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Farmers prepare for a rally against India’s newly passed farm laws ahead of Republic Day at Singhu border near New Delhi on Jan. 25, 2021. (Photo: Reyters/Anushree Fadnavis)
Crops, Markets, Reuters

Indian farmers ride caravan of tractors into capitol ahead of Republic Day

Farmers reject government's offer to suspend ag market reforms

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Reading Time: 2 minutes New Delhi | Reuters — Caravans of tractors clogged a key highway in northern India on Monday as tens of thousands of farmers protesting against agriculture reforms streamed into the capital ahead of Republic Day, and police said they were prepared to deal with the crowds. India marks its founding as a republic on Tuesday […] Read more
CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans dive to biggest weekly loss in 6-1/2 years

Soy, corn tumble on improved weather; wheat extends fall

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures slid more than four per cent on Friday — while corn futures dropped their daily limit — as rains in key South American growing areas offered relief amid tight global supplies, overshadowing strong weekly U.S. export data. Wheat futures tumbled four per cent. The Chicago Board of Trade […] Read more
CBOT March 2021 soybeans (candlesticks) with 20-day moving average (green line) and ICE March 2021 canola (yellow line). (Barchart)
Crops, Markets, Reuters

U.S. grains: South American supply issues wane

Soy up, but off early gains; corn boosted by export demand

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans ended the session slightly up after a three-session losing streak on Thursday, but larger early gains were erased as rains across South America eased supply worries. Corn prices firmed, supported by fresh demand amid tightening global supplies, while wheat fell on a lack of fresh export news. The Chicago […] Read more
(File photo)
Barley, Crops, Markets

Feed weekly outlook: Offshore demand still lifting Prairie barley

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Reading Time: < 1 minute MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by Vancouver and the export business,” said Allen Pirness, of Market Place Commodities in Lethbridge, on the continued strength in barley bids. Typically, arbitrage opportunities would […] Read more
The logo and trading info for Corteva Agriscience displayed on the New York Stock Exchange in New York. Photo: Reuters/Brendan McDermid
Crops, Reuters

Investor nominates directors for Corteva, aims to oust CEO

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Reading Time: 2 minutes Reuters — Activist investor Starboard Value LP said on Thursday it has nominated eight directors to the board of Corteva, seeking to oust its chief executive officer and take control of the pesticide and seed maker. Starboard, in its letter to Corteva’s chairman, said it had identified someone new for the top job, but declined […] Read more
Yara is seeking Norwegian government funding toward switching its Porsgrunn ammonia plant’s production process to electricity by 2026. (Yara.com)
Crops, Machinery, Markets, Reuters, Weather

Facing green push on farm, fertilizer makers look to sea for growth

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Reading Time: 4 minutes Winnipeg/Oslo | Reuters — Two of the world’s biggest fertilizer producers, CF Industries and Yara International, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the U.S. and Norway to produce clean energy to power ships. The consumption of oil for transportation is one of the top contributors to […] Read more
A farmer prays to mark the 551st birth anniversary of Guru Nanak Dev, the first Sikh Guru and founder of Sikh faith, at Singhu border near Delhi on Nov. 30, 2020, at the site of a protest against newly passed farm bills. (Photo: Reuters/Danish Siddiqui)
Crops, Markets, Reuters

India offers to suspend farm reforms

Farmers may call off protests

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Reading Time: < 1 minute New Delhi | Reuters — India’s government on Wednesday offered to suspend implementation of three new farm laws that have triggered the biggest farmers’ protests in years, which farm union leaders said they would now consider calling off. The cornerstone of the reform, introduced in September, allows private buyers to deal directly with farmers. Angry […] Read more
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn turn bearish

Traders keep an eye on South America

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Reading Time: < 1 minute MarketsFarm — Soybean and corn futures backed away from multi-year highs during the week ended Wednesday, as investors took profits and weather conditions showed some improvement in South America. “The technicals are a little bearish for both corn and beans,” said Terry Reilly of Futures International in Chicago. The managed money long position in soybeans, […] Read more
CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans fall, pressured by fund selling

Brazil, Argentina showers ease soy, corn supply concerns

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures fell on Wednesday, touching their lowest in more than a week, pressured by technical selling combined with rains across South America, which eased supply concerns. Corn followed, also pressured by beneficial South American rains, while wheat ended lower, but was supported by export optimism. The Chicago Board of […] Read more

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