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Cereals

(FIle photo by Dave Bedard)
Crops

Viterra to build new elevator near Winnipeg

New Rosser terminal to have five times the capacity

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Grain handler Viterra is set to replace a relatively small concrete elevator just northwest of Winnipeg with a new higher-throughput terminal. Glencore Agriculture’s Prairie grain arm said Thursday it will build a new high-throughput in the municipality of Rosser, Man., near the northwest corner of Winnipeg’s Perimeter Highway. The new site, connecting to Canadian Pacific […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, corn up with export demand

September wheat slips off recent high

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Chicago | Reuters — U.S. soybean futures rose on Thursday for a third straight session as top global soy buyer China booked more U.S. supplies of the oilseed, traders said. Corn also firmed while wheat futures fell on profit-taking following a three-week rally. Chicago Board of Trade November soybean futures settled up 8-1/4 cents at […] Read more
(TopconPositioning.com)
Crops, Machinery

Brandt closes GeoShack deal, locks up Topcon sales in Canada

Tractor company revives Ontario deal

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A deal to make Brandt Tractor the exclusive dealer for Topcon geopositioning equipment clear across Canada has been resuscitated. Regina-based Brandt announced Tuesday it has closed its previously-announced deal to buy the assets of GeoShack Canada — two weeks after Dallas-based GeoShack declared that “a mutually beneficial deal… has not been attained.” GeoShack has been […] Read more
CBOT September 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat highest since April

Spec buying, export talk lift September wheat; other crops follow

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Chicago | Reuters — U.S. wheat futures rose more than four per cent on Wednesday and touched a 2-1/2-month high as rising global cash prices and rumours of Chinese purchases triggered a round of speculative buying and short-covering, traders and analysts said. Soybean and corn futures also rose despite outlooks for generally favourable weather and […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy up after crop ratings dip

Corn sags despite sale to China

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Chicago | Reuters — U.S. soybean futures edged higher on Tuesday after weekly crop condition ratings declined, but improving weather in the Midwest crop belt kept a lid on rallies by backing expectations for large harvests, traders said. Corn closed lower, shrugging off news of a massive Chinese purchase of U.S. corn. Wheat firmed, buoyed […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy down as weather favours yield prospects

Trade monitoring Northern Hemisphere wheat crops

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Chicago | Reuters — U.S. corn futures fell more than two per cent on Monday, nearing a two-week low as Midwest weather forecasts turned milder for the crop’s key growth phase this month, raising the potential for a large harvest, analysts said. The rosy weather outlook also pushed soybean futures lower, and wheat followed the […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybeans drop on favourable weather

Chicago wheat jumps

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Chicago | Reuters — U.S. corn and soybean futures prices fell on Friday on expectations for beneficial rains in crop-growing areas and as President Donald Trump said the country’s relationship with trading partner China was severely damaged. A monthly U.S. Department of Agriculture (USDA) report pegged America’s harvests below analysts’ expectations, although the estimates were […] Read more
Crops, Reuters

Kazakhstan’s president says farmland won’t be sold to foreigners

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Almaty | Reuters — Kazakhstan will permanently ban sales of agricultural land to foreigners, President Kassym-Jomart Tokayev said on Friday, ending a long-running discussion about controversial land reform plans. Provisions that would have allowed foreign ownership of farmland prompted public protests throughout Kazakhstan in 2016. The government decided at the time to put off the […] Read more
CBOT September 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Wheat futures top two-month high on global harvest worries

Corn, soybeans firm as U.S. weather looks hotter, drier

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Chicago | Reuters — Chicago Board of Trade wheat futures on Thursday leapt to their highest prices in more than two months as the latest crop estimates in major exporting countries like Argentina, France and Russia raised questions about global supply. Corn and soybean futures also strengthened, as weather forecasts predicted more heat and dryness […] Read more

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