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Daily Network News

  • ECCC will create a new hybrid weather forecasting model, combining the predictive abilities of AI and traditional physics-based meteorology and the department’s knowledge of local factors for wind, temperature and precipitation. Photo: Don Norman

    Federal forecasters to add AI to improve weather predictions: ECCC

    46 minutes ago
  • The U.S. Climate Prediction Center said on Thursday that El Niño has a 61 per cent chance of developing between May and June 2026 and is expected to persist through at least the end of 2026. Photo: lovelyday12/istock/Getty Images

    El Niño risk building, U.S. forecaster says; ENSO-neutral expected to continue to June

    3 hours ago
  • ICE weekly: War news driving canola markets

    20 hours ago
More News →

Soybeans

File photo of harvesting near Wymark, Sask., south of Swift Current, on Sept. 8, 2020. (Nancy Anderson/iStock/Getty Images)
Markets

IGC sees world crop production rising in 2024/25

By Phil Franz-Warkentin March 14, 2024
Reading Time: < 1 minute World production of wheat, corn and soybeans are all forecast to rise in the 2024/25 crop year, according to the first estimates from the International Grains Council for the upcoming growing season, released March 14.

 Photo: Greg Berg
Markets

ICE Canada Weekly: Look for canola to ease back

By Glen Hallick - MarketsFarm March 14, 2024
Reading Time: 2 minutes At mid-March one broker said he expects canola prices on the Intercontinental Exchange to make their way lower for the balance of the month.


Photo: Fotokostic/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: CBOT corn futures ease on technical selling, US planting plans

By Heather Schlitz, Reuters March 13, 2024
Reading Time: < 1 minute Chicago Board of Trade (CBOT) corn futures eased on technical selling on Wednesday, as market participants sought profits and assessed U.S. spring planting, analysts said.

(Medioimages/Photodisc/Getty Images)
Markets

CBOT Weekly: ‘Beaten up’ prices make their way upwards

By Adam Peleshaty - MarketsFarm March 13, 2024
Reading Time: 2 minutes After weeks of tumbles toward new contract lows, the month of March is looking mighty so far for grains on the Chicago Board of Trade (CBOT).


Photo: Thinkstock
Markets

Canadian canola crush hit record in 2023: StatCan

By Phil Franz-Warkentin March 13, 2024
Reading Time: < 1 minute Oilseed processors in Canada crushed a record amount of canola during the 2023 calendar year, according to a report from Statistics Canada released March 13.

Photo: Thinkstock
Markets, Reuters

U.S. grains: Soybeans, wheat rise on technical trading, poor Brazilian weather

By Heather Schlitz, Reuters March 12, 2024
Reading Time: 2 minutes Chicago Board of Trade wheat and soybean futures all turned higher on Tuesday as a stubbornly bearish market gained support from weather issues in Brazil and a flurry of short covering as funds shift out of their huge net short positions.


File photo of cattle in an Alberta feedlot. (Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: CME livestock futures mostly lower on technical trading

By P.J. Huffstutter, Reuters March 11, 2024
Reading Time: 2 minutes Chicago Mercantile Exchange livestock futures closed mostly lower on Monday, as market participants sought profits and continued to adjust their positions as part of the so-called Goldman roll, traders said.

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

U.S. grains: Soybeans fall on supply pressures; corn and wheat turn higher

By Heather Schlitz, Reuters March 11, 2024
Reading Time: 2 minutes Chicago Board of Trade (CBOT) soybean futures drifted lower on Monday, amid ongoing pressure from a hefty global supply and signs of investors hunting for profits, traders said.


Photo: Canstock
Markets

Canola short position up again in early March

By Phil Franz-Warkentin March 11, 2024
Reading Time: < 1 minute The net speculative short position in canola continued to rise in the first trading days of March, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

U.S. grains: Wheat futures bounce after 3-1/2 year low; soy, corn climb
Markets, Reuters

U.S. grains: Wheat futures bounce after 3-1/2 year low; soy, corn climb

Hefty global grain supplies, competition for export business anchor prices

By Heather Schlitz, Reuters March 8, 2024
Reading Time: 2 minutes Chicago Board of Trade soybean and corn rose on Friday, extending their recovery from three-year lows set last month, following an uneventful monthly supply/demand report from the U.S. Department of Agriculture (USDA), analysts said.


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