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CBOT July 2021 corn (candlesticks) with 20-day moving average (orange line) and December 2021 corn (dark green line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn exceeds eight-year high on global supply worries

Soybean, wheat futures also finish higher

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Chicago | Reuters — Chicago Board of Trade corn futures touched their highest price in more than eight years on Wednesday as concerns over global supplies and strong demand continued to fuel strong gains. A blistering rally in the market has raised costs for global producers of corn-based ethanol and of meat made from livestock […] Read more
Nutrien’s potash mine at Lanigan, Sask., about 100 km southeast of Saskatoon. (Nutrien.com)
Crops, Reuters

New Nutrien CEO to carry out current strategy

Schmidt to focus on potash price over boosting sales

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Winnipeg | Reuters — Canadian fertilizer and farm dealer Nutrien will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new CEO Mayo Schmidt said Tuesday. Surging prices of corn, soybeans and canola have given North American farmers more incentive to spend on fertilizer, lifting crop nutrient prices […] Read more
File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Harvest shortcomings could open doors to India

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MarketsFarm — As India’s pulse harvest continues, indications have been that initial projections might not be met — which could lead the world’s largest producer and consumer of pulses to allow more imports, MarketsFarm Pro analyst Mike Jubinville says. The Indian government expected about 11.5 million tonnes of chickpeas, but the harvest might bring in […] Read more
CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, dark green lines). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn tops $7 for first time since 2013 in most-active contract

High corn prices are not destroying demand, Bunge CEO says

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Chicago | Reuters — U.S. corn futures on Tuesday topped US$7 a bushel in the most-active contract for the first time since 2013 as unfavourably dry crop weather in Brazil kept attention on tightening global supplies. Surging prices have done little to curb robust demand for corn used to feed livestock and produce ethanol, opening […] Read more
A hemp plant in Alberta. (Jennifer Blair photo)
Crops, Markets

Hemp poised for year of gains

Nationwide increase in acres expected

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MarketsFarm — The hemp industry in Canada is set for a good year in 2021, according to Canadian Hemp Trade Association (CHTA) CEO Ted Haney. “It looks like we are looking at another 15 to 20 per cent increase in seeded acres nationally, which should take us over the 100,000-acre level for sure,” he said. […] Read more
Screenshot from an Alberta Agriculture video profiling Innisfail-based pulse and grain handler W.A. Grain and Pulse Solutions. (Alberta Agriculture and Forestry via YouTube)
Crops, Pulses

W.A. Grain enters receivership

Farmers owed money for grain delivered to this company should contact the Canadian Grain Commission

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Alberta-based grain and pulse handler and processor W.A. Grain + Pulse Solutions went into receivership April 26. Farmers who delivered grain to its faculties in Alberta and Saskatchewan but haven’t been paid should contact the Canadian Grain Commission (CGC). “We have not commenced a claims process yet,” CGC spokesman Remi Gosselin said in an interview […] Read more
CBOT July 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn hits eight-year high

Soybean, wheat markets slump

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Chicago | Reuters — Chicago Board of Trade corn futures hit their highest price since March 2013 on Monday on strong demand for limited U.S. supplies and concerns over dry weather hurting output in Brazil. Traders continue to focus on tightening global inventories as U.S. farmers plant corn and soy for the autumn harvest, rather […] Read more
File photo of the Port of Montreal. (Guy Banville/iStock/Getty Images)
Crops

Back-to-work rule for Montreal dockworkers clears Parliament

Bill granted royal assent Friday night

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A week-long strike by dockworkers at the Port of Montreal is expected to conclude after federal back-to-work legislation passed Parliament Friday evening. Bill C-29, introduced Tuesday in the House of Commons, cleared third reading in the Commons Wednesday and received three readings in the Senate and royal assent Friday. The port’s longshore workers, represented by […] Read more
File photo of Ontario cropland from the air. (IMNATURE/iStock/Getty Images)
Crops, Weather

Federal NDP introduces soil health bill

Proposal calls for a National Soil Health Advocate

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The federal New Democrats propose to set up a plan they say could help build up Canadian agriculture from the ground down. The NDP’s agriculture critic, British Columbia MP Alistair MacGregor, on Monday introduced a private member’s bill in the Commons to create a national soil health strategy for Canada. The strategy as proposed in […] Read more

Canadian Cattlemen Presents: Depth of Field

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