Buyers for China and others scooping up as much canola as they can, fueling hike in Intercontinetal Exchange canola futures.
ICE Weekly: Production uncertainty, forthcoming Chinese action fueling canola’s upswing
January contracts climbs $36/tonne
Feed Grain Weekly: Less activity before corn deliveries
Despite a lack of activity in the feed grain markets, prices for feed barley and feed grain are trending lower, according to a grain broker from Edmonton.
U.S. Grains: Soybeans ease on South American rain outlook; grain higher
Soybean futures eased on Monday on forecasts for rain in dry areas of top exporter Brazil and Argentina and on rising United States supplies as clear Midwest weather boosted harvesting.
U.S. port strike ends leaving cargo backlog
Tentative deal includes 62 per cent wage hike over six years
U.S. East Coast and Gulf Coast ports began reopening late on Thursday after dockworkers and port operators reached a wage deal to settle the industry's biggest work stoppage in nearly half a century, but clearing the cargo backlog will take time.
China to grow more corn in 2024/25
Corn production in China is expected to increase to 293 million tonnes in 2024/25, said a report from the United States Department of Agriculture attache in Beijing, with improved yields overriding a slight reduction in harvested area.
Canada’s trade rep takes another blow with Port of Vancouver strike: grain industry
Port grain terminal strike could give Canada a bad name so soon after rail labour dispute
Reading Time: 6 minutes Canada’s reputation in international grain markets took another hit when the most recent labour dispute shut down six grain terminals in Vancouver, industry says. “Every two years, roughly, we end up with some form of labour issue and this year it’s like a double whammy,” said Mark Hemmes, president of Quorum Corporation, the company that […] Read more
Port workers to strike in Montreal
Workers at two Montreal port facilities are set to hold a three-day strike starting Sept. 30.
Canadian purchases of U.S. corn off to slow start
Canadian purchases of corn from the United States are off to a slow start in the 2024-25 marketing year, with ample old crop barley supplies likely limiting demand.
China gets huffy; time for canola to build markets elsewhere
China’s anti-dumping probe against Canadian canola underlines need to double down on market development
Reading Time: 3 minutes China;s anti-dumping probe against Canadian canola has sent the sector spinning, but it underlines the need to double down on market development.
Wheat woes may wind up
There are a few things that could enable a bit of a bounce back for the crop
Reading Time: 2 minutes There are a few things that could enable a bit of a bounce back for spring wheat prices.
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