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Manitoba growers approve five-way commodity group merger

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Manitoba grain growers represented by five separate commodity organizations have voted to greenlight a merger they now expect to make official by August. A total of 165 ballots were cast Wednesday and Thursday during the groups’ annual general and special meetings at the CropConnect conference in Winnipeg, with members at the various events voting between […] Read more
Crops, Markets, Reuters

U.S. grains: Soy up on prospects for Chinese demand

U.S. dollar strength drags on wheat, corn

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Chicago | Reuters — U.S. soybean futures rose on Thursday, rallying from early declines on short-covering and prospects for China to step up purchases of U.S. supplies as the U.S.-China Phase One deal goes into effect in days, traders said. But wheat and corn futures fell, pressured by a stronger U.S. dollar, worries about economic […] Read more
Crops, Reuters, Spring Wheat

Sudan to continue to subsidize bread but with ‘justice’

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Khartoum | Reuters — Sudan will continue to subsidize bread prices during transitional rule after Omar al-Bashir’s ouster but wants to achieve “justice” in distributing income supports, its trade and industry minister said on Wednesday. Bread shortages, caused by difficulties in raising hard currency to import wheat, triggered mass protests which — with the help […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat sags on adequate world supplies, fund selling

Corn follows wheat lower; soy flat

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Chicago | Reuters — U.S. wheat futures fell to a seven-week low on Tuesday as signs of adequate global supplies and softening world cash prices triggered a round of what appeared to be fund-driven long liquidation, analysts said. Corn futures also fell while soybeans ended flat to fractionally higher after the U.S. Department of Agriculture […] Read more
Crops, Reuters

Ethanol woes spur new feed focus for Green Plains

Biofuel maker to reinvent itself as DDGS-based feed maker

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Chicago | Reuters — Green Plains Inc., one of the biggest U.S. ethanol producers, is planning to flip its business model upside down to survive a crash in prices for the corn-based fuel. The company will invest some $400 million in the next two to three years at its 13 plants to make high-protein, corn-based […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat, corn up on technical buying, export optimism

Soybean traders remain cautious

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Chicago | Reuters — U.S. corn and wheat futures rose on Thursday on chart-based buying and short-covering coupled with optimism about prospects for U.S. agricultural export sales to China, traders said. Soybean futures firmed but trailed the advances in grains. Chicago Board of Trade March corn settled up 4-1/4 cents at $3.83-1/2 per bushel after […] Read more
Crops, Soybeans

GFO quits Grain Growers of Canada

Grain Farmers of Ontario flags national group's 'governance' and structure

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Grain Farmers of Ontario has dropped out of Grain Growers of Canada. The Ontario organization, which represents about 28,000 barley, corn, oat, soybean and wheat farmers in the province, cited a lack of representation in the national policy group. GFO publicly announced its withdrawal in a news release on Thursday, days after it informed the […] Read more

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