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(Allan Dawson photo)
Corn, Crops, Weather

Lower U.S. corn acres raise optimism for Manitoba growers

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Reading Time: 1 minute CNS Canada — A wet spring in the U.S. has forced many farmers to switch out corn acres in favour of alternative crops — a practice that could potentially raise prices for Manitoba farmers, an industry watcher said. “It’s encouraging on the price outlook to see they (U.S. farmers) put less acres in,” said Myron […] Read more
(Photo courtesy Canada Beef Inc.)
Corn, Crops, Markets, Reuters

China approves corn export permits to two companies

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Reading Time: < 1 minute Beijing | Reuters –– China has given approval to at least two companies to export corn, two sources with knowledge of the matter said, in a radical move by the world’s No. 2 producer to cut its ballooning surplus that could add more supply to a saturated global market. The move threatens to push U.S. […] Read more
(FIle photo by Allan Dawson)
Corn, Crops, Weather

Corn acres seen rising in Manitoba

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Reading Time: < 1 minute CNS Canada — Corn prices in Manitoba may not be setting any records these days but they’re still likely high enough to spur an increase in the amount of corn planted this year, according to an industry watcher. “I would not all be surprised to see a 20 per cent increase. The value of corn […] Read more
(Cia.gov)
Corn, Crops, Markets, Reuters

China to let market decide its corn prices

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Reading Time: < 1 minute Beijing | Reuters — China will let the market decide its domestic state corn prices to help cap the country’s rising imports and record-high level of state reserves, a senior official was cited by state media as saying on Monday. “The direction of corn reform is… to let the market decide prices, and (state support) […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters, Weather

U.S. grain prices soar as floods shut waterways, threaten crops

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Reading Time: 3 minutes Chicago | Reuters — U.S. grain farmers scrambled to find shelter for their crops and handlers hunted for alternative transportation routes, as widespread floods shut waterways from Illinois to Missouri and spurred a surge in physical prices of corn and soybeans. The sudden jump in prices could complicate a months-long stand-off between farmers who are […] Read more
(HuskyEnergy.com)
Crops, Markets

Views mixed on impact of crude’s slip for ag markets

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Reading Time: 3 minutes CNS Canada — While just about everyone agrees the plunging price of oil will have a bearish effect on commodity prices, the size and impact of that fall seems to vary. As recently as Nov. 4, crude oil prices were $48.64 a barrel, but since then have fallen to US$37.86, as of Wednesday’s opening. Some […] Read more
(FIle photo by Allan Dawson)
Corn, Crops, Markets

Manitoba corn locked in sideways trading mode

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Reading Time: < 1 minute CNS Canada –– Manitoba corn appears locked into a sideways trading range for the foreseeable future, according to one industry watcher. From where the president of the Manitoba Corn Growers Association sits, it’s not surprising, given commodities’ bearish nature these days. “It’s not super-rosy; the (weak Canadian) dollar helps a bit, but we would like […] Read more

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