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CBOT July 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans sink on Midwest weather

Wheat plunges on technical selling, harvest pressure

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Chicago | Reuters — U.S. corn and soybean futures fell for a fifth straight session on Friday on crop boosting rains across the Midwest and positioning ahead of government reports on U.S. plantings and stocks due next week. Wheat futures tumbled to contract lows, with soft red winter wheat hitting its lowest in nearly 10 […] Read more
(File photo by Laura Rance)
Crops, Markets

New declaration requirements coming up for grain deliveries

Regulatory changes also allow Canadian grades for U.S.-grown grain

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Changes are afoot as early as next week for growers from all across Canada — and from the United States — who deliver grain to licensed Canadian buyers, as revised trade rules take effect between the two countries. With the Canada-United States-Mexico Agreement (CUSMA), the successor trade deal to NAFTA, taking effect, new regulations addressing […] Read more
File photo of Canada’s chief public health officer Dr. Theresa Tam at a news conference in Ottawa on April 9, 2020. (Photo: Reuters/Blair Gable)
Crops, Reuters

Tam seeks details on Ontario’s COVID-19 farm worker guidelines

Windsor-Essex area reports six ag-related outbreaks as of Thursday

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Ottawa/Toronto | Reuters — Canada’s top public health official said on Thursday she plans to seek more information from Ontario about the province’s plan to allow some COVID-19 positive people with no symptoms to return to their jobs — a risky policy, according to workers’ advocates and some doctors. Ontario, Canada’s most populous province, issued […] Read more
CBOT August 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

CBOT weekly outlook: Corn, soy in ‘Groundhog Day’ mode ahead of report

Traders expect report to show more U.S. soy acres, less corn area

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MarketsFarm — Soybean and corn futures at the Chicago Board of Trade are biding their time in narrow, rangebound trade, awaiting updated acreage and stocks data from the U.S. Department of Agriculture later in the month. “It’s almost like Groundhog Day,” said Terry Reilly of Futures International in Chicago, referring to the 1993 movie in […] Read more
File photo of a green soybean crop south of Winnipeg. (Dougall_Photography/iStock/Getty Images)
Crops, Markets, Reuters, Weather

U.S. grains: Soy, corn slump on crop weather, economic concerns

U.S. Midwest sees generally mild temperatures

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Chicago | Reuters — U.S. soybean futures eased for a third straight session on Wednesday and corn futures were mostly lower as forecasts for rains and limited crop-stressing heat across the Midwest farm belt bolstered production prospects. Weak outside markets also hung over grain futures, with equities and crude oil posting steep losses as rising […] Read more
(Dave Bedard photo)
Crops

U.S. settlements not expected to change availability, labels for glyphosate, dicamba

Bayer to pay up to US$12 billion to resolve ag chem, PCB claims; company is "not contemplating" a Canadian glyphosate settlement

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Updated, June 25 — Farmers in Canada, the U.S. and elsewhere shouldn’t expect any changes to availability or label directions for Bayer’s stable of glyphosate and dicamba herbicides, coming out of a massive settlement for thousands of lawsuits, the company says. The German company announced Wednesday it expects to spend up to $12 billion in […] Read more
(Dave Bedard photo)
Crops, Markets

Little change seen in June’s crop supply/demand tables

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MarketsFarm — Supply/demand estimates for Canada’s major crops saw little change in updated tables released Tuesday from Agriculture and Agri-Food Canada. Acreage estimates from Statistics Canada are due out June 30, and should lead to more sizeable adjustments in subsequent reports. Canola ending stocks were left unchanged at 2.6 million tonnes for the current marketing […] Read more
Huawei chief financial officer Meng Wanzhou leaves B.C. Supreme Court on a lunch break during her extradition hearing in Vancouver on Jan. 22, 2020. (Photo: Reuters/Jennifer Gauthier)
Canola, Crops, Reuters

Huawei CFO’s extradition hearing to stretch into 2021

Judge approves extended schedule sought by lawyers

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Reuters — Hearings on Huawei chief financial officer Meng Wanzhou’s extradition to the U.S. from Canada will extend into late April 2021, according to documents released by a British Columbia court on Tuesday. Meng was arrested in December 2018 by Canadian authorities at the Vancouver International Airport on a U.S. warrant from the charging her […] Read more

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