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Chickpeas. (CalypsoArt/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Canadian exports solid

Bangladesh, Pakistan now buying Canadian peas

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MarketsFarm — Canadian pulse exports are running well ahead of their year-ago level, with some demand rationing likely over the next few months as supplies tighten ahead of the new-crop harvest. Canada has exported 1.56 million tonnes of lentils during the crop year to date, with Turkey the top destination at 421,000 tonnes followed by […] Read more
CBOT July 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soy, corn tumble on improving crop prospects, export competition

Chicago wheat futures follow downtrend

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Chicago | Reuters — U.S. spot soybean futures fell 2.6 per cent on Tuesday to multi-month lows and corn futures slipped nearly two per cent, pressured by decent U.S. Midwest crop weather and strong competition for global export business, traders said. Wheat followed the lower trend. Chicago Board of Trade July soybeans settled down 36-3/4 […] Read more
A vessel is seen arriving at Odesa in southern Ukraine under the Black Sea Grain Initiative on April 12, 2023. (Photo: Yulii Zozulia/Nurphoto via Reuters Connect)
Crops, Markets, Reuters

Loss of Black Sea grain deal not seen as threat to global supplies, for now

Alternate routes exist but would be more expensive

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Geneva | Reuters — The end of the Black Sea grain deal would not pose an immediate threat to the world market as Ukraine would still be able to export supplies, although at such a high cost that production in the war-torn country would likely fall even further. Turkey, Ukraine, Russia and the United Nations […] Read more
(CaseIH.com)
Crops, Reuters

French court bans sale of two Touchdown glyphosates

Court cites lack of analysis of effects on wildlife

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Paris | Reuters — A French court has banned the sale of two glyphosate-based herbicides produced by Swiss chemical group Syngenta because of a lack of analysis on the chemical’s potential harm to some wildlife. “The decision on Sept. 30, 2020 by French health security agency ANSES to renew the marketing authorization for the chemical […] Read more
Vessels are seen as they await inspection under the Black Sea Grain Initiative, brokered by the UN and Turkey, in the southern anchorage of the Bosphorus at Istanbul on Dec. 11, 2022. (File photo: Reuters/Yoruk Isik)
Crops, Reuters

U.N. efforts to save Black Sea grain deal to continue in coming days

Russia demands include restarting ammonia pipeline

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United Nations | Reuters — The U.N. aid chief said on Monday efforts will continue in coming days to extend a deal allowing the safe Black Sea export of Ukraine grain, a pact Russia has threatened to quit effective Thursday over obstacles to its grain and fertilizer exports. The final two ships are due to […] Read more
CBOT July 2023 soft red winter wheat with 20-day moving average, MGEX July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat rises four per cent on U.S. crop outlook

Chicago corn, soy futures climb

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Chicago | Reuters — U.S. wheat futures rose about four per cent on Monday, supported by a lower-than-expected official forecast of U.S. supply next season and doubts over the renewal of a deal on the shipping corridor from Ukraine before a deadline this week. Corn and soybean futures also advanced, supported by strength in wheat […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

Canola fund short position narrows slightly in early May

Traders reduce net long in soybeans

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MarketsFarm –– Fund traders were buying back short positions and putting on some new longs in the canola futures market during the first full week of May, causing the net short position to narrow in slightly, according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading Commission (CFTC). As of May […] Read more
Photo: iStock/Getty Images
Canola, Crops, Markets

U.K. to increase rapeseed, product output in 2023-24

Input costs seen down so far this year

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MarketsFarm — With the rapeseed crop in the United Kingdom estimated at 66 per cent good to excellent, the U.S. Department of Agriculture attaché in London, forecast production for 2023-24 to be 1.38 million tonnes. That would make for a 1.4 per cent increase over the 2022-23 crop. While the attaché pegged planted and harvest […] Read more
(Thinkstock photo)
Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids rise ahead of U.S. WASDE report

Warmer weather should help advance spring seeding

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MarketsFarm — Bids for red spring wheat in Western Canada went up, while durum prices declined for the week ended Thursday as traders and analysts await the latest data from the U.S. Department of Agriculture (USDA). USDA released its monthly world agricultural supply/demand estimates (WASDE) report on Friday, including the first production estimates for new […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops, Markets

Record U.S. corn, soybean crops for 2023-24, USDA says

U.S., worldwide wheat ending stocks expected down on year

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MarketsFarm — The United States may be in the midst of growing record-breaking corn and soybean crops if the U.S. Department of Agriculture (USDA) is correct. USDA on Friday released its monthly world agricultural supply/demand estimates (WASDE), which included its first U.S. production estimates for 2023-24. The report also provided ending stocks projections for new […] Read more

Canadian Cattlemen Presents: Depth of Field

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