More ships carrying grain were diverted from the Suez Canal to routes around the Cape of Good Hope this week as attacks on shipping in the Red Sea continued, analysts said on Friday.
More grain ships divert from Red Sea as attacks continue
Millions of tons of grain cargo have avoided the area since December, analysts say
U.S. grains: Soybeans slide on disappointing US export data; corn also down
Demand for U.S. soy hampered by strong competition from Brazil, China's economic woes
U.S. soybean futures fell about 1.5 per cent on Thursday on disappointing weekly U.S. export sales data coupled with strong competition from Brazil, where the soy harvest is expanding, traders said.
CBOT weekly outlook: Downturn continues for grains
Early harvest reports from South America could affect prices
March grain futures at the Chicago Board of Trade (CBOT) were in decline during the week ended Jan. 31 despite receiving a boost on Jan. 30.
St. Lawrence Seaway sees increased tonnage in 2023
The seaway saw the longest scheduled shipping season in history
Cargo movement through the St. Lawrence Seaway was up by more than 3.4 per cent in 2023 compared to the previous year, with nearly 38 million tonnes of cargo moved through the binational system, according to a joint report from the Canadian St. Lawrence Seaway Management Corporation (SLMC) and the United States Great Lakes St. Lawrence Development Corporation (GLS).
India looking at large lentil crop, but pulses down overall
Delayed onset of northeast monsoon slowed harvests, shortened planting window
India may be looking at a record large red lentil crop in 2023/24, although poor monsoon rains are expected to cut into total pulse area and production, according to reports out of the country.
Motion to squash Bill C-234 amendments put to MPs
Pass the bill as-is now, or risk passing nothing at all says Bloc
Bill C-234, which would amend the Greenhouse Gas Pollution Price Act, was once again the subject of debate as Parliament resumed today. Conservative MP Ben Lobb tabled a motion to essentially reject the Senate’s amendments to the bill.
U.S. grains: Soy hits 2-yr lows on South American crop prospects, demand worries
Chinese demand less certain as real estate crisis deepens there
U.S. soybean futures fell to two-year lows below $12 a bushel on Monday, pressured by improving prospects for large South American harvests and worries about demand as top global soy buyer China struggles with a real estate crisis, analysts said.
Grain quality reports available
Reading Time: < 1 minute The Canadian Grain Commission full quality reports for CWRS, CWAD and CPSR wheats are now available and in a new format. These reports now feature new quality summaries, more visual charts and graphs and additional resources. The quality of the CWRS crop was excellent, with more than 97 per cent of the crop being in […] Read more
USDA attaché reports from Canada, other countries
Drought, grasshoppers among concerns cited for Canadian Prairies
The Global Agricultural Information Network of the United States Department of Agriculture issued a series of reports during the week ended Jan. 26. Of those, some of them could have an affect on the North American markets.
Angry French farmers block highways in bid to step up pressure on government
Belgian farmers also protesting in Brussels
Long lines of tractors blocked highways near Paris and across France on Monday, as angry farmers sought to put pressure on the government to do more to help them weather inflation, compete with cheap imports and make a living.
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