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Crops Crops

Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)
Barley, Crops, Markets

Feed weekly outlook: Good grain yields seen in Saskatchewan, Manitoba

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MarketsFarm — Despite delays in the ongoing barley and wheat harvests across the eastern Prairies, early indications have suggested healthy amounts of grain production. “Eastern Saskatchewan and Manitoba still have a bit of harvest to go, but generally the yields are good,” Glen Loyns, general manager of JGL Commodities at Moose Jaw, Sask., said. “Quality […] Read more
Cannabis plants at a licensed indoor production facility in Winnipeg. (Dave Bedard photo)
Crops, Reuters

Canada to review impact of cannabis legalization four years on

Review will also look at regulatory challenges in pot sector

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Ottawa | Reuters — Canada on Thursday launched a review of the country’s legalization of recreational cannabis use four years ago to evaluate its impact on youth, Indigenous minorities and others, and analyze its effect on the economy and the illegal marijuana market. Canada became the first developed nation to legalize use of recreational marijuana […] Read more
One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)
Crops, Markets

Global wheat production rises, corn drops

IGC sees only slight changes in soy crop

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MarketsFarm — The International Grains Council (IGC) in London raised its estimate of total world grain production for 2022-23 from its August report, with most of the increases coming in wheat. Overall, the IGC projected total production to reach 2.256 billion tonnes, adding eight million from last month. Most of that came from higher harvest […] Read more
Manitoba Beef and Forage Initiative event attendees stand in a teff grass field.
Forages, Hay, Pasture

Manitoba trials forage grass from Africa

By
At one of Manitoba Beef and Forage Initiative’s (MBFI) field days this summer, MBFI showed off a new trial — teff grass. Initially grown in a plot trial at the Parkland Crop Diversification Foundation in 2020, MBFI decided to try the crop in a larger trial after seeing the success at the foundation. “I would […] Read more
CBOT December 2022 soft red winter wheat (candlesticks) with Bollinger bands (20,2), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S, grains: Wheat climbs as Ukraine war escalation feared

Corn, soybean futures retreat

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Chicago | Reuters — U.S. wheat futures hit their highest in more than two months on Wednesday on fears of an escalation in the Ukraine war that has disrupted crucial Black Sea grain exports, but pared gains as worries about the health of the global economy pressured the wider commodities sector. Corn and soybean futures […] Read more
Security forces detain a demonstrator during a protest on Sept. 21, 2022 in St. Petersburg against a mobilization of reservists ordered by Russian President Vladimir Putin. (Social media video screengrab obtained by Reuters)
Crops, Markets

CBOT weekly outlook: War chatter part of market chaos

Stronger U.S. dollar weighs on futures

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MarketsFarm — With the daily talk about Russia’s invasion of Ukraine, Scott Capinegro, president of Barrington Commodities at Barrington, Ill., has a special term for its effects on the Chicago Board of Trade (CBOT). “I call it the Putin rally,” he quipped, referring to Russian President Vladimir Putin, but lamenting the chaos the seven-month-old war […] Read more
ICE November 2022 canola (candlesticks) with Bollinger bands (20,2). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Seasonal upturn possible for canola

'Good underlying support' seen in futures

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MarketsFarm — ICE Futures canola contracts may soon be due for a seasonal turn higher as harvest pressure subsides and prices should be looking very attractive to end users. However, uncertain outside influences will still dictate the overall direction. “The field certainly gets muddied by issues of geopolitics,” said MarketsFarm analyst Mike Jubinville, pointing to […] Read more
Internally displaced Ethiopians queue to receive food aid in the Higlo camp for people displaced by drought, at the town of Gode in Ethiopia’s Somali region on April 26, 2022. (Photo: Reuters/Tiksa Negeri)
Crops, Reuters, Weather

Nearly a million people face starvation in hunger hotspots, U.N. agencies report

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London | Reuters — Nearly one million people in Afghanistan, Ethiopia, South Sudan, Somalia and Yemen are starving or will face starvation this year in the absence of aid, as the global food crisis worsens, United Nations agencies warned on Wednesday. Local conflict and weather extremes remain the primary drivers of acute hunger, aggravated this […] Read more
(Sollio Agriculture photo)
Crops

Sollio to exit southwestern Ontario grain handling

Country elevator assets to be sold after harvest, co-op to focus on ag retail

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One of Canada’s biggest ag co-operatives is moving ahead on plans to “optimize assets” by shedding its stake in grain handling in southwestern Ontario and focusing more closely on retail ag inputs. Sollio Agriculture, the agribusiness arm of Quebec-based Sollio Cooperative Group, on Tuesday announced it will start “an orderly wind-down” of its Ontario Grain […] Read more

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