File photo of barley being unloaded at a grain terminal in Ukraine on June 23, 2022. (Photo: Reuters/Igor Tkachenko)

Ukrainian farmers turn to U.N.-supplied grain sleeves for storage

'Last year's harvest still hasn't been sold'

Kyiv | Reuters — On a crisp and sunny November morning, Ukrainian farmers lined up to collect U.N.-supplied grain sleeves to store crops over winter as the country faces a significant shortage of storing capacity caused by Russian shelling. Ukraine has said it may lack up to 15 million tonnes of regular grain storage capacity […] Read more

Photo: Thinkstock

ICE weekly outlook: Watch for canola to climb higher 

MarketsFarm – There’s the possibility of the nearby January canola contract reaching upwards to C$1,000 per tonne, according Winnipeg-based analyst Wayne Palmer of Exceed Grain. “I think you got canola somewhere in the winter months maybe trading close to $1,000 again in January,” he said. Palmer placed his suggestion on the sharp upticks that soyoil […] Read more








Bunge’s refined and specialty oils segment turned in stronger quarterly earnings in the Americas and Europe.  Photo: Thinkstock

Crop merchant Bunge raises full-year profit outlook

Agricultural commodities trader Bunge Ltd BG.N on Wednesday raised its full-year earnings outlook after posting an adjusted third-quarter profit that topped expectations, sending its shares up about 2 per cent in premarket trading. The improved forecast was attributed to favorable market conditions as tight global crop supplies and strong demand have benefited supply chain middlemen […] Read more



CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (dark green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat, corn, soy end higher but below session peaks

Weaker U.S. dollar supportive

Chicago | Reuters — U.S. wheat, corn and soybean futures edged higher on Friday, recovering from overnight weakness on spillover support from friendly outside markets, traders said. “Equities went from lower to sharply higher, the dollar from higher to lower, and I think that spurred some buying in grains,” said Don Roose, president of U.S. […] Read more

CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, blue and black lines). (Barchart)

U.S. grains: Soy futures rally on strong exports

Chicago corn, wheat also firm

Chicago | Reuters — U.S. soybean futures rose 1.4 per cent on Thursday as strong export data buoyed hopes that overseas buyers will book more deals in coming weeks. Corn and wheat futures also were firm, with short-covering and technical buying underpinning the market after prices for both commodities dropped near the low end of […] Read more