exports Archives - Page 146 of 176

CBOT January 2021 soybeans (candlesticks) with 20-day moving average (green line) and CBOT January 2021 soyoil (yellow line). (Barchart)

U.S. grains: Soybeans hit fresh four-year peak on tightening supplies

Soyoil helps lift soybeans amid tight world veg oil supplies; good exports boost corn

By GFM Network News November 18, 2020

Chicago | Reuters — U.S. soybean futures rose to a new four-year peak Wednesday, led by sharply higher soyoil and as robust demand for beans from exporters and domestic processors fueled worries about tightening supplies of the oilseed. Corn and wheat followed soybeans higher, with strong export demand giving corn an additional lift. Grains remain […] Read more

File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Crops, Markets, Peas, Pulses

Pulse weekly outlook: Strong demand supporting pea prices

By GFM Network News November 18, 2020

MarketsFarm — There has continued to be a strong demand for peas, as demonstrated by data from the Canadian Grain Commission. And that has been supporting price increases, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “The overall demand has been very, very good,” she said. In the most recent export data […] Read more

General, Markets

FCC identifies export, market opportunities for Canadian food

The ag lender's latest report highlights canola oil, pork, potato products, crab meat

By Allan Dawson, GFM Network News November 17, 2020

Canada is already a major exporter of agricultural goods, food and beverages — but increasing food and beverage exports is still one of Canada’s biggest trade opportunities, Farm Credit Canada (FCC) says. And by diversifying exports, farmers will become less dependent on current major markets, reducing their financial risk. “When borders close for any number […] Read more

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)

Barley, Crops, Markets, Reuters

Barley trade routes redrawn as China tariff hits Australian farmers

China's barley purchases from Canada more than double last year's

By GFM Network News November 17, 2020

Sydney/Paris | Reuters — Out in Australia’s grain fields, farmers have started harvesting one of their biggest-ever barley crops, after drought-relieving rains convinced many to plant to the edges of their paddocks. Yet the tractors are working under the cloud of a new tariff imposed by China — seen widely as retaliation for Australia’s push […] Read more

CBOT January 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans firm on export demand, record crush

Rising energy, equities markets give grains additional lift

By GFM Network News November 16, 2020

Chicago | Reuters — U.S. soybean futures rose for a second straight session on Monday, holding near a more than four-year high hit last week, on strong demand from top buyer China and data showing the U.S. soy crush pace hit an all-time high last month. The strong demand stoked worries about thinning supplies of […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: High demand keeps bids strong

By GFM Network News November 13, 2020

MarketsFarm — Feed grain prices in Western Canada have come off of recent highs but remain “higher than what feeders like to see.” That’s according to Brandon Motz of CorNine Commodities ar Lacombe, Alta., who said feed grains are still in a “high-demand market,” with spot prices for feed barley and wheat around $260-$265 per […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Bullish USDA report sends soy, corn up sharply

By Phil Franz-Warkentin, GFM Network News November 10, 2020

MarketsFarm — Soybean and corn yields in the United States ended up much smaller than early expectations, according to updated supply and demand estimates released Tuesday by the U.S. Department of Agriculture. The resulting drop in production and ending stocks has sent futures rallying to new contract highs, with more gains likely. Average U.S. soybean […] Read more

Crops, Lentils, Markets

Pulse weekly outlook: Export demand supports lentils

India set to extend current tariff reductions

By GFM Network News November 9, 2020

MarketsFarm — Lentil prices in Western Canada saw a counter-seasonal rally at the end of harvest and are likely to sustain that rally into winter. “Prices are going to keep going higher,” Darcy Barie, a commodity buyer with Verdient Foods at Vanscoy, Sask., said. Ahead of the 2020 harvest, red lentils were around 24 cents/lb. […] Read more

CBOT January 2021 soybeans (candlesticks) with ICE January 2021 canola (yellow line). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans hold near four-year high

Focus shifts to Tuesday's USDA report to gauge tightening supply

By Christopher Walljasper, GFM Network News November 6, 2020

Chicago | Reuters — Chicago soybean futures held near a four-year high on Friday as Brazilian dryness and strong demand from leading importer China kept the market focused on the prospect of tightening supplies. Corn and wheat dipped but were underpinned by weather risks and Chinese-fueled international demand. The most-active soybean contract on the Chicago […] Read more

CME December 2020 live cattle (candlesticks) and January 2021 feeder cattle (red line). (Barchart)

Livestock, Markets, Reuters

U.S. livestock: Live cattle futures up with boxed beef prices

Domestic consumption supportive for hogs

By Christopher Walljasper, GFM Network News November 5, 2020

Chicago | Reuters — U.S. live cattle futures climbed on Thursday, supported by higher cash cattle and wholesale beef prices, traders said. Chicago Mercantile Exchange December live cattle futures settled 0.475 cent higher at 108.35 cents/lb. (all figures US$). CME feeder cattle futures gained 0.25 cents to end at 135.4 cents/lb. “After four weeks in […] Read more

U.S. livestock: Feeders set fresh highs, hogs mixed

U.S. grains: Chicago wheat, corn tick lower on continued supply pressure

AgTalk farmer mental health support platform sees partnership renewed

GFM Network News