CNS Canada –– ICE Futures Canada canola contracts held rangebound during the week ended Wednesday, with small losses in the front months and gains in the more deferred positions. While activity remains somewhat subdued for the time being, any future moves will be highly dependent on weather conditions heading into the growing season. “The markets […] Read more
ICE weekly outlook: Canola watching weather
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
U.S. grains: Soy, wheat, corn post light gains in technical trade
Chicago | Reuters — U.S. soybean futures rose slightly on short-covering on Wednesday after falling nearly two per cent a day earlier when a U.S. Agriculture Department report projected domestic soy stocks would rise to a nine-year high. Wheat and corn futures also edged higher on largely technical buying with ample global grain supplies limiting […] Read more
Canola program stacks genes against new clubroot
Rather than send out a canola variety with a single source of resistance against clubroot — especially the disease’s most recent pathotype — Agrium’s CPS division has stacked several sources into the new hybrids it’s sending for testing this summer. Crop Production Services on Monday announced its “next generation” of Argentine canola hybrids shows “high […] Read more
WHO findings on glyphosate won’t speed up EU safety review
Brussels | Reuters –– EU regulators will not accelerate a decision on whether to restrict use of the world’s most widely used herbicide, even though it has been linked to cancer by the World Health Organization (WHO), officials said on Tuesday. The International Agency for Research on Cancer (IARC), part of the WHO, said in […] Read more
El Nino has emerged, Asia braces for crop damage
Singapore | Reuters –– In 2009, the El Nino brought the worst drought in four decades to India. It razed wheat fields in Australia and damaged crops across Asia. Food prices surged. A closely watched forecast by Japan on Tuesday confirmed its return this year. A strong El Nino will roil economies that are heavily […] Read more
Prairie farmers set fastest planting pace in a decade
Winnipeg | Reuters — Western Canada’s farmers are sowing crops at the speediest pace in about 10 years, which bodes well for an early, large harvest this autumn. More than half of the region’s farmland is planted, compared with the usual pace of one-quarter, due to dry conditions, said Bruce Burnett, weather and crop specialist […] Read more
Twitter campaign to raise donations for Ag in the Classroom
Syngenta has launched a Twitter campaign to promote modern farming practices
Reading Time: < 1 minute Syngenta will donate $1 to Ag in the Classroom groups across the Prairies for every Twitter follower picked up by its #FollowtheSeed campaign. The tweets will be coming from Cam Canola (@CamCanola) or Sam Soybean (@SamSoybean) as they progress through the growing season to Oct. 31. The donations to Ag in the Classroom are capped […] Read more
Flood simulation model promises a big payback
Insurers won’t issue flood insurance until they have a better way to calculate risks — and the flood simulation model does that
Reading Time: 3 minutes Agriculture is leading the charge into research which could ultimately mean flood insurance being available for all Albertans. As the massive flooding of 2013 highlighted, there is no insurance for such disasters. In fact, Canada is the only one of the G-8 nations without such coverage. ‘Why not?’ is the question that always arises when […] Read more
U.S. grains: Soybeans slide as USDA forecasts ballooning stocks
Chicago | Reuters –– Chicago Board of Trade soybean futures fell nearly two per cent on Tuesday after the U.S. Department of Agriculture projected domestic stocks would rise to 500 million bushels by the end of the 2015-16 marketing year, a nine-year high if realized. Corn ended almost unchanged after sliding to its lowest level […] Read more
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