J.P. Morgan’s estimate puts the market cap of a combined Bunge and Viterra at around US$25 billion.

Bunge, Viterra merger would create global ag trading giant

Companies have some overlap in Canadian crushing

Reuters — A merger of U.S. grains merchant Bunge Ltd. with rival Viterra would grow the combined entity’s businesses in the U.S., Brazil and Australia and may raise competition concerns in parts of Canada and Argentina, where key oilseed processing assets overlap, analysts said. Sources last week said Bunge and Viterra were in talks for […] Read more

CBOT July 2023 soft red winter wheat with Bollinger bands (20,2), MGEX July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat bounces off 2-1/2 year low

Corn, soy futures pare losses

Chicago | Reuters — Chicago wheat futures closed higher on Wednesday on a round of bargain buying after the benchmark July contract dipped to its lowest level in nearly 2-1/2 years, dragged down by strong competition for export business and macroeconomic worries, brokers said. Similarly, U.S. corn and soybean futures recovered from steep declines, with […] Read more


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

CBOT weekly outlook: Quick seeding bringing down prices 

U.S. debt ceiling negotiations affected crude oil prices, agricultural commodities mostly immune

MarketsFarm – Prices for corn, soybeans and wheat on the Chicago Board of Trade (CBOT) were pressured by fast planting paces during the week ended May 31, according to one trader.  The U.S. Department of Agriculture (USDA) reported on May 30 that 92 per cent of the country’s corn crop was planted as of Sunday, […] Read more

Field peas. (Lisa Guenther photo)

Pulse weekly outlook: Manitoba crops get good start but need rain

Some bean growers seek moisture at lower planting depths

MarketsFarm — Pulse growers in Manitoba are waiting for one thing: rain. So far in May, growing areas of the province have not seen any significant precipitation, according to Dennis Lange, industry development specialist for pulse crops with Manitoba Agriculture. Dry beans, he said, are the last pulse crop farmers have been planting in Manitoba […] Read more


CBOT July 2023 soft red winter wheat with 20- and 50-day moving averages, MGEX July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat, corn, soy fall on uncertain demand, weather

Sagging equities, crude oil also bearish on grains

Chicago | Reuters — U.S. wheat, corn and soybean futures tumbled on Tuesday, pressured by macroeconomic worries, strong competition for global grain export business and some forecasts for beneficial Midwest rains next month that could bolster production prospects, analysts said. “The wetter outlook removed the one factor providing stability for the grain and oilseed markets, […] Read more

(Romaset/iStock/Getty Images)

Canada’s combine sales up in April

Small tractor sales drag on total retail movement

Retail sales of combines in both Canada and the U.S. showed a marked increase in April this year while the market for sub-compact tractors continues to soften, new data shows. The count for April 2023 from the Association of Equipment Manufacturers (AEM) puts self-propelled combine sales in Canada at 166, up 50.9 per cent from […] Read more


(Viterra.ca)

April grain deliveries see increases all around

Barley deliveries up sharply

MarketsFarm –– Producer deliveries of major grains last month were up nearly 40 per cent when compared to April 2022, according to Statistics Canada (StatCan). In April 2023 more than 3.44 million tonnes of grain were delivered, versus 2.46 million a year ago. The uptick in deliveries continued to demonstrate the sizeable harvest farmers reaped […] Read more

Smoke rises from a wildfire southeast of Fort Nelson in northeastern B.C. on May 27, 2023. (Photo: B.C. Wildfire Service/Handout via Reuters)

Prairie Forecast Update: A few small tweaks

Forecast issued May 28, covering the period from May 29 to 31

The weather regime across southern and central Canada is currently being dominated by a large sprawling surface high over eastern regions with a slowly digging trough of low pressure over the West Coast. The flows around these two features have been producing warm summer-like conditions across the eastern Prairies with slightly cooler conditions as you […] Read more


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)

Black Sea grain deal slow to get moving after extension

Ukraine says Russia has effectively frozen out one port

United Nations | Reuters — A deal allowing the safe wartime export of grain and fertilizer from Ukrainian Black Sea ports has not yet resumed full operations, the United Nations said on Friday, having come to a halt before Russia’s decision last week to extend it. The pact called the Black Sea Grain Initiative, brokered […] Read more

CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn hits one-month high on weather worries

Soybean, wheat futures also advance

Chicago | Reuters — Chicago Board of Trade corn futures reached a one-month high on Friday as forecasts for dry weather in the U.S. Midwest kept attention on early risks to this year’s crop. Soybean and wheat futures also rose, with the agricultural markets posting weekly gains following recent declines to multi-month lows. Traders added […] Read more