U.S. wheat futures climbed on Monday after the White House lifted restrictions that had blocked Ukraine from using U.S. missiles to strike deep within Russia, sparking concerns of an escalating war in the Black Sea breadbasket region.
U.S. grains: Wheat rallies as lifting of Ukraine missile restrictions sparks fears of war escalation
ADM posts drop in Q3 earnings in delayed report, revises segment core profit
Global grain trader Archer-Daniels-Midland posted a drop in third-quarter profit on Monday and said in its delayed filing that it has revised its calculation of total segment operating profit.
Agfinity shuttered, new brokerage facing online questions
Reading Time: 3 minutes Stuck with a bin of heated canola and few options for marketing the downgraded crop, Barry Kitt of Myrnam, Alta. was happy this past summer when a brokerage found him a decent price. A sale was made and the load shipped in early August, but Kitt was still waiting for payment in mid-November and the […] Read more
Pulse Weekly: Growing interest in pulse crops from Manitoba farmers
More Manitoba farmers are interested in adding soybeans and other pulse crops into their crop rotations for the 2025-26 crop year, said a production specialist from MPSG.
Agfinity shuttered, new brokerage facing online questions
Stony Plain, Alta. grain broker Agfinity laid off employees and started the process of declaring bankruptcy in mid-October, according to former employees. Three former employees are working at launching a new brokerage firm, Grain Gateway Canada, but have run into some strangeness online.
Gowriluk named vice president of International Grain Trade Coalition
Canadian Grains Council (CGC) president Erin Gowriluk has been named vice president of the International Grain Trade Coalition (IGTC).
U.S. grains: Soybeans rise on China’s export incentives change, short covering
Chicago Board of Trade soy futures rallied on Friday after China said it would cut its export incentives for used cooking oil, a move that could curtail the flood of imports into the U.S., market analysts said.
U.S. grains: Chicago soybeans fall on worries over domestic demand
Chicago Board of Trade soybean and corn futures fell for a fourth straight day, as traders worried that biofuel policy changes under the incoming U.S. presidential administration of Republican Donald Trump would chill domestic demand.
ADM says top compliance officer is leaving the company
Archer-Daniels-Midland Co's chief compliance officer, Ben Bard, is leaving the company early next year for personal reasons, the company said on Wednesday. The news comes one day after the global grain trader, which has been embroiled in controversy over its accounting practices, sought an extension from the U.S. Securities and Exchange Commission to file its third quarter financial report because it could not meet the deadline.
U.S. grains: Chicago wheat plunges on strong dollar, corn and soybeans also ease
Chicago Board of Trade wheat futures fell sharply on Wednesday, dropping to lows not seen since August, as the U.S. dollar surged after data showing U.S. inflation for October increased in line with expectations, which could result in fewer interest rate cuts.
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