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Crops, Markets, Reuters

U.S. grains: Soybeans dive to biggest weekly loss in 6-1/2 years

Soy, corn tumble on improved weather; wheat extends fall

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Chicago | Reuters — Chicago soybean futures slid more than four per cent on Friday — while corn futures dropped their daily limit — as rains in key South American growing areas offered relief amid tight global supplies, overshadowing strong weekly U.S. export data. Wheat futures tumbled four per cent. The Chicago Board of Trade […] Read more
Crops, Markets, Reuters

U.S. grains: South American supply issues wane

Soy up, but off early gains; corn boosted by export demand

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Chicago | Reuters — Chicago soybeans ended the session slightly up after a three-session losing streak on Thursday, but larger early gains were erased as rains across South America eased supply worries. Corn prices firmed, supported by fresh demand amid tightening global supplies, while wheat fell on a lack of fresh export news. The Chicago […] Read more
Barley, Crops, Markets

Feed weekly outlook: Offshore demand still lifting Prairie barley

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MarketsFarm — Solid offshore demand for Canadian barley remains the key driver in the domestic feed market, keeping prices high. “It’s certainly not driven by southern Alberta, it’s driven by Vancouver and the export business,” said Allen Pirness, of Market Place Commodities in Lethbridge, on the continued strength in barley bids. Typically, arbitrage opportunities would […] Read more
Crops, Machinery and Shop, Markets, Reuters, Weather

Facing green push on farm, fertilizer makers look to sea for growth

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Winnipeg/Oslo | Reuters — Two of the world’s biggest fertilizer producers, CF Industries and Yara International, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the U.S. and Norway to produce clean energy to power ships. The consumption of oil for transportation is one of the top contributors to […] Read more
Crops, Markets, Reuters

India offers to suspend farm reforms

Farmers may call off protests

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New Delhi | Reuters — India’s government on Wednesday offered to suspend implementation of three new farm laws that have triggered the biggest farmers’ protests in years, which farm union leaders said they would now consider calling off. The cornerstone of the reform, introduced in September, allows private buyers to deal directly with farmers. Angry […] Read more
General, Markets, Reuters

U.K. to ask to join Trans-Pacific trading bloc ‘shortly’

Bilateral deals signed or in works with several CPTPP members

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London | Reuters — Britain will soon submit its application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc, trade minister Liz Truss said on Wednesday. Since deciding to leave the European Union, a process it completed at the end of 2020, Britain has been seeking out new trading arrangements around […] Read more

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