Of Australia's three largest winter crops for 2024/25, canola production was projected to be down from the previous year. Meanwhile, estimates for wheat and barley output were forecast to be higher than a year ago.
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Australia’s canola improves but still lower than 2023/24
Bumps up wheat estimate, trims barley outlook
Bitcoin at record highs, sets sights on $100,000
Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.
Canadian agriculture minister visits China
MacAulay in China week of Nov. 11
The Canadian government confirmed on Nov. 19 that Agriculture and Agri-Food Minister Lawrence MacAulay met with Chinese officials to discuss the canola trade between the two countries. This came about a week after rumours in the media began swirling about the trip.
Raboresearch delivers fall agricultural outlook
Raboresearch delivered its fall harvest outlook in an online presentation on Nov. 13, 2024. Analysts showed their insights for the 2025-26 marketing year, including those for Canadian farmers.
CBOT Weekly: U.S. election drags down soybeans
Results from the United States election pulled down soybean prices at the Chicago Board of Trade during the week ended Nov. 13, 2024.
What will a Middle East war do to your costs and prices?
Bonds and Risk: Expect fuel costs to be up, interest costs down
Farmers are caught in a developing cost squeeze. Global oil costs are threatening to balloon from about US$80 today to over US$100 per barrel, which would be a 25 per cent leap. On the other hand, interest rates in the U.S. and Canada are scheduled to decline by as much as 1.5 per cent by […] Read more
Prairie Wheat Weekly: Spring wheat bids rise, durum down
Spring wheat bids in Western Canada were slightly higher than the week before on Nov. 7, 2024. Meanwhile, durum prices were a bit lower.
ICE canola outlook: Sideways trade as resistance counters support
The ICE Futures canola market traded within a wide C$30 per tonne range during the first week of November, with the nearby price trends pointing sideways.
CBOT weekly outlook: Trio of events loom over U.S. soybeans, corn
The trade's initial reaction to the re-election of former United States President Donald Trump was bearish for soybeans and corn on the Chicago Board of Trade on Nov. 6. Meanwhile, the U.S. Federal Reserve's interest rate announcement on Nov. 7 and the U.S. Department of Agriculture's supply and demand report on Nov. 8 are likely to have a bullish effect on those commodities, said Allendale Inc. president Steve Georgy.
U.S. grains: Corn ticks up on export demand, easing harvest pressure
Chicago | Reuters — Chicago corn futures ticked up on Friday as export demand for U.S. crops swelled and harvest pressure eased, analysts said. Soybean futures turned lower in choppy trading after rising earlier on U.S. export sales. Wheat futures also eased as rains over dry regions of the U.S. weighed on prices, though drought […] Read more