New York | Reuters — The U.S. Environmental Protection Agency wants energy companies to blend 18.1 billion gallons (68.5 billion litres) of biofuels into the nation’s fuel supply next year, more than in a proposal laid out in May, it said in announcing final rules on renewables use for 2014-16 on Monday. The EPA’s long-awaited […] Read more
U.S. EPA finalizes 2016 renewables target at 18.1B gallons
No fallout seen for Enlist Duo in Canada from U.S. action
The company behind Enlist corn and soybeans and Enlist Duo herbicide expects business as usual for the products in Canada, while the herbicide runs up against a new regulatory hurdle in the U.S. According to the Reuters news service, the U.S. federal Environmental Protection Agency (EPA) filed a request late Tuesday with the U.S. Court […] Read more
CBOT weekly outlook: Corn, soy seek direction
CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, but both commodities remain rangebound overall and looking for an outside spark to push values significantly one way or the other. January soybeans moved above their 20-day moving average on Wednesday, which triggered some additional […] Read more
CBOT weekly outlook: Soybeans likely headed down, corn sideways
CNS Canada –– Corn and soybean futures at the Chicago Board of Trade plunged on Tuesday as fresh estimates hit the market. Near-term, soybeans aren’t expected to improve much, one U.S. analyst said, though a lack of farmer selling could bring some upside to corn. The U.S. Department of Agriculture (USDA) on Tuesday released its […] Read more
Brazil soy planting lags historical average despite rain
Sao Paulo / Reuters – Soybean planting in Brazil remained behind the historical average even after isolated rainfall in the center-west, analyst firm AgRural said on Friday, with 31 per cent of area planted compared to the 42 per cent five-year average. A year earlier at this time 29 per cent of the previous crop […] 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
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