Chicago soy futures eased on Wednesday, pushed lower by Tuesday's U.S. Department of Agriculture report that forecast higher-than-expected U.S. soybean stocks, and continued concerns over weak Chinese demand for U.S. soy, analysts said.
U.S. grains: Soybean futures fall on weak Chinese demand, mounting supplies
ICE Canada Weekly: Canola set to climb higher
Supplies getting tighter
Canola has been on something of a tear for about a month with increases in 16 of its last 20 sessions on the Intercontinental Exchange as of Feb. 12. Despite a great amount of political chaos surrounding all of the markets, the Canadian oilseed is poised to climb higher for the rest of February, said broker Tony Tryhuk of RBC Dominion Securities in Winnipeg, Man.
Drought leaves Canadian farmers unpaid
Failure of unlicensed companies, complaint deadline, insufficient security seen as holes in farm support
Hundreds of Canadian farmers have received delayed payments for their crops or not been paid at all, as a growing number of grain-buying firms declare bankruptcy amid drought and low commodity prices, according to interviews with dozens of farmers, a government agency, and a review of bankruptcy documents.
U.S. grains: Corn, soy fall after USDA pegs US supply above forecasts
Chicago corn and soy futures drifted down on Tuesday after the U.S. Department of Agriculture projected U.S. end-of-season supplies above market expectations in a monthly supply-and-demand report, analysts said.
Early flooding has little effect on soybean oil, protein composition U.S. study suggests
While flooding substantially decreases soybean yields, it needn't impact seed composition, including protein and oil contents, a recent University of Arkansas study found.
Soil carbon measurement and verification system launched
CANZA project to give producers quick, cost-effective tool to help measure, manage and monetize soil carbon
The Canadian Alliance for Net-Zero Agri-food (CANZA) is launching a measurement verification reporting (MRV) system for reporting soil carbon.
Editor’s Rant: Canadian graffiti
The government's conditions for a Bunge/Viterra marriage left much to be desired
I’ve got to admit, I’ve never fully understood the geometry behind federal regulators’ decisions on which assets a company has to sell in exchange for clearance on a big merger or takeover. There may well have been a solid reason why, after Husky sold off its retail gas stations in 2022, our neighbourhood wound up […] Read more
U.S. grains: Chicago soybean, wheat futures falter on tariff fears
Chicago wheat and soybean prices came under pressure on Monday after U.S. President Donald Trump said he will impose punitive tariffs on aluminum and steel imports, raising concern over potential retaliation against U.S. grain and oilseed exports, analysts said.
Bayer betting on Prairie camelina
Saskatoon-based Smart Earth has been working to optimize the oilseed
A Saskatoon company’s camelina catalogue is expected to go to develop new farmed fuels under Bayer’s guidance. Bayer announced in January it has closed a deal to buy the camelina germplasm and intellectual property assets of Smart Earth Camelina Corp. There’s been a fair amount of ink over the past 20-odd years about camelina and […] Read more
Expect smaller margins for error in 2025
Unless you're growing pinto beans, sharpen your pencils when calculating costs of production
Glacier FarmMedia — As of this writing it’s four and a half months until Canadian farmers will plant their next crop and at least eight months before the next harvest. But as of the middle of December, potential profits from growing grains, oilseeds and pulses are looking grim in Western Canada. “Costs have come down […] Read more
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