CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans touch seven-month high on export optimism

Wheat stays firm on demand

Chicago | Reuters — Chicago soybean futures climbed to a seven-month high on Wednesday on U.S. export optimism and concerns over continued dryness across parts of the U.S. Midwest, traders said. Chicago corn edged lower, as a Midwest crop tour estimated higher yields, offsetting storm damage concerns in Iowa. The most active soybean contract on […] Read more


(File photo by Dave Bedard)

Brandon pork plant’s exports to China suspended

Chinese protocols call for temporary pause, Maple Leaf says

New Chinese rules for exporters and a number of COVID-19 cases among its workers have led Maple Leaf Foods to temporarily halt pork traffic to China from its biggest hog plant. The company said Tuesday it has “temporarily suspended pork exports to China on a voluntary basis due to recent protocols adopted by the Chinese […] Read more

CME October 2020 lean hogs with 20- and 50-day moving averages. (Barchart)

U.S. livestock: Lean hog futures pull back on shaky demand

CME October live cattle remain flat

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures slid on Tuesday as traders eyed large seasonal hog supplies against uncertain domestic consumption and weak exports. CME October lean hogs settled 2.1 cents lower at 51.425 cents/lb. (all figures US$). “Supplies are large, and there’s always uncertainty about export demand,” said Doug Houghton, analyst […] Read more


Among its other uses, wheat gluten goes into the making of plant-based meat analogues. (Romualdo Crissi/iStock/Getty Images)

Feds to probe complaints of wheat gluten dumping

New duties on six countries' gluten imports might follow

Federal officials are launching a probe into whether wheat gluten from six countries is being dumped in Canada at prices undercutting the domestic product. The Canada Border Services Agency (CBSA) said Friday it’s launching an investigation to determine whether “certain wheat gluten” from Australia, Austria, Belgium, France, Germany and Lithuania is being sold at “unfair […] Read more

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

Pea crops strong, but prices falter

MarketsFarm — Pea crops across the Prairies are expected to be in good condition ahead of the harvest. “As we go along with the sunshine and heat, the pulses are coming in fairly quickly,” said Darwin Hamilton of Kalshea Commodities in Winnipeg. “Without any excess moisture, the quality should be good this year.” Pea prices […] Read more



File photo of a cooking oil bottling line in Spain. (Sabor de España/iStock/Getty Images)

Canadian canola prices spike as shippers find back door to China

'Profits are extravagant... It is like gold oil now'

Winnipeg/Beijing | Reuters — Canadian canola prices have soared to the highest in nearly two years, despite a diplomatic dispute between Ottawa and Beijing, as exporters find roundabout ways to reach top oilseed buyer China. Chinese authorities have since March 2019 blocked canola shipments by two Canadian exporters, an action they took after Canadian police […] Read more