Reading Time: 2 minutes CNS Canada – Corn and soybean contracts are remaining quiet at the Chicago Board of Trade (CBOT) as traders await United States Department of Agriculture (USDA) reports due out next week. “(The report is) a big one. I guess most (people are) and I am too looking for a little bit bearish numbers again,” said […] Read more
CBOT weekly outlook: Corn and soybean markets quietly await USDA reports
Behind the Bitcoin craze, blockchain in agriculture
New online transaction technology is being used to secure interactions between grain buyer and seller
Reading Time: 5 minutes [Updated: Dec. 14, 2017] Winnipeg / Commodity News Service Canada – Across the world Bitcoin has caused a flurry of excitement. But as analysts warn about the potential downfall of the cryptocurrency craze there is a part of it that could survive and change the business world – blockchain. “People are seeing potential here. They […] Read more
Speculative buying sees canola prices firm up
Reading Time: 2 minutes Winnipeg | CNS Canada – ICE Canada canola prices bounced around within a wide range during the week ended November 17, but finished on a firmer note as a rally in Chicago Board of Trade soybeans gave canola a boost. Any strength was largely tied to chart-based speculative buying, with no real fresh fundamental news […] Read more
Wheat bids fall along with U.S. futures
Reading Time: 2 minutes Winnipeg | CNS Canada – Hard red spring wheat bids in Western Canada fell slightly for the week ending Nov. 17, following decreases in the United States markets. Depending on the location, average Canada Western Red Spring (13.5 per cent protein CWRS) wheat prices were down C$3 to C$5 per tonne across the Prairie provinces, […] Read more
Grain marketing shifting to a digital focus
Reading Time: 2 minutes Winnipeg | CNS Canada – The future of grain marketing includes access to a larger market for producers online, according to Lyle Ehrmantraut. “You have to be able to see the deals to make the best decisions. So without all the deals in front of you in a centralized system I don’t know how it’s […] Read more
Canadian flax prospects dimmed by China’s silk road
Reading Time: 2 minutes Winnipeg | CNS – China’s construction of a new “silk road” connecting the country to Europe isn’t likely to be good news for Canadian flax exporters. For several years, Canada has been the main exporter of flax to China but that could likely change if Kazakhstan ever has a direct link to the China. “We […] Read more
Wheat storage a winner, says analyst
Reading Time: < 1 minute Winnipeg | CNS – As yields grow throughout North America and the physical size of the crop becomes larger, farmers who invest in storage bins now, stand to reap the rewards later. “Guys with space are winning,” said Kurt Ahrens, founder of Grainbot in Omaha, Nebraska. Speaking at the Grain World Conference in Winnipeg, he […] Read more
Fossil fuels here to stay… for now
Reading Time: 2 minutes Winnipeg | CNS Canada – Renewable sources of energy may be the future, but that future is not coming any time soon as fossil fuels will be needed to continue to power the world for generations, according to author and professor emeritus Vaclav Smil, speaking at the Grain World conference in Winnipeg, Nov. 14. “We […] Read more
Farm bankruptcies down, but not out – just different
Reading Time: 2 minutes Winnipeg | CNS Canada – Fewer farms means fewer bankruptcies but with that simple equation comes the realization that the size and tone of those bankruptcies in North America is growing. “They are larger, the amount of debt is greater, the fact that we’re not seeing a higher number doesn’t mean there isn’t considerable distress […] Read more
Reports highlight strengths, weaknesses of Canadian ag exports
Reading Time: 3 minutes Commodity News Service Canada – There is room for improvement in the Canadian agricultural export market with competition from new markets globally, according to a pair of reports released by Farm Credit Canada. The FCC Ag Economics, Trade Ranking Report: Agriculture and FCC Ag Economics, Trade Ranking Report: Manufactured Food give overviews of Canada’s global […] Read more
A message from April Stewart, Country Guide's Associate Editor
