Reading Time: 2 minutes Farmers could win bragging rights and cash for community organizations in a new yield competition from Nutrien Ag Solutions.
Oilseeds
Yield challenge to tap competitive, community spirit
Nutrien Ag Solutions’ puts up $55,000 in prize money for community organization
U.S. grains: Soybeans move higher on technical trading ahead of government reports
Strong dollar weighed heavy on wheat; corn pressured by sluggish exports
Reading Time: < 1 minute Chicago Board of Trade soybeans futures on Monday rose on technical trading ahead of a slew of key government crop reports, after the most-active contract Sv1 touched the lowest price since December of 2020, traders said.
Funds still sitting on large net short position in canola
Soybeans' net short position increased by about 5,000 contracts
Reading Time: < 1 minute The large net short position in canola futures held relatively steady during the week ended Jan. 30, with speculative traders making only minor adjustments, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
Italy’s farmers head to Rome in tractor convoy protest
Protests in France, Germany eased; farmers blocked Dutch-Belgian border
Reading Time: 2 minutes Italian farmers protesting about red tape and cheap imports from outside the EU headed towards Rome in convoys of tractors on Monday, while their colleagues in the north led a cow through the streets of Milan.
Ukraine’s farm unions ask government to protect free EU market access
The European Commission has proposed limited Ukrainian imports to pacify protesting farmers
Reading Time: 2 minutes Ukrainian agrarian unions have asked the government to do everything possible to maintain free access to the European market for their food products, the UCAB association said on Monday.
More grain ships divert from Red Sea as attacks continue
Millions of tons of grain cargo have avoided the area since December, analysts say
Reading Time: 2 minutes More ships carrying grain were diverted from the Suez Canal to routes around the Cape of Good Hope this week as attacks on shipping in the Red Sea continued, analysts said on Friday.
U.S. grains: Soybeans slide on disappointing US export data; corn also down
Demand for U.S. soy hampered by strong competition from Brazil, China's economic woes
Reading Time: 2 minutes U.S. soybean futures fell about 1.5 per cent on Thursday on disappointing weekly U.S. export sales data coupled with strong competition from Brazil, where the soy harvest is expanding, traders said.
ICE Canada weekly outlook: Canola continues to be bearish
Keep close eye on upcoming stocks as of Dec. 31 Stat Can report, says analyst
Reading Time: 2 minutes Despite farmer selling there remained little doubt that the canola market was bearish during the week ended Jan. 31, according to analyst Jerry Klassen of Resilient Commodity Analysis in Winnipeg.
CBOT weekly outlook: Downturn continues for grains
Early harvest reports from South America could affect prices
Reading Time: 2 minutes March grain futures at the Chicago Board of Trade (CBOT) were in decline during the week ended Jan. 31 despite receiving a boost on Jan. 30.
U.S. grains: Wheat futures sag; corn, soybeans hover near multi-year lows
South American rainfall, Chinese demand, good production outlook for U.S., Russian wheat weighing on prices
Reading Time: 2 minutes U.S. wheat futures fell on Wednesday on technical selling and spillover weakness from European wheat markets amid thin export demand, while corn and soybeans stabilized after setting multi-year lows a day earlier.