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Crops Crops

Subject: Storage grain bin silos in a field of matured corn crop in harvest time.
Crops, Reuters, Weather

Minnesota fields thrive, Iowa storm damage continues on crop tour

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Reading Time: 2 minutes Chicago | Reuters — Scouts on an annual U.S. Midwest crop tour continued to see fields battered by an Aug. 10 derecho storm in central Iowa on Thursday, with corn stalks snapped and ears littering the ground due to the hurricane-like winds. In Iowa, crop prospects swung wildly from field to field, according to scouts […] Read more
(Nestle photo)
Crops, Peas, Reuters

Nestle launching pea-based vegan alternative to tuna

'Vuna' going first to Swiss supermarkets

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Reading Time: < 1 minute Zurich | Reuters — Food giant Nestle is launching a new plant-based tuna alternative in Switzerland this month ahead of a global rollout, hoping that consumers eating at home during the COVID-19 pandemic will stay eager to try new products. Known for Maggi soups and bouillon cubes, Nestle has been investing in plant-based food to […] Read more
File photo outside Viterra’s downtown Regina office building. (Dave Bedard photo)
Crops

‘Glencore Agriculture’ to adopt Viterra brand

Worldwide ag business to rebrand later this year

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Reading Time: < 1 minute A trademark that Swiss commodity firm Glencore picked up when it bought its way into Prairie agriculture is about to become the global brand for its agribusiness offspring. David Mattiske, CEO of Glencore Agriculture, announced in a statement Wednesday the company will rebrand the business to Viterra in “late 2020.” The Viterra brand dates back […] Read more
File photo of stormy conditions over Alberta fields. (Larry Stickney/iStock/Getty Images)
Crops, Weather

Alberta’s AFSC to refund hail premiums on drowned crops

Agency taking applications until Sept. 11

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Reading Time: 2 minutes Grain growers in Alberta’s Peace, northeastern and northwestern farming regions whose waterlogged crops are deemed “non-viable” can now file for full refunds on AFSC hail insurance premiums. AFSC, the province’s Agriculture Financial Services Corporation, announced Wednesday it will accept such applications from eligible growers from now until Sept. 11. Applications will be available online through […] Read more
Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Rain needed across U.S. Midwest

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Reading Time: 2 minutes MarketsFarm — Dry conditions across the U.S. Midwest were among the factors that could affect commodity prices on the Chicago Board of Trade (CBOT) if rain doesn’t come soon, according to Scott Capinegro of Barrington Commodities at Barrington, Ill. Dry conditions in the region could lead to price increases for corn and soybeans. “Across northern […] Read more
Flames from the Hennessey Fire are seen in the last image from a tower-mounted camera before it melted, according to AlertWildfire, on Atlas Peak northwest of Vacaville, Calif. on Aug. 18, 2020. (Photo: Alertwildfire.org/Handout via Reuters)
Crops, Grapes, Reuters, Weather

‘Lightning siege’ sparks wildfires across California wine country

Almost 11,000 strikes reported over 72 hours

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Reading Time: 2 minutes Vacaville, California | Reuters — Lightning strikes sparked dozens of wildfires in northern California’s wine country on Wednesday, burning dozens of structures and forcing thousands to flee their homes. California was hit by nearly 11,000 lightning strikes in 72 hours, sparking 367 fires, nearly two dozen of them major, as the state suffered a record […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans touch seven-month high on export optimism

Wheat stays firm on demand

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures climbed to a seven-month high on Wednesday on U.S. export optimism and concerns over continued dryness across parts of the U.S. Midwest, traders said. Chicago corn edged lower, as a Midwest crop tour estimated higher yields, offsetting storm damage concerns in Iowa. The most active soybean contract on […] Read more
U.S. President Donald Trump participates in a disaster recovery briefing following last week’s severe windstorm, at the Eastern Iowa Airport in Cedar Rapids on Aug. 18, 2020. (Photo: Reuters/Tom Brenner)
Corn, Crops, Reuters, Weather

Trump visits Iowa as officials warn storm destroyed corn crops

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Reading Time: 2 minutes Cedar Rapids | Reuters — U.S. lawmakers and state officials from Iowa said on Tuesday that much of the state’s corn crop will not be harvested following a fierce windstorm last week, as President Donald Trump visited to review the damage. The destruction from the Aug. 10 derecho storm compounded troubles for a U.S. agricultural […] Read more

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