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CBOT weekly outlook: Markets prepare for Laura
Crops, Markets, Weather

CBOT weekly outlook: Markets prepare for Laura

Hurricane approaching U.S. Gulf Coast

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MarketsFarm — Hurricane Laura, currently a Category 3 hurricane, is expected to hit the U.S. Gulf Coast late Wednesday or early Thursday but the Chicago Board of Trade is already feeling its effects. “It’s going to bring widespread rain and flooding to the Delta region, where unharvested rice, corn and soybean crops may feel a […] Read more
Fall rye flowering in south-central Manitoba. (Allan Dawson photo)
Crops, Weather, Winter Wheat

Manitoba winter wheat, fall rye seeding deadlines extended

MASC spots growers an extra two weeks

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Manitoba’s provincial crop insurance agency will spot growers of fall rye and winter wheat an extra couple of weeks to get insurable crops in the ground. Manitoba Agricultural Services Corp. (MASC) announced Tuesday that growers can get full coverage on winter wheat or fall rye seeded from Aug. 15 to Sept. 25, and reduced coverage […] Read more
(Serts/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: Harvest activity pressures lentils

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MarketsFarm — With harvest activity beginning across most of the Prairies, pulse prices are experiencing typical harvest pressure. About 20 per cent of the lentil crop has been harvested in Saskatchewan, according to the province’s crop report from Thursday. The west-central region lagged furthest behind the province’s average rate, with just seven per cent of […] Read more
CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Crop concerns, Chinese buying spark rallies in soy, corn

CBOT December wheat closes higher

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Chicago | Reuters — Chicago Board of Trade corn and soybean futures rallied on Tuesday on rising export demand from China and concerns that deteriorating crop conditions will curtail the size of the U.S. fall harvest, traders said. Soybeans topped out at a seven-month high while corn jumped 2.6 per cent to its highest in […] Read more
CBOT December 2020 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy futures rise on crop concerns

Wheat sags from one-month peak

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Chicago | Reuters — U.S. corn and soybean futures rose on Monday on expectations that a government report will show crop ratings deteriorated in the past week, underpinning recent forecasts that pegged the harvest below the U.S. Agriculture Department’s latest outlook. A spate of dryness across the U.S. Midwest, combined with a severe wind storm […] Read more
A Meta Cannabis retail store on Yonge Street in Toronto. (CNW Group/Meta Growth)
Crops

Canadian cannabis retailers poised to merge

High Tide, Meta Growth to create biggest weed retailer

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Two major Canadian cannabis sellers are poised to create the largest pot retailer in the country by revenue. Calgary retailer High Tide Inc., which operates the Canna Cabana chain of stores in three provinces, announced a merger deal Friday to take up Toronto-based Meta Growth Corp., which runs the Meta Cannabis and NewLeaf Cannabis chains. […] Read more
A vessel loading at Parrish and Heimbecker’s Goderich, Ont. grain terminal. (Photo courtesy P+H)
Crops, Machinery

P+H reworks Lake Huron grain terminal for larger boats

Dust control also added at Goderich site

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Grain and agrifood firm Parrish and Heimbecker has built out the mooring structures at its Lake Huron grain terminal to allow “all configurations” of boats to load and unload there. The Winnipeg company announced Friday it has completed a new mooring dolphin at its terminal at Goderich, Ont., as well as a new vessel-loading spout […] Read more
File photo of cranes at the Port of Montreal. (Jean-Paul_Lejeune/iStock/Getty Images)
Crops

Truce reached in Montreal port strike

Longshoremen to return to work Sunday

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Striking longshoremen at the Port of Montreal plan to return to work Sunday morning, beginning a truce of up to seven months brokered by federal mediators. Federal Labour Minister Filomena Tassi announced Friday that the Canadian Union of Public Employees (CUPE) Local 375, Syndicat des debardeurs and the port’s Maritime Employers Association (MEA) have “concluded […] Read more

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