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

U.S. grains: Soybeans climb as China trade talks progress

July wheat down over four per cent on week

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Chicago | Reuters — Chicago soybean futures gained on Friday as U.S. trade talks with China continued, invigorating hopes the top soybean importer would reach earlier export estimates. Wheat fell as the U.S. winter wheat harvest progressed, while corn inched higher on technical positioning. The most active soybean futures on the Chicago Board of Trade […] Read more
(CBSA via YouTube)
Crops, Machinery, Reuters

TFW program to be overhauled after COVID-19 outbreaks on farms

"The piece that's missing is enforcement"

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Winnipeg | Reuters — Canada is overhauling its temporary foreign worker program, a government spokeswoman said on Friday, after coronavirus outbreaks on Ontario farms sickened hundreds and led Mexico to demand assurances of proper safeguards. As part of the review, surprise inspections of working and living conditions on farms will immediately increase, Ashley Michnowski, communications […] Read more
CBOT July 2020 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat slips on bumper harvest, soy up on exports

Corn inches up on technical trading, weather questions

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Chicago | Reuters — Chicago wheat futures slid again on Thursday, dropping to their lowest in more than eight months amid a bumper U.S. harvest and well-timed European rains. Soybeans and corn edged higher, on technical trading and signs weather may not be so crop-friendly across the U.S. Corn Belt in coming days. The most-active […] Read more
Barley. (Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Lower stocks support grain prices

Corn still 'competitively' priced

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MarketsFarm — Feed grain prices in Western Canada have been strong lately, as old-crop supplies reach seasonal lows. “We’re getting to the bottom of old-crop stocks,” said Allen Pirness of Market Place Commodities in Lethbridge. However, he noted, growing conditions on the Prairies have been favourable, with no indication of a “drought-induced early harvest.” Old-crop […] Read more
(Dave Bedard photo)
Crops, Machinery

Co-op Refinery, union reach tentative labour deal

Proposal now goes to ratification vote

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The operators of one of Western Canada’s biggest fuel refineries have reached a tentative deal with the union representing workers locked out since December. The deal, if ratified in an employee vote, would end the lockout at Federated Co-operatives’ (FCL) Co-op Refinery Complex (CRC), a major bulk fuel supplier to farmers and rural co-ops across […] Read more
Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops, Reuters

Louis Dreyfus adds venture capital unit

New unit's potential budget not yet discussed publicly

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Paris | Reuters — Agricultural commodities trader Louis Dreyfus Co. has launched a venture capital program to invest in food and farming firms while also announcing a change of head for its innovation business. “Over the coming months, we will invest in early-stage companies with the potential to transform the food and agriculture industries,” CEO […] Read more
(File photo by Dave Bedard)
Crops, Markets

Grain exports flow fast as pandemic lockdowns clear rail capacity

Traffic accelerates on lower coal, crude volumes

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Winnipeg | Reuters — Canadian grain exporters are boosting sales in a slumping global economy, as demand for commodities like oil weakens and frees up railway space. Brisk crop movement in a country that relies heavily on rail is a bright spot during pandemic lockdowns, which have hammered most industries. “We’ve had an almost unlimited […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

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