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CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans ease on China tensions

Wheat gains on declining U.S. dollar, export hopes; corn mostly flat

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans softened on Friday as optimism over Chinese buying in the United States was tempered by political tensions between the two economic heavyweights. Corn ended lower on strong crop conditions, while wheat rose on hopes of new U.S. export sales with the dollar remaining low. The Chicago Board of Trade’s […] Read more
(File photo by Lorraine Stevenson)
Crops

Producer deliveries spike in June

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Reading Time: < 1 minute MarketsFarm — Grain deliveries in Canada increased 48.5 per cent from May to June, according to Statistics Canada in a report released today. The report, Producer Deliveries of Major Grains, showed more than 5.16 million tonnes of all grains were delivered by producers in June, compared to the approximately 3.54 million tonnes in May. It’s […] Read more
Alberta greenhouse grower Whole Leaf is booked to provide lettuce for U.S. burger chain Wendy’s restaurants across Canada. (CNW Group/Wendy’s Restaurants of Canada)
Crops, Fruit/Vegetables

Wendy’s secures Canadian greenhouse lettuce supply

Alberta grower to provide sandwich, salad lettuce nationwide

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Reading Time: 2 minutes The Canadian wing of U.S. burger chain Wendy’s is going strictly indoors, in southern Alberta, to supply all the lettuce for its salad, burger and chicken sandwich offerings across the country. Whole Leaf, based outside Coaldale, about 20 km east of Lethbridge, was announced last week as the lettuce supplier for the chain’s 384 stores […] Read more
(Ceres Global Ag video screengrab via YouTube)
Crops

Ceres to buy further into Saskatchewan grain handling

Company taking up Cargill elevator in northeast

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Reading Time: 2 minutes Minneapolis grain dealer Ceres Global Ag has made a deal to take its Prairie elevator network a step further northwest. The company announced Thursday it has an agreement in place to buy Cargill’s elevator and “associated assets” at Nicklen Siding, about 30 km north of Tisdale in northeastern Saskatchewan. The elevator, on Canadian National Railway […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: China tensions cap soybeans’ gains

Corn prices up slightly on trade optimism; wheat falls back slightly

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed on Thursday, boosted by demand from China, although escalating tensions between Beijing and Washington capped gains. Corn edged higher as optimism over possible continued buying from China offset strong crop conditions. Wheat scaled back on technical selling. The most-active soybean contract on the Chicago Board Of Trade […] Read more
Firefighters training for a grain rescue. (Casa-acsa.ca)
Crops, Machinery

Donation offers up more equipment for grain emergencies

Fire departments first must complete CASA training course

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Reading Time: 2 minutes Corteva AgriScience Canada is donating equipment that’s expected to help fire departments across the country save farmers’ lives. The company’s funding will purchase GSI RES-Q-TUBE and Haul-ALL pencil augers for eligible fire departments that have taken part in BeGrainSafe training put on by the Canadian Agricultural Safety Association (CASA). The GSI RES-Q-TUBE is a rescue […] Read more
Winter canola has some challenges but could provide growers with another rotation option for corn and soybeans.
Canola, Crops

Winter canola could be your next ‘third crop’

Winter canola opens the door to late-summer planting, double cropping and longer rotations

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Reading Time: 5 minutes Growers across much of southern Ontario have long been on the lookout for another “third crop.” The standard is winter wheat, but in the past few years, more growers have felt pinched by everything from its crop prices to poor planting conditions in the fall. If they don’t have another option, it isn’t for lack […] Read more
Beyond Meat’s ‘latest iteration’ of its Beyond Burger gets to carry a Made in Canada label. (Photo courtesy Beyond Meat via Globe Newswire)
Crops, Peas

Beyond Meat lines up Canadian patty co-packer

U.S. company launches 'latest iteration' of burger line

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Reading Time: 2 minutes One of the names tied closest to the plant protein-based meat substitute sector has enlisted an unnamed Quebec operation to make its beef-similar patties for the Canadian retail market. Los Angeles-based Beyond Meat on Wednesday launched the “latest iteration” of its flagship Beyond Burger, billed as “produced locally at a co-manufacturing facility in Canada” and […] Read more
ICE November 2020 canola (candlesticks) with 20-day moving average (yellow line) and CBOT August 2020 soyoil (green line). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola under pressure at midweek

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Reading Time: < 1 minute MarketsFarm — Canola contracts have received considerable pressure from outside sources, but held above $480 per tonne this week. Ken Ball of P.I. Financial in Winnipeg expected canola to be down by $6-$10, but nearby contracts closed lower by about a dollar at $483.60 per tonne. Ball referred to weakness in Chicago soyoil, along with […] Read more
(Xinzheng/Getty Images)
Crops, Markets, Soybeans

CBOT weekly outlook: The good and bad between the U.S., China

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Reading Time: 2 minutes MarketsFarm — The current relationship between the United States and China has continued to be rather chaotic, according to Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill. Despite the two countries’ diplomatic row, China has sharply picked up its purchases of U.S. soybeans. Georgy pointed to the 715,000 tonnes purchased by China on […] Read more

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