Cereals Archives - Page 214 of 761

File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)

Louis Dreyfus suspends operations in Russia

By Reuters, GFM Network News March 5, 2022

Paris | Reuters — Louis Dreyfus Co., (LDC), one of the world’s largest agricultural commodity merchants, has suspended its operations in Russia, it said on Friday. LDC did not provide further details in an emailed response to a question about the impact of Russia’s invasion of Ukraine on its activities. Like other crop traders, it […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Russia-Ukraine conflict fuels price rallies

U.S. wheat futures way up on week

By GFM Network News March 5, 2022

MarketsFarm — Russia’s ongoing invasion of Ukraine has not only sparked a conflict between two of the world’s major wheat exporters, but also limit-up price rallies for wheat futures during the week ended Thursday. As sanctions grow against Russia, as well as uncertainty over access to Ukrainian ports on the Black Sea, fears of a […] Read more

CBOT May 2022 wheat (candlesticks) with K.C. May 2022 wheat (orange line) and MGEX May 2022 spring wheat (yellow line). (Barchart)

Crops

U.S. grains: CBOT wheat posts record weekly rise as Ukraine war drives volatility

CBOT corn touches highest price since 2012

By Tom Polansek, GFM Network News March 4, 2022

Chicago | Reuters — Chicago Board of Trade wheat futures posted their biggest-ever weekly gain as prices on Friday jumped by their daily limit on deepening fears that Russia’s attack on Ukraine will cause prolonged disruptions to exports from the Black Sea region. Trading was volatile amid uncertainty over how much global demand may shift […] Read more

Aerial view of AGT Foods’ pulse plant at Aberdeen, Sask. (AGTFoods.com)

Crops, Oats

AGT building oat milling plant in Saskatchewan

By Dave Bedard, GFM Network News March 4, 2022

Regina pulse processor AGT Foods plans to bulk up its portfolio in the plant-based ingredients business with a new oat milling operation in central Saskatchewan. The company on Thursday announced it would start construction “immediately” on the new operation, to be housed in an expansion of its existing processing plant just east of Aberdeen, about […] Read more

CBOT May 2022 wheat (candlesticks) with 20-day moving average (dark green line) and CBOT July 2022 and September 2022 wheat (yellow and orange lines). (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat extends run to 14-year high on Russia-Ukraine supply threat

U.S. studying biofuel waiver to fight food inflation

By Tom Polansek, GFM Network News March 4, 2022

Chicago | Reuters — Chicago Board of Trade wheat futures galloped to another 14-year high on Thursday as Russia’s invasion of Ukraine increasingly fanned fears of massive disruptions to grain exports from the Black Sea region. Wheat and corn futures advanced by their daily trading limits during a volatile session, though the corn market later […] Read more

Crops, Machinery

CP conductors vote in favour of mid-March strike action

By Dave Bedard, GFM Network News March 3, 2022

Unionized conductors and train and yard service staff with Canadian Pacific Railway (CP) have voted in favour of strike action which could begin as early as March 16. The Teamsters Canadian Rail Conference – Conductors, Trainpersons and Yardpersons (TCRC-CTY) announced Monday that a strike vote it conducted through February went 96.7 per cent in favour […] Read more

CBOT May 2022 wheat (candlesticks) with Bollinger bands (20,2) and CBOT December 2022 wheat (orange OHLC). (Barchart)

Crops, Markets, Reuters

U.S. grains: CBOT wheat hits 14-year peak in volatile trading

Soyoil sets record high before retreating

By Tom Polansek, GFM Network News March 2, 2022

Chicago | Reuters — Chicago Board of Trade wheat futures rose by their daily limit to a 14-year high on Wednesday as the war in Ukraine raised major concerns about grain supplies that will be available from the Black Sea region. Corn futures reached their highest price since December 2012, when the market set an […] Read more

Columns, Crops

How to develop potassium fertilizer recommendations

When, where and how much potassium is needed for your crops

By Ross H. McKenzie March 2, 2022

In previous Grainews issues, I have discussed how to develop nitrogen (N) and phosphorus (P) fertilizer recommendations. In this issue, I will focus on the development of potassium (K) fertilizer recommendations. Most crops take up potassium in relatively high amounts, often similar to nitrogen. About 25 to 30 per cent of Prairie soils are estimated […] Read more

Crops, Reuters

Bunge says sanctions may have ‘adverse effect’ on Russian operations

By GFM Network News March 2, 2022

Reuters — Global agricultural commodities trader Bunge said continued conflict in Ukraine and stinging sanctions on Russia could have an “adverse effect” on its operations in the breadbasket region. Bunge and rival agribusinesses ADM and Cargill suspended operations in Ukraine last week after Russia invaded its neighbour. But none have stopped their business in Russia […] Read more

Crops, Reuters

Canada shuts ports to Russian ships over Ukraine invasion

Russian firms' Canadian holdings also under scrutiny, Freeland warns

By GFM Network News March 2, 2022

Toronto | Reuters — Canada ratcheted up pressure on Russia for its invasion of Ukraine by shutting ports to Russian-owned ships and saying on Tuesday that holdings of all Russian oligarchs and companies in the country are under review. Canada has announced a slew of measures to isolate Russia, including imposing sanctions on Russian President […] Read more

GFM Network News

‘Nothing bullish’ for sliding oats market

Thirty-six employers banned from Temporary Foreign Worker program, federal agency says

Tyson, Cargill to pay $88 million to consumers in U.S. beef price-fixing lawsuit

Cereals