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(FMC Corp. video screengrab via YouTube)
Crops, Markets, Reuters

Ag chem maker FMC looks to sell non-core assets

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Reading Time: < 1 minute Reuters — Crop protection products maker FMC Corp. has launched a strategic review of its non-core assets, including a potential sale of its non-crop business. A slowdown in demand for herbicide and pesticides as well as excess inventories had resulted in large destocking in South America, denting the U.S.-based company’s earnings for much of the […] Read more
CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago soy, corn slip on improved weather in Brazil

Traders exit long positions ahead of U.S. Thanksgiving week

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Reading Time: 2 minutes Chicago | Reuters — Chicago grain and soybean futures declined on Friday as the prospect of rain in drought-stricken Brazil eased crop concerns, while traders exited long positions heading into a shortened U.S. Thanksgiving trading week. Soybeans and corn dipped more than one per cent while wheat fell 0.5 per cent. The most-active soybean contract […] Read more
Photo: Reuters/Ben Nelms/File
Crops, Markets

IGC raises world crop projections

If realized, the world wheat crop will the second largest on record

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Reading Time: < 1 minute Projected worldwide wheat, corn and soybean production in 2023/24 was raised by the International Grains Council in its latest update, with better-than-expected corn yields in the United States and larger Black Sea wheat crops behind the adjustment.
Detail on the Chicago Board of Trade building. (Kevinstack22/iStock/Getty Images)
Crops, Markets

U.S. grains: Soy ends down on forecasts for rain in Brazil; corn, wheat dip

Brazilian weather outweighed support from data showing record U.S. soybean crush

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Reading Time: 2 minutes Chicago Board of Trade soybean futures inched down on Wednesday, retreating after rallying to the highest levels since August, as improved Brazilian weather outlooks bolstered supply prospects and overshadowed demand from record U.S. soybean crushings last month.
Photo: Getty Images
Crops, General, Markets

Organic operators down, acreage up: new industry stats

Total organic sales in 2022 was $10.26, billion up from $9.35 billion in 2021

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Reading Time: 2 minutes The number of Canadian organic producers and processors fell by nearly 300 in 2022 according to the latest industry stats. “There’s people coming in and there’s people going out,” said Tia Loftsgard, executive director of the Canadian Organic Trade Association (COTA). 
Canadian Agriculture and Agrifood Minister, Lawrence McCauley (right) and CCC vice president, crop production and innovation, Curtis Rempel at the funding announcement at the Bruce D. Campbell Farm and Food Discovery Centre at Glenlea, Man. Photo: Don Norman
Canola, Crops

Canola sector gets research boost

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Reading Time: < 1 minute The federal government is putting up $9 million to drive the sustainable growth of Canada’s canola sector. The funding comes from the AgriScience Program—Clusters Component, an initiative under the Sustainable Canadian Agricultural Partnership and was announced today (Nov. 14) in Winnipeg by Lawrence MacAulay, the federal agriculture minister. “This new Canola Cluster will build on […] Read more
CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago soy soars on Chinese buying, Brazilian weather

Corn futures rise on U.S. sales to Mexico

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures sharply rallied on Monday on Chinese demand and scorching heat in Brazil, where farmers are expected to face crop-stressing temperatures over the next several days. Meanwhile, corn futures rose on technical trading and support from news of Mexico buying U.S. grain — a move up that also gave […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Bids up in early November

U.S. wheat futures up on week

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Reading Time: 2 minutes MarketsFarm –– Spring wheat bids in Western Canada moved higher during the week ended Thursday, as gains in U.S. futures provided support. Average Canada Western Red Spring (CWRS, 13.5 per cent) wheat prices were up by $8.80-$10.10 per tonne across the Prairies, according to price quotes from a cross-section of delivery points compiled by PDQ […] Read more

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