop affected by abiotic stresses including extreme heat and drought exacerbated by climate change (CABI Review)
General, Reuters

Zimbabwe goes hungry as crops wither amid El Nino drought

By Nyasha Chingono, Reuters, GFM Network News March 18, 2024
Residents of the Zimbabwean village of Buhera stood in groups at a primary school waiting to be called by name to receive life-saving handouts of grain, peas and cooking oil.


A view of Oldman River which flows into the Oldman Reservoir, which according to local news media is at its lowest point in 30 years, near Pincher Creek, Alberta, Canada March 15, 2024.  REUTERS/Todd Korol
General, Reuters

Farmers, oil drillers in parched Alberta brace for water shortage

Drought could cause double-digit declines in Alberta's wheat yields, data suggests

By Nia Williams, Reuters, Rod Nickel, GFM Network News March 18, 2024
Drought in Alberta is stretching into its fourth year and farmers and oil companies are planning for water restrictions that threaten production of wheat, beef and crude.

Photo: Thinkstock
Markets, Reuters

U.S. grains: Wheat continues downward trend, soy and corn rise on short covering

By Heather Schlitz, Reuters, GFM Network News March 15, 2024
Chicago Board of Trade wheat futures weakened on Friday as plentiful global supplies and weak demand anchored the market, analysts said.


Photo: Scharfsinn86/Getty Images
Markets

Prairie wheat bids rise as U.S. futures attempt recovery

By Phil Franz-Warkentin, GFM Network News March 15, 2024
Spring wheat bids in Western Canada moved higher during the week ended March 14, as wheat futures in the United States tried to recover off their lows.

Unifor says it stopped a CN train at a crossing Winnipeg near where members were demonstrating in solidarity with striking workers in Halifax. Photo: Unifor
General

CN train stopped by demonstrators in Winnipeg, union says

By Geralyn Wichers, GFM Network News March 15, 2024
A union representing striking workers in Halifax said it stopped a CN train in Winnipeg yesterday as part of escalations against that company.


A man carries a Polish flag next to burning tyres, as farmers protest outside Polish Prime Minister Donald Tusk’s office against the European Union’s Green Deal and imports of Ukrainian agricultural products, in Warsaw, Poland, March 6, 2024. REUTERS/Kacper Pempel
General, Reuters

EU plan to ease farmers’ fallow land requirement stalls

Farmers have staged weeks of protests against EU environmental restrictions, cheap imports

By Anna Koper, Reuters, GFM Network News March 15, 2024
European policymakers' plan to replace a requirement for farmers to leave land fallow with a voluntary scheme has been held up by disagreement on details, the agriculture commissioner said on Friday on a visit to Warsaw.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Wheat and corn plunge on poor export news, soy follows lower

By Heather Schlitz, Reuters, GFM Network News March 14, 2024
Chicago Board of Trade wheat futures plunged on Thursday to approach their lowest level since 2020 and dragged corn prices down on spillover weakness, analysts said.


File photo of harvesting near Wymark, Sask., south of Swift Current, on Sept. 8, 2020. (Nancy Anderson/iStock/Getty Images)
Markets

IGC sees world crop production rising in 2024/25

By Phil Franz-Warkentin, GFM Network News March 14, 2024
World production of wheat, corn and soybeans are all forecast to rise in the 2024/25 crop year, according to the first estimates from the International Grains Council for the upcoming growing season, released March 14.

Photo: fotokostic/iStock/Getty Images Plus
Markets

Feed barley sees nearby strength heading into spring

By Phil Franz-Warkentin, GFM Network News March 14, 2024
Seasonal trends and rising corn prices have underpinned the feed grain market in Western Canada over the past few weeks, although ample supplies will likely limit the upside going forward.


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