Russia's proposal for a new international grain exchange could take years to get off the ground even though the plan was welcomed by members of the BRICS group of countries at a summit this week in Kazan in Russia.
Russia’s proposed grain exchange for BRICS countries may take years to launch
U.S. grains: Soybean futures jump as some polls show Harris with US election lead
Chicago soybean futures edged higher on Wednesday as U.S. Vice President Kamala Harris' lead over Republican challenger Donald Trump in some election polls calmed concerns that a trade war with China could heat up, according to analysts.
BRICS leaders tout grain exchange, joint finance at Russian summit
Leaders of the nations in the BRICS grouping, which accounts for 37 per cent of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects ranging from a grain exchange to a cross-border payments system.
U.S. grains: Soybean, corn futures rise on increased export demand
Chicago soybean and corn futures turned higher on Tuesday as a flurry of export sales helped stem market pressure from a fast-moving U.S. harvest and improved planting weather in South America, analysts said.
Larger stocks limiting price outlook for lentils/peas
An expected increase in Canadian lentil and pea exports in 2024/25 is unlikely to result in higher prices, as increased production should cause the stocks-to-use ratios to widen.
Ukraine foreign minister calls for support to stop Russian strikes on its Black Sea ports
Ukrainian Foreign Minister Andrii Sybiha said on Monday he and Turkish President Tayyip Erdogan had discussed safe navigation for shipping in the Black Sea.
AAFC lowers canola ending stocks estimate
Canadian canola ending stocks for the 2024-25 marketing year are forecast to be tighter than earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Oct. 21.
U.S. grains: Corn, soy futures up on flurry of export sales
Chicago corn and soybean futures rose on Monday as low prices spurred a flurry of international demand for U.S. grains and soy, analysts said.
Producers to be paid out 75 per cent on claims against Global Food and Ingredients
Producers who weren't paid for deliveries to Global Food and Ingredients Inc. (GFI) will be paid 75 cents on the dollar for their claims the Canadian Grain Commission (CGC) said today.
Indian buyers expect no disruption in Canadian lentil, potash supplies
Indian buyers do not expect supplies of Canadian lentils and potash to be affected by the diplomatic row between New Delhi and Ottawa, trade, industry and government officials said.
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