Chicago Board of Trade (CBOT) soybean futures jumped two per cent on Wednesday, climbing back above $12 a bushel as commodity funds appeared to cover short positions, brokers said, while news of fresh U.S. soybean export sales and excessive rains in Argentina lent support.
U.S. grains: Soybeans climb back above $12 a bushel while wheat stumbles
Rangebound outlook for CBOT soybeans/corn in short-term
Soybean and corn futures at the Chicago Board of Trade have both shown some strength over the past week but should be expected to hold relatively rangebound in the short term ahead of acreage data due out at the end of the month, according to an analyst.
ICE Weekly: Canola hitting highest levels since January
Nearly seven months of price pressures and fund selling creating a lengthy downturn have given way to canola trending higher for the first time in 2024.
Veterinary association calls on federal government to address workforce shortage
National testing centre is needed to onboard internationally-trained vets, CVMA says
An organization representing Canadian veterinarians is calling for the federal government to intervene as it faces what it calls a severe workforce shortage.
Tightening canola ending stocks for 2024/25: AAFC
Canadian canola ending stocks will likely be tighter by the close of the upcoming 2024/25 marketing year, while the wheat carryout should rise, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released March 19.
Prairie forecast: Is winter making one last push?
Issued March 20, covering March 20-27, 2024
A sprawling Arctic high pressure system is poised to dominate the region, ushering in colder-than-normal temperatures reminiscent of January's grip, but not as cold. While cold snaps this time of year often bring snow, the prevailing high pressure suggests storm activity will largely skirt the area, save for southern and southwestern Alberta where significant snowfall is anticipated.
Polish farmers intensify protests against ‘executioner’ EU
Germany proposes income smoothing to reduce farmers' taxes in face of farmer anger
Polish farmers blocked roads with tractors and flares on Wednesday in escalating protests against EU environmental regulations and cheap food imports from neighbouring Ukraine which the bloc provisionally agreed to prolong.
U.S. grains: Wheat, corn tick up on short covering; soybeans falter
Chicago Board of Trade (CBOT) wheat and corn futures strengthened on Tuesday on technical moves as traders seek to unwind short positions ahead of uncertain springtime weather and upcoming U.S. Department of Agriculture reports, analysts said.
Strong duty-free Indian yellow pea demand could continue
Solid exports of Canadian yellow peas to India over the past few months could continue for longer, as officials contemplate extending duty-free imports once again.
Klassen: Feeder market adjusts to lower supplies
Western Canadian prices for backgrounded replacements were $2 to $4 higher than last week. Lower flesh yearlings were valued $3 to $8 above week-ago levels. Prices for calves under 800 pounds were up $3 to $7 compared to seven days earlier with noted strength in feeders under 600 pounds.
Canadian Cattlemen Presents: Depth of Field
