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(Medioimages/Photodisc/Getty Images)
Crops, Markets, Reuters

CBOT weekly update: U.S. Fed decision one of many factors 

Russia’s withdrawal from Black Sea Grain Initiative, attacks on Ukrainian ports have caused erratic price movement

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Marketsfarm – The decision by the United States Federal Reserve on July 26 to raise its key interest rates mostly served as a distraction on the Chicago Board of Trade (CBOT) from other events affecting grain futures.  The central bank continued its efforts to wrangle inflation by pushing interest rates up 25 basis points to […] Read more
Photo: File/Allan Dawson
General, Markets, Reuters

EU looks to cover transport costs for Ukraine grain exports by land

About 60 per cent of Ukraine's exports were shipped via solidarity lanes when the Black Sea deal was in operation

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Brussels | Reuters – The European Union is ready to export almost all of Ukraine’s farm produce via “solidarity lanes” and help cover costs after Russia withdrew from a U.N.-backed Black Sea grain deal,  EU agriculture commissioner Janusz Wojciechowski said on Tuesday. Solidarity lanes are rail and road transport connections through EU member states that […] Read more
Photo: File
Canola, Crops, Markets

Fund position flips to net long in canola

The last time the market was showing a net long position was the first week of January

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MarketsFarm – The managed money position in canola flipped from a net short to a net long for the first time in six months during the week ended July 18, as fund traders covered short positions and put on new bullish bets, according to the latest Commitments of Traders report from the United States Commodity […] Read more
Photo: Greg Berg
Canola, Cereals, Crops, Markets, Pulses

AAFC lowers Canadian wheat ending stocks estimates

Drop in estimated oats carryout another notable adjustment

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 MarketsFarm – Canadian wheat ending stocks for both the current marketing year and 2023/24 (Aug/Jul) were revised lower by Agriculture and Agri-Food Canada’s market analysis division in its updated supply/demand estimates, released July 21, with tighter oats and pulse stocks also expected.  Wheat ending stocks for 2022/23 were lowered to 3.540 million tonnes by AAFC, […] Read more
(Climate FieldView photo)
Crops, Machinery

At Ag in Motion: Farmers gung-ho about digital integration system

'Having a single data point... was number one for us'

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For a committed user of the Climate FieldView digital integration system, Mike Ferguson had an unusual observation about himself. “I’m not a big technology guy,” said Ferguson, who with his wife Regan farms 3,000 acres at Melfort, Sask. But for him, using the various data-based management tools available in farming today isn’t just helpful, but […] Read more
Wheat being loaded onto a cargo ship in Vancouver in 2011. (File photo: Reuters/Ben Nelms)
Crops, Markets, Reuters

U.S. Grains: CBOT wheat futures dip after rally; corn, soybeans also lower

Wheat futures had risen in four of the previous five sessions

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Chicago | Reuters – Chicago Board of Trade wheat futures dipped on Thursday but remained near recent peaks as a third night of Russian attacks on Ukrainian ports renewed concerns about disruptions to exports needed to meet world demand and stave off rising food prices. Wheat futures had risen in four of the previous five […] Read more
Crop conditions in parts of western Saskatchewan have already dropped into crop insurance range, Burce Burnett says. (WeatherFarm video screengrab)
Crops, Markets, Weather

At Ag in Motion: Significant Prairie yield drop expected

'A lot of damage done' by drought, Bruce Burnett says

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MarketsFarm has released its first yield estimates for Western Canada’s crops and the outlook is grim. Analyst Bruce Burnett just recently completed a crop tour covering most of Saskatchewan. “Unfortunately, I don’t have a lot of good news on the crop front,” he told growers attending the Ag in Motion show in Langham, Sask. “There […] Read more
A seaport grain terminal damaged during Russian missile and drone strikes in Odesa region, Ukraine on July 19, 2023. (Photo: Ukrainian Infrastructure Ministry via Facebook/Handout via Reuters)
Crops, Markets, Reuters

Russia delivers Black Sea warning as Ukraine decries ‘hellish’ grain port attacks

Russian missiles strike Odesa for second night in a row

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Kyiv | Reuters — Russia warned that from Thursday any ships sailing to Ukraine’s Black Sea ports would be seen as potentially carrying military cargoes, as Kyiv accused Moscow of carrying out “hellish” overnight strikes that damaged grain export infrastructure. Russia attacked the Odesa region for the second consecutive night after quitting on Monday a […] Read more
Photo: Thinkstock
Canola, Markets

ICE weekly outlook: C$900 per tonne in reach for canola 

Black Sea deal's end, Russian attack on Odesa, pushing all prices up

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MarketsFarm – Sporadic rainfall across the Prairies has not been enough to stop canola’s upward momentum during the week ended July 19, while a pair of other factors are fueling the oilseed’s rise.  The November canola contract went from settling below the C$800 per tonne mark (C$797.50/tonne) on July 12 to exceeding the C$850 mark […] Read more

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AgCanadaTV: In case you missed it; your national ag news recap for April 10, 2026

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