Reading Time: 2 minutes Corn and soybean prices rose at the Chicago Board of Trade during the week ended Oct. 23, 2024. However, wheat prices went lower during the same week.
CBOT Weekly: Corn, soybeans rising, wheat slipping
ICE Weekly: Production uncertainty, forthcoming Chinese action fueling canola’s upswing
January contracts climbs $36/tonne
Reading Time: 2 minutes Buyers for China and others scooping up as much canola as they can, fueling hike in Intercontinetal Exchange canola futures.
Fund short position in canola dips for fourth week
Reading Time: < 1 minute The net fund short position in canola declined for the fourth week in a row in mid-October, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).
ICE canola weekly outlook: Weak soybeans a “problem”
Reading Time: < 1 minute The ICE Futures canola market backed away from nearby highs during the week ended Oct. 16, as losses in Chicago soybeans and soyoil weighed on values. With the canola harvest in its final stages across Western Canada, the market will likely settle in a sideways range while looking to outside influences for direction.
Pulse weekly: Lentil market watching India dispute
Reading Time: 2 minutes An ongoing dispute between Canada and India involving the assassination of a Sikh man on Canadian soil has Canada's lentil market fearing that one of its largest trading partners may shut its doors to the pulse.
U.S. Grains: CBOT wheat, soy and corn fall as dollar rallies
Reading Time: 2 minutes Chicago wheat dropped for a second day on Friday, moving further from a 3-1/2 month high reached this week as a stronger dollar made U.S. exports look less attractive.
Second day of CAPI conference tackles ESG
ESG will be key to sustainability reporting in coming years
Reading Time: 3 minutes Day two of the Canadian Agri-Food Policy Institute (CAPI) Canadian Agri-Food in a Sustainable World conference in Ottawa focused on environment, social and governance (ESG) requirements. Panels covered ESG and the changing Canadian ag landscape from national and global perspectives.
China to grow more corn in 2024/25
Reading Time: < 1 minute Corn production in China is expected to increase to 293 million tonnes in 2024/25, said a report from the United States Department of Agriculture attache in Beijing, with improved yields overriding a slight reduction in harvested area.
Port workers to strike in Montreal
Reading Time: < 1 minute Workers at two Montreal port facilities are set to hold a three-day strike starting Sept. 30.
A message from April Stewart, Country Guide's Associate Editor
