Argentine farmers have closed the 2023/24 wheat campaign with a harvest of 15.1 metric tons, slightly lower than initially hoped for but up nearly a quarter versus the drought-hit previous season, the Buenos Aires grains exchange said on Tuesday.
Cereals
Argentina wheat harvest ends up 24 per cent year over year
Low prices dent economic impact
Motion to squash Bill C-234 amendments put to MPs
Pass the bill as-is now, or risk passing nothing at all says Bloc
Bill C-234, which would amend the Greenhouse Gas Pollution Price Act, was once again the subject of debate as Parliament resumed today. Conservative MP Ben Lobb tabled a motion to essentially reject the Senate’s amendments to the bill.
U.S. grains: Soy hits 2-yr lows on South American crop prospects, demand worries
Chinese demand less certain as real estate crisis deepens there
U.S. soybean futures fell to two-year lows below $12 a bushel on Monday, pressured by improving prospects for large South American harvests and worries about demand as top global soy buyer China struggles with a real estate crisis, analysts said.
USDA attaché reports from Canada, other countries
Drought, grasshoppers among concerns cited for Canadian Prairies
The Global Agricultural Information Network of the United States Department of Agriculture issued a series of reports during the week ended Jan. 26. Of those, some of them could have an affect on the North American markets.
Angry French farmers block highways in bid to step up pressure on government
Belgian farmers also protesting in Brussels
Long lines of tractors blocked highways near Paris and across France on Monday, as angry farmers sought to put pressure on the government to do more to help them weather inflation, compete with cheap imports and make a living.
Ukraine to punish firms for violating farm exports rules to Eastern Europe
Cheap Ukrainian exports have sparked protests in neighbouring countries
Ukraine on Monday said it has tightened rules related to certain food exports, imposing a six-month trading ban for any companies violating the regulations, to ease tensions with bordering countries.
U.S. grains: Soybeans, corn pressured by South American supply prospects
Outlooks for large soy and corn crops in Argentina, optimism about Brazil's harvest set the tone
U.S. soybean futures sank to a one-week low on Friday and corn fell more than 1 per cent as traders focused on improving prospects for South American harvests, analysts said.
Prairie wheat weekly outlook: U.S. futures raise Western Canadian bids
Total wheat production expected to increase to 33.3 million tonnes; total wheat carryout to 4.2 million
The relatively low prices created some interest in the export market. The U.S. Department of Agriculture (USDA) reported net wheat export sales of 451,400 tonnes in its weekly report on Jan. 25, down 36 per cent from the previous week but up 45 per cent from the four-week average. Recent severe cold weather in the northwestern U.S. Plains may have also caused some crop damage.
U.S. grains: Soybean, soyoil futures slide on weak demand
KC wheat firms on demand optimism
U.S. soybean futures Sv1 fell 1.4 per cent on Thursday, pressured by weak export demand for U.S. supplies of the oilseed given strong competition from Brazilian supplies, along with sliding values for soybean oil, traders said.
Farmers demand incentives for environmental changes
A final strategy was to be released in late 2023 but feds now say it will be sometime this year
A federal environmental strategy for the agriculture sector should be viewed through an economic lens, says a report from consultations on the proposed Sustainable Agriculture Strategy.