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(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Trade uncertainty weighs

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Reading Time: < 1 minute MarketsFarm — Lack of demand for corn exports has continued to drag prices on the Chicago Board of Trade (CBOT) and the U.S. dollar has been stronger recently, making exports even less attractive, according to Terry Reilly, a grains analyst with Futures International. In contrast, consistent soybean sales since Monday have provided some support to […] Read more
An excavator works on Parliament Hill on the morning of Oct. 22, 2019, the day after the federal election. (Photo: Reuters/Patrick Doyle)
General, Markets

Industry reacts to divided vote, minority government

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Reading Time: 2 minutes Ottawa — A regionally divided federal election resulting in a minority Liberal government leaves a clear challenge for Prime Minister Justin Trudeau and his caucus colleagues on how to handle the future of agriculture. Trudeau said clearly in his victory speech Monday night that Alberta and Saskatchewan are part of the country and will be […] Read more
(Gassen/iStock/Getty Images)
Crops, Markets, Reuters

Trump’s hailing of Chinese farm purchases seen as ‘meaningless’

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Reading Time: 3 minutes Beijing | Reuters — China is still a long way from forking out US$50 billion for farm goods from the United States, agriculture industry analysts said on Monday, cautioning that getting there is contingent on removing substantial technical and political hurdles. Outlining the first phase of a deal to end a trade war with China, […] Read more
CBOT December 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn jumps four per cent

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures surged more than four per cent on Friday while wheat and soybeans also firmed, buoyed by expectations for a partial U.S.-China trade deal and worries about wintry weather threatening crops in the Midwest, analysts said. Chicago Board of Trade December corn settled up 17-1/2 cents at $3.97-3/4 a […] Read more
File photo of cattle on grass in Montana. (Franckreporter/E+/Getty Images)
General, Markets, Reuters

Hopes for trade breakthrough fade as China cancels U.S. farm visits

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Reading Time: 2 minutes Chicago | Reuters — A U.S.-China trade deal appeared elusive on Friday after Chinese officials unexpectedly canceled a visit to farms in Montana and Nebraska amid two days of ongoing talks in Washington. Chinese officials were expected to visit U.S. farmers next week as a goodwill gesture, but canceled to return to China sooner than […] Read more
Food security is an issue in this election for 54 per cent of Canadians. (FatCamera/E+/Getty Images)
General, Markets

Food, farming not expected to be big election issues

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Reading Time: 2 minutes Canadians don’t think that food and agriculture will be a significant issue in the current federal election. A survey conducted Sept. 9 and released Tuesday by Angus Reid Global with the support of Dalhousie University’s Agri-Food Analytics Lab shows 31 per cent of Canadians believe food and agriculture will be a prime electoral issue during […] Read more
ICE May 2019 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Little to sustain canola bids in bear market

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Reading Time: < 1 minute MarketsFarm — Although there will be some bounces in ICE canola futures, there is very little currently to sustain any increases in bids, according to Errol Anderson of ProMarket Communications. While the market has stabilized for the time being, it’s technically oversold, Anderson said. The market can rebound $5-$10 per tonne, he said, but it’s […] Read more
(Ablokhin/iStock Editorial/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: African swine fever paralyzes futures

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Reading Time: 2 minutes MarketsFarm — Ahead of the U.S. Department of Agriculture’s next crop report due out March 29, market experts are looking to headlines for direction in the Chicago futures. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin return to China next week, with the goal of hammering out a trade deal in weeks to […] Read more
U.S. President Donald Trump and First Lady Melania Trump survey damage and are briefed by a FEMA official on March 8, 2019 in Beauregard, Alabama, where 23 people in Lee County were killed by tornadoes earlier in the week. (Photo: Reuters/Mike Theiler)
General, Markets, Reuters

Trump budget proposes steep subsidy cuts to U.S. farmers

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Reading Time: 2 minutes Washington | Reuters — U.S. President Donald Trump’s 2020 budget on Monday proposed a 15 per cent cut for the U.S. Department of Agriculture, calling its subsidies to farmers “overly generous” at a time when they are going through the worst crisis in decades because of depressed commodity prices and Trump’s trade tariffs. The Republican […] Read more

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