Daily Network News

More News →

Crops Crops

File photo of a Mississippi soybean field with glyphosate-resistant amaranth. (Yanbo Huang photo courtesy ARS/USDA)
Crops, Reuters

Bayer scraps plans for U.S. dicamba production

Move unrelated to court ruling, company says

By
Reading Time: 2 minutes Chicago | Reuters — Bayer said on Tuesday it will scrap a nearly US$1 billion project to produce dicamba in the United States, but said the move is unrelated to a federal court decision that blocked sales of dicamba-based herbicides. The German-based company is moving to save cash as it wages an expensive legal battle […] Read more
CBOT July 2020 corn with 20- and 50-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn trims gains on technical selling

Wheat slides as harvests face decreased demand; soybeans drop on down meal market

By
Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures ended slightly lower on Tuesday after a day of positive trading after the U.S. Department of Agriculture (USDA) reported decreased crop conditions due to recent hot weather across the western corn belt. Wheat slid as winter harvests continue, while soybeans remained lower as weak soymeal trade overwhelmed gains […] Read more
A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)
Crops, Markets

Ocean freight rate index moving higher

By
Reading Time: < 1 minute MarketsFarm — Ocean freight rates have shown steady gains over the past month, rising to some of their highest levels of 2020 as world economies show signs of recovery amid the COVID-19 pandemic. The Baltic Dry Index (BDI), a major indicator of shipping rates, has moved higher for 12 straight sessions, hitting 973 points on […] Read more
CBOT July 2020 soybeans with 20- and 50-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans fall on crop development

Wheat lifts on short-covering

By
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures slid on Monday on reports of healthy crop development across much of the U.S. Midwest, as concerns about a potential bumper crop cooled market enthusiasm over recent strong Chinese demand. Private exporters reported the sale of 390,000 tonnes of soybeans to China for delivery in the 2020-21 marketing […] Read more
Cover crops can get as complex as you want but the best advice is always to start slow and simple.
Crops

New directions in cover crops

Today, factors like microbial interactions and soil quality are influencing choices and practices

By
Reading Time: 6 minutes In the midst of a renaissance in soil health, researchers, agronomists and extension personnel have been pushing the message that everything a grower does in a field is connected to everything else. Fertility is linked to planting depth, just as mycorrhizal fungi are connected to weed management. Nothing happens on its own without some effect […] Read more
Federal Agriculture Minister Marie-Claude Bibeau and Conservative ag critic John Barlow discussed the impact of carbon pricing on farm expenses when Bibeau addressed an agriculture committee meeting on June 10, 2020. (Video screengrabs from Parl.gc.ca)
Crops, Machinery

Carbon pricing not having ‘significant impact’ on grain drying, Bibeau says

Conservatives, ag groups dispute government's numbers

By
Reading Time: 3 minutes Ottawa — Grain drying costs an average of $210 to $819 per farm in carbon taxes, according to federal Agriculture Minister Marie-Claude Bibeau. Her department used data provided by grower groups – including Manitoba’s Keystone Agricultural Producers (KAP) and the Agricultural Producers Association of Saskatchewan (APAS) – to arrive at the figures. The federal estimate […] Read more
India’s Prime Minister Narendra Modi speaks to media on the Parliament premises in New Delhi in this Nov. 18, 2019 file photo. (Photo: Reuters/Altaf Hussain)
Crops, Lentils, Markets

India’s levy cut on lentils part of balancing act

Global markets had zero or little forewarning of decision

By
Reading Time: 2 minutes MarketsFarm — To Pulse Canada, the recent move by the Indian government to temporarily reduce the import levy on lentils from 30 to 10 per cent is part of a balancing act between competing interests. Greg Cherewyk, president of Pulse Canada, explained that Prime Minister Narendra Modi is “looking after the needs of a politically […] Read more
CBOT July 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans gain on hope of continued China purchasing

USDA hiked world wheat stocks to record high; corn gains after ethanol demand cut less than expected

By
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures rallied late on Friday as hopes of continued U.S. exports to top-importer China supported prices. Wheat futures rebounded after touching a three-week low at the Chicago Board of Trade earlier in the session, as the U.S. government’s forecast for a record world wheat stock added supply pressure. Corn […] Read more
(CMEGroup.com)
Crops, Markets, Reuters

Coronavirus threatens Chicago’s last remaining trading pits

Grain options pits remain closed, for now

By
Reading Time: 2 minutes Chicago | Reuters — Chicago brokers and traders worry COVID-19 will kill more of the city’s once famous shout-and-gesture trading pits. CME Group, which owns the Chicago Board of Trade, said this week that most of the pits it closed in March because of the pandemic will remain shuttered indefinitely. The news disappointed some brokers […] Read more

Latest Market News

More Market News →