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U.S. grains: Wheat, soy futures hit multi-year highs
Crops, Markets, Reuters, Weather

U.S. grains: Wheat, soy futures hit multi-year highs

Dry weather in U.S., Russia, Argentina supports wheat prices; soybeans, corn rise as Brazil also dry for planting

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Chicago | Reuters — U.S. wheat and soybean futures soared to multi-year highs on Wednesday as unfavourable weather threatened production in exporting countries. Dryness has raised concerns among traders about the prospects for wheat planting in the U.S. Plains and the Black Sea region and for soybean planting in Brazil. Weather in the southern U.S. […] Read more
(iStock/Getty Images Plus)
Crops

Second Seeds Canada merger vote to proceed sans CSGA

Seed Growers membership had voted against amalgamation deal

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A proposal to combine Canada’s seed industry groups into a single organization, to be dubbed Seeds Canada, will be subject to a new vote, this time with one less group on board. The Canadian Seed Trade Association (CSTA), Canadian Plant Technology Agency (CPTA); Commercial Seed Analysts Association of Canada (CSAAC) and Canadian Seed Institute announced […] Read more
CBOT December 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Dry weather pushes CBOT wheat, soy to multi-year peaks

Chicago corn also rallies

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Chicago | Reuters — U.S. wheat and soybean futures jumped to multi-year highs on Tuesday, supported by concerns about dry weather in key production areas, traders said. Corn futures hit their highest level in 8-1/2 months, joining in the rally as the U.S. harvest pace fell below expectations despite ideal weather for field work. But […] Read more
File photo of a U.S. cotton crop. (BCFC/iStock/Getty Images)
Crops, Reuters, Weather

Study shows how U.S. farm landscapes could be reshaped by climate

Plains' wheat belt would see 'hollowing-out'

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London | Thomson Reuters Foundation — Climate change could render swaths of agricultural land largely useless for farming in the U.S. South, and force Midwestern farmers to move corn and soybeans elsewhere as crop yields decline, researchers said on Monday. The profits of growing six key crops are set to fall by almost a third […] Read more
(Natt Boonyatecha/iStock/Getty Images)
Canola, Crops, Machinery, Reuters

U.S. oil refiners press on renewable diesel for Canadian market

Few such projects seen moving forward within Canada

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Winnipeg/New York | Reuters — U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada’s greener fuel standard before Canadian refiners modify their own plants. Canadian Prime Minister Justin Trudeau’s government intends to present its Clean Fuel Standard this year, aiming to cut 30 million tonnes of emissions by […] Read more

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