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Daily Network News

  • Photo: Thinkstock

    ICE Weekly: No upside for canola if China situation continues: trader

    17 hours ago
  • Photo: Canada Beef Inc.

    U.S. livestock: Cattle futures drop on Trump call for lower prices

    17 hours ago
  • U.S. grains: Soybean futures inch higher on China trade optimism

    17 hours ago
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Pulses


Russia seeks more control over global food prices with BRICS grain exchange
News, Reuters

Russia’s proposed grain exchange for BRICS countries may take years to launch

By Gleb Bryanski, Olga Popova, Reuters October 24, 2024
Russia's proposal for a new international grain exchange could take years to get off the ground even though the plan was welcomed by members of the BRICS group of countries at a summit this week in Kazan in Russia.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybean futures jump as some polls show Harris with US election lead

By Renee Hickman, Reuters October 23, 2024
Chicago soybean futures edged higher on Wednesday as U.S. Vice President Kamala Harris' lead over Republican challenger Donald Trump in some election polls calmed concerns that a trade war with China could heat up, according to analysts.


BRICS leaders tout joint finance, trade projects at Russian summit
News, Reuters

BRICS leaders tout grain exchange, joint finance at Russian summit

By Gleb Bryanski, Reuters, Vladimir Soldatkin October 23, 2024
Leaders of the nations in the BRICS grouping, which accounts for 37 per cent of global economic output, predicted its influence would grow as they met in Russia on Tuesday, outlining common projects ranging from a grain exchange to a cross-border payments system.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Soybean, corn futures rise on increased export demand

By Heather Schlitz, Reuters October 22, 2024
Chicago soybean and corn futures turned higher on Tuesday as a flurry of export sales helped stem market pressure from a fast-moving U.S. harvest and improved planting weather in South America, analysts said.


Larger stocks limiting price outlook for lentils/peas
Markets

Larger stocks limiting price outlook for lentils/peas

By Phil Franz-Warkentin October 22, 2024
An expected increase in Canadian lentil and pea exports in 2024/25 is unlikely to result in higher prices, as increased production should cause the stocks-to-use ratios to widen.

Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)
News, Reuters

Ukraine foreign minister calls for support to stop Russian strikes on its Black Sea ports

By Reuters October 22, 2024
Ukrainian Foreign Minister Andrii Sybiha said on Monday he and Turkish President Tayyip Erdogan had discussed safe navigation for shipping in the Black Sea.


Poor growing conditions this year in the EU may create a greater opportunity for Canadian producers to sell their commodities overseas.  Photo: FIle
Markets

AAFC lowers canola ending stocks estimate

By Phil Franz-Warkentin October 22, 2024
Canadian canola ending stocks for the 2024-25 marketing year are forecast to be tighter than earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Oct. 21.

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Corn, soy futures up on flurry of export sales

By Heather Schlitz, Reuters October 21, 2024
Chicago corn and soybean futures rose on Monday as low prices spurred a flurry of international demand for U.S. grains and soy, analysts said.


File photo of a lentil crop before harvest in Saskatchewan. (Bobloblaw/iStock/Getty Images)
News

Producers to be paid out 75 per cent on claims against Global Food and Ingredients

By Geralyn Wichers October 21, 2024
Producers who weren't paid for deliveries to Global Food and Ingredients Inc. (GFI) will be paid 75 cents on the dollar for their claims the Canadian Grain Commission (CGC) said today.

FILE PHOTO: A man weighs lentils inside his shop in the southern Indian city of Chennai July 9, 2013. REUTERS/Babu/File Photo
News, Reuters

Indian buyers expect no disruption in Canadian lentil, potash supplies

By Rajendra Jadhav and Mayank Bhardwaj, Reuters October 21, 2024
Indian buyers do not expect supplies of Canadian lentils and potash to be affected by the diplomatic row between New Delhi and Ottawa, trade, industry and government officials said.


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