CBOT December 2023 corn with 20- and 50-day moving averages. (Barchart)

U.S. grains: Corn, soy, wheat futures sag as beneficial rains hit South America

Rains benefit Argentina's core farmland

Chicago | Reuters — U.S. grain and soybean futures ended lower on Wednesday as favourable rains reached crop belts in South America and the U.S., analysts said. Traders are watching global weather after drought has hurt crop production in Argentina and the U.S. Plains and slowed soybean plantings in Brazil. South American conditions are particularly […] Read more



(Photo: Dave Bedard/File)

Little change in AAFC’s October supply/demand outlook

Canola, wheat, pea carryout estimates unchanged

MarketsFarm — Supply/demand estimates for Canadian grains and oilseeds saw little change in the latest outlook for principal field crops from Agriculture and Agri-Food Canada (AAFC) released Monday. Canola ending stocks for 2023-24 were left unchanged at one million tonnes, which compares with the 2022-23 level of 1.506 million tonnes. Canadian canola exports in 2023-24 […] Read more

CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn dips on harvests, technical selling

CBOT soymeal climbs to seven-month high; Chinese ag companies sign U.S. purchase deals

Chicago | Reuters — Chicago Board of Trade corn futures fell for a third straight session on Tuesday and neared a two-week low under pressure from U.S. harvesting and technical selling, analysts said. Wheat futures also eased, while soybeans and soymeal jumped. A quick harvest pace for U.S. corn and soy is expected to continue […] Read more


CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybean, corn futures weaken as harvests progress

CBOT wheat rises on bargain buying

Chicago | Reuters — Chicago Board of Trade soybean futures finished lower on Monday as advancing U.S. harvests uncovered strong yields and increased farmers’ sales of their crops, analysts said. Pressure from harvests also hung over corn futures. U.S. farmers have finished harvesting 76 per cent of the country’s soybeans and 59 per cent of […] Read more

(TDTT/iStock/Getty Images)

Seed regulation consultation results released

CFIA 'anticipates' more consultations this winter

The Canadian Food Inspection Agency is getting closer to updating its seed regulations. On Monday, the agency released a “What We Heard” report summarizing the responses of 315 individuals and groups who participated in an online survey from Feb. 15 to May 1. The CFIA is looking to update seed regulations to “reduce complexity, protect […] Read more


File photo of locks on the Welland Canal at Allanburg, Ont. (Jimfeng/iStock/Getty Images)

Seaway workers’ strike underway

Management awaiting CIRB ruling on grain traffic

Unionized workers on the St. Lawrence Seaway walked off the job just after midnight Sunday, shutting the waterway to all cargo vessels including grain traffic for now. Unifor, which represents about 360 Seaway workers across five locals in Ontario and Quebec, had served Seaway management with 72 hours’ strike notice on Wednesday. In a release […] Read more

File photo of locks on the Welland Canal at Allanburg, Ont. (Jimfeng/iStock/Getty Images)

Seaway to seek order exempting grain traffic from strike action

Management, union say talks still ongoing

Facing a strike that would shut down traffic on the waterway as early as Sunday, the St. Lawrence Seaway Management Corp. has asked for an order confirming that grain would need to continue moving. Unifor, the union representing over 360 seaway workers across five union locals in Ontario and Quebec, on Wednesday served the corporation […] Read more


CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn drops back below US$5

Soybeans down off one-month high

Chicago | Reuters — Chicago Board of Trade corn futures closed lower after hitting their highest price since August on Friday, while soybean futures retreated from a one-month high. Traders took profits after the markets rose earlier on concerns about a drought in Brazil disrupting grain shipments on rivers and slowing soy plantings, analysts said. […] Read more