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CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line, left column) and K.C. May 2023 hard red winter wheat (orange line, left column). (Barchart)
Crops, Markets, Reuters

U.S. grains: Chicago futures dip as Ukraine inspections resume

Planting windows seen in U.S. despite rain forecasts

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Mexico City | Reuters — Chicago grains and soy futures closed lower on Wednesday after inspections of ships carrying Ukrainian grain from the Black Sea resumed, and crude oil’s dip pressured prices down. A Ukrainian official said that “ship inspections are being resumed, despite the RF’s (Russian Federation’s) attempts to disrupt the agreement.” Kyiv faces […] Read more
File photo of a wheat harvest in Kazakhstan. (Yerbolat Shadrakhov/iStock/Getty Images)
Crops, Markets, Spring Wheat

Less wheat expected in Kazakhstan in 2023-24, despite same acres

Soil moisture loss expected in wheat-growing regions

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MarketsFarm — As the 2022-23 crop year in Kazakhstan begins to wind down, the U.S. Department of Agriculture (USDA) attaché in the country’s capital of Astana estimated its wheat production at 16.4 million tonnes. Should that forecast hold, the attaché’s report noted it would be the largest wheat harvest since 2017-18. However, going into the […] Read more
File photo of a vessel being loaded with grain at a Ukrainian port. (3DFOX/iStock/Getty Images)
Crops, Markets, Reuters

Czech farmers say Ukraine imports squeezing them out of EU grain markets

Government not planning import ban

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Prague | Reuters — Czech farmers have 40 per cent more grains in stock than a year ago as surging Ukrainian exports to European markets have replaced Czech exports, the country’s Agriculture Association said on Tuesday, warning of a potential squeeze in storage capacity. The comments by the lobby group are the latest sign of […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Barley prices still historically high, but face headwinds

Bulk corn delivery remains more convenient

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MarketsFarm — Feed barley bids in Western Canada remain historically strong, despite easing off their highs over the past month and trending lower. With bids of around $410 per tonne into the Lethbridge feedlot alley, feed barley “is still a sell,” according to Mike Jubinville of MarketsFarm, speaking on a webinar. However, he noted there […] Read more
File photo of an irrigated alfalfa stand in Saudi Arabia. (JohnnyGreig/E+/Getty Images)
Crops, Markets

Saudi Arabia highly dependent on grain imports

Alfalfa more profitable for domestic growers

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MarketsFarm — While Saudi Arabia is a giant among the oil-producing countries of the world, the desert kingdom does produce small amounts of grain. With a population that’s about one million less than Canada’s, Saudi Arabia is extremely dependent on importing its grain from overseas. The U.S. Department of Agriculture’s (USDA) attaché in Riyadh explained […] Read more
(ALLEKO/iStock/Getty Images)
Livestock, Markets

Beef sector rips ‘unjust’ result as talks wrap on U.K. entry to CPTPP

Dairy sector calls for 'vigilant' enforcement on British imports

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Negotiations have concluded for the United Kingdom to join Canada and its 10 partner nations in the Trans-Pacific Partnership (CPTPP) trade pact, with Canada’s beef cattle sector already calling the results “fundamentally unjust.” Federal Trade Minster Mary Ng on Thursday announced the conclusion of negotiations, making the U.K. the first accession applicant to reach that […] Read more
(Fevziie Ryman/iStock/Getty Images)
Beef Cattle, Livestock, Reuters

Several countries ban Brazilian beef as BSE probe goes on

Russia among those halting imports

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Sao Paulo | Reuters — The Brazilian agriculture ministry said on Thursday that Thailand, Iran and Jordan have temporarily suspended imports of beef from Brazil while authorities investigate a case of BSE in an animal from Para state, according to a statement sent to Reuters. The ministry also confirmed that Russia has halted imports from […] Read more
Photo: File
Barley, Crops, Markets

Feed weekly outlook: Barley exports slowing down, local prices steady

Feedlots relatively well covered

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MarketsFarm — Canadian barley exports slowed down in January, but out-of-country movement is still running ahead of the year-ago pace, according to updated export data from the Canadian Grain Commission. Canada exported 131,100 tonnes of barley from licensed facilities in January, with China the top customer taking 100,500 tonnes. Total barley exports were well off […] Read more
(Xinzheng/Getty Images)
Crops, Reuters

China to plant more soy, speed up GMOs to ensure food supply

Beijing reiterates goals to increase soy acres, intercrop with corn

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Beijing | Reuters — China will increase its efforts to boost output of soybeans and edible oils, state media reported on Monday, citing a key rural policy document, as it continues to push for greater self-sufficiency in its key food supplies. The world’s top soybean buyer is trying to lower its heavy reliance on imports […] Read more
(Photo courtesy Canada Beef Inc.)
Cereals, Crops, Markets

Feed weekly outlook: Prairie markets hold steady

U.S. corn imports keep lid on domestic grains

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MarketsFarm — Feed grain markets in Western Canada have seen little change over the past few weeks. Feed barley bids across Western Canada have generally held steady over the past month, with the spot market topping out at $9.58 per bushel in Alberta, according to Prairie Ag Hotwire data. Prices in Manitoba and Saskatchewan are […] Read more

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