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Ardent Mills’ baking mix plant at Burlington, between Toronto and Hamilton, is now part of Michigan-based baking ingredient firm Dawn Foods. (ArdentMills.com)
Cereals, Crops

Ardent Mills sells Ontario bakery ingredient plant

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Reading Time: 2 minutes Flour miller Ardent Mills plans to push off further from the sweet baking ingredient business, with a deal to sell its southern Ontario ingredient mix plant. Denver-based Ardent said Monday it closed a deal the previous Friday to sell its Burlington, Ont. plant to U.S. bakery ingredient processor Dawn Foods. The deal’s financial terms weren’t […] Read more
(Dave Bedard photo)
Crops, Markets

Less canola, more barley area expected in next StatsCan report

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Reading Time: 2 minutes MarketsFarm — Canadian farmers will likely grow less canola and more barley in 2019, though the jury is out on exact acreage numbers ahead of Statistics Canada’s seeded area estimates due out Wednesday. Barley prices have hit “historic highs” thanks to inclement corn-growing weather in the United States, which has buoyed most feed grain prices. […] Read more
CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn down on profit-taking as planting ‘virtually done’

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures declined on Tuesday as government data showing a rain-delayed planting campaign was nearing an end encouraged a pause in a rally that took prices to a five-year high a day earlier. Wheat futures sank on profit-taking and competition for global export business. Soybeans edged higher, supported by ongoing […] Read more
CBOT July 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn sets five-year high, soybeans up on poor weather

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures touched a five-year high on Monday and soybeans advanced, supported by forecasts for more rains in the Midwest where wet conditions have delayed plantings and cast doubts on production prospects, analysts said. Chicago Board of Trade wheat closed modestly higher after a choppy session. CBOT July corn settled […] Read more
(Erdinhasdemir/iStock/Getty Images)
Crops, Markets

Canola export forecast raised for 2019-20

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Reading Time: < 1 minute MarketsFarm — Canadian canola exports in 2019-20 should beat earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada released Friday. While the improved exports will cut into ending stocks, the carryout is still forecast to be record-large. Citing a seasonal weather market rally and expectations for an increase in prevent planting acres […] Read more
(WWing/E+/Getty Images)
Barley, Canola, Crops, Spring Wheat

Visible Canadian canola stocks back above one million tonnes

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Reading Time: < 1 minute MarketsFarm — Solid deliveries into the commercial pipeline and lacklustre export movement saw visible Canadian canola supplies climb back above one million tonnes during the week ended June 9, according to the latest grain handling report from the Canadian Grain Commission. Farmers delivered 422,500 tonnes of canola during week 45 of the 2018-19 crop year […] Read more
CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn nears four-year high

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures neared a four-year high on Thursday, buoyed by worries about yield prospects for the delayed crop and firm cash markets, analysts said. Soybeans also advanced as weather worries threatened to curtail U.S. production of the oilseed, and wheat futures followed the firm trend. Chicago Board of Trade July […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops, Markets

USDA makes some changes to Canadian, world crop estimates

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Reading Time: 2 minutes MarketsFarm — Corn planting in Canada has been a struggle this year much like for farmers in the U.S., according to Tuesday’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA). USDA’s May WASDE report estimated Canadian corn production at 15.4 million tonnes, but wet conditions in Eastern Canada saw […] Read more
Photo: File
Crops, Reuters, Weather, Winter Wheat

Australia cuts wheat forecast by 11 per cent

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Reading Time: 2 minutes Sydney | Reuters — Australia on Wednesday cut its wheat production forecast for the 2019-20 harvest by more than 11 per cent as an unrelenting drought across the country’s east coast threatens crops for a third year in a row. The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) pegged production of the […] Read more

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