Oilseeds Archives - Page 299 of 693

A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)

Rail unloads at Vancouver, Thunder Bay ahead of last year’s pace

By GFM Network News July 9, 2020

MarketsFarm — The numbers of railcars unloaded at each of Canada’s major grain ports varies as to whether they’re ahead of last year’s pace, according to a report from Quorum Corp. Terminal unloads at Vancouver jumped 22 per cent during week 47 of the 2019-20 crop year, compared to the same week in 2018-19. For […] Read more

Crops

CP, CN break records for grain shipments

By GFM Network News July 9, 2020

MarketsFarm — Both of Canada’s major railways moved record-breaking amounts of grain in June and set records for the most grain moved in a fiscal quarter. Canadian National Railway (CN) reported moving 2.7 million tonnes of grain to ports during the month of June, while Canadian Pacific Railway (CP) moved 2.76 million tonnes. Similarly, CN […] Read more

Crops, Reuters

Bayer puts Roundup future claims settlement on hold

Judge questions proposal for third-party scientists to rule on chemical's carcinogenicity

By GFM Network News July 9, 2020

Frankfurt | Reuters — Bayer was forced on Wednesday to delay part of a proposed settlement of allegations that its widely used herbicide Roundup caused cancer after a U.S. judge questioned its plan to deal with future claims. The German company said that lawyers representing those preparing a class action had withdrawn a request for […] Read more

ICE November 2020 canola with 20-, 50- and 200-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola nears resistance

By Phil Franz-Warkentin, GFM Network News July 9, 2020

MarketsFarm — ICE Futures canola contracts hit their strongest levels in three months during the first week of July, but appear to be running into resistance from a chart standpoint. The November contract hit an intersession high of $482 per tonne on Wednesday, but settled below the $480 mark. “You can’t discount at least the […] Read more

CBOT September 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: CBOT wheat hits one-month high

Global wheat production estimates shrink; U.S. crop report due out Friday

By GFM Network News July 8, 2020

Chicago | Reuters — U.S. wheat futures jumped on Wednesday on concerns about shrinking crop production estimates in countries from France and Russia to Argentina, traders said. Prices approached a one-month high at the Chicago Board of Trade as adverse weather and lower-than-expected plantings have reduced expectations for harvests in major exporters. The neighbouring corn […] Read more

A washout near Forrest in western Manitoba on June 29, 2020. (Manitoba Co-operator photo by Alexis Stockford)

General, Weather

Prairie summer weather patterns to hold for now

By GFM Network News July 8, 2020

MarketsFarm — No major changes in the current weather patterns on the Prairies are expected at this time, according to a pair of weather experts. So far this summer, the region’s weather has been highlighted by warmer and generally drier conditions in the eastern Prairies, while the western portion has been cooler with a great […] Read more

(Photo illustration: Reuters/Dado Ruvic)

Crops

Bayer, Corteva among companies stepping off Facebook

Major firms pledge to pause advertising for July

By Dave Bedard, GFM Network News July 8, 2020

A couple of major players in the agriculture sector are on an expanding list of major companies pausing advertising on Facebook for the month of July in pursuit of policy changes at the U.S.-based social media giant. Bayer and Corteva Agriscience recently announced they have joined the #stophateforprofit campaign, backed by organizations including the Anti-Defamation […] Read more

CBOT December 2020 corn with 20- and 50-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn, soy slip on less-threatening weather

CBOT wheat futures rise

By GFM Network News July 7, 2020

Chicago | Reuters — U.S. corn and soybean futures eased on Tuesday as weather forecasts looked less threatening to America’s crops than they had a day earlier, analysts said. Traders took profits after soybean futures reached a four-month high on Monday on concerns that hot, dry conditions could threaten crop yields in the U.S. Midwest. […] Read more

ICE November 2020 canola with 20-, 100- and 200-day moving averages. (Barchart)

Canola, Crops, Markets

Canola futures testing chart resistance

November canola briefly topped $480 Monday

By Phil Franz-Warkentin, GFM Network News July 7, 2020

MarketsFarm — Recent price activity in the ICE Futures canola market has been bullish from a technical standpoint, with the futures poised for a break higher if the rally can be sustained. After trading at a low of $468.10 per tonne in late June, the November canola contract rallied to briefly trade above the psychological […] Read more

South West Terminal’s Antelope facility, about 45 km southwest of Swift Current, Sask., last month set the record for the largest grain train loaded and launched on the Prairies from a single point of origin, with this 224-car train of durum wheat. (SWT.ca)

Crops

Solid grain exports continue through Thunder Bay

June's handle includes record-large CP grain train

By MarketsFarm Team, GFM Network News July 7, 2020

MarketsFarm — Grain shipments through the Port of Thunder Bay continue to run at a strong pace, with season-to-date volumes of 3.2 million tonnes, up 35 per cent from the five-year average, according to an update from the port. A total of 866,066 tonnes of grain were shipped through the port, located on the northern […] Read more

GFM Network News

U.S. livestock: Cattle rebound on technical buying

U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes

Good weather pushes Alberta harvest along

Oilseeds

Rail unloads at Vancouver, Thunder Bay ahead of last year’s pace

CP, CN break records for grain shipments

Bayer puts Roundup future claims settlement on hold

ICE weekly outlook: Canola nears resistance

U.S. grains: CBOT wheat hits one-month high

Prairie summer weather patterns to hold for now

Bayer, Corteva among companies stepping off Facebook

U.S. grains: Corn, soy slip on less-threatening weather

Canola futures testing chart resistance

Solid grain exports continue through Thunder Bay

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