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Daily Network News

  • (Left to right) Jeff Mahon, Greg MacDonald and Edwini Kessie speak on a panel at the Canadian Crops Convention in Toronto on March 12. Photo: Jonah Grignon

    New strategies needed for Canadian agriculture to stand out in global trade

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Oilseeds

File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)
Markets, Reuters

Dry spell puts southern Brazil soy farmers on alert as rains pound central regions

By Reuters, Roberto Samora January 8, 2025
Reading Time: 2 minutes Dry weather is limiting soybean development in Brazil's southernmost state, putting farmers on alert there at the same time as excessive rain is set to disrupt early harvest work in central areas of the country, according to meteorologists.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Chicago soybeans dip on rainy Argentina forecast

By Renee Hickman, Reuters January 7, 2025
Reading Time: 2 minutes Chicago soybeans ticked lower on Tuesday as expectations for rain relief in Argentina encouraged profit-taking, after drier forecasts and a softer dollar fueled gains during the previous session.


File photo of soybeans being loaded for transport in Argentina. (Wirestock/iStock/Getty Images)
Markets, Soybeans

Dry weather could affect Argentina oilseed harvest: USDA attaché

Buenos Aires desk estimates differ from USDA numbers

By Glen Hallick - MarketsFarm January 7, 2025
Reading Time: 2 minutes Dry weather in Argentina could affect the country's oilseeds as harvest approaches, reported the United States Department of Agriculture attaché in Buenos Aires.

(Alfio Manciagli/iStock/Getty Images)
Markets, Reuters

China rapeseed meal futures slide after Trudeau announces plans to resign

By Geralyn Wichers, Isabella Jibilian, Mei Mei Chu January 7, 2025
Reading Time: < 1 minute China's rapeseed meal futures fell to a three-week low on Tuesday after Canadian Prime Minister Justin Trudeau's plans to resign sparked hope that trade tensions between Beijing and Ottawa will soften.


(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Chicago corn surges to six-month high on weaker dollar, Argentina weather

By Renee Hickman, Reuters January 6, 2025
Reading Time: 2 minutes Chicago Board of Trade corn futures Cv1 on Monday surged to a more than six-month high amid growing concern over dry conditions in Argentina, market analysts said.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Chicago soybeans, corn and wheat futures stumble on farmer sales, weekly dollar gains

By Renee Hickman, Reuters January 3, 2025
Reading Time: 2 minutes Chicago soybean, wheat and corn futures tumbled on Friday as a flurry of farmer sales and a strong dollar weighed on the market, analysts said.


File aerial photo of highway through cropland in Argentina. (Gracieross/iStock/Getty Images)
Crops, Markets, Reuters

Hot Argentine summer is starting to damage crops, exchanges say

By Reuters January 3, 2025
Reading Time: 2 minutes A hot, dry austral summer is beginning to cause damage to Argentina's 2024/25 soybean and corn crops, the country's two main grains exchanges said on Friday, after abundant spring rains had until recently provided excellent growing conditions.

Photo: Getty Images
Markets, News, Reuters

US biofuel producers ramped up in Oct as profitability improved, data shows

By Reuters, Shariq Khan January 3, 2025
Reading Time: 2 minutes U.S. renewable diesel producers utilized 77 per cent of their total operable capacity in October, the highest since July 2024, the data showed. Biodiesel plant utilization rose to 89 per cent, the highest since June 2023.


(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Soybeans, corn rise in choppy trading on South American weather concerns

By Renee Hickman, Reuters January 2, 2025
Reading Time: < 1 minute Chicago soybean and corn futures were higher in see-saw trading on the first trading day of 2025, supported by ongoing concerns related to dry weather in South America, especially Argentina, a leading producer of both commodities.

Photo: Getty Images
Markets, Reuters

StoneX raises forecast for Brazil’s 2024-2025 soybean crop

By Reuters January 2, 2025
Reading Time: < 1 minute Brazil's 2024-2025 soybean crop is expected to reach 171.4 million metric tons, consultancy firm StoneX said on Thursday, increasing its forecast from the 166.2 million tons it had estimated in December.


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