Oilseeds Archives - Page 97 of 684

Accounting probe hits ADM as crop glut, lower margins point to tough 2024

ADM shares fell 24 per cent Monday as news of accounting issues broke

By Reuters, GFM Network News January 23, 2024

An investigation into accounting practices in Archer-Daniels-Midland's ADM.N Nutrition segment could not come at a worse time for the company as sinking crop prices look set to erode profit for its core grain trading and processing businesses this year.

CBOT soybeans ZSH24 on Jan. 22 with 20 and 50-day moving averages (Barchart)

Markets, Reuters

U.S. grains: Soybeans rise, led by soyoil and crude oil; wheat up, corn choppy

Crude oil futures rose almost 2 per cent on supply disruptions, supporting soy

By Julie Ingwersen, Reuters, GFM Network News January 22, 2024

U.S. soybean futures climbed on Monday as soyoil futures jumped 2.7 per cent on short-covering and strength in crude oil, traders said.

Crops, Markets

Early signs point to increased crop production in 2024/25: AAFC

Rotation, moisture, expected prices, costs among main factors expected in seeding decisions

By GFM Network News January 22, 2024

A return to trend yields should see an increase in production for most of the major crops grown in Canada in the upcoming 2024/25 (Aug/Jul) marketing year, according to the first outlook for the season from Agriculture and Agri-Food Canada released Jan. 22.

Former CFA president Mary Robinson has been named to the Senate. She’s pictured at the CFA’s AGM in Ottawa in February 2020. (CFA-fca.ca)

General

Robinson named to Senate

Former CFA president brings agricultural and business acumen to Canada’s upper house

By GFM Network News January 22, 2024

Mary Robinson, former president of the Canadian Federation of Agriculture, has been appointed to the Senate.

Markets

Record large short position grows in canola

CBOT net short position on soybeans more than doubled

By GFM Network News January 22, 2024

The record large net short position in ICE Futures canola continued to rise in mid-January, as fund traders put on more bearish bets and liquidated long positions, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Farmers protesting in Toulouse, France, on January 16, 2024, with tractors bearing placards that read ‘Macron still an effort, soon all farmers will be dead’. Photo by Alain Pitton/NurPhoto via Reuters

General, Reuters

France’s farmer lobby turns up heat on government before talks

French farmers have a long history of disruptive protests

By Reuters, GFM Network News January 22, 2024

French farmers' representatives threatened to expand protests on Monday before a meeting with government to address anger over price pressures, taxes and green regulation - grievances that are shared by farmers across Europe.

General, Reuters

ADM CFO placed on leave, shares tumble on probe into nutrition unit,

The global grains merchant cut its 2023 profit forecast, delayed Q4 results on investigation into flagged transactions

By Reuters, GFM Network News January 22, 2024

Shares of Archer-Daniels-Midland ADM.N slid 16 per cent in early morning trade on Monday after CFO Vikram Luthar was placed on administrative leave as the company investigates certain accounting practices at its Nutrition segment.

CBOT corn ZCH24 on Jan. 19 with 20, 50 and 100-day moving averages. (Barchart)

Markets, Reuters

U.S. grains: Corn futures decline for sixth week in a row

Short-covering, positioning and U.S. export demand advance corn and wheat Friday

By Reuters, Tom Polansek, GFM Network News January 19, 2024

U.S. corn futures lost ground for the sixth consecutive week and soybean futures declined the fifth week in a row after expectations for plentiful supplies pushed the markets to multi-year lows on Thursday.

Signage on Viterra’s office building in Regina. (Dave Bedard photo)

General

GSU accepts Viterra offer

Wages see a slight improvement but union says they hope to build on it in next contract

By GFM Network News January 19, 2024

Members of the Grain and General Services Union who work for Viterra have voted to accept the company's latest contract offer.

General, Reuters

France could face nationwide farmer protests as anger mounts

Farmers cite fuel taxes, excessive restrictions and red tape among grievances

By Reuters, GFM Network News January 19, 2024

France's largest farm union FNSEA is considering nationwide protests in the coming weeks, a spokesperson said on Friday, potentially expanding action by farmers in the southwest who have blocked a highway and dumped manure on public buildings.

CFIA rejects beekeeper proposals on U.S. packaged bees

U.S. livestock: Cattle futures fall hard, hogs mixed

Alberta Crop Report: Scattered rains, crop conditions

GFM Network News

CFIA rejects beekeeper proposals on U.S. packaged bees

U.S. livestock: Cattle futures fall hard, hogs mixed

Alberta Crop Report: Scattered rains, crop conditions

Accounting probe hits ADM as crop glut, lower margins point to tough 2024

U.S. grains: Soybeans rise, led by soyoil and crude oil; wheat up, corn choppy

Early signs point to increased crop production in 2024/25: AAFC

Robinson named to Senate

Record large short position grows in canola

France’s farmer lobby turns up heat on government before talks

ADM CFO placed on leave, shares tumble on probe into nutrition unit,

U.S. grains: Corn futures decline for sixth week in a row

GSU accepts Viterra offer

France could face nationwide farmer protests as anger mounts

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for August 8, 2025

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