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

U.S. grains: Crop concerns, Chinese buying spark rallies in soy, corn

CBOT December wheat closes higher

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Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn and soybean futures rallied on Tuesday on rising export demand from China and concerns that deteriorating crop conditions will curtail the size of the U.S. fall harvest, traders said. Soybeans topped out at a seven-month high while corn jumped 2.6 per cent to its highest in […] Read more
CBOT December 2020 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy futures rise on crop concerns

Wheat sags from one-month peak

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Monday on expectations that a government report will show crop ratings deteriorated in the past week, underpinning recent forecasts that pegged the harvest below the U.S. Agriculture Department’s latest outlook. A spate of dryness across the U.S. Midwest, combined with a severe wind storm […] Read more
A general view of damage at the site of Tuesday’s blast in Beirut’s port area on Aug. 5, 2020. (Photo: Reuters/Mohamed Azakir)
Crops, Markets, Reuters

Kuwait to rebuild Beirut port grain silo after blast

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Reading Time: < 1 minute Beirut | Reuters — Kuwait said it will rebuild Lebanon’s only large grain silo that was destroyed by the massive Beirut port explosion, raising fears of food shortages in a country already in financial meltdown. The destruction of the 120,000-tonne capacity structure at the port, the main entry point for food imports, meant buyers must […] Read more
A Meta Cannabis retail store on Yonge Street in Toronto. (CNW Group/Meta Growth)
Crops

Canadian cannabis retailers poised to merge

High Tide, Meta Growth to create biggest weed retailer

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Reading Time: 2 minutes Two major Canadian cannabis sellers are poised to create the largest pot retailer in the country by revenue. Calgary retailer High Tide Inc., which operates the Canna Cabana chain of stores in three provinces, announced a merger deal Friday to take up Toronto-based Meta Growth Corp., which runs the Meta Cannabis and NewLeaf Cannabis chains. […] Read more
A vessel loading at Parrish and Heimbecker’s Goderich, Ont. grain terminal. (Photo courtesy P+H)
Crops, Machinery

P+H reworks Lake Huron grain terminal for larger boats

Dust control also added at Goderich site

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Reading Time: 2 minutes Grain and agrifood firm Parrish and Heimbecker has built out the mooring structures at its Lake Huron grain terminal to allow “all configurations” of boats to load and unload there. The Winnipeg company announced Friday it has completed a new mooring dolphin at its terminal at Goderich, Ont., as well as a new vessel-loading spout […] Read more
File photo of cranes at the Port of Montreal. (Jean-Paul_Lejeune/iStock/Getty Images)
Crops

Truce reached in Montreal port strike

Longshoremen to return to work Sunday

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Reading Time: 2 minutes Striking longshoremen at the Port of Montreal plan to return to work Sunday morning, beginning a truce of up to seven months brokered by federal mediators. Federal Labour Minister Filomena Tassi announced Friday that the Canadian Union of Public Employees (CUPE) Local 375, Syndicat des debardeurs and the port’s Maritime Employers Association (MEA) have “concluded […] Read more
CBOT December 2020 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn gains as Iowa yields falter on storm damage

Soybeans even near seven-month high; wheat down slightly on Russian yield forecast

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Reading Time: 2 minutes Chicago | Reuters — Chicago corn rose on Friday after a U.S. Midwest crop tour found storm damage across top corn-growing state Iowa. Meanwhile, soybeans ended lower as tropical storms in the U.S. Gulf offered hope for much-needed rain in parts of the Midwest, offsetting strong export demand. And wheat rallied late in the day […] Read more
(Country Guide file photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Increases for CWRS and CPSR, durum steady

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Reading Time: 2 minutes MarketsFarm — Cash wheat bids in Western Canada continued to build this week, on momentum from the previous week. Canada Western Red Spring (CWRS) and Canada Prairie Red Spring (CPRS) wheats saw price increases for the week ended Thursday. Meanwhile, prices for Canada Western Amber Durum (CWAD) held steady. Support came from increases in Chicago, […] Read more
Barley. (Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Early harvest pressures Alberta prices

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Reading Time: < 1 minute MarketsFarm — Feed prices in Alberta took something of a tumble this week, Allen Pirness of Market Place Commodities in Lethbridge reported. Feed prices in Manitoba and Saskatchewan, meanwhile, were steady. “Six weeks ago we were seeing harvest, at best, at the end of August. With the heat wave that’s been upon us the last […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy ease as harvest, export prospects weighed

Wheat ends higher after mixed trade

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans slipped on Thursday after a seven-month peak a day earlier, while corn eased as traders set recent storm damage against generally strong prospects for harvest yields. Wheat ended higher as traders digested competing signals for global supply. The most-active soybean contract on the Chicago Board Of Trade closed down […] Read more

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