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Crops Crops

CBOT September 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn futures firm

CBOT soy eases on U.S. Midwest rain forecast

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Chicago | Reuters — U.S. corn and wheat futures ticked higher on Wednesday, supported by a round of bargain buying and short-covering after posting sharp declines a day earlier, traders said. Soybean futures weakened to their lowest level since July 14, with forecasts in key growing areas of the U.S. Midwest calling for rains that […] Read more
Chickpeas. (CalypsoArt/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Chickpea market under pressure

Current crop up against disease issues

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MarketsFarm — Lost demand due to the COVID-19 pandemic is keeping pressure on the Canadian chickpea market, despite disease issues causing problems for nearly a third of the country’s crop, according to an industry source. After disease caused problems for chickpeas in some areas of southern Saskatchewan in 2019, the radius of the problem area […] Read more
Smoke rises from the site of an explosion in Beirut’s port area on Aug. 4, 2020. (Photo: Reuters/Mohamed Azakir)
Crops, Reuters

Wheat in Beirut’s port granaries not usable

Lebanon will import wheat, economy minister says

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Cairo | Reuters — Lebanon’s economy minister, Raoul Nehme, told local media on Tuesday that the wheat in Beirut’s port granaries cannot be used and that the ministry lost track of seven employees in the granaries. The minister also told local media that Lebanon will import wheat and added that the country currently has enough […] Read more
CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Crop expectations spark sell-off in corn, soy futures

Bleak export prospects sink CBOT wheat

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Chicago | Reuters –– U.S. corn and soybean futures posted sharp declines on Tuesday, with the market focused on expectations for bumper yields across the U.S. Midwest this fall due to forecasts for rain in key growing areas, traders said. On a continuous basis, corn futures dropped to their lowest level since June 29 while […] Read more
(Bayer.com)
Crops, Reuters

Bayer books second-quarter loss after settlement

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Frankfurt | Reuters — German drugs and pesticides group Bayer reported a 9.5 billion-euro (C$14.86 billion) net loss for its second quarter, following a US$10.9 billion settlement of U.S. lawsuits claiming that its Roundup herbicide caused cancer. The charges stemmed mainly from agreements which attempted to wrap up legal disputes inherited with its US$63 billion […] Read more
CBOT September 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat futures fall on U.S. export woes

Corn, soybeans firm

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Chicago | Reuters — U.S. wheat futures dropped two per cent on Monday as rising expectations for harvests in Russia and Australia cast a shadow over already weak demand prospects for U.S. supplies, traders said. “Even though our prices are low, we are still being undersold,” said Al Kluis, managing director of Kluis Commodity Advisors. […] Read more
Huawei chief financial officer Meng Wanzhou leaves her family home in Vancouver in this May 8, 2019 file photo. (Photo: Reuters/Lindsey Wasson)
Canola, Crops, Reuters

Canada says requirements for Huawei exec’s extradition to U.S. met

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Reuters — Canada’s attorney general says the requirements for extraditing Huawei chief financial officer Meng Wanzhou to the United States on charges of bank fraud have been met, documents submitted in a British Columbia court show. Meng, 48, was arrested in December 2018 on a warrant from the United States, which alleges that she misled […] Read more
The money will be aimed at improving living quarters for temporary foreign workers, the federal government said. Photo: Getty Images
Fruit/Vegetables, General

Feds put up $58.6 M for temporary foreign worker supports

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Glacier FarmMedia – The federal government is announcing $58.6 million in new money to further support temporary foreign workers in Canada’s agricultural sector, it was announced July 31. Spending is expected to focus on health and safety of temporary foreign workers in Canada. Farmers will be eligible to access $35 million, administrated through Agriculture and […] Read more

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