CBOT March 2020 corn with Bollinger (20,2) bands. (Barchart)

CBOT weekly outlook: Corn set to rally

MarketsFarm — Corn futures on the Chicago Board of Trade may be due for a rally. The March corn contract hit $3.92 per bushel three times earlier in the month, facing stiff resistance to break higher (all figures US$). Prices established lows last week, around $3.7525. “I would like to see resistance be taken to […] Read more





File photo of cattle seeking shade in Namibia. (Brytta/iStock/Getty Images)

Namibia looks to import cattle as drought decimates herds

Windhoek | Reuters — Namibian state-owned meat processing and marketing firm Meatco is in talks with neighbour Botswana to import cattle, as severe drought decimates local herds and threatens beef export deals with China and European countries. The southern African desert nation moved closer to famine last month after dam levels fell below 20 per […] Read more




(Dave Bedard photo)

Flax prices likely to remain flat

MarketsFarm — Although autumn snowfall limited the quality of a lot of Prairie flax, its price has remained flat, according to Brian Johnson of Johnson Seeds at Arborg, Man. While Johnson has seen some instances of No. 1 flax, he said most of what he’s seen has graded Nos. 2 and 3. “The premiums are […] Read more


Fall armyworm. (Omafra.gov.on.ca)

China certifies three domestic GM traits

Beijing | Reuters — China’s agriculture ministry issued biosafety certificates on Tuesday for domestically grown, genetically modified (GM) corn and soybean traits, moving closer to commercialization of GM grain production in the world’s top market. The certificates, valid from Dec. 2, 2019 until Dec. 2, 2024, were granted to a corn trait developed by Beijing […] Read more