Reading Time: < 1 minute The Saskatchewan Pulse Growers have announced plans to invest $3.67 million in five new weed science research projects.
Saskatchewan Pulse Growers invest in weed research
USDA cuts corn ending stocks estimate, soybeans unchanged
Reading Time: 2 minutes Corn ending stocks in the United States will be tighter than earlier projections due to increased exports and demand from ethanol producers, according to updated supply/demand estimates from the U.S. Department of Agriculture released Dec. 10. The projected wheat carryout was also revised lower, while soybean stocks were unchanged.
India top destination for Canadian peas/lentils through October
Reading Time: < 1 minute India was the top customer for Canadian peas and lentils through the first three months of the 2024/25 marketing year, with total exports of both pulse crops running well ahead of the year ago pace.
Thunder Bay grain movement stays strong through November
Reading Time: < 1 minute The Port of Thunder Bay continued to see strong grain movement with only a month to go in the 2024 shipping season. Potash shipments are also up on the year.
Bearish speculative bets rise in canola futures
Reading Time: < 1 minute Speculative fund traders were busy putting on fresh bearish bets in early December, taking the net managed money short position back above 100,000 contracts for the first time in two months, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE canola weekly outlook: Politics driving trade
Reading Time: < 1 minute The ICE Futures canola market climbed off nearby lows over the week ended Dec. 4, although the correction ran into resistance and values remain at the whim of outside forces.
CBOT weekly: Soybeans/corn to trade sideways
Reading Time: < 1 minute Soybean and corn futures at the Chicago Board of Trade are expected to hold rangebound and trade sideways through the holiday season, as market participants wait to get a better handle on what trade policies proposed by United States President-elect Donald Trump may mean for the commodities in the new year.
Agfinity declares bankruptcy
Reading Time: < 1 minute Agfinity Inc. officially filed for bankruptcy on Nov. 25, just over a month since the Alberta grain brokerage shut down operations and laid off employees.
Pulse weekly: U.S. tariffs could alter Canadian pulse movement
Reading Time: < 1 minute Canadian pulse exporters have plenty of experience dealing with shifting trade policies from India, but increased tariffs from closer to home could alter export movement in 2025.
ICE canola weekly outlook: Futures drop as demand fades
Reading Time: < 1 minute The ICE Futures canola market dropped to its lowest levels in a month on Nov. 20, with future moves likely dependent on what happens in outside markets.
A message from April Stewart, Country Guide's Associate Editor
