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Trucks wait for crossing into Poland at the Rava-Ruska border checkpoint in Ukraine’s Lviv region on April 17, 2023. (Photo: Reuters/Roman Baluk)
Crops, Markets, Reuters

EU extends restrictions on Ukrainian grain imports

Restrictions won't apply to seed for planting

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Warsaw/Brussels | Reuters — The European Commission said Monday it was extending until Sept. 15 an arrangement whereby five of Ukraine’s EU neighbours can restrict imports of Ukrainian grain. The EU on May 2 allowed the five countries — Bulgaria, Hungary, Poland, Romania and Slovakia — to ban domestic sales of Ukrainian wheat, maize, rapeseed […] Read more
CBOT July corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soybean futures sag on demand woes

U.S. wheat futures firm

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Chicago | Reuters — Chicago Board of Trade corn and soybean futures fell on Monday, retreating from gains made during the overnight trading session on signs that already light export demand for U.S. supplies had weakened further, traders said. Wheat futures were firm, with the biggest gains being notched by K.C. hard red winter wheat […] Read more
CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy up on weather worries, macroeconomic optimism

Black Sea tensions, China weather support wheat

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Chicago | Reuters — U.S. corn and soybean futures closed higher on Friday, lifted by bargain-buying following this week’s multi-month lows, dryness in the Midwest crop belt and spillover strength from equities and crude oil, traders said. Wheat followed the firm trend, drawing additional support from weather concerns in China and tensions over a shipping […] Read more
A Belize-flagged bulker, carrying grain under UN’s Black Sea Grain Initiative, transits the Bosphorus at Istanbul on May 12, 2023. (File photo: Reuters/Yoruk Isik)
Crops, Markets, Reuters

Ukraine says Russia again blocking Black Sea grain export deal

Russia seeks ammonia transit via Pivdennyi

By
Kyiv | Reuters — Ukraine’s ministry of renovation and infrastructure said on Thursday the U.N.-brokered Black Sea grain export deal had been halted again because Russia had blocked registration of ships to all Ukrainian ports. A U.N. spokesman said Russia had informed officials overseeing the initiative that Moscow would limit registrations to the port of […] Read more
Pea leaf weevil. (Alberta Agriculture photo)
Crops, Weather

Insects posing problems in Saskatchewan crops

Grasshopper, flea beetle damage already reported

By
MarketsFarm – Although it’s still early in the growing season, some insect pests have already posed a threat to crops in Saskatchewan or could do so in the near future, according to James Tansey, provincial specialist for insects/invertebrate pest management. Among the pests he cited were grasshoppers, flea beetles and pea leaf weevils.  Tansey said […] Read more
CBOT July 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Weather worries lift soybeans, new-crop corn

CBOT July wheat also climbs

By ,
Chicago | Reuters — U.S. soybean futures rose on Thursday on worries about dryness building in the Midwest crop belt, while a setback in the dollar and speculative buying at the start of a new month lent additional support, analysts said. Chicago Board of Trade (CBOT) wheat climbed 2.8 per cent, extending Wednesday’s rebound from […] Read more
J.P. Morgan’s estimate puts the market cap of a combined Bunge and Viterra at around US$25 billion.
Crops, Markets, Reuters

Bunge, Viterra merger would create global ag trading giant

Companies have some overlap in Canadian crushing

By
Reuters — A merger of U.S. grains merchant Bunge Ltd. with rival Viterra would grow the combined entity’s businesses in the U.S., Brazil and Australia and may raise competition concerns in parts of Canada and Argentina, where key oilseed processing assets overlap, analysts said. Sources last week said Bunge and Viterra were in talks for […] Read more
CBOT July 2023 soft red winter wheat with Bollinger bands (20,2), MGEX July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat bounces off 2-1/2 year low

Corn, soy futures pare losses

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Chicago | Reuters — Chicago wheat futures closed higher on Wednesday on a round of bargain buying after the benchmark July contract dipped to its lowest level in nearly 2-1/2 years, dragged down by strong competition for export business and macroeconomic worries, brokers said. Similarly, U.S. corn and soybean futures recovered from steep declines, with […] Read more
CBOT July 2023 soft red winter wheat with 20- and 50-day moving averages, MGEX July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn, soy fall on uncertain demand, weather

Sagging equities, crude oil also bearish on grains

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Chicago | Reuters — U.S. wheat, corn and soybean futures tumbled on Tuesday, pressured by macroeconomic worries, strong competition for global grain export business and some forecasts for beneficial Midwest rains next month that could bolster production prospects, analysts said. “The wetter outlook removed the one factor providing stability for the grain and oilseed markets, […] Read more

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