Commodity News Service Canada – Brazil could be on pace to export as much as 31 million to 34 million tonnes of corn by the end of the 2015/16 marketing year, according to Pedro Dejneka, the executive director of AgResource’s Latin America division, speaking at the Cereals North America conference in Winnipeg on November 3. […] Read more
Large Brazilian corn exports to continue
Feed Grains: IGC raises world grain production estimate
By Commodity News Service Canada Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Thursday, October 29. – CBOT corn futures were higher on Thursday, with the December contract up four cents, at US$3.8000 per bushel, as solid weekly export demand provided some support. – The International Grains Council […] Read more
Monsanto clears USDA regulatory hurdle for new GM corn
Chicago | Reuters — The U.S. Department of Agriculture on Friday signed off on a new genetically modified type of corn developed by Monsanto after a review concluded it posed no significant threat to agricultural crops, other plants or the environment. USDA’s Animal and Plant Health Inspection Service (APHIS) announced it would deregulate Monsanto’s MON […] Read more
Court rejects Ont. growers’ bid for stay on neonic regs
The association for Ontario corn and soybean growers is “evaluating several options” after its request for a stay of the province’s new limits on neonicotinoid seed treatments was rejected. The Ontario Superior Court denied the request from Grain Farmers of Ontario (GFO) for a stay and interpretation on the neonic regulations, which became law in […] Read more
Pearce: Winter wheat’s challenges go beyond just the seeding
For the past five growing seasons, winter wheat has taken it on the chin in terms of its status as one of the Big Three crops in Eastern Canada. Compared to soybeans, which have seen a steady climb to the three million-acre mark in those five seasons, wheat has suffered from poor seeding conditions with […] Read more
Man. corn harvest progresses rapidly despite moisture issues
CNS Canada — Manitoba’s corn harvest is nearly finished and may be bringing farmers above-average yields, according to a provincial crop specialist — though some producers have had to make tough decisions when it comes to drydown. The province’s latest crop report for the week ended Oct. 13 pegged grain corn’s harvest progress at 45 […] Read more
CBOT weekly outlook: Corn, soybean prices expected to rise
CNS Canada –– The ongoing U.S. harvest has pressured CBOT corn and soybeans in recent sessions, but support for the commodities will ramp up long-term, moving prices higher, according to a U.S. analyst. “I think you’re going to see demand improve and you’re going to see weather problems in South America emerge,” said Sean Lusk, […] Read more
ADM increases stake in Wilmar
Chicago | Reuters — U.S. grains trader Archer Daniels Midland has increased its stake in Wilmar International of Singapore, in its latest bid to expand in Asia. ADM’s purchases represented about 22 per cent of Wilmar shares traded on Singapore’s exchange on Tuesday, Wilmar said in a regulatory filing. Wilmar shares reached their highest price […] Read more
Feed: Frost pressures Australian barley
CNS Canada –– Following are a few highlights in the Canadian and world feed grains markets on Tuesday, Oct. 20. • The Grains Industry of Western Australia is predicting the area will harvest a 3.19 million-tonne barley crop in 2015-16. However, some recent frosts are casting questions on whether that mark will be reached. • […] Read more
Feed: El Nino pressures barley crop down under
CNS Canada — Following are a few highlights in the Canadian and world feed grains markets on Monday, Oct. 19. • CBOT corn futures were down by two to three cents per bushel at midday Monday, as harvest pressure in the U.S. and improving corn conditions in the Black Sea region weighed on prices. • […] Read more
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