Brazil farmers say GMO corn no longer resistant to pest

Genetically modified corn seeds are no longer protecting Brazilian farmers from voracious tropical bugs, increasing costs as producers turn to pesticides, a farm group said on Monday. Producers want four major manufacturers of so-called BT corn seeds to reimburse them for the cost of spraying up to three coats of pesticides this year, said Ricardo […] Read more

GRAINS: Corn bounces but posts 5th weekly loss on supply pressure

Reuters — U.S. corn futures inched higher on bargain buying Friday but posted a fifth consecutive weekly loss as expectations of record yields in this autumn’s harvest continued to hang over the market, traders said. Wheat rose on short-covering buying as the market consolidated above contract lows set this week, while soybeans ended mixed. At […] Read more



GRAINS: U.S. soybeans extend advance on exports, weather worries

Reuters — U.S. soybean prices rose to a near two-week high on Thursday on firm export demand and concerns that dry weather in parts of the Midwest crop belt might jeopardize yield prospects, traders said. Corn futures fell to fresh four-year lows, retreating from early gains, and wheat also fell. At the Chicago Board of […] Read more


GRAINS: Soybeans hit over one-week high, U.S. old-crop supply tightens

Reuters — Front-month soybean futures rose to their highest level in more than a week on Wednesday, supported by firming U.S. cash markets as supplies of old-crop soybeans dwindle with the autumn harvest still about two months away, traders said. Corn futures fell to a fresh four-year low while wheat was mixed in choppy trade. […] Read more

Grain bags catching on in the U.S. Midwest

Reuters — As U.S. farmers turn in record grain crops this autumn, many will have a powerful new tool — giant sausage-shaped storage bags — to help them avoid the lowest prices in years and gain more control over trade with giants such as Cargill Inc. Demand has surged this summer for the white polyethylene […] Read more


GRAINS: U.S. corn slides to 4-yr lows on bright harvest prospects

U.S. corn futures drifted to fresh four-year lows on Tuesday, erasing early gains as favorable weather forecasts bolstered expectations for a bumper harvest, traders said. Wheat followed corn down. Soybeans closed mostly lower, led by new-crop months, but the spot August contract rose on export demand for U.S. soybeans and soymeal. At the Chicago Board […] Read more

Ag Canada tightens grain/oilseed stocks projections

CNS — Ending stocks of Canada’s major grains and oilseeds at the close of the upcoming 2014/15 (Jul/Nov) crop year will be tighter than earlier projections, according to updated supply/demand tables released by Agriculture and Agri-Food Canada’s market analysis branch on July 22. The latest tables take into account the latest acreage estimates released by […] Read more



GRAINS: Wheat futures fall a day after Ukraine crash price spike

Reuters — U.S. wheat futures fell 3.4 per cent on Friday, erasing gains posted a day earlier following the downing of a Malaysian commercial airliner over eastern Ukraine, while Chicago Board of Trade corn futures also declined and soybeans were mostly lower. Investors were worried an escalation of the conflict between Ukraine and Russia, both […] Read more