Cereals Archives - Page 313 of 762

Feed weekly outlook: Clearer picture of coming crop means lower prices

By GFM Network News August 13, 2020

MarketsFarm — Prices for feed barley and wheat have been trending lower recently, according to Brandon Motz of CorNine Commodities at Lacombe, Alta. While there has been some harvest pressure, Motz said “it’s more of an equalization of the crops. “We got through the crunch of July not knowing exactly where things were at. As […] Read more

CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Exports, storm damage offset big crop outlook

Corn, soy prices buck USDA forecasts; wheat rises on corn rally

By GFM Network News August 13, 2020

Chicago | Reuters — Chicago corn prices surged to a four-week high on Thursday as forecasts of warmer weather and worries over recent storm damage in the U.S. Midwest countered pressure from huge government harvest forecasts. The corn rally also boosted wheat, as traders continue to debate how much impact the drought hammering Argentina’s farm […] Read more

Crops, Reuters

Mexico to phase out use of glyphosate

Farmers to have until 2024 to phase out herbicide

By Reuters, GFM Network News August 13, 2020

Mexico City | Reuters — Mexico will gradually phase out use of the herbicide glyphosate by the time the current administration ends in late 2024, President Andres Manuel Lopez Obrador said on Wednesday, following a ministerial spat over the product. Acknowledging differences between his agriculture and environment ministries over the herbicide, which is used in […] Read more

CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn up after USDA confirms massive U.S. crops

Traders assessing damage from Midwest storm Monday

By GFM Network News August 12, 2020

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Wednesday as short-covering and position-squaring emerged after the U.S. Department of Agriculture confirmed expectations for massive crops, traders said. USDA, in a monthly report, said U.S. farmers will reap their biggest corn harvest and second-biggest soybean harvest, thanks to favourable weather. […] Read more

Conditions reported to AAFC’s Canadian Drought Monitor as of July 31, 2020. (Agr.gc.ca)

Crops, Weather

Most of Prairies to see little rain

By GFM Network News August 12, 2020

MarketsFarm — Warm and dry weather that has generated little precipitation across the Prairies is expected to continue in most areas, aside from southern Manitoba, according to two meteorologists. “Looks like the overall pattern isn’t going to be changing too much,” Scott Kehler of Weatherlogics said. “What you see is what you’re going to get,” […] Read more

A spray plane flies over a swarm of desert locusts at Lemasulani village in Kenya’s Samburu County on Jan. 17, 2020. (Photo: Reuters/Njeri Mwangi)

Crops, Reuters

Locust swarming pheromone identified in step toward curbing plagues

By Will Dunham, GFM Network News August 12, 2020

Washington | Reuters — Scientists have identified a chemical compound released by locusts that causes them to swarm, opening the door to possible new ways to prevent these insects from devouring crops vital to human sustenance as they have for millennia. Researchers said on Wednesday they identified the pheromone — that is, a chemical produced […] Read more

Crops, Markets

Thunder Bay grain exports continue at strong pace

By MarketsFarm Team, GFM Network News August 12, 2020

MarketsFarm — Grain shipments through the Port of Thunder Bay continue to run at a strong pace, with season-to-date volumes of 4.2 million tonnes up 26 per cent on the year. A total of 961,419 tonnes of grain were shipped through the port, located on the northern shores of Lake Superior, in July, port officials […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Corn futures tread water as Midwest’s farmers assess storm damage

Analysts still expect large U.S. harvest

By Tom Polansek, GFM Network News August 11, 2020

Chicago | Reuters — U.S. corn futures ended flat on Tuesday as traders and analysts predicted that farmers will harvest a large crop despite a damaging storm that tore across the U.S. Midwest on Monday. Soybean futures were steady, while wheat futures rose on technical buying. Farmers are assessing the damage to their corn from […] Read more

Crops, Markets

Containerized crops may get stuck in Montreal port’s strike

Longshoremen on 'indefinite' strike as of Monday morning

By Dave Bedard, GFM Network News August 11, 2020

Bulk grain traffic through the Port of Montreal isn’t expected to be affected by a longshoremen’s strike that began Monday morning, but eastbound containerized crops may be among the traffic put on hold. CUPE’s Syndicat des debardeurs Local 375, which represents about 1,150 longshoremen and longshorewomen at the port, served notice Friday that it would […] Read more

Crops, Markets, Reuters

Nutrien cuts profit forecast on weak ammonia prices

By Reuters, GFM Network News August 11, 2020

Reuters — Canadian fertilizer maker Nutrien on Monday cut its annual adjusted profit forecast as weaker-than-normal industrial demand held back prices for ammonia and urea ammonium nitrate. The company cut the top end of its 2020 adjusted earnings per share forecast to $1.90 from $2.10 earlier, while retaining the lower end at $1.50. Even as […] Read more

GFM Network News

Canadian trade data delayed by U.S. government shutdown

Sigurdson applauds Alberta farmers

U.S. grains: Soy, corn dip on farmer selling; U.S.-China trade talks in focus

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