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US reopens key rail crossings between Texas and Mexico

American, Mexican agriculture groups express relief

U.S. Customs and Border Protection (CBP) said operations resumed at 2 p.m. ET at the international railway crossing bridges in Eagle Pass and El Paso, Texas. The closures had prompted alarm from railroads, the agriculture industry and some lawmakers over the economic impact to halted export trade.

(Photo courtesy Canada Beef Inc.)

More local barley destined for rations, but U.S. corn still moving

Prior to drought year 2021/22, Canadian corn imports had rarely topped two million tonnes

Recently revised supply/demand tables from Agriculture and Agri-Food Canada raised the forecast for domestic barley usage in the current crop year to 6.155 million tonnes. That compares with an earlier forecast of 5.471 million tonnes. If realized, that would be up by roughly 200,000 tonnes from the previous year.









Photo: Canstock

Speculative net short position in canola hits new record

CBOT long liquidation saw the net long position in soybeans dip

The net short position in canola futures climbed to a new record large level in mid-December, as speculators added to their bearish bets for the second week in a row, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).