(File photo by Dave Bedard)

Fuel, labour to pull grain freight cost indices lower

CP's share buybacks also a factor in its VRCPI

The numbers that decide how much revenue Canada’s big two railways get to keep from Prairie grain handling have been marked downward for the 2020-21 crop year. The Canadian Transportation Agency last week announced it will set the volume-related composite price index (VRCPI) at 1.4202 for Canadian National Railway (CN) and at 1.4205 for Canadian […] Read more




CBOT July 2020 soybeans with Bollimger (20,2) bands. (Barchart)

U.S. grains: Soybeans, corn end lower as demand flags

Wheat pressured by improved Northern Hemisphere weather

Chicago | Reuters — U.S. soybean futures settled lower on Wednesday, as continued weak demand due to the coronavirus epidemic and renewed U.S.-China trade tensions offset support from a flurry of commodity purchases by top importer China. Corn also slipped, following a pullback in crude oil, while wheat eased as beneficial rain for Northern Hemisphere […] Read more



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

U.S. grains: Corn gains with rising crude, limited by early planting

Soybeans rise on sale to China, despite tariff talk

Chicago | Reuters — Chicago corn futures gained on Tuesday, following energy markets higher on hopes of renewed ethanol fuel demand as lockdowns ease, but were capped by ahead-of-schedule planting across the U.S. Midwest, analysts said. Soybeans climbed on confirmation of new sales to China, even as the United States renewed tariff threats over China’s […] Read more


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

U.S. grains: Soybeans tumble as China spat piles on demand worries

Grain markets hit by drop in demand for feed, biofuel

Chicago | Reuters — Chicago soybean and corn futures slid on Monday as rising tensions between Washington and Beijing raised concern about further demand risk, on top of coronavirus disruptions to biofuel and livestock feed markets. Favourable crop weather also weighed on prices as planting advanced in the U.S. Midwest while rain across Europe looks […] Read more

CBOT July 2020 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans slide on renewed trade tensions with China

Corn, wheat also fall on heightened trade tensions

Chicago | Reuters — U.S. soybean futures declined on Friday as renewed concern about trade tensions between the United States and China overshadowed fresh export sales to the world’s largest soybean consumer. Corn and wheat futures also fell on uncertain feed demand and good weather across much of the U.S. Midwest that signaled another strong […] Read more



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

U.S. grains: Soybeans up on export demand, month-end position-squaring

Strong weekly U.S. export sales data also supports corn, wheat

Chicago | Reuters — U.S. soybean futures rose more than two per cent on Thursday, the biggest single-day advance in a month, on strong weekly export sales and news of fresh demand from top global soy buyer China, analysts said. Corn futures firmed for a second day on strong export sales and signs the worst […] Read more