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Most oilseed estimates down in USDA’s October outlook

By Glen Hallick - MarketsFarm 9 hours ago

MarketsFarm — The U.S. Department of Agriculture (USDA) released its monthly oil crops outlook on Tuesday featuring reductions in global rapeseed and sunflower production and U.S. soybeans. USDA estimated global rapeseed production at 68.6 million tonnes, a decline of one million, with the lion’s share of the losses in Canada. Canadian production for 2019-20 was […] Read more

Crops, Reuters

Crown pension fund bids for Australian ag firm Webster

By Reuters October 3, 2019

Reuters — Australian agribusiness company Webster Ltd. said on Thursday it has signed a deal for a A$854 million (C$763.65 million) takeover by shareholder PSP Investments, one of Canada’s biggest pension funds. The walnut, cotton and livestock producer said the A$2 per share offer — a 57.5 per cent premium to Wednesday’s ordinary shares closing […] Read more

Crops, Markets, Reuters

U.S. grains: Corn, soybean futures ease

By P.j. Huffstutter September 27, 2019

Chicago | Reuters –– Chicago Board of Trade (CBOT) corn and soybean futures closed lower on Friday, as weather forecasts showed fewer yield risks to Midwest crops ahead of harvesting, as traders jockeyed for positioning ahead of a U.S. grain stocks report slated for Monday, traders said. Meanwhile, CBOT wheat futures extended a technical bounce […] Read more

Barley, Crops, Markets

Ample world malt barley supply to limit export prices

By Phil Franz-warkentin September 13, 2019

MarketsFarm — Canadian malt barley growers may be dealing with adverse harvest conditions that could lead to quality downgrades in some areas — while world supplies of the key beer ingredient remain more than sufficient to meet global demand. “There’s no real indication at this time that we’ll see a significant up move (in price),” […] Read more

Crops, Markets, Reuters

U.S. grains: Crop condition rating lifts corn

By Karl Plume September 10, 2019

Chicago | Reuters — U.S. corn futures rebounded on Tuesday from four-month lows struck in the previous session after the U.S. Department of Agriculture said the U.S. crop’s condition unexpectedly declined over the past week. Soybeans followed corn higher despite steady crop condition ratings, as worries about lower yields in the late-developing crop underpinned prices. […] Read more

A French farmer harvests wheat at sunset at Paillencourt in northern France on July 23, 2019. French wheat production, which survived a record heat wave in June, is one of many factors now weighing on prices.

Crops

The news is not good — but it will get better, say market analysts

By Alexis Kienlen September 5, 2019

Harvest is one of the worst times to look for good news in wheat markets,  but prices should soon rally

It’s not hard to find bad news these days when it comes to wheat markets. Recent news stories include the USDA surprising analysts by raising its production forecast (by 59 million bushels), European wheat fields coming through a record-breaking heat wave in fine shape, and the threat from Black Sea producers continuing to rise. (For […] Read more

Crops, Markets, Pulses, Weather

Pulse weekly outlook: Harvest weighs on Saskatchewan bids

By Phil Franz-warkentin September 3, 2019

MarketsFarm — Seasonal harvest pressure may be weighing on pea and lentil bids in Western Canada — but rain delays could lead to quality premiums down the road. Large green lentils delivered to the plant are currently trading at around 20 cents/lb. at the high end, with red lentils topping out at 16 cents/lb. delivered, […] Read more

Barley, Crops, Markets

Malt barley prices remain stable

By Marlo Glass July 9, 2019

MarketsFarm — Malt barley prices have held steady throughout the 2019 growing season as global demand remains strong. Malt prices in 2018 were driven about 15 per cent higher due to a global shortage. According to Farmlink, drought conditions caused Australia to produce “one of the smallest barley crops in recent memory.” The crops were […] Read more

Crops, Markets, Reuters

U.S. grains: Corn ends firm, farmer selling pares gains

By Julie Ingwersen May 15, 2019

Chicago | Reuters — U.S. corn futures hit a six-week high on Wednesday on forecasts for rains in the Midwest crop belt that could signal further planting delays, but the market pared gains as the run-up in prices triggered a round of farmer selling, traders said. Wheat futures also ended nearly flat while soybeans closed […] Read more

Crops, Reuters, Spring Wheat, Weather

Australia to import first wheat in 12 years as drought bites

By Colin Packham May 14, 2019

Sydney | Reuters — Australia will import its first shipment of wheat in more than a decade as a drought across the country’s east coast wilts supply in the world’s fourth largest exporter of the staple grain. Australia’s Department of Agriculture and Water Resources said late on Tuesday that it has approved an import permit […] Read more

U.S. grains: Corn, soy decline as China trade uncertainty lingers

U.S. livestock: Lean hogs limit up on optimism for Chinese pork demand

Most oilseed estimates down in USDA’s October outlook

GFM Network News

U.S. grains: Corn, soy decline as China trade uncertainty lingers

U.S. livestock: Lean hogs limit up on optimism for Chinese pork demand

Most oilseed estimates down in USDA’s October outlook

Tag Archives Australia

Most oilseed estimates down in USDA’s October outlook

Crown pension fund bids for Australian ag firm Webster

U.S. grains: Corn, soybean futures ease

Ample world malt barley supply to limit export prices

U.S. grains: Crop condition rating lifts corn

The news is not good — but it will get better, say market analysts

Pulse weekly outlook: Harvest weighs on Saskatchewan bids

Malt barley prices remain stable

U.S. grains: Corn ends firm, farmer selling pares gains

Australia to import first wheat in 12 years as drought bites

Podcasts

Ag in the federal election debate, oats flow eternal, Canada’s soils get a grade, harvest progress delays

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending October 11, 2019.

GFM Network News

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AgCanadaTV

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