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

U.S. grains: Soybeans gain ground on Chinese buying

Wheat rebounds after technical correction

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Reading Time: < 1 minute Chicago | Reuters — Chicago corn and soybeans futures climbed on Wednesday as news of Chinese purchases offset strong yield prospects after recent rain across the U.S. Midwest offered relief to pollinating corn crops. Both commodities gained even after the United States ordered China to close a consulate in Houston, escalating diplomatic tensions and putting […] Read more
Bayer’s cross symbol hangs in a terminal at Frankfurt International Airport. (Typhoonski/iStock Editorial/Getty Images)
Crops, Machinery, Reuters, Weather

Bayer launches carbon capture pilot for U.S., Brazilian farmers

Chem and seed firm expects to expand plan to other countries

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Reading Time: 2 minutes Chicago | Reuters — Bayer launched a pilot program in the United States and Brazil on Tuesday that will pay farmers for capturing carbon in cropland soils, making it the latest agriculture company to capitalize on environmental initiatives. The company seeks to enroll about 1,200 row crop growers in its Bayer Carbon Initiative in the […] Read more
A locust is seen on a plant at Gran Guardia, Formosa, Argentina on June 1, 2020. (Photo: Senasa handout via Reuters)
Crops, Reuters

Argentina says hit by second locust swarm, farmers on alert

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Reading Time: < 1 minute Buenos Aires | Reuters — Grains powerhouse Argentina is getting hit by a second swarm of locusts arriving from neighbouring Paraguay, Argentina’s Senasa agricultural health inspection agency said on Tuesday, putting farmers on notice about possible crop damage. The new swarm is concentrated in the province of Formosa in north-east Argentina, on the Paraguay border. […] Read more
Loveday mushrooms on a 2016 episode of TV cooking show “Great Tastes of Manitoba.” (Great Tastes of Manitoba video screengrab via YouTube)
Crops

U.S. mushroom giant buys major Manitoba grower

Loveday Mushroom Farms joins South Hill Champs

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Reading Time: 2 minutes A major player in the North American mushroom business expects to expand its reach in the U.S. Midwest and Canada’s Prairies with a deal for a storied Winnipeg producer. South Mill Champs, formed in 2018 from the merger of Philadelphia-area producer South Mill and Aldergrove, B.C.-based Champs Mushrooms, announced Tuesday it has expanded to include […] Read more
CBOT August 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans trim back on improved crop conditions

Wheat gains on weaker U.S. currency

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures fell on Tuesday, despite renewed exports to China, after the U.S. Agriculture Department issued better-than-expected weekly crop ratings. Corn also eased on better-than-expected crop conditions and favourable U.S. weather as traders eyed record yield potential this fall. The Chicago Board of Trade’s most active soybean contract fell 6-1/2 […] Read more
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Pulses, Weather

Pulse weekly outlook: Saskatchewan pulses heading for a good year

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Reading Time: < 1 minute MarketsFarm — Pulse crops in Saskatchewan are in shape to have a good year, according to Dale Risula, a pulse specialist with the province’s agriculture department. “Pulses got off to a pretty good start. Moisture levels in the soil were pretty good. Most of the pulses were up and growing rapidly,” Risula said, noting pulse […] Read more
CBOT September 2020 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn weakens on rain across Midwest

Soybeans gain for fifth session, wheat futures tumble

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Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures dropped on Monday, as rainfall strengthened crop conditions during a crucial stage in development. Soybean futures gained for a fifth consecutive session on renewed Chinese demand and support from the soybean oil market. Wheat, meanwhile, sank as harvest across the U.S. Great Plains continued and a strengthening dollar […] Read more
Plaintiff Dewayne Johnson listens as attorney Brent Wisner, not shown, speaks about his condition at trial in San Francisco on July 9, 2018. (File photo: Josh Edelson/Pool via Reuters)
Crops, Reuters

Bayer loses California appeal of Roundup verdict

Damages payable to plaintiff are further reduced

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Reading Time: 2 minutes Reuters — Bayer AG failed to persuade a California appeals court to overturn a verdict favouring a school groundskeeper who claimed its Roundup weed killer caused his cancer but reduced the amount of damages by 74 per cent, to US$20.5 million. The decision by the California Court of Appeal came after a San Francisco jury […] Read more
(Dave Bedard photo)
Crops, Markets

July supply/demand report shows just minor revisions

Canola, wheat ending stocks down

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Reading Time: < 1 minute MarketsFarm — Updated supply/demand estimates released Friday by Agriculture and Agri-Food Canada include only minor revisions from the previous report, taking into account revised acreage estimates Statistics Canada released at the end of June. Canola ending stocks for the current marketing year were lowered by 100,000 tonnes, to 2.5 million tonnes. Meanwhile, projected 2020-21 canola […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Funds covering short positions in canola

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Reading Time: < 1 minute MarketsFarm — Fund traders continued to bail out of short positions in canola during the week ended July 14, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in July 14 at 23,113 (9,650 long/32,763 short), […] Read more

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