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CBOT March 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

CBOT weekly outlook: Markets could go higher after U.S. Thanksgiving

Ethanol data show demand for corn

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MarketsFarm — Just ahead of the Thanksgiving holiday in the United States, the Chicago Board of Trade was pulling back a little, generating double-digit losses in most wheat contracts, while corn and soybeans were down by smaller amounts. However, from Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill., sits, the trend after Thanksgiving […] Read more
CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat down three per cent

Soy, corn also sag on pre-holiday slide

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Chicago | Reuters — Chicago wheat futures fell more than three per cent on Wednesday and corn and soybean futures also slipped as traders booked profits after recent highs in all three markets, and ahead of Thursday’s U.S. Thanksgiving holiday, analysts said. Chicago Board of Trade March wheat futures settled down 21 cents at $5.96-1/2 […] Read more
File photo of a rye field in Kazakhstan. (Stsmhn/iStock/Getty Images)
Crops

Beware of Kazakhs wanting to buy seed, agency says

Seed growers and farmers alike are being warned such sales breach breeders' rights rules

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Western Canadian seed growers, seed retailers and commercial farmers are being urged not to sell seed to Kazakhs or their agents because it breaches plant breeders’ rights rules. “The basic fact is no Canadian breeder has given permission for their genetics to go to Kazakhstan,” Lorne Hadley, executive director of the Canadian Plant Technology Agency, […] Read more
Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)
Canola, Crops, Markets, Soybeans

October crush numbers up, canola record set

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MarketsFarm — Canadian oilseed processors crushed a record amount of canola during October 2020, according to the latest data from Statistics Canada. Increases were reported throughout the canola and soybean crushes when comparing this October with October 2019. October 2020 saw 931,060 tonnes of canola crushed, which bested the previous record of 899,331 tonnes set […] Read more
CBOT March 2021 wheat (candlesticks) with K.C. (green line) and MGEX (orange line) March 2021 wheat. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat up on crop ratings

Corn drifts lower, soybeans down day after touching $12

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Chicago | Reuters — Chicago wheat futures climbed to two-week highs on Tuesday as a surprise decline in winter wheat condition ratings raised concerns about supplies of the food grain, traders said, while corn futures ticked lower ahead of Thursday’s U.S. Thanksgiving holiday. Chicago Board of Trade March wheat futures settled up 13 cents at […] Read more
(Dave Bedard photo)
Crops, Reuters

U.S. puts duties on phosphate from Morocco, Russia

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Reuters — The U.S. Department of Commerce said Tuesday it would set preliminary duties on phosphate fertilizer imports from Russia and Morocco, after launching an investigation to determine if producers in these countries were receiving unfair subsidies. The department set preliminary duties of 23.46 per cent on imports from Morocco’s OCP Group and other producers […] Read more
(Piyaset/iStock/Getty Images)
Crops, Pulses

Farmers retrieve beans from Global Grain

That will cut the amount of security money needed to cover what farmers are owed

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The Canadian Grain Commission (CGC) is still tallying how much farmers are owed by Global Grain Canada Ltd. at Plum Coulee, Man. for dry beans they delivered to the firm but weren’t paid for. However, the potential for farmers not getting what they are owed has been reduced, CGC spokesman Remi Gosselin said in an […] Read more
(Farm-King.com)
Crops, Machinery

Buhler pulls Farm King manufacturing back to Canada

Work to halt at Minnesota plant early next year

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Winnipeg farm equipment maker Buhler Industries is relocating its Farm King manufacturing work back to Canada from the U.S. this winter. After consolidating its U.S. manufacturing this summer into one plant at Willmar, Minn., about 140 km west of Minneapolis, the company said Thursday it will also halt production at Willmar in early 2021. Buhler, […] Read more

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