Chicago Board of Trade corn futures pulled back from a 16-month high on Wednesday as traders booked profits and anticipated that recent gains will drive bigger U.S. plantings this spring.
Daily news
U.S. grains: Corn futures pull back from 16-month high
Federal government stocks up on human bird flu vaccine
The Canadian government has secured 500,000 doses of a human vaccine against avian influenza as part of a contingency plan to protect those at most risk for the disease.
AAFC adjusts grain/oilseed balance sheets slightly
Canola carryout revised higher, wheat down
Updated estimates from Agriculture and Agri-Food Canada, released Feb. 19, included only minor revisions to the supply and demand projections for the country’s major crop.
Pulse Weekly: Trade watching India import duty news closely
Extends pigeon pea period
Duty-free exemptions for pea and lentil imports into India are set to end over the next few weeks, but a recent extension for pigeon pea imports has led to speculation that the peas and lentils Canada ships to the country could also see their duty-free status extended.
Former assistant commissioner claims harassment at Canadian Grain Commission
Patty Rosher says she was informed she was being investigated for allegations of inappropriate behaviour in September 2022
A former assistant chief commissioner of the Canadian Grain Commission has written a blog post claiming she was subjected to interference and harassment during her time at the agency.
Canadian Foodgrains Bank calls for supporters to advocate for international aid funding
U.S. funding freeze takes largest donor out of global humanitarian community leaving deadly gaps
In face of U.S. foreign aid funding cuts that are devastating humanitarian groups, Canada can't back down from its commitments to help the hungry says the Canadian Foodgrains Bank.
Brazil 2024/25 soy forecast cut due to drought during crop tour
Brazilian soybean farmers will reap 171.3 million metric tons of soybeans in the 2024/25 season, less than the 172.4 million tons forecast in January, agribusiness consultancy Agroconsult said on Wednesday after inspecting about half of the fields in a nationwide crop tour.
Turkey to export 15,000 tonnes of eggs to US amid bird flu disruptions
Turkey has begun exporting around 15,000 tonnes of eggs to the United States, where an ongoing outbreak of bird flu disrupted supply, sent prices soaring and led to talks with other producers, a leading sector official said on Wednesday.
Prairie forecast: Cold snap coming to an end
Forecast issued February 19, covering Feb. 19 to 26, 2025
For this forecast period, as predicted a week ago, we're finally going to see an end to this long cold snap. The polar vortex is weakening and is forecasted to move off to the east. This will allow for a strong push of mild Pacific air to flood across the Prairies. It should bring temperatures above freezing to Alberta beginning early in the forecast period. Near to above freezing temperatures should move into Saskatchewan and Manitoba over the weekend.
U.S. grains: Corn futures hit 16-month high above $5 a bushel
Chicago Board of Trade corn futures reached a 16-month high above $5 a bushel on Tuesday on robust U.S. export demand and expectations that inventories may tighten, analysts said.
Cyber-Savvy Farmer
