Crops
Vietnam is expected to resume nearer-to-normal grain trade with exporting nations such as Canada, after it loosens a significant restriction on weed seed content. Cereals Canada, a national cereals industry group, on Friday reported that Vietnam’s agriculture ministry has released a revised quarantine pest list due to take effect Sept. 29. The new list, Cereals […] Read more
Vietnam to call off thistle seed ban in grain imports
Move will restore regular grain trade, Cereals Canada says
Canada says will join as third party in U.S.-Mexico corn dispute
Mexico's measures 'not scientifically supported,' ministers say
Reuters — Canada said Friday it will participate as a third party in dispute settlement proceedings between the U.S. and Mexico regarding genetically modified (GM) corn in imported tortillas and dough, citing concerns about Mexico’s stance on the matter. The decision follows Washington’s request for a dispute settlement panel through the Canada-U.S.-Mexico Agreement (CUSMA), which […] Read more
U.S. grains: Soybeans climb on weather risk, export demand
Pro Farmer tour predicts corn, soy crops below USDA estimate
Chicago | Reuters — Chicago soybeans climbed on Friday, bolstered by extreme heat and mixed results on the final day of a Midwest crop tour. Corn traded much of the day mixed, ending just under even as crop production remains robust, despite recent yield-eroding weather. Wheat fell as global supplies remain plentiful, though signs of […] Read more
Ukraine asks Lebanon to bar Syrian ship carrying ‘stolen’ corn
Corn taken from multiple storage units, Ukraine alleges
Beirut | Reuters — Ukrainian officials on Thursday asked Lebanon to bar a Syrian state-owned cargo ship carrying allegedly stolen Ukrainian grain from docking in Lebanon’s Tripoli port, according to the Ukrainian embassy and a diplomatic note seen by Reuters. The Ukrainian mission said in comments to Reuters that the Finikia was transporting 6,000 metric […] Read more
Feed weekly outlook: Barley, wheat prices now steady
U.S. corn imports keep lid on barley values
MarketsFarm — Prices for feed barley and wheat didn’t change much for the most part during the week ended Thursday, according to Erin Harakal of Agfinity at Stony Plain, Alta. “This week it has been pretty steady compared to the end of last week,” Harakal said, noting barley prices dropped about $20 per tonne. “Just […] Read more
Increases seen in most July grain deliveries
Oats deliveries more than double, canola near double
MarketsFarm — Most July deliveries of major grains in the country were higher than those from the same period a year ago, Statistics Canada reported Thursday. Total grain deliveries this past month tallied 4.056 million tonnes for a jump of 43.8 per cent over the previous July. All wheat came in at 2.186 million tonnes, […] Read more
July canola crush sets new records
Soybean crush down slightly from last July
MarketsFarm — Statistics Canada reported very sizeable increases in the July canola crush when compared to a year ago. In fact, the month’s crush was not only a record for July but also for any month. Meanwhile, StatCan found the July soybean crush was slightly lower than in July 2022. The federal agency pegged the […] Read more
U.S. grains: Soybeans up as heat risk in focus
Weak demand erodes corn, wheat
Chicago | Reuters — Chicago soybean futures firmed for a second straight session on Thursday, supported by strong exports and supply uncertainty as hot, dry weather cast uncertainty over U.S. prospects. Corn inched down as the market assessed results from this week’s Pro Farmer crop tour. Wheat eased as traders weighed strong global supplies against […] Read more
ICE weekly outlook: Canola following soyoil’s lead
Stat Can's principal field crop estimates will be released on Aug. 29, may affect prices
MarketsFarm – The November canola contract rose above the C$800 per tonne mark for the first time in nearly a month during the week ended Aug. 23. However, it wasn’t without some turbulence over the last two days of trading. On Aug. 22, the November contract lost C$13.40 per tonne to close at $796.00, before […] Read more
U.S. grains: soybeans end higher amid extreme heat, crop tour findings
Wheat ticked higher as traders assessed the latest Russian attack on a Ukrainian grain port
Chicago | Reuters – Chicago soybean and corn futures firmed on Wednesday, supported by hot, dry conditions that compound signs of stress found in initial results of a widely followed U.S. Midwest field tour. Wheat also ticked higher as traders assessed the latest Russian attack on a Ukrainian grain port and monitored North American spring […] Read more