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Hail in a yard west of Somerset, Manitoba, June 12, 2024. Photo: Alexis Stockford/File
Crops, News

Hail, strong winds damage Prairie crops

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Reading Time: < 1 minute A series of storms left a path of destruction in all three Prairie provinces from Aug. 19 to 25. More than one million acres were either damaged or destroyed by the storms bringing hail and strong winds, leading to more than 2,800 claims of crop damage, according to the Canadian Crop Hail Association (CCHA). “This […] Read more
Photo: Reuters/Ben Nelms/File
Markets

Solid Canadian grain/oilseed exports to start 2024/25

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Reading Time: < 1 minute Canadian grain and oilseed exports through the first month of the 2024/25 marketing year are running well ahead of what moved during the same time the previous year, with just over a million tonnes of canola already moved, according to the latest data from the Canadian Grain Commission. Total exports of all the major grain, […] Read more
A vessel is seen arriving at Odesa in southern Ukraine under the Black Sea Grain Initiative on April 12, 2023. (Photo: Yulii Zozulia/Nurphoto via Reuters Connect)
Reuters

Ukraine’s maritime food exports fall to 4.13 mln T in August

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Reading Time: < 1 minute Kyiv | Reuters – Ukraine’s food exports by sea and river totalled 4.13 million metric tons in August, down from 4.25 million tons in July, agriculture ministry data showed on Friday. That included 2.18 million tons of wheat, 553,732 tons of corn and 454,641 tons of barley, the data showed. Ukraine’s UGA grain traders union […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Corn, soy futures ease after short-covering wave

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Reading Time: < 1 minute Chicago | Reuters – Chicago corn and soybean futures fell on Thursday as large U.S. yield prospects continued to drive short covering from earlier this week, analysts said. Wheat followed corn downward, while brisk exports from the Black Sea region continued to curb prices. A lower dollar and concerns over damaging, dry U.S. Midwestern weather […] Read more
A seaport grain terminal damaged during Russian missile and drone strikes in Odesa region, Ukraine on July 19, 2023. (Photo: Ukrainian Infrastructure Ministry via Facebook/Handout via Reuters)
Reuters

Ukraine says peace summit follow-up meeting tackles food security

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Reading Time: 2 minutes Kyiv | Reuters – Ukraine said 75 countries and international organizations have agreed a “shared vision” of measures to ensure the uninterrupted supply of Ukrainian agricultural products and help global food security, a major concern following Russia’s 2022 invasion. The presidential office said an online meeting of representatives of the countries and organizations, held as […] Read more
Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Soy, corn rise on weather risks, wheat up on short covering

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Reading Time: < 1 minute Chicago | Reuters – Chicago soy futures rose on Wednesday on support from short-covering and weather risks. Corn on the Chicago Board of Trade (CBOT) rose on spillover support from soy futures while wheat increased as harvest pressure eased and traders covered short positions. Industry players have been assessing whether overly dry weather in the U.S. […] Read more
Photo: iStock/Getty Images
Markets, News

CBOT Weekly: Soybeans, corn off lows, sideways trade likely through harvest

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Reading Time: < 1 minute Soybean, corn and wheat futures in the United States were all showing modest strength in early September, recovering off their August lows as speculators bought back previously sold positions. “We’re seeing a little bit of short covering in these markets and the contract lows, at least over the short term, may be in,” said Terry […] Read more
Photo: Getty Images
Crops, Markets, Reuters

U.S. grains: CBOT soybeans gain ground as canola tumbles on Chinese import probe

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Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade soybean futures turned higher on Tuesday, at one point reaching a near four-week high, bolstered by export demand, crop condition concerns and news that China plans to launch an anti-dumping investigation into imports of Canadian canola, traders said. The ICE canola contract for November delivery RSX4 dropped […] Read more

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