CNS Canada –– Livestock producers in Western Canada will likely have to import feed grains such as corn and dried distillers grains with solubles (DDGS) this year, as drought is seen trimming domestic barley and other feed production. “We’ve seen droughts before, and when it’s happened, usually what has to happen is we import other […] Read more
U.S. corn, DDGS imports likely as drought tightens feed supply
CBOT weekly outlook: Soy, corn futures seen hinging on USDA data
CNS Canada — CBOT (Chicago Board of Trade) soybean futures posted solid gains over the past week, but backed away Wednesday, which could be a sign of further losses to come as market participants await direction from the U.S. Department of Agriculture’s acreage report on Tuesday. John Weyer, co-director of the commercial hedge division at […] Read more
Ont. books drop in bee death ‘incidents’ at planting
Early data from federal pesticide regulators appear to suggest Ontario’s bee yards are moving past a spell of unusually high death losses seen around the 2012 and 2013 planting seasons. Combining the numbers of acute honey bee mortality “incidents” by bee yard in Ontario in the 2015 pre-planting and planting periods, up to June 11, Health Canada’s […] Read more
CBOT weekly outlook: Weather issues dominate corn, soy in short term
CNS Canada –– Excess moisture across broad swaths of the the U.S. Midwest and southern Plains has dampened the outlook for U.S. corn and soybean crops in the near future. Both crops finished higher on the Chicago Board of Trade (CBOT) to cap off the week ended Wednesday; however, the current outlook is dim, according […] Read more
U.S. FDA to cut trans fats from foods
Washington/New York | Reuters –– The U.S. Food and Drug Administration on Tuesday made good on its proposal to effectively ban artificial trans fats from a wide range of foods, from microwave popcorn to frozen pizza, saying they raise the risk of heart disease. Under new FDA regulations, partially hydrogenated oils, which have been shown […] Read more
Brazil’s grain ports seen facing record volumes
Sao Paulo | Reuters — Brazil’s grain ports will endeavour to move the last of a record soybean crop just as a huge corn harvest starts competing for terminal space, testing the country’s export capacity, an analyst at local consultancy Agroconsult said. Brazil is exporting much of a record 96 million-tonne soybean crop and, starting […] Read more
Some timetables loosen as Ont. neonic limits become law
Ontario’s corn and soybean growers and seed dealers will have slightly more time to manage some of their new duties as the province’s limits on neonicotinoid pesticides become legally binding. Ontario’s environment ministry on Tuesday announced its new provincial regulations — with a handful of changes from the draft legislation first published in March — […] Read more
Manitoba corn crops likely unscathed
CNS Canada — Manitoba’s corn crop was nearly fully seeded ahead of crop insurance deadlines in late May, but frost events in Manitoba during the same time frame didn’t likely cause any damage. Parts of southwestern Manitoba saw a significant frost event on May 29 and 30, which killed off many canola crops and sparked […] Read more
CBOT weekly outlook: Soybeans to break below US$9 before summer half over
CNS Canada –– The Chicago Board of Trade (CBOT) soybean market showed some short-covering-related firmness during the week ended Wednesday, but the bias is still pointed lower for the oilseed. “We could actually see the beans trade down to the low $9, then to an $8 handle. Maybe $8.90 would be my initial target for […] Read more
Pearce: GFO goes informative rather than inflammatory
It’s not that farmers in Ontario aren’t frustrated and angry concerning legislation aimed at curbing the use of neonicotinoid seed treatments. They are. However, during a protest Friday in front of Ontario Deputy Premier Deb Matthews’ riding office in London, executives with the Grain Farmers of Ontario and roughly 35 farmers took a more proactive […] Read more