Reading Time: 4 minutes In the old days, farmers were kept busy finding enough hours in a day to get the planting and harvesting done, as well as all the other chores that went with running a farm and keeping up with the demands of day-to-day living. It was simply a fact of life in agriculture. If you don’t […] Read more
All in a day’s work
The Van Kessel family redefines what it means to ‘stay busy’
U.S. grains: soymeal makes biggest monthly gain since 1976
Reading Time: 2 minutes Chicago / Reuters – U.S. soymeal climbed 2 per cent on Friday, capping the commodity’s best monthly performance since 1976, as short-term supply strains in the United States continued to fuel buying. Soybeans also rose sharply and corn turned higher late, following gains in soymeal, while wheat declined on pressure from multiyear highs in the dollar that made the crops less competitive […] Read more
Market analyst warns soybeans could hit $7.00
Reading Time: 2 minutes Commodity News Service Canada – A surge in soybean values at a time when supplies are at a record level shouldn’t be mistaken for a breakdown in fundamental factors affecting supply and demand, according to the chief economist for AgResource. “The soybean market has gone up 12 to 13 per cent in the last 30 […] Read more
Concerns for low protein in U.S. soybeans
Reading Time: 2 minutes Reuters — Crop watchers have raised concerns that the massive harvest of soybeans in the United States may not contain enough protein for optimal soymeal production, forcing processors to scramble to find supplies suitable for crushing. A protein shortfall, stemming from a rainy spring and dry conditions as crops neared maturity, could add to the tightness […] Read more
U.S. and S. American farmers slow to sell
Reading Time: 2 minutes Reuters — The slow pace of crop sales by farmers that has hurt two of the world’s biggest grain traders will likely stretch into next year, the head of Bunge Ltd said on Thursday. The forecast for sluggish sales from Chief Executive Officer Soren Schroder may mean that Bunge and agribusiness rivals, including Archer Daniels […] Read more
U.S. grains: soybeans down 1 per cent, corn narrowly lower
Reading Time: 2 minutes Chicago / Reuters – U.S. soymeal futures fell 4 per cent on Thursday for their biggest daily losses since June as investors locked in profits after prices for the protein-rich animal feed soared to a seven-week high. Soybean futures shed more than 1 per cent, while corn edged lower following a spike in sales by U.S. farmers, who were harvesting […] Read more
Few changes expected in Canadian crop area
Reading Time: < 1 minute Commodity News Service Canada — It doesn’t appear there will be any dramatic changes to acreage for most crops next year, says a market analyst for CWB. Bruce Burnett gave some broad estimates for plantings in 2015 at the opening session of the Cereals North America conference in Winnipeg. “My thought is we’re going to […] Read more
Protein demand, fracking affecting grain prices
Reading Time: 2 minutes Commodity News Service Canada — The difficulty in getting American soymeal from processors to the end-user is just one symptom of a much larger problem facing the current market, said a noted industry-watcher at the Cereals North America conference in Winnipeg. “In the last two or three weeks, grain prices have been moving, everything is […] Read more
Options suggest soymeal tumble postponed till Jan.
Reading Time: 2 minutes Reuters — Soymeal traders have been bracing for a steep decline in U.S. meal prices for the past several months as a record-large soybean crop was planted and grown. Indeed, traders racked up large positions in bearish put options tied to December soymeal futures throughout last summer, indicating widespread expectations that U.S. meal prices would […] Read more
Critics of Dow’s Enlist line suing U.S. EPA over approval
Reading Time: 2 minutes Reuters — A coalition of U.S. farmer and environmental groups filed a lawsuit Wednesday seeking to overturn regulatory approval granted last week for an herbicide developed by Dow AgroSciences. The lawsuit, filed in the U.S. Court of Appeals for the Ninth Circuit in California, argues that the Environmental Protection Agency (EPA) did not adequately analyze […] Read more
A message from April Stewart, Country Guide's Associate Editor
