Reading Time: 2 minutes As canola futures try to regain the ground lost during the week of March 10, the longer term outlook for the oilseed is very unknown, according to risk advisor and trader John De Pape of The Trading Floor.
Tag Archives United States
ICE Canada Weekly: Canola approaching uncertainty
Pulse Weekly: Pulse Canada asks for ‘predictable, fair and equitable’ trade
Cherewyk gives reminder of Canada-U.S. relationship
Reading Time: < 1 minute Pulse Canada president Greg Cherewyk said his organization will promote fair trade with its U.S. counterparts despite lingering tariffs.
CBOT Weekly: Headlines dictate U.S. futures
Tariff threats, weather cause up-and-down trade
Reading Time: 2 minutes Tariff threats from U.S. President Donald Trump as well as weather concerns at home and abroad are creating a roller-coaster ride for U.S. grain futures during the week ended Jan. 22, 2025.
Pulse Weekly: Looking at price shifts in 2024
Production up for most Canadian pulses
Reading Time: 2 minutes Pulses in Canada had quite the year in 2024 with prices closing out the calendar year in the middle of their trading ranges. Production was higher on the year for most pulses. Dry pea output in Canada rose to just short of three million tonnes, up from the 2.61 million harvested in 2023, according to the Statistics Canada principal field crop report issued Dec. 5.
Pulse Weekly: Prices for Kabuli chickpeas softer to sideways for balance of 2024
Prairie heatwave results in more smaller chickpeas
Reading Time: 3 minutes Prices for Kabuli chickpeas are likely to be softer to sideways heading into the new year, said Colin Young of Midwest Grain Ltd. in Moose Jaw, Sask.
US suspends Mexican cattle imports after New World screwworm case
Reading Time: < 1 minute The United States has temporarily paused imports of Mexican cattle after a case of New World screwworm (NWS) was identified at the lakeside town of Catazaja in southern Chiapas state, the Mexican government said on Sunday.
U.S. lawmakers want risks posed by Chinese agriculture drones addressed
Reading Time: < 1 minute Reuters – A dozen U.S. lawmakers on Friday urged the Biden administration to address the use of Chinese manufactured agriculture drones, saying their use on American farms poses national security risks. The House Republicans, including Representatives Elise Stefanik, Ashley Hinson and John Moolenaar, who chairs a select committee on China, asked the U.S. Agriculture Department and Cybersecurity […] Read more
USDA forecasts smaller drop in 2024 farm income
Reading Time: 2 minutes Chicago | Reuters – U.S. farm income will fall for a second consecutive year in 2024, but not as much as previously expected as prices of livestock and egg products boom and production expenses ease, the U.S. Department of Agriculture said on Thursday. Declining farm income could ripple across the rural economy in a presidential […] Read more
U.S. to spend $7.3 billion on rural clean energy projects
Reading Time: < 1 minute Reuters – President Joe Biden’s administration on Thursday said the U.S. will spend $7.3 billion from 2022’s Inflation Reduction Act to fund clean energy projects helmed by rural electric cooperatives. The 16 funded projects will reduce energy costs and increase reliability for rural Americans, who tend to pay more for energy, the White House said. […] Read more
Low water on Mississippi River impacts barges, grain exports ahead of harvest
Reading Time: 2 minutes Chicago | Reuters – Low water conditions have led to several barges running aground along a key stretch of the lower Mississippi River, the U.S. Coast Guard told Reuters on Wednesday, just as the busiest U.S. grain export season gets underway. Low water levels are slowing export-bound barge shipments of grain and oilseeds from the […] Read more