Reading Time: 2 minutes Winnipeg | Reuters — Chicago soybeans fell on Thursday, snapping five days of gains as soybean oil sold off sharply after the U.S. government proposed smaller-than-expected biofuels blending requirements. Wheat slid on disappointing export sales, while soybean weakness dragged corn lower. The most-active soybean contract on the Chicago Board of Trade (CBOT) settled down 39-3/4 […] Read more
U.S. grains: Soy snaps win streak on disappointing biofuel mandates
Wheat falls on export sale data; soy weakness weighs on corn
ICE weekly outlook: Canola still rangebound but upside possible
Crush margins expected to stay high for now
Reading Time: 2 minutes MarketsFarm — The ICE Futures canola market traded within a certain range for the week ended Wednesday, but one trader believes that wide crush margins will take prices over the psychological resistance level. Since nearly hitting the $900 per tonne mark on Nov. 15, the January canola contract declined for eight straight sessions before going […] Read more
What will King Charles’s reign mean for climate action?
Some projects may be handed to other family members
Reading Time: 4 minutes London | Thomson Reuters Foundation — As Britain’s King Charles III begins his reign after the death of his mother, Queen Elizabeth II, environmental campaigners will be watching closely to see if he continues to advocate for climate action and is able to help drive change as monarch. In his first speech to the nation […] Read more
U.S. EPA sets 2020-2022 biofuel mandates, denies refiners waivers
Reading Time: 2 minutes New York | Reuters — The U.S. Environmental Protection Agency on Friday issued biofuel blending mandates for 2022 and the prior two years — with this year’s number below one proposed in December — while denying oil refiners waivers to be exempt from the requirements. The EPA set biofuel blending mandates for 2022 at 20.63 […] Read more
U.S. grains: Wheat, corn down on Ukrainian export optimism
Soybeans firm on biofuel talk
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat sank on Wednesday for a second straight session to the lowest in nearly two months, as the market gauged diplomatic talks to unblock Ukrainian ports, while U.S. rainfall across the plains added pressure to prices. Corn followed, dropping to a nine-week low, as U.S. farmers caught up on planting […] Read more
U.S. EPA proposal likes canola oil for renewable fuel
A final EPA decision is expected this summer, which, if favourable, could add new demand for Canada's premier oilseed
Reading Time: 3 minutes Canola has another feather in its cap — one which is expected to put more money in farmers’ pockets. In a ‘proposed decision’ released in April the U.S. Environmental Protection Agency (EPA) recognized canola oil’s value as an environment-friendly alternative to fossil-based fuel — a move that’s expected to add new demand for the crop. […] Read more
U.S. EPA allows temporary summer sales of higher-ethanol fuel
Waiver seen as score for corn growers
Reading Time: 2 minutes New York | Reuters — The U.S. Environmental Protection Agency issued an emergency waiver for a higher-ethanol gasoline blend on Friday, allowing summertime sales of the fuel in an attempt to help lower gasoline prices at the pump. The move represents a temporary win for the biofuels industry and corn farmers, as it will likely […] Read more
U.S. grains: Corn, wheat climb on Ukraine woes, U.S. biofuel plan
May soybeans also close higher
Reading Time: 2 minutes Chicago | Reuters — U.S. corn, wheat and soybean futures rose on Tuesday on worries about the Russia-Ukraine conflict persisting and disrupting Black Sea grain exports, and optimism about increased demand for biofuels, analysts said. U.S. President Joe Biden will unveil plans to extend the availability of higher biofuel blends of gasoline during the summer […] Read more
Is farming on the cusp of being redefined?
The future could be much better than today. But will we decide that we want it?
Reading Time: 6 minutes Farming has been described as the backbone of civilization. Without the domestication of crops and livestock, society as we know it would have been impossible. So, since it’s so important, everyone knows what farming is, right? If you ask a random group of people what farming is, and what role farmers play in society, you […] Read more
U.S. grains: Soybeans reach seven-month peak
Oil strength, South American crop worries lift soy; CBOT corn up, wheat down
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures hit their highest in seven months on Wednesday on technical buying and as soyoil futures rallied with energy markets and historically high palm oil prices. Concerns about a reduced South American harvest and exports from top soy supplier Brazil offered further support, with strength spilling over into corn […] Read more
A message from April Stewart, Country Guide's Associate Editor
