Reading Time: 2 minutes CNS Canada –– The ongoing U.S. harvest has pressured CBOT corn and soybeans in recent sessions, but support for the commodities will ramp up long-term, moving prices higher, according to a U.S. analyst. “I think you’re going to see demand improve and you’re going to see weather problems in South America emerge,” said Sean Lusk, […] Read more
CBOT weekly outlook: Corn, soybean prices expected to rise
ADM increases stake in Wilmar
Reading Time: < 1 minute Chicago | Reuters — U.S. grains trader Archer Daniels Midland has increased its stake in Wilmar International of Singapore, in its latest bid to expand in Asia. ADM’s purchases represented about 22 per cent of Wilmar shares traded on Singapore’s exchange on Tuesday, Wilmar said in a regulatory filing. Wilmar shares reached their highest price […] Read more
U.S. grains: China woes push soy to six-year low, soyoil to nine-year low
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures dropped to their lowest levels in over six years on Monday and soyoil touched a nine-year low as concerns about China’s faltering economy fuelled selloffs in commodities and equities markets. Broad selling pressured markets early as investors rushed for the exits after stock prices in China, the world’s […] Read more
Study finds Manitoba ready for soy crushing
Reading Time: 3 minutes The rise of soybeans as a cash crop in and around Manitoba, and the availability of hogs to dine on soy meal, could support Western Canada’s first-ever soybean crushing plant, a new study finds. The feasibility study, run by Winnipeg-based Mercantile Venture Consulting and backed by the federal and Manitoba governments, shows a Manitoba crushing […] Read more
A message from April Stewart, Country Guide's Associate Editor
