Reading Time: < 1 minute The International Grains Council (IGC) has cut its forecast for 2024/25 global corn production, largely reflecting a diminished outlook for crops in Brazil and Argentina.
Cereals
IGC trims global corn crop forecast as South America outlook cut
U.S. grains: Corn futures pull back from 16-month high
Reading Time: 2 minutes Chicago Board of Trade corn futures pulled back from a 16-month high on Wednesday as traders booked profits and anticipated that recent gains will drive bigger U.S. plantings this spring.
Former assistant commissioner claims harassment at Canadian Grain Commission
Patty Rosher says she was informed she was being investigated for allegations of inappropriate behaviour in September 2022
Reading Time: 2 minutes A former assistant chief commissioner of the Canadian Grain Commission has written a blog post claiming she was subjected to interference and harassment during her time at the agency.
U.S. grains: Corn futures hit 16-month high above $5 a bushel
Reading Time: 2 minutes Chicago Board of Trade corn futures reached a 16-month high above $5 a bushel on Tuesday on robust U.S. export demand and expectations that inventories may tighten, analysts said.
EU plans to restrict imported crops treated with banned pesticides, draft shows
Reading Time: 2 minutes The European Union is planning tougher restrictions on imported crops treated with pesticides banned in Europe, a draft European Commission document showed, a move that would impact suppliers including the U.S.
U.S. grains: Chicago wheat hits four-month high as cold threatens Russia, US crops
Reading Time: 2 minutes Chicago Board of Trade wheat futures Wv1 soared on Friday to their highest price since October, and analysts said support from blistering cold weather in the Black Sea and U.S. Plains regions prompted short covering.
China to develop gene-editing tools, new crop varieties in biotech initiative
Reading Time: < 1 minute China issued guidelines on Friday to promote biotech cultivation, focusing on gene-editing tools and developing new wheat, corn, and soybean varieties, as part of efforts to ensure food security and boost agriculture technology.
Western Australia’s wheat harvest exceeds forecast by 1.6 million tons, GIWA says
The 2024 grain growing season ended with the third-largest tonnage on record
Reading Time: < 1 minute The Grain Industry Association of Western Australia (GIWA) said on Friday that the state's recent harvest yielded approximately 1.6 million metric tons more wheat than its December forecast.
U.S. grains: Corn edges up on strong export sales, weather woes
Reading Time: 2 minutes Chicago corn futures ticked up in rangebound trade on Thursday as stout export sales, weather concerns in Argentina and strong demand added support, analysts said.
Canadian government sees agriculture win in free trade agreement with Ecuador
Access for key agriculture exports gained, but not at the cost of supply management
Reading Time: < 1 minute Canada's new free trade deal with Ecuador will provide preferential treatment for Canada's key agriculture exports, such as grains and oilseeds, cereals, meat, pulse crops, processed foods and "sugar-containing" products but won't allow additional access to Canada for for supply-managed products such as dairy, poultry and eggs.