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CBOT July 2021 corn (candlesticks) with CBOT July 2021 wheat (orange line) and July 2021 soybeans (dark green line, left column). (Barchart)

U.S. grains: Corn, soy, wheat up after sell-off

Some traders feel Thursday's sell-off overdone

Chicago | Reuters — U.S. corn, soybean and wheat futures rose sharply on Friday, rebounding from steep declines a day earlier on bargain-buying ahead of the weekend and uncertainty about weather in the Midwest crop belt, analysts said. Fresh export interest lent support as this week’s break in futures appeared to stimulate demand. Chinese state-owned […] Read more


Storage tanks at a PBF Energy refinery at Delaware City, Delaware on Aug. 21, 2015. (File photo: Reuters/Charles Mostoller)

U.S. refiners amass biofuel liability as Biden mulls relief

Open RIN positions could hit refiners' earnings

New York | Reuters — U.S. merchant refiners have amassed up to a US$1.6 billion shortfall in the credits they will need to comply with U.S. biofuel laws, according to a Reuters review of corporate disclosures, an apparent bet that the Biden administration could let them off the hook or that credit prices will fall. […] Read more



CBOT July 2021 corn (candlesticks) with MGEX, CBOT and K.C. July 2021 wheat (green, black and orange lines). (Barchart)

U.S. grains: Corn, soy plunge on weather, broad commodities sell-off

CBOT wheat follows trend lower

Chicago | Reuters — U.S. corn and soybean futures fell sharply on Thursday, pressured by outlooks for rain and cooler temperatures in the Midwest crop belt, as well as spillover from broad-based selling in the commodities sector, analysts said. Wheat followed the weaker trend, with seasonal pressure noted from the U.S. winter wheat harvest. Chicago […] Read more

A DOT (now OmniPower) autonomous unit at work on the Olds College Smart Farm. (Olds College video screengrab via YouTube)

College farms, GFM Discovery Farm to get smarter together

Two Alberta colleges sign on for new CAAIN-backed network

A pair of Alberta college farms and Glacier FarmMedia’s Saskatchewan farm are the first to plug into a national network of “smart farms” to improve the ag sector’s smart technology experience. The Olds College Smart Farm will lead the Pan-Canadian Smart Farm Network, which will also include Glacier FarmMedia Discovery Farm at Langham, Sask. and […] Read more


(Flaman Group video screengrab via YouTube)

Clean ag tech adoption fund open for applications

Intake open and ongoing for Agricultural Clean Technology Program

A federal program farmers can use to invest in “cleaner” on-farm equipment — including money specifically for more efficient grain dryers — is now taking applications. Federal Agriculture Minister Marie-Claude Bibeau on Wednesday announced the $165.7 million Agricultural Clean Technology Program is “now open to applicants.” First launched in 2018 and earmarked for expansion under […] Read more

A view of BHP’s potash mine project north of Jansen, Sask. (BHP.com)

BHP delaying decision on Saskatchewan potash project

Jansen mine decision to be delayed by a few months

Melbourne | Reuters — BHP Group expects to present its board with a decision on whether to proceed with its Jansen potash project in Saskatchewan in a few months’ time — rather than mid-year — after choosing between two port options, an executive said on Thursday. The world’s biggest miner has estimated the project at […] Read more