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

CBOT weekly outlook: Corn, soy markets see little action

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Reading Time: 2 minutes CNS Canada — One trader isn’t expecting much movement on Chicago Board of Trade (CBOT) corn and soybean markets until harvest starts in the U.S. Midwest. “I’m looking (past) all the (information) that we see every day and hear. We wait until the combines roll, they tell you the truth,” said Scott Capinegro of Barrington […] Read more
Grain storage at a Russian seaport. (Pridannikov/iStock/Getty Images)
Crops, Markets, Reuters

U.S. grains: Wheat tops one-week high on Russia export concerns

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Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures jumped to their highest prices in more than a week on Friday on concerns that top-exporter Russia may curb grain exports, traders said. Russia will consider restricting 2018-19 shipments once they reach 30 million tonnes, following a request from meat-producing regions, according to traders who met with the […] Read more
G20 agriculture ministers on July 28, 2018 at La Rural in Buenos Aires, Argentina. (G20.org)
General, Markets, Reuters

G20 ag ministers slam protectionism, pledge WTO reforms

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Reading Time: 2 minutes Buenos Aires | Reuters — Agriculture ministers from the G20 countries criticized protectionism in a joint statement on Saturday, and vowed to reform World Trade Organization (WTO) rules, but did not detail what steps they would take to improve the food trade system. In the statement, they said they were “concerned about the increasing use […] Read more
(Simazoran/iStock/Getty Images)
Crops, Markets, Reuters

U.S. grains: Soy jumps as U.S. readies aid for farmers

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Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to two-week highs on Tuesday as the Trump administration said it would provide up to US$12 billion in aid to shield U.S. farmers from economic pain stemming from trade disputes. The program will include direct payments for farmers, and those who grow soybeans are expected to be […] Read more
(Photo courtesy Canada Beef Inc.)
Finishers, Livestock, Markets

Klassen: Stronger demand sustains feeder cattle market

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Reading Time: 2 minutes Western Canadian feeder cattle markets were relatively unchanged from week-ago levels. Feeder cattle numbers are declining at this time of year, so those buyers looking to secure ownership had to be more aggressive. Higher-quality packages were available in Saskatchewan, which traded at a small premium to Alberta markets. In central and southern Alberta, there appeared […] Read more
(Dave Clark photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Corn at contract lows, soy dips below $9

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to life-of-contract lows on Monday and soybeans briefly dipped below US$9 a bushel for the first time since 2016 as favourable weather outlooks bolstered yield prospects and trade tensions threatened export demand, analysts said. Chicago Board of Trade soft red winter wheat futures also sagged and K.C. […] Read more
(Video screengrab from Macdon.com)
Crops, Forages, Machinery

Amid trade uncertainties, Linamar builds up ag unit

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Reading Time: 2 minutes CNS Canada — When Linamar announced it was purchasing MacDon Industries at the end of last year, there was trade uncertainty for Canada. Since then, the issues have ballooned, but Linamar isn’t panicking. “We’re trying to look past (the trade uncertainty) a little bit because there’s a lot going on there and we don’t know […] Read more

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