Chicago soybean and corn futures turned higher on Tuesday as a flurry of export sales helped stem market pressure from a fast-moving U.S. harvest and improved planting weather in South America, analysts said.
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U.S. grains: Soybean, corn futures rise on increased export demand
New Brunswick ag minister headed for opposition bench
Liberals topple Higgs' Tory government in election
New Brunswick's incumbent agriculture minister and opposition ag critic are bound for a legislature under new management following Monday night's election.
Larger stocks limiting price outlook for lentils/peas
An expected increase in Canadian lentil and pea exports in 2024/25 is unlikely to result in higher prices, as increased production should cause the stocks-to-use ratios to widen.
Three new cases of bird flu in B.C. poultry
British Columbia has three new cases of highly pathogenic avian influenza (HPAI) among commercial poultry flocks in the Abbotsford and Chilliwack areas.
B.C.’s ag minister downed in fraught election
Governing party to be confirmed next week as votes recounted
Pam Alexis, the minister of agriculture and food for David Eby's New Democrats since late 2022, was defeated in her constituency of Abbotsford-Mission in Saturday night's election by Conservative challenger Reann Gasper, by a spread of almost 2,700 votes.
Ukraine foreign minister calls for support to stop Russian strikes on its Black Sea ports
Ukrainian Foreign Minister Andrii Sybiha said on Monday he and Turkish President Tayyip Erdogan had discussed safe navigation for shipping in the Black Sea.
US exporters race to ship soybeans as looming election stokes tariff worries
U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China, traders and analysts said.
Klassen: Canadian feeder markets trades premium to U.S. values
For the week ending October 19, Western Canadian yearling markets traded $3 to $5 on either side of unchanged compared to seven days earlier. Calf prices were $5 to as much as $10 higher. Strength in the deferred live cattle futures along with the weaker Canadian dollar has resulted in positive margins on incoming calves. Therefore, the calf market has developed a floor price.
AAFC lowers canola ending stocks estimate
Canadian canola ending stocks for the 2024-25 marketing year are forecast to be tighter than earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Oct. 21.
U.S. grains: Corn, soy futures up on flurry of export sales
Chicago corn and soybean futures rose on Monday as low prices spurred a flurry of international demand for U.S. grains and soy, analysts said.
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