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File photo of laker vessels navigating the Welland Canal. (JonathanNicholls/iStock/Getty Images)
Crops, Machinery, Markets

Seaway workers ratify labour deal

Deal ended one-week strike on waterway

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Reading Time: < 1 minute Unionized workers on the St. Lawrence Seaway in Ontario and Quebec have voted their approval of the agreement that brought them in off the picket line. Unifor, which represents about 360 Seaway workers across five locals in the two provinces, announced Thursday its members had voted to ratify a three-year agreement retroactive to April 1. […] Read more
Yellow peas. (Victoria Popova/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Pea exports solid so far, lentils down on year

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Reading Time: 2 minutes MarketsFarm — Canadian pea exports are running at a solid pace through the first two months of the 2023-24 marketing year, despite smaller production, as exports of newly-harvested supplies in September nearly quadrupled what moved the previous month. Canada exported 440,085 tonnes of peas in September, up from only 99,645 tonnes the previous month, according […] Read more
File photo of a soybean plantation in Brazil. (Mailson Pignata/iStock/Getty Images)
Crops, Markets, Weather

Brazil’s second corn crop facing delays

Acres either too dry or too wet for planting

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Reading Time: 2 minutes MarketsFarm — There remained little doubt that Brazil’s corn safrinha (second) crop will be smaller than initially anticipated, according to Dr. Michael Cordonnier of Soybean and Corn Advisor Inc. He chalked up most of that due to conditions being too dry and too wet for the planting of Brazil’s soybean crop, depending on the region. […] Read more
CBOT December 2023 soft red winter wheat with 20-day moving average, MGEX December 2023 hard red spring wheat (yellow high/low/close) and K.C. December 2023 hard red winter wheat (orange H/L/C). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat down on supply outlook boost

Soybeans hit two-month high before retreating; expected increase in U.S. yields weighs on corn

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures declined on Tuesday as the markets reacted to better-than-expected crop conditions, while soybean futures climbed to a two-month high on adverse weather conditions in Brazil before retreating. The U.S. Department of Agriculture (USDA) rated 50 per cent of the country’s winter wheat crop in good-to-excellent condition after trading […] Read more
A CNH manufacturing plant at Sorocaba, west of Sao Paulo in southeastern Brazil. (Photo courtesy CNH Industrial)
Crops, Machinery, Markets, Reuters

CNH to move to NYSE single listing Jan. 2

Company also plans new US$1B share buyback

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Reading Time: 2 minutes Milan | Reuters — Farm and construction equipment maker CNH Industrial said Tuesday its plan to abandon the Milan stock market and retain a single listing for its shares on the New York Stock Exchange would be effective from Jan. 2 next year. The Italian-American group, whose shares are currently traded both on the NYSE […] Read more
(File photo by Dave Bedard)
Canola, Crops, Markets

Net speculative short position in canola tops 100,000 contracts

Net long increases in CBOT soy

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Reading Time: < 1 minute MarketsFarm — Speculative fund traders continued to add to their large short positions in canola futures during the last week of October, taking the net managed money short position over 100,000 contracts for the first time on record, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat

Prairie cash wheat: Weaker U.S. values pull down Canadian prices

Lower export sales drag on U.S. wheat

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Reading Time: 2 minutes MarketsFarm — Wheat prices across the Canadian Prairies fell back during the week ended Nov. 2, with losses in Canada Western Red Spring and Canada Prairie Spring Red wheats, while those for Canada Western Amber Durum were mostly lower. The U.S. wheat complex lost ground during the week, due in part to lacklustre export sales. […] Read more
CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago soybeans find two-month high

Wheat crop above expectations

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures on Monday hit their highest level in some eight weeks on weather concerns in top exporter Brazil and arid conditions in Argentina. Corn futures finished unchanged, while wheat rose slightly as weakness in the U.S. dollar added support to the markets. Traders monitored uneven crop weather in Brazil, […] Read more
Malteurop, which operates a malt house at the east end of Winnipeg, is one of several malting companies with a presence in Manitoba. (Dave Bedard photo)
Barley, Crops

CMBTC study finds new malting barley lines a fit for Manitoba

Agronomic traits in new varieties overcome disease issues that held crop back

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Reading Time: 2 minutes Manitoba farmers have improved prospects to access the more-lucrative malting barley market, according to a recent study. The report by the Canadian Malting Barley Technical Centre (CMBTC), in collaboration with the Manitoba Crop Alliance, says new Canadian malting barley varieties can be grown successfully in Manitoba. With yields and quality comparable to the check variety […] Read more
CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans set 6-1/2-week high

Weaker U.S. dollar lifts grains complex

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures touched a 6-1/2-week high on Friday, lifted by uneven crop weather in top soy producer Brazil and fresh export demand for U.S. supplies, coupled with a plunge in the dollar that bolstered corn and wheat futures as well. Chicago Board of Trade (CBOT) January soybean futures settled up […] Read more

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