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CBOT weekly outlook: Corn and soy markets awaiting USDA report

Reading Time: 2 minutes CNS Canada – After a week where corn, soybean and wheat contracts climbed on the Chicago Board of Trade, traders are now awaiting the latest supply and demand report from the United States Department of Agriculture. “With the crop report (for) August, which at least over the last five years has historically leaned more bearish […] Read more

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Wheat futures climbing higher

Reading Time: < 1 minute CNS Canada – North American wheat prices have rallied sharply over the past few weeks and could have more room to go, especially for higher quality and higher protein wheat. After trending lower for most of June and into early July, the Minneapolis December spring wheat contract settled at US$6.2275 per bushel on July 31, […] Read more


Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Prairie crop tour sees slightly bigger wheat, canola yields

Reading Time: 2 minutes Saskatoon | Reuters — Canadian farmers were on track to reap slightly larger wheat and canola yields, despite dry conditions and a wide discrepancy in growth rates, a crop tour estimated on Thursday. The inaugural Grain World crop tour, organized by FarmLink Marketing Solutions, toured the Prairie provinces on Tuesday and Wednesday. Moisture conditions vary […] Read more

Wheat being loaded onto a cargo ship in Vancouver in 2011. (File photo: Reuters/Ben Nelms)

Japan resumes Canadian wheat purchases

Reading Time: 2 minutes Tokyo | Reuters — Japan’s agriculture ministry said Friday it had resumed purchases of Canadian wheat after testing showed no imports that reached the country included grain containing a genetically modified trait discovered in Alberta last summer. Japan’s agriculture ministry said it was seeking to buy 62,957 tonnes of food-quality Canada Western Red Spring (CWRS, […] Read more



A barley field in France. (Anneke DeBlok/iStock/Getty Images)

France to the rescue as drought hits EU barley crop

Reading Time: 2 minutes Hamburg | Reuters — Drought has seriously damaged barley harvests in northern Europe, potentially tightening supplies of animal feed and malt for beer brewing, but a decent crop in France could save the day, experts said on Thursday. “There are painful crop losses in Germany, Poland, Britain and Scandinavia,” one German trader said. “The volume […] Read more



The fireplace where the bread was found is in the middle of this stone structure at the Shubayqa 1 site. (Alexis Pantos photo, News.ku.dk)

World’s oldest bread found at prehistoric site in Jordan

Reading Time: 2 minutes Washington | Reuters — Charred remains of a flatbread baked about 14,500 years ago in a stone fireplace at a site in northeastern Jordan have given researchers a delectable surprise: people began making bread, a vital staple food, millennia before they developed agriculture. No matter how you slice it, the discovery detailed on Monday shows […] Read more


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U.S. spring wheat, durum expected to surge

Reading Time: < 1 minute CNS Canada — Data released today from the U.S. National Agricultural Statistics Service showed large expected increases in spring wheat and durum production this year. Spring wheat production in the country, not including durum, is forecast at 614 million bushels, up 48 per cent from 2017. Of that, 584 million bushels, or 95 per cent […] Read more

(GeneralMills.com)

J.M. Smucker to sell U.S. baking brands

Reading Time: < 1 minute Reuters — J.M. Smucker Co. said on Monday it would sell its U.S. baking business, which includes brands such as Pillsbury, Martha White and Hungry Jack, to private equity firm Brynwood Partners for US$375 million. The deal includes a manufacturing facility in Toledo, Ohio, but excludes the baking business in Canada, the company said. “The […] Read more