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ILTA Grain opened its processing plant at Belle Plaine, east of Moose Jaw, in 2017. (ILTAGrain.com)

ILTA Grain security payout to be CGC’s biggest ever

By Dave Bedard January 7, 2020

An insurance policy set up for demised Prairie pulse exporter ILTA Grain will pay, in full, what’s owed to over 200 growers who supplied the company, according to the Canadian Grain Commission. The CGC announced Monday that 222 eligible unpaid growers will receive a total of $11.146 million covered by the security ILTA posted before […] Read more

Loading grain on a vessel at a Burrard Inlet terminal. (Maxvis/iStock/Getty Images)

Crops, Markets

Ocean freight rates trending lower

By Phil Franz-Warkentin January 6, 2020

MarketsFarm — The Baltic Dry Index has fallen sharply over the past four months, dropping below 1,000 points to start the New Year. A slowdown in iron-ore activity, as high prices have had Chinese mills buying up domestic inventories rather than importing from overseas, accounted for much of the general weakness in the freight sector, […] Read more

Syngenta’s Interaction Centre at Stein, Switzerland. (Syngenta.com)

Crops, Reuters

Syngenta owner ChemChina to merge ag assets with Sinochem’s

By Reuters January 6, 2020

Zurich | Reuters — ChemChina and Sinochem are consolidating their agricultural assets into a new holding company to be called Syngenta Group, ChemChina unit Syngenta said on Sunday. Chen Lichtenstein, current CEO of Shenzhen-listed crop protection company Adama, which will also be incorporated into the new group, will be nominated chief financial officer of the […] Read more

CBOT March 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybeans bounce on China trade hopes

By Karl Plume January 6, 2020

Chicago | Reuters — U.S. soybean futures recovered slightly on Monday from steep declines in the previous session as hopes for improved exports to China outweighed worries about rising tensions in the Middle East. Corn and wheat futures declined on technical selling and profit-taking from last week’s multi-month highs and as investors look ahead to […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Bids rise over holidays

By Phil Franz-Warkentin January 3, 2020

MarketsFarm — Hard red spring wheat bids in Western Canada posted solid gains during the two-week holiday period ended Thursday, as gains in U.S. futures more than made up for the bearish influence of the rising Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $5-$9 per […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Steady now but supplies will weigh

By Phil Franz-Warkentin January 3, 2020

MarketsFarm — Recent strength in U.S. wheat futures may be lending some spillover support to Canadian feed grain bids, but large supplies and a lack of aggressive demand kept the market steady heading into the New Year. The rise in wheat futures “has made the farmer a more reluctant seller,” said Allen Pirness of MarketPlace […] Read more

CBOT March 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Futures weaken as Iraq strike rattles markets

By Tom Polansek January 3, 2020

Chicago | Reuters — U.S. grain and soybean futures crumbled on Friday as traders booked profits after being spooked by a U.S. air strike in Iraq that escalated geopolitical tensions in the Middle East. The strike that killed Iran’s most prominent military commander put markets on edge and opened the door for a setback a […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat, soy hit 2018 highs

By Tom Polansek January 2, 2020

Chicago | Reuters — U.S. grain and soybean futures hit 2018 highs to start the new year as traders continued to expect increased Chinese demand once Washington and Beijing ink an initial trade deal. The gains on Thursday extended annual advances from 2019, a year marked by farmer stress over the U.S.-China trade war and […] Read more

ICE March 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola could break out of range

By Glen Hallick January 2, 2020

MarketsFarm — With canola now near the top end of its range, prices could break out of being rangebound in the next several days, according to an analyst. Canola has made gains over the last month or so, largely due to spillover from increasing prices for soyoil on the Chicago Board of Trade. Soyoil has […] Read more

Crops, Markets

CBOT weekly outlook: Trade optimistic ahead of Phase One signing

By Marlo Glass – MarketsFarm January 2, 2020

MarketsFarm — Agriculture commodities on the Chicago Board of Trade started the decade on a high note, thanks to general optimism regarding an impending trade deal between the U.S. and China. Phase One of the trade deal between the two countries is set to be signed at the White House on Jan. 15, according to […] Read more

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

Daily Network News

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

Crops

ILTA Grain security payout to be CGC’s biggest ever

Ocean freight rates trending lower

Syngenta owner ChemChina to merge ag assets with Sinochem’s

U.S. grains: Soybeans bounce on China trade hopes

Prairie cash wheat: Bids rise over holidays

Feed weekly outlook: Steady now but supplies will weigh

U.S. grains: Futures weaken as Iraq strike rattles markets

U.S. grains: Wheat, soy hit 2018 highs

ICE weekly outlook: Canola could break out of range

CBOT weekly outlook: Trade optimistic ahead of Phase One signing

Canadian Cattlemen Presents: Depth of Field

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