Benchmark U.S. corn futures fell nearly three per cent on Monday as worries about trade tensions and ample South American harvests appeared to spur commodity funds to liquidate more of their large net long positions, traders said.
As U.S. secretary of agriculture Brooke Rollins took the stage at the Commodity Classic in Denver about 2,500 farmers inside the Colorado Convention Centre leapt out of their seats and gave her a standing ovation.
Prairie farmers are welcoming the return of some important insecticides to the crop protection toolbox — although there’s still some headshaking over why use of the products was interrupted in the first place, and why it took two years for the federal Pest Management Regulatory Agency (PMRA) to re-evaluate registration data. Although producers such as […] Read more
Chicago corn was down sharply on Thursday as market players digested numbers from the U.S. Department of Agriculture's Outlook Forum as well as expectations of new U.S. tariffs on imports from Mexico and China, analysts said.
Chicago corn, soy and wheat eased on Wednesday as traders took profits and monitored the possible impacts of U.S. tariffs on imports from Mexico and Canada, set to take effect on March 4 after a 30-day delay.
Mexico's lower house of Congress on Tuesday approved a constitutional reform to ban the planting of genetically modified (GM) corn, a move that could lead to more tension with the United States after the resolution of a trade dispute, analysts said.
Canada and Mexico must build on a strong agricultural trade relationship to secure trade resilience in the face of U.S. tariffs, says Carlos Joaquin Gonzales, Mexico's ambassador to Canada.