Early planting estimates from Agriculture and Agri-Food Canada called for only minor adjustments to most major crops grown in the country in 2024, with reductions in wheat, canola and barley acres, and increases in oats and pulses.
Only minor acreage shifts expected for most Canadian crops in 2024
Major pulse crop acres expected to rise; canola, wheat expected to dip slightly
U.S. grains: Soybeans rise in technical rebound; corn ends firm, wheat flat
Gains limited by sizable South American crops; doubts over Chinese demand hangs over market
U.S. soybean futures Sv1 rose for a second straight session on Tuesday on technical buying and short covering after notching multi-year lows last week, although lacklustre demand and improved crop weather in top exporter Brazil limited gains.
Accounting probe hits ADM as crop glut, lower margins point to tough 2024
ADM shares fell 24 per cent Monday as news of accounting issues broke
An investigation into accounting practices in Archer-Daniels-Midland's ADM.N Nutrition segment could not come at a worse time for the company as sinking crop prices look set to erode profit for its core grain trading and processing businesses this year.
U.S. grains: Soybeans rise, led by soyoil and crude oil; wheat up, corn choppy
Crude oil futures rose almost 2 per cent on supply disruptions, supporting soy
U.S. soybean futures climbed on Monday as soyoil futures jumped 2.7 per cent on short-covering and strength in crude oil, traders said.
Early signs point to increased crop production in 2024/25: AAFC
Rotation, moisture, expected prices, costs among main factors expected in seeding decisions
A return to trend yields should see an increase in production for most of the major crops grown in Canada in the upcoming 2024/25 (Aug/Jul) marketing year, according to the first outlook for the season from Agriculture and Agri-Food Canada released Jan. 22.
Record large short position grows in canola
CBOT net short position on soybeans more than doubled
The record large net short position in ICE Futures canola continued to rise in mid-January, as fund traders put on more bearish bets and liquidated long positions, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
U.S. grains: Corn futures decline for sixth week in a row
Short-covering, positioning and U.S. export demand advance corn and wheat Friday
U.S. corn futures lost ground for the sixth consecutive week and soybean futures declined the fifth week in a row after expectations for plentiful supplies pushed the markets to multi-year lows on Thursday.
U.S. grains: Soy, corn futures end higher after setting multi-year lows
Beneficial rains have eased concerns about crop damage in Brazil from drought
Chicago Board of Trade soybean futures dropped to their lowest level in more than two years on Thursday and corn futures set a three-year low before the markets turned higher on short covering and technical buying, analysts said.
China’s embrace of GMO crops gains momentum with new import, planting approvals
GMO corn, soybeans, cotton recently approved for domestic production in China
China on Thursday approved additional varieties of genetically modified soybeans and corn for import and production while expanding their planting areas nationwide, as part of a drive to improve food security and reduce imports.
U.S. grains: Soy futures drop near two-year low, corn sets three-year low
Wheat ended nearly unchanged after touching seven-week low on Tuesday
Chicago Board of Trade soybean futures tumbled near a two-year low on Wednesday as Brazilian crops benefited from improved weather and challenged U.S. exports on the global market, analysts said.
Cyber-Savvy Farmer
