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Crops, Markets, Reuters

U.S. grains: Soybeans end higher for direction amid Argentine supply woes

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Chicago | Reuters – U.S. soybean futures ended higher on Tuesday after trading both sides of even as the markets weighed South American rainfall against the ongoing labor strike disrupting Argentine exports, while traders took profits ahead of the U.S. holiday break. U.S. wheat futures also benefited from the cargo backups in Argentina, and corn […] Read more
Morris’ Quantum Air Drill had its first public appearance at Canada’s Farm Progress Show and its formal launch at Ag in Motion in 2018. (Grainews photo by Scott Garvey)
Crops, Machinery

Court approves Morris Industries’ sale to Rite Way

Yorkton plant, not included in deal, to close

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Seeding equipment manufacturer Morris Industries has been approved for sale to another Saskatchewan manufacturer — minus its Yorkton manufacturing plant, which is not part of the sale and is now expected to close by year’s end. Judge Shawn Smith of Court of Queen’s Bench in Saskatoon on Friday approved the sale of Morris to a […] Read more
Doug Chorney. (Manitoba Co-operator file photo by Allan Dawson)
Crops

Former KAP president promoted at CGC

KAP GM to replace Chorney as CGC's assistant chief

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The acting chief commissioner for Canada’s grain handling regulator has formally levelled up to the chief’s role, while the GM of Manitoba’s general farm group replaces him at the second seat. Federal Agriculture Minister Marie-Claude Bibeau on Monday appointed Doug Chorney — an agricultural engineer and grain and oilseed grower at East Selkirk, Man. — […] Read more
CBOT March 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans touch six-year high on Argentina strike, weather

Grains complex rebounds after stepping back on news of new coronavirus strain

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Chicago | Reuters — U.S. soybeans climbed to six-year highs on Monday as weather and export troubles in Argentina outweighed concerns of a new coronavirus strain hitting Britain. Corn and wheat futures traded near even as soybeans supported the grains complex. Chicago Board of Trade most-active soybeans gained 23-1/2 cents to $12.47-1/2 per bushel, after […] Read more
The World Trade Organization (WTO) headquarters in Geneva, Switzerland on Oct. 28, 2020. (Photo: Reuters/Denis Balibouse)
Crops, Reuters

Ban on food aid restrictions blocked at WTO

WTO says outcome 'disappointing' in difficult year

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Geneva | Reuters — World Trade Organization members were at odds on Friday over a proposal that would ban countries from restricting food aid deliveries, potentially complicating the response to a feared COVID-fuelled humanitarian catastrophe next year. The proposal was one of two related to the pandemic that failed to make headway at a three-day […] Read more
CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans touch 6-1/2 year high

Corn follows as traders eye South American crops

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Chicago | Reuters — U.S. soybean futures surged to their highest in 6-1/2 years on Friday as the rain outlook in key South American growing areas remained uncertain, threatening harvest prospects as global demand strengthens, traders said. Forecasts of low U.S. soybean inventories and strong demand from U.S. processors and importers like China have made […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Barley market cools ahead of New Year

More strength is still likely, however

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MarketsFarm — The feed market in Western Canada may be stabilizing heading into the holiday season, but underlying fundamentals remain supportive and could lead to more strength in the New Year. While the market was holding steady in mid-December, “I think it will go back up in January/February/March,” said Mike Fleischhauer of Eagle Commodities in […] Read more
(Fudio/iStock/Getty Images)
Crops, Reuters

People growing too much pot at home, Health Canada warns

Pressure on to prevent abuse of home-grow program

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Reuters — Health Canada on Thursday raised concerns about the large quantity of medical marijuana people were growing at home, after its data showed a significant jump in daily average production permitted by health care practitioners. While the practitioners can allow registered patients to grow a limited amount at home for personal use, the regulator’s […] Read more

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