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(Video screengrab from Alberta Agriculture and Forestry via YouTube)
Crops

Federal fund, Alberta government back irrigation upgrades

Infrastructure Bank lends cash for system improvements

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Eight irrigation districts in Alberta are set to tap into the Canada Infrastructure Bank’s new $1.5 billion pool of funding earmarked for irrigation, to receive loans worth about $407.5 million. The Alberta and federal governments on Friday announced a total investment of $815 million — including repayable CIB funds, provincial support and irrigation district contributions […] Read more
Violife’s vegan cheese-substitute lines include cheddar-style slices. (ViolifeFoods.com)
Canola, Crops

Becel maker Upfield to relocate Ontario plant

Company to make vegan cheese substitutes, other spreads at Brantford

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The maker of Becel margarine, Imperial spreads and, most recently, vegan near-cheese Violife plans to boost its Canadian manufacturing capacity with a move from Toronto to Brantford, Ont. The Canadian arm of Amsterdam-based Upfield said Wednesday it has bought a 164,000-square foot industrial building at Brantford and “brings a significant investment involving the purchase of […] Read more
File photo of a wheat crop in Argentina. (Gracieross/iStock/Getty Images)
Crops, Markets, Spring Wheat, Winter Wheat

Argentina approves drought-tolerant GM wheat

Variety would need Brazil approval before going commercial

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MarketsFarm — Argentina has become the first country in the world to approve cultivation and consumption of a genetically modified wheat variety, the country’s National Commission for Science and Technology (CONICET) announced Thursday. “This is the first approval in the world for drought-tolerant genetic transformation in wheat,” CONICET said in a statement. Argentina is the […] Read more
CBOT November 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybean futures hit 2018 highs as supplies tighten

USDA cuts domestic soy ending stocks; traders expect more demand from China

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Chicago | Reuters — Chicago Board of Trade soybean futures surged to their highest prices since March 2018 after the U.S. Department of Agriculture on Friday said inventories will dwindle to a five-year low. Corn futures advanced to a one-year high, while wheat futures slumped in a setback from a five-year high reached on Thursday. […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops, Markets

USDA’s WASDE bullish for soy, corn, wheat

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MarketsFarm — The October world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) shows lower U.S. ending stocks for soybeans, corn and wheat. Projected U.S. soybean ending stocks for 2020-21 were lowered to 290 million bushels from last month’s projection of 460 million. Last year, carryout stocks were at 523 […] Read more
CBOT December 2020 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: CBOT wheat falls after hitting highest since 2015

Chicago corn, soybean futures ease

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Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.9 per cent on Thursday, falling from their highest in more than five years, as traders locked in profits ahead of a key U.S. government report. Soybeans and corn also eased from recent peaks but losses were kept in check by strong export demand. […] Read more
An ammonia and nitrogen fertilizer plant in Russia. (Saoirse_2010/iStock/Getty Images)
Crops, Reuters, Weather

Fertilizer use fuelling climate-warming nitrous oxide emissions, study says

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London | Reuters — Rising use of nitrogen-based fertilizers is driving up global emissions of nitrous oxide, a lesser-known greenhouse gas, complicating efforts to limit climate change, scientists reported in a study on Wednesday. Most of the focus in curbing climate-warming gas emissions has focused on the most abundant, carbon dioxide, and one of the […] Read more
ICE November 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: ‘Demand-pull’ environment supports canola

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MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, moving back toward the contract highs hit in September. Canola is pushing upside chart limits and modest corrections are likely going forward, but the fundamentals remain supportive and “the trend is up until further notice,” said analyst Mike Jubinville of MarketsFarm Pro. […] Read more
CBOT December 2020 corn with Bollinger (20,2) bands. (Barchart)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Watch for USDA’s corn, soy stocks numbers to decline

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MarketsFarm — Expect ending stocks for U.S. corn and soybeans to be lower in the upcoming supply and demand report from the U.S. Department of Agriculture (USDA), said Scott Capinegro of Barrington Commodities at Barrington, Ill. USDA is scheduled to release its next world agriculture supply and demand estimates (WASDE) on Friday at 11 a.m. […] Read more

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