CNS Canada — Chicago Board of Trade corn and soybean markets drifted lower during the week ended Wednesday and are expected to remain under pressure in coming weeks. The softness in both markets is likely because of large domestic and global supplies for corn and soybeans, said Ken Ball of PI Financial in Winnipeg. “Buyers […] Read more
CBOT weekly outlook: Corn, soy under pressure amid abundant supplies
Canada to check India’s feed corn for aflatoxin
All feed corn coming to Canada from India is now going to be held and tested for aflatoxin, as high levels of the toxins have recently turned up in organic corn from the country. Importers of corn — organic or otherwise — from India, starting immediately, first must sample the corn, upon arrival in Canada […] Read more
CBOT weekly outlook: Soy, corn grind lower, watching weather
CNS Canada –– Great spring seeding conditions across much of the U.S. Midwest have weighed on soybean and corn futures at the Chicago Board of Trade — and the nearby bias remains pointed lower, barring a weather scare, according to an analyst. “The good growing conditions will keep (soybeans and corn) grinding lower,” said Terry […] Read more
CBOT weekly outlook: Corn, soybeans trending sideways to lower
CNS Canada –– Chicago Board of Trade corn and soybean futures moved sharply lower during the week ended Wednesday, and are expected to trend sideways to weaker for the rest of the month. Traders are going to focus on spring weather and seeding conditions until more acreage and yield estimates for the 2015-16 crops are […] Read more
Ontario won’t widen comment window on neonics: GFO
The public comment period on Ontario’s planned regulations for neonicotinoid seed treatments will close Thursday as scheduled, despite requests from the province’s grain grower group for an extension. The province has “refused” to extend the public comment period on the use of the insecticide group in seed treatments, Grain Farmers of Ontario said in a […] Read more
CBOT weekly outlook: Soybean/corn ratio too wide, expected to narrow
CNS Canada — The widening spread between corn and soybean futures at the Chicago Board of Trade (CBOT) should be supportive for corn but a bearish factor in soybeans, as the two crops have moved in opposite directions over the past week, according to an analyst. Soybeans moved to their highest levels in a month […] Read more
Ont. co-op swaps corn supply line for ethanol plant
Corrected, April 30, 2015 — Farmer co-operative IGPC plans to switch to Thompsons from Cargill as the main corn supplier for its southwestern Ontario ethanol processing plant, starting this fall. Thompsons Ltd. will start buying corn immediately for deliveries from Oct. 1 onward to the Aylmer, Ont. ethanol plant, IGPC (Integrated Grain Processors Co-operative) said in a […] Read more
Brazil farm belt roads blocked in new trucker strike
Sao Paulo | Reuters — Truckers in Brazil resumed roadblocks across the country’s main farm belt early on Thursday, after failing to reach common ground in talks with the government and freight companies in recent weeks regarding pay and fuel prices. Highway police on Thursday evening estimated that protesters had blocked roads at 17 points […] Read more
Daily price limits revised for CBOT grains futures
Chicago | Reuters — Daily price limits for Chicago Board of Trade (CBOT) corn and wheat futures will rise starting in May, while soybean limits will not change following a semi-annual review, CBOT parent CME Group said Thursday. Under exchange rules, the CBOT resets daily limits for grains and oilseeds in May and November of […] Read more
U.S. regulators may recommend testing food for glyphosate residues
Reuters — U.S. regulators may start testing food products for residues of the world’s most widely used herbicide, the Environmental Protection Agency told Reuters on Friday, as public concern rises over possible links to disease. Glyphosate, the active ingredient in Roundup herbicide, has come under intense scrutiny since a research unit of the World Health […] Read more
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