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CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans, corn rise on exports

CBOT December wheat extends rally

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday on strong export demand while wheat firmed on concerns that dry weather could limit global production, traders said. Soybean futures rose one per cent, with traders shrugging off some much-needed rain in Brazil due to the strong pace of overseas buying. “The grains […] Read more
File photo outside Viterra’s downtown Regina office building. (Glacier FarmMedia photo by Dave Bedard)
Crops

Viterra to replace western Saskatchewan elevator

Grain firm going bigger at Biggar

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Reading Time: < 1 minute Grain firm Viterra’s asset investment plan has moved onto Biggar things. Regina-based Viterra announced Monday it’s starting construction “immediately” on a new “state of the art” elevator about two km northeast of its current elevator at Biggar, Sask., about 90 km west of Saskatoon. The new concrete facility will have storage capacity of 34,000 tonnes […] Read more
A guest looks at their corn cob-themed tie signed by U.S. President Donald Trump during a signing ceremony for the Canada-U.S.-Mexico Agreement (CUSMA) on the South Lawn of the White House in Washington on Jan. 29, 2020. (Photo: Reuters/Leah Millis)
Crops, Markets, Reuters

Trump’s payments to farmers hit all-time high ahead of election

Canadian growers seek level playing field

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Reading Time: 4 minutes Chicago | Reuters — U.S. President Donald Trump is assuring a bumper year for farmers as the Nov. 3 election approaches, with record government subsidies projected to make up more than a third of farm income in 2020. The aid programs could be key to Trump’s chances of success in swing states such as Wisconsin, […] Read more
CBOT December 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Dry soils push Chicago wheat higher

CBOT corn, soy futures also rise

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures firmed on Monday, hitting almost six-year highs, on concerns about dry conditions across key global growing areas, traders said. But gains were limited as investors stood by after prices have rallied 8.6 per cent so far this month. “The market is just […] Read more
A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)
Crops, Markets

Grain, oilseed exports running ahead of average

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Reading Time: < 1 minute MarketsFarm — Canadian grain and oilseed exports have left the country at a rapid pace during the first 10 weeks of the 2020-21 crop year, with canola, wheat,and barley movement-to-date all up substantially on the year. Total exports of Canada’s major grains and oilseeds as of Sunday came in at 9.57 million tonnes, according to […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Prices up on sharp rises in U.S. wheat

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Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were higher for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats for the week ended Thursday. Support came from double-digit increases in Chicago, Minneapolis and Kansas City wheat futures. Meanwhile, the Canadian dollar was relatively steady. Average CWRS (13.5 […] Read more
CBOT December 2020 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: CBOT wheat hits 2014 high on global crop concerns

Soybean futures retreat from gains

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures surged to their highest prices in nearly six years on Friday as dry weather in key growing regions around the world fueled supply concerns. Corn futures ended lower, after touching a 14-month high on prospects for hefty sales to China, and soybeans also slumped. Traders are keeping a […] Read more
Huawei chief financial officer Meng Wanzhou leaves B.C. Supreme Court on a lunch break during her extradition hearing in Vancouver on Jan. 22, 2020. (Photo: Reuters/Jennifer Gauthier)
Canola, Crops, Reuters

China denies ‘coercive’ diplomacy with Canada

Envoy again urges release of Huawei executive

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Reading Time: 2 minutes Ottawa | Reuters — China on Thursday denied it had taken two Canadian men hostage, and repeated a call for the release of a Huawei Technologies executive held in Canada who faces extradition to the United States amid a long-running diplomatic dispute. Huawei chief financial officer Meng Wanzhou, a Chinese citizen, was arrested in Vancouver […] Read more
(Photo courtesy Canaryseed Development Commission of Saskatchewan)
Crops, Markets, Weather

Canary seed supplies tighten

'Hidden' stocks of product seen shrinking

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Reading Time: 2 minutes MarketsFarm — Canary seed stocks are presently tight for two reasons: unreported inventories have been used up, and poor yields from this year’s crop. David Nobbs of Purely Canada Foods in Saskatoon explained there was a “hidden inventory over the last four to five years,” never reported to Statistics Canada, that was used to meet […] Read more
(Canada Beef Inc. photo)
Barley, Crops, Markets

Feed weekly outlook: Demand keeps Canadian barley well supported

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Reading Time: < 1 minute MarketsFarm — Solid demand continues to keep feed barley bids in Western Canada well supported, as end-users work to secure supplies in anticipation of tightening stocks going forward. “Competition for barley is coming from every which direction: grain companies exporting barley, feedlots trying to cover barley, and grain companies trying to cover feedlots,” said Jim […] Read more

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