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CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans lift on South American weather concerns

Market weighs U.S. vote, pending WASDE report

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures gained on Wednesday, touching a one-week high as recent rains in South America do little to aid drought-stricken crops, making U.S. beans more attractive on the world market, traders said. Wheat fell slightly as U.S. and global supply outlooks remain strong, while corn was choppy, paring early declines […] Read more
U.S.-based Impossible Foods, whose Impossible Burger is shown here on display at U.S. grocery chain Wegmans, launched the product at Canadian retail in late October 2020, selling exclusively at Sobeys stores until February 2021. (ImpossibleFoods.com)
Crops

CFIA to consult on new near-meat, non-meat guidelines

Clarity for labels, promotion, composition to be considered

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Reading Time: 3 minutes “Greater clarity” in federal guidelines for the makeup and labels of “simulated” meat and poultry products is the end zone for a new round of consultations underway for the next month. The Canadian Food Inspection Agency on Tuesday announced the launch for the public consultation, which includes an online survey and runs until Dec. 3. […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Eyes on U.S. election, next supply and demand report

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Reading Time: 2 minutes MarketsFarm — With no final results yet Wednesday in the U.S. presidential election, there has been very little, if any, effect on the Chicago Board of Trade (CBOT), according to Allendale Inc. president Steve Georgy. “For the grain markets there hasn’t been a higher impact yet, but it is rather quiet,” he said from McHenry, […] Read more
Signage on a Tweed retail outlet in Winnipeg. (Dave Bedard photo)
Crops, Reuters

Canopy Growth to move U.S. listing to Nasdaq

Canadian cannabis company minding expenses

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Reading Time: 2 minutes Reuters — Canadian pot producer Canopy Growth said on Tuesday it would move its U.S. stock listing to the Nasdaq, following rival Aphria in favouring the exchange’s “cost-effectiveness.” Canopy’s U.S. shares, currently listed on the New York Stock Exchange, rose over four per cent in extended trading. Years of high expenses and a lack of […] Read more
File photo of Rocky Mountain’s dealership at High River, Alta. (Country Guide photo by Scott Garvey)
Crops, Machinery

Equipment dealer chain Rocky Mountain to go private

Publicly traded CNH dealer's top brass make offer

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Reading Time: 2 minutes Canada’s biggest farm equipment dealership chain has made a deal to take itself private after almost 13 years on the TSX. Rocky Mountain Dealerships (RME) announced Monday it has an agreement in place with a numbered Alberta company controlled by CEO Garrett Ganden and board chairman Matthew Campbell, for 100 per cent of RME at […] Read more
CBOT January 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybean futures climb on export optimism

'No matter who's president, China still needs to feed their hog herd'

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures climbed on Tuesday on export optimism and a slower-than-expected U.S. harvest pace, traders said. Wheat firmed as traders monitored dryness in U.S. and Russian growing belts, while corn traded higher on continued hopes of China buying. The most-active soybean contract on the Chicago Board of Trade (CBOT) settled […] Read more
Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)
Crops, Reuters

Bayer takes major writedown, flags Roundup settlement bill

Company writes down agribusiness assets

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Reading Time: 2 minutes Frankfurt | Reuters — Bayer is facing a double hit from a higher legal bill for claims relating to weedkiller Roundup as well as 9.25 billion euros (C$14.2 billion) in impairments on agriculture businesses, much of it related to its Monsanto deal. The company said the write-downs, driven by weaker demand from farmers due to […] Read more
(Valio84sl/iStock/Getty Images)
Crops, Machinery, Weather

Tech firm aims to boost regenerative ag through A.I., machine learning

Terramera proposes to cut emissions, sequester carbon through efficiencies

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Reading Time: 2 minutes A Vancouver ag tech firm is pitching a proposal to both public- and private-sector investors that would use Microsoft technology to help the ag sector “pull carbon from the air.” Terramera on Monday put forward a $730 million proposal for an initiative it calls the Global Centre for Regenerative Agriculture, which would oversee efforts to […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn declines on long liquidation

Soybeans lower, wheat rallies

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures declined on Monday as funds scaled back long positions ahead of the U.S. presidential election, and forecasts called for optimal weather in the Midwest, where farmers are wrapping up the harvest of corn and soybeans, analysts said. Wheat futures turned higher, rallying on bargain-buying after a five-session slide. […] Read more

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