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Crops, Markets, Reuters

U.S. grains: Wheat sags on uncertain demand outlook; corn firm, soy lower

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Chicago | Reuters – U.S. wheat futures fell about 1.5 per cent on Wednesday as worries about global export demand and a year-on-year rise in U.S. inventories overshadowed support from a shrinking Russian wheat crop, analysts said. Corn futures firmed while soybeans declined after the U.S. Department of Agriculture’s monthly supply/demand reports offered few market-moving surprises. Chicago Board […] Read more
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Corn, Reuters

Ukraine corn production seen falling this year

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London | Reuters – Ukraine’s corn production and exports are expected to fall this year with yields set to fall after extreme heat while crops were sown in April, Mykola Gorbachov, president of the Ukrainian Grain Association (UGA) said on Wednesday. “During the planting time in April we had really hot weather,” he told the […] Read more
Photo: File
Crops, Markets, Reuters

USDA cuts Russian wheat crop estimate after damaging frosts

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Chicago | Reuters – The U.S. Department of Agriculture cut its forecasts for Russian wheat production and exports on Wednesday, after Moscow declared federal emergencies over crop losses due to unfavourable weather. Increasing concerns about damage from drought and frosts in Russia, the world’s biggest wheat supplier, drove Chicago board of Trade wheat futures to 10-month highs in May […] Read more
A seeding unit sits parked in a field north of Winnipeg, Man., due to wet field conditions on June, 6, 2024. Photo: Greg Berg
Crops, News

Manitoba seeding nears completion: report

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Manitoba farmers made good seeding progress in early June despite wet conditions, with 92 per cent of intended acres in the ground – up nine points from the previous week, according to the latest provincial crop report for the week ended June 11. Spring cereals, peas, and grain corn were approximately 97 per cent complete. […] Read more
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Crops, Markets, Reuters

U.S. grains: Wheat climbs three per cent in rally from one-month lows; soy, corn sag

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Chicago | Reuters – U.S. wheat futures rallied on Tuesday after a nine-session slide, with the benchmark Chicago Board of Trade (CBOT) July WN24 wheat contract lifted by bargain buying and renewed worries about crops in top global exporter Russia, brokers said. CBOT soybean and corn futures declined as market players awaited fresh direction from monthly […] Read more
Canadian chickpea exports in April were down from the previous month. Photo: File
Markets, Pulses

Pulse weekly: Canadian pulse exports slowing

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Glacier FarmMedia – Canadian pulse exports are showing signs of slowing down entering the final months of the 2023/24 marketing year, as end users turn their attention to the looming availability of new crop supplies. Canada has exported 1.286 million tonnes of lentils during the crop year-to-date, running about 25 per cent behind the pace […] Read more
G3 Canada today operates 24 elevators and grain terminals across Canada. Its majority owner, G3 Global Holdings, also owns G3's export terminal at Vancouver in partnership with Western Stevedoring Co.
Crops, Features, Markets

What’s happening with your shares in G3?

How your stake in the equity trust set up for Prairie farmers sits today

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Glacier FarmMedia — An owner of G3 Canada it may be, but Farmers Equity Trust won’t be a suitor for Bunge’s separate ownership stake in G3, if Ottawa decides to require a sale as part of its review of Bunge’s proposed takeover of Viterra. “The trust has no cash resources to invest that way, and […] Read more

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