A view of the “Bridge of No Return” from the South Korean side of the DMZ between North and South Korea. (Bob Hilscher/iStock/Getty Images)

North Korea faces food crisis after poor harvest, UN says

Reading Time: 2 minutes Geneva | Reuters — Four in 10 North Koreans are chronically short of food and further cuts to already minimal rations are expected after the worst harvest in a decade, the United Nations said on Friday. Official rations are down to 300 grams (10.6 ounces) per person per day, the lowest ever for this time […] Read more


U.S. grains: Wheat futures tumble on increasing global supply estimates

U.S. grains: Wheat futures tumble on increasing global supply estimates

Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures slumped on Tuesday with strong crop ratings and increased forecasts for global harvests pushing Chicago Board of Trade wheat to a one-month low. Wheat prices came under pressure after the U.S. Department of Agriculture, in a weekly report issued late on Monday, rated 60 per cent […] Read more

CBOT March 2019 corn (orange) and March 2019 soybeans (green). (Barchart)

CBOT weekly outlook: All eyes on March 1 trade deadline

Reading Time: 2 minutes As high-level trade talks are underway in Beijing this week between the U.S. and China, commodity markets are watching carefully, said an analyst following the Chicago Board of Trade. “All eyes are on March 1,” said Steve Georgy of Allendale Inc. Should negotiators fail to make any progress toward resolving the U.S./China trade war, the […] Read more


USDA’s main home page on Jan. 11, 2019. (GFM Staff photo)

U.S. shutdown sends grain traders, farmers hunting for data

Reading Time: 3 minutes Chicago | Reuters — When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown, the phones at crop forecaster Gro Intelligence blew up. The USDA was set to release its views on the projected size of U.S. soybean stockpiles, among […] Read more

(Dave Bedard photo)

December StatsCan report could vary from years past

Reading Time: 2 minutes CNS Canada — After this fall’s long, drawn-out harvest, some analysts predict Statistics Canada’s final Production of Principal Field Crops numbers could vary from the usual pattern. StatsCan’s report, due out Thursday, is a “very uncertain” report “because that was probably one of the most bizarre falls we’ve ever had on the Prairies,” said Ken […] Read more


(Photo courtesy Canaryseed Development Commission of Saskatchewan)

Canary seed market seen as dull, static

Reading Time: 2 minutes CNS Canada — Prices for canary seed over the last 15 months have fluctuated between 20 and 23 cents/lb. delivered in Western Canada, and there’s little chance that will change any time soon. To David Nobbs, managing partner of Canpulse Foods in Saskatoon and a director with the Canaryseed Development Commission of Saskatchewan, the canary […] Read more



CBOT December 2018 corn (orange) and January 2019 soybeans (green). (Barchart)

CBOT weekly outlook: Markets quiet heading into holidays

Reading Time: 2 minutes CNS Canada — Traders aren’t expecting much to move corn and soybean markets in upcoming weeks as the U.S. moves into holiday mode. “These markets are going to just be very choppy and of course we’re going into December and nobody likes to work (during the holiday season). There’s more parties, Washington goes on Christmas […] Read more

CBOT January 2019 soybeans, with 20-day moving average. (Barchart)

U.S. grains: Soybeans higher on slow harvest pace

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose on Wednesday on a slower-than-expected harvest pace and news of fresh export sales, although plentiful global supplies kept a lid on the market, analysts said. Wheat futures fell on sluggish export demand while corn futures ended narrowly mixed. Chicago Board of Trade January soybean futures settled up […] Read more