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.
China set for bumper harvests of grains and oilseeds, ministry says
USDA, Conab widely differ on Brazil soybeans
There’s a rather wide difference between the United States Department of Agriculture and its Brazil counterpart, Companhia Nacional de Abastecimento (Conab) when it comes to Brazil soybeans.
U.S. grains: Soybeans fall on South American supply, dry weather supports wheat
U.S. soybean and corn futures closed lower on Thursday after touching six-week lows, with both markets facing pressure from hefty South American supplies, traders said.
Rail strike looms as CN, CPKC workers take action to a vote
Any labour disruption could be weeks away, but the grain sector is still wary
Members of the Teamsters Canada Rail Conference (TCRC) are in the middle of a strike vote. The vote comes after three collective agreements, covering CN and CPKC engineers and conductors as well as rail traffic controllers at CPCK, expired December 31.
Federal budget draws mixed reaction from Canadian ag groups
Livestock tax deferral, capital gains exemption praised; overall lack of investment in agriculture noted
The 2024 federal budget, released Tuesday afternoon has drawn mixed reactions from ag groups across Canada. While some have praised aspects of the plan, others have condemned the lack of attention paid to agriculture and farmers.
U.S. grains: Soybeans edge higher as Brazilian market firms
U.S. soybean futures rose on Wednesday, bouncing on a round of bargain buying after the most-active July contract SN24 hit a six-week low, buoyed in part by firming Brazilian soy markets, analysts said.
U.S. grains: Soybeans ease under pressure from firm dollar
Chicago Board of Trade soybean futures extended their fall on Tuesday as a strong dollar weighed down the market, analysts said.
U.S. grains: Markets react calmly to Iran drone attack on Israel
Grain, soy futures end lower; USDA winter wheat ratings decline
CBOT soy, corn and wheat futures closed lower on Monday, anchored by ample grain supplies, slow export demand and a decline in crude oil futures after concerns eased about Iran's weekend drone attack on Israel, analysts said.
U.S. grains: Soybean futures rally, defying bearish USDA report
Chicago Board of Trade grain and soybean futures rallied on Friday on money flow from managed funds, rising demand and weather concerns, analysts said.
Food and beverage sales to fall in 2024; processor margins to improve
Stabilizing or declining input prices working their way through the supply chain, FCC says
Farm Credit Canada is predicting Canadian food and beverage sales will fall slightly this year as consumers manage tight budgets. Gross margins, however, should increase as the effects of falling commodity prices work their way through the supply chain, the farm lender said in an April 9 news release.