Bayer confirmed its full-year forecast for earnings and cash flow on Monday despite slow business at its crop science and consumer health divisions.
Bayer confirms 2024 outlook despite slow start for agriculture, consumer health units
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.
U.S. grains: Soy, corn futures rally on bargain buying, geopolitical tensions
U.S. corn and soybean prices rose on Friday as heightened geopolitical tensions spurred a round of bargain buying after the benchmark contracts in both markets fell to their lowest levels in more than six weeks, traders said.
AAFC makes a few tweaks in Apr S&D report
Agriculture and Agri-Food Canada made a small amount of changes in its April supply and disposition report released on Apr. 19. Of the changes made, nearly all were slight adjustments to its pulse and special crop numbers.
Feed Grain Weekly: Prices in holding pattern for now
With farmers across Western Canada getting ready to plant their crops or they have already made a few rounds in the field, feed grain prices across the Prairies remained in a holding pattern, according to Jerry Klassen of Resilient Capital in Winnipeg, Man.
Prairie Wheat Weekly: Weaker loonie generates increases
There were small to modest gains in wheat prices on the Canadian Prairies for the week ended Apr. 18. Canadian Western Red Spring Wheat, Canada Prairie Red Spring Wheat, and Canadian Western Amber Durum made advances despite losses in the United States wheat complex.
Alberta municipalities, farmers agree to cut water use as drought persists
Municipalities and irrigation districts in Alberta have agreed to use less water this summer to combat a severe ongoing drought, the provincial government said on Friday.
China set for bumper harvests of grains and oilseeds, ministry says
China is set for another year of bumper harvest of grains and oilseeds, helped by expanded planting of winter wheat and rapeseed and healthy growth of seedlings, the country's agriculture ministry said on Friday.