Reading Time: < 1 minute washington/reuters The United States will change its export credit guarantee program and create an assistance fund to try to end a long-standing trade dispute over cotton with Brazil, the U. S. government said April 6.The last-minute agreement comes as Brazil was set to apply tariffs and lift patent protections on U. S. goods worth $829 […] Read more
U. S. -Brazil Call A Truce On Cotton War
USDA Acreage Reports Set Bearish Tone
Reading Time: 3 minutes The one bright spot in U. S. futures markets was in new-crop soybeans, which did manage to hold onto gains. That strength was attributed to the unwinding of old crop/new crop spreads. ICE Futures Canada canola contracts saw some choppy activity during the Eastershortened week ended April 1. Dryness concerns in Alberta and Saskatchewan, together […] Read more
Turkish Wheat And Barley Crops Recover
Reading Time: < 1 minute Turkey’s state grain board does not expect to import wheat or barley this year, but will export half a million tonnes before the start of the next harvest season in June. The board has already exported 2.3 million tonnes of grain in the current season. Turkey, which generally self-sufficient in food and a major cereal […] Read more
U. S. Spring Supports Futures For Now
Reading Time: 3 minutes ICE Futures Canada’s canola futures bounced around during the week ended March 19, setting fresh contract lows in the nearby months before eventually recovering to post modest advances in the most actively traded nearby contracts. However, the new-crop months remained down on the week, with expectations for increased acres this spring behind some of the […] Read more
Canada Sees Ratifying Colombia Trade Deal
Reading Time: < 1 minute The Canadian government hopes to have Parliament ratify its free trade agreement with Colombia shortly after it resumes sitting on March 3, Agriculture Minister Gerry Ritz said Jan. 21. The two countries negotiated the trade deal last spring, but it did not pass through Canada’s Parliament before the Conservative government suspended it last month until […] Read more
Wheat Likely To See Some Strength Long-Term
Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca Grain and oilseed prices at ICE Futures Canada in Winnipeg closed the week ended Jan. 22 mixed, with canola higher and western barley lower. Canola was supported by steady demand, as exports continue to equal last year’s even without Chinese demand. There has been some […] Read more
USDA Corn And Soybean Reports Shake The Markets
Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca Grain and oilseed prices at the ICE Canada futures market dropped sharply lower since my last column as declines in the U.S. soy market and the firming Canadian dollar undermined values. Canola was pressured down by slower demand, increased farmer selling and bearish technical signals […] Read more
U.S. Dollar Index Carves Out A Bottom, Readies To Rally Further
Reading Time: 3 minutes The U.S. dollar index shows signs of bottoming and it’s only a matter of time before it strengthens further. Prices could occasionally have a correction back down to alleviate overbought conditions, but I wouldn’t expect the weakness to last. A two-week reversal, occurring at the recent low in early December, was one indication the U.S. […] Read more
Canola Market Should Go Down, But Doesn’t
Reading Time: 4 minutes For Don Bousquet’s three times daily market reports, visit www.albertafarmexpress.ca (DEC. 21) Grain and oilseed prices at the ICE Canada futures market have dropped since my last column with the canola market pressured by the losses in the U.S. soyoil market and sluggish demand as we entered the Christmas period. Giving some support was slow […] Read more
Dry Start For Australian Crop
Reading Time: < 1 minute Australia is at risk of lower summer sorghum, sugar and cotton crops this year due to an unseasonally dry first quarter, according to a forecast by the Australian Bureau of Meteorology. The bureau’s latest quarterly forecast shows a moderate shift in the odds favouring a drier-than-normal season through much of Queensland, the northeast half of […] Read more
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