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One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)
Crops, Markets

IGC cuts record-large world grain production outlook slightly

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Reading Time: < 1 minute MarketsFarm — World grain production for 2020-21 was revised slightly lower by the International Grains Council in its latest report Thursday, but the group is still anticipating record large supplies overall. Wheat and coarse grains are forecast to total 2.226 million tonnes, which would be down by one million tonnes from the September forecast but […] Read more
(Adama.com/YouTube)
Crops, Reuters

Adama to buy control of major Chinese ag chem maker

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Reading Time: < 1 minute Tel Aviv | Reuters — Israeli crop protection firm Adama said Thursday it will acquire a majority stake in Jiangsu Huifeng Bio Agriculture’s crop protection plants for about US$175 million. In the first phase, it will buy 50 per cent of Shanghai Dibai Plant Protection, a wholly owned subsidiary of Huifeng focused on the sale […] Read more
(Creative-Family/iStock/Getty Images)
Crops, Markets, Reuters

Cannabis-infused drinks fizzle on production, distribution challenges

'Actually executing the idea is much more difficult'

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Reading Time: 3 minutes Reuters — Investors pinning hopes on cannabis-infused drinks to propel growth of the legal marijuana industry may have to wait a bit longer, as companies struggle to produce and distribute the highly-sought beverages in a profitable way. Nearly 11 months after regulators allowed their sales, very few brands have been able to reach shelves. Canada […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Bunge lifts outlook as quarterly profit nearly doubles

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Reading Time: 2 minutes Reuters — Agricultural commodities trader Bunge Ltd. raised its 2020 outlook after reporting a 91 per cent jump in adjusted third-quarter profit on Wednesday, as strong soy processing margins and robust demand for soy products boosted its core agribusiness segment. Bunge shares rose almost seven per cent to their highest level in more than a […] Read more
CBOT January 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Crop prices slide as pandemic concerns rattle markets

Traders await U.S. export sales data Thursday

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Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures fell on Wednesday as part of a broad sell-off in markets fueled by concerns about the economic impact of a global surge in COVID-19 cases, traders said. Losses in agricultural futures pulled corn prices back from a 14-month high reached on Tuesday and soybean prices down […] Read more
At capacity, Roquette’s Portage la Prairie pea plant will be able to process 125,000 tonnes of yellow peas per year. (CNW Group/Roquette)
Crops, Markets, Peas

Pulse weekly outlook: Roquette plant now contracting organic yellow peas

Pricing to be at 'sustainable' level for growers

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Reading Time: 2 minutes MarketsFarm — Roquette is now contracting for conventional and organic yellow peas for its new processing plant near Portage la Prairie, Man. After construction is finished at the end of 2020, the 200,000-square foot facility will work its way up to processing 125,000 tonnes of yellow peas per year. “We will be receiving peas in […] Read more
Use of inoculants — even in long-standing soybean fields — is a cost-benefit decision for a grower.
Crops, Soybeans

Soybean inoculant a rare find

This innovative inoculant begins with a new bacterial species, then stacks it with another

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Reading Time: 3 minutes Soybean inoculants have undergone considerable change in the past 30 years, evolving from non-sterile to sterile formulations in the 1990s and then to an almost complete reliance on the Bradyrhizobium japonicum bacterial species, with other strains added during the first decade of the 2000s, although primarily as nodulating triggers or plant growth-promoting rhizobacterium (PGPR). Now, […] Read more
(Sakakawea7/iStock/Getty Images)
Crops, Reuters, Soybeans

U.S. EPA approves XtendiMax use for five years

Court ruling had blocked dicamba sales

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Reading Time: 2 minutes Chicago | Reuters — The U.S. Environmental Protection Agency will allow farmers for the next five years to spray crops with a Bayer herbicide whose sales were blocked by a U.S. appeals court in June, EPA administrator Andrew Wheeler said Tuesday. XtendiMax, a dicamba-based herbicide that is sprayed on soybeans and cotton genetically engineered to […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn futures fall after hitting 14-month high

Rains expected to benefit wheat crops; traders watch China to buy more U.S. corn, soy

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Reading Time: < 1 minute Chicago | Reuters — Chicago Board of Trade corn futures ended lower on Tuesday after reaching their highest prices in more than a year on strong U.S. export demand. Soybean futures backpedaled after hitting their highest price since July 2016 on Monday. Wheat also slumped. Profit-taking weighed on corn after prices initially rose on a […] Read more

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