Chicago | Reuters — U.S. soybean futures rebounded from near six-year lows on Thursday in a short-covering bounce and as weekly government data showed solid soybean and soymeal export sales last week. Corn edged higher, hovering close to last session’s one-week peak after field reports from an annual crop tour suggested the country’s output may […] Read more
U.S. grains: Soybeans bounce from six-year low
CBOT weekly outlook: Soy bearish, corn bullish ahead of tour results
CNS Canada — Chicago Board of Trade (CBOT) corn and soybean traders are eagerly awaiting the results of a multi-state crop tour, while concerns over Chinese demand are also overhanging the markets. The Pro Farmer Midwest Crop Tour’s full results are due to be released Friday. So far the tour has been bullish for corn, […] Read more
Watch what you spray — or the entire grain industry could pay
Grain buyers are testing pesticide residues like never before
Reading Time: 2 minutes When it comes to pesticide residues, the world is watching like never before. “Everybody is looking more at food safety and health safety — there’s more scrutiny all the time with all the chemicals that we’re using,” said Jim Smolik, assistant chief commissioner of the Canadian Grain Commission. He cited China as an example. The […] Read more
Scientists seek review of glyphosate, allege ‘flawed’ regulations
Reuters — U.S. regulators have relied on flawed and outdated research to allow expanded use of an herbicide linked to cancer, and new assessments should be urgently conducted, according to a column published in the New England Journal of Medicine on Wednesday. There are two key factors that necessitate regulatory action to protect human health, […] Read more
U.S. grains: Soybeans drop to near six-year low on rains
Chicago | Reuters –– U.S. soybean futures fell to multi-year lows on Wednesday in a broad-based commodities selloff and as widespread rains in the U.S. Midwest were expected to boost yields. Wheat hit lows for several contract months, pressured by sluggish demand and hefty global supplies, but ended above session lows. Corn, however, notched modest […] Read more
K+S says Legacy supply deal highlights independence
Frankfurt | Reuters –– Germany’s K+S signed a supply deal for potash fertilizer from its Legacy mine in Canada, saying the agreement strengthened its position as an independent supplier as it battles an unwanted takeover bid from Canada’s PotashCorp. The salt and fertilizer producer said it had agreed an exclusive deal to supply Koch Fertilizer […] Read more
U.S. grains: Soybeans drop on rainy U.S. Midwest outlook
Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Tuesday, pressured by concerns about cooling demand from top importer China and forecasts for rain in the U.S. Midwest at a key point in the crop’s development. Corn firmed as a weekly U.S. Department of Agriculture report showed a slight decline in the […] Read more
U.S. grains: Midwest’s weather weighs down corn, soybeans
Chicago | Reuters –– U.S. soybean futures were slightly higher on Monday as early support from government data on unplanted acres was largely offset by pressure from a rainy U.S. Midwest forecast that should bolster the crop at a key stage of development. Corn closed weak, anchored by favourable crop weather, while wheat shed more […] Read more
Severe ‘food shocks’ seen more likely due to extreme weather
London | Reuters — Extreme weather such as intense storms, droughts and heatwaves will cause more frequent and severe food shortages as the global climate and food supply systems change, British and U.S. experts warned Friday. The pressure on the world’s food supplies is so great, and the increase in extreme weather events so rapid, […] Read more
Cooler temperatures, precipitation in store for Prairies
CNS Canada — Alberta crops could be put at risk during the last week of September due to cooler weather, but for the most part, a U.S. meteorologist expects average to slightly above-average temperatures for the Prairies during harvest. Farmers will need to monitor temperatures during the last 10 days of September, as there will […] Read more
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