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Daily Network News

  • May canola settled at C$704.90 per tonne on April 8, falling out of the sideways trading range it had held for the previous three weeks. Photo: Zak McLachlan

    ICE weekly: War news driving canola markets

    10 hours ago
  • An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. “The Middle East war is upending lives and livelihoods in the region and beyond. It has already triggered one of the largest disruptions to global energy markets in modern history,” said the World Bank, International Monetary Fund and the U.N. World Food Programme. Photo: REUTERS/Benoit Tessier

    War is increasing food prices, insecurity say IMF, World Bank and UN food agency

    12 hours ago
  • B.C. agrochemical startup gets $1.2M in federal funding

    14 hours ago
More News →

Soybeans

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Wheat extends rally as US crop rating fall keeps weather in focus

By Renee Hickman, Reuters April 23, 2024
Reading Time: 2 minutes Chicago wheat surged to a two-month high on Tuesday as a decline in U.S. winter wheat conditions focused attention on weather risks to northern hemisphere crops.

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

U.S. grains: Wheat futures rally as weather risks rattle markets

By Renee Hickman, Reuters April 22, 2024
Reading Time: 2 minutes U.S. wheat futures rallied to their highest point in more than two months before the session closed on Monday as crop weather concerns in the Northern Hemisphere supported prices and triggered technical buying and short covering, which accelerated the climb, analysts said.


(ADM.com)
General, Reuters

ADM CFO to resign as company faces US government investigation

By Ana Mano, Karl Plume, Reuters April 22, 2024
Reading Time: 2 minutes Grain trader Archer-Daniels-Midland said on Monday that Chief Financial Officer Vikram Luthar will resign from his role effective Sept. 30.

Photo: Thinkstock
Markets

Fund traders back adding to short positions in canola

By Phil Franz-Warkentin April 22, 2024
Reading Time: < 1 minute The net managed money short position in canola grew for the first time in seven weeks as fund traders put on fresh bearish bets in mid-April, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).


Photo: JJ Gouin/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Soy, corn futures rally on bargain buying, geopolitical tensions

By Renee Hickman, Reuters April 19, 2024
Reading Time: 2 minutes U.S. corn and soybean prices rose on Friday as heightened geopolitical tensions spurred a round of bargain buying after the benchmark contracts in both markets fell to their lowest levels in more than six weeks, traders said.

Poland is trying to move Ukraine grain by rail due to Russia’s blockade of Ukrainian sea ports on the Black Sea.  Photo: IanChrisGraham/iStock/Getty Images
Crops, Markets

AAFC makes a few tweaks in Apr S&D report

By Glen Hallick - MarketsFarm April 19, 2024
Reading Time: < 1 minute Agriculture and Agri-Food Canada made a small amount of changes in its April supply and disposition report released on Apr. 19. Of the changes made, nearly all were slight adjustments to its pulse and special crop numbers.


Photo: Sasapanchenko/iStock/Getty Images
Markets

Feed Grain Weekly: Prices in holding pattern for now

By Glen Hallick - MarketsFarm April 19, 2024
Reading Time: 2 minutes With farmers across Western Canada getting ready to plant their crops or they have already made a few rounds in the field, feed grain prices across the Prairies remained in a holding pattern, according to Jerry Klassen of Resilient Capital in Winnipeg, Man.

A farmer in China piles wheat.  Photo: Reuters/File
General, Markets, Reuters

China set for bumper harvests of grains and oilseeds, ministry says

By Reuters April 19, 2024
Reading Time: < 1 minute China is set for another year of bumper harvest of grains and oilseeds, helped by expanded planting of winter wheat and rapeseed and healthy growth of seedlings, the country's agriculture ministry said on Friday.


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

USDA, Conab widely differ on Brazil soybeans

By Glen Hallick - MarketsFarm April 19, 2024
Reading Time: 3 minutes There’s a rather wide difference between the United States Department of Agriculture and its Brazil counterpart, Companhia Nacional de Abastecimento (Conab) when it comes to Brazil soybeans.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Soybeans fall on South American supply, dry weather supports wheat

By Renee Hickman, Reuters April 18, 2024
Reading Time: 2 minutes U.S. soybean and corn futures closed lower on Thursday after touching six-week lows, with both markets facing pressure from hefty South American supplies, traders said.


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