grains Archives - Page 7 of 9

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

USDA data show tighter U.S. grain, oilseed stocks

By MarketsFarm Team, GFM Network News September 30, 2020

MarketsFarm — Quarterly stocks data from the U.S. Department of Agriculture showed tighter-than-expected supplies of soybeans, corn, and wheat in the country. Soybean stocks, as of Sept. 1, 2020, were pegged at 523 million bushels, which was down by 42 per cent from the previous year and below average trade estimates. Corn stocks were below […] Read more

File photo of Agriculture Minister Marie-Claude Bibeau speaking to media in Winnipeg in March 2019. (Dave Bedard photo)

General, Markets

Canada not benefiting from CETA, Bibeau says

Ex-premiers write to Ottawa with critique of EU's continued trade barriers

By GFM Network News September 26, 2020

Canada is not benefiting from the Comprehensive Economic and Trade Agreement (CETA) with the European Union (EU), federal Agriculture Minister Marie-Claude Bibeau grants. Expected to spur $1.5 billion in new agri-food exports, the free trade deal has fallen short of those targets since its implementation in 2017. In a letter Monday to Prime Minister Justin […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices gain strength

By GFM Network News September 3, 2020

MarketsFarm — Harvest activity in the western Canadian Prairies had depressed feed grain prices at the end of August, but prices have recovered slightly. “There’s been a bit of a break in harvest activity,” Allen Pirness of Market Place Commodities in Lethbridge said. Producers in southern Alberta had been harvesting barley at the end of […] Read more

Grain being loaded on a ship at the Hudson Bay port of Churchill in 2015. (MarketsFarm photo by Jade Markus)

Crops, Weather

Churchill’s shipping season to start next month

Tracks 'in good shape' leading to northern Manitoba port

By GFM Network News August 14, 2020

MarketsFarm — There won’t be any vessels laden with grains and pulses departing from the Port of Churchill until next month, according to Murad Al-Katib, CEO of AGT Foods in Regina. “We’re in the early days of harvest, so it would be very normal to expect the first vessels to arrive in the first half […] Read more

CBOT July 2020 soybeans with 20- and 50-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans firm on China demand, economic optimism

Equities rally as economies reopen, dollar eases

By GFM Network News May 26, 2020

Chicago | Reuters — U.S. corn futures firmed and soybeans posted their strongest advance in a month on Tuesday as rising equities and energy markets and a weakening U.S. dollar triggered short-covering in commodities battered by the coronavirus pandemic. Wheat followed corn and soy higher but reversed course amid forecasts for crop-boosting rains in rival […] Read more

Crops, Markets

Farmer deliveries well above average in April

By MarketsFarm Team, GFM Network News May 26, 2020

MarketsFarm — Farmer deliveries of major grains into the Canadian commercial pipeline were up substantially in April, hitting their third-highest monthly total on record, according to updated data Statistics Canada released Monday. Farmers in April delivered 5.868 million tonnes of major grains, about a million tonnes above the monthly average during the 2019-20 crop-year-to-date, and […] Read more

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

Crops, Markets, Reuters

U.S. grains: Futures rebound on Chinese buying, Midwest frost concerns

Freezing forecast raises concern about Midwest crops

By GFM Network News May 7, 2020

Chicago | Reuters — U.S. grain and soybean futures prices rebounded on Thursday on renewed Chinese buying of corn and soy and as forecasts for sub-freezing temperatures across the country stoked concerns that some vulnerable crops may sustain damage. Gains, however, were tempered by plentiful supplies and worries about demand as traders started positioning ahead […] Read more

File photo of wheat being loaded onto a bulk vessel at port in Russia. (YGrek/iStock/Getty Images)

Crops, Markets

Global grain production to exceed 2.2 billion tonnes, IGC predicts

By GFM Network News May 2, 2020

MarketsFarm — The International Grain Council (IGC) has revised its latest monthly forecast of global grain production down slightly. The IGC projected global production in 2020-21 to hit 2.218 billion tonnes its April 30 report, for a drop of five million tonnes from its March estimate. The reduction was due to the dry conditions in […] Read more

(Photo courtesy Canola Council of Canada)

Crops, Markets, Weather

Grains, oilseeds, pulses hold their own amid pandemic

By GFM Network News May 1, 2020

MarketsFarm — Prices for grains, oilseeds and pulses are not as bad off as livestock values are due to the COVID-19 pandemic, according to Neil Townsend, chief market analyst for FarmLink Solutions in Winnipeg. FarmLink hosted a webinar Wednesday to provide its outlook for the coming crop year. One thing Townsend stressed was there is […] Read more

Emergence in an Ontario soybean field. (File photo by John Greig)

General, Markets, Weather

Ontario extends RMP deadlines for crops, livestock

Move won't create coverage gaps, Agricorp says

By Glacier FarmMedia staff, GFM Network News April 7, 2020

Ontario grain, oilseed and livestock producers will get extra time to apply for, make changes to or cancel coverage under the provincial Risk Management Program (RMP). Agricorp, the province’s ag program delivery agency, announced Wednesday the new deadline for applications or coverage changes for 2020 will be June 30. The previous deadlines to apply or […] Read more

Canada’s annual inflation rate in June up slightly to 1.9 per cent

U.S. grains: Corn rebounds from contract lows on short covering, bargain buying

U.S. livestock: Cattle futures come down from highs

GFM Network News