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A canyon on China’s frontier with Kazakhstan. (Luxiangjian4711/iStock/Getty Images)

China eases customs curbs for soy imports through northern border

By Reuters January 2, 2020

Beijing | Reuters — China has eased customs regulations on imports of soybean through some northern border checkpoints, the commerce ministry said, a move that could smooth the way for shipments from neighbours such as Kazakhstan, Russia and perhaps Ukraine. The changes come as China looks to diversify soybean imports amid trade tension with the […] Read more

Pinto beans. (Vergani_Fotografia/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Edible bean yields lower across North America

By Marlo Glass – MarketsFarm, GFM Network News December 31, 2019

MarketsFarm — A challenging harvest season spelled trouble for dry bean yields across North America, according to one report from the Global Pulse Confederation. Mexico’s spring-summer bean crop yield was pegged at around 400,000 tonnes, which was 52 per cent lower than the previous year. The loss in production was largely due to drought conditions […] Read more

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

Crops, Markets, Reuters

U.S. grains: Futures notch yearly rises on China demand hopes

By Tom Polansek December 31, 2019

Chicago | Reuters — U.S. wheat, corn and soybean futures posted annual gains in 2019 after an initial U.S.-China trade deal that could boost agricultural exports helped prices rally toward the end of the year. The crop futures finished little changed on Tuesday as markets wound down during the last session of the year and […] Read more

File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)

Crops, Markets

Palm oil 101: Sought-after crop holds sway over oilseed trade

By Phil Franz-Warkentin, GFM Network News December 31, 2019

MarketsFarm — Palm oil may be grown halfway around the world in conditions much different than on the Canadian Prairies, but the outsized influence of the crop on world oilseed markets makes it an important factor to watch when considering canola prices. Indonesia and Malaysia are the world’s largest producers of the crop, with futures […] Read more

A BASF scientist examines transgenic corn plants. (BASF.com)

Crops, Reuters

China approves two new GM crops from U.S. for import

By Hallie Gu, Shivani Singh December 31, 2019

Beijing | Reuters — China approved two new genetically modified (GM) crops for import on Monday that could boost agricultural purchases from the United States, while renewing permits for 10 others, the Chinese agriculture ministry said. Earlier this month, Beijing and Washington announced a Phase 1 trade deal, under which China has agreed to import […] Read more

Crops

CN, CP come in under 2018-19 grain revenue caps

By GFM Staff December 30, 2019

Changes to federal rail transport rules that took effect in 2018 have put Canada’s big two railways well under their new Prairie grain revenue caps for the 2018-19 crop year. The Canadian Transportation Agency on Monday announced Canadian National Railway (CN) booked 2018-19 Prairie grain revenue of $933,357,710, a figure $371,116 below what the CTA […] Read more

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

Crops, Markets, Reuters

U.S. grains: Soybeans set highest price since June 2018

By Tom Polansek December 30, 2019

Chicago | Reuters — U.S. soybean futures on Monday rose to their highest price since June 2018 on expectations that Washington and Beijing will soon sign an initial trade deal that will increase American agricultural exports. China agreed to import more U.S. farm goods under the Phase 1 deal struck this month, providing support for […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Crops, Markets

CBOT weekly outlook: Trade bullish into New Year

By Marlo Glass – MarketsFarm December 27, 2019

MarketsFarm — Agriculture commodities on the Chicago Board of Trade were mixed on Friday, the last day of the January contract and one of the last trading days of 2019. Traders were “shoring up positions ahead of the weekend,” with profit-taking a feature, said Terry Reilly of Futures International in Chicago. Soybeans were lower after […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat, soy touch highest prices since summer 2018

By Tom Polansek December 27, 2019

Chicago | Reuters — U.S. wheat and soybean futures on Friday touched their highest prices since summer 2018 on expectations for increased Chinese buying as a result of an initial trade deal. Soybeans closed lower in a retreat from the gains. The markets continued to focus on prospects for more U.S. sales to China after […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans hit highest price since June 2018

By Tom Polansek December 26, 2019

Chicago | Reuters — The most actively traded U.S. soybean futures contract rose on Thursday, touching its highest price since June 2018 on optimism about U.S.-China trade. Traders and farmers hope China, the world’s biggest soybean importer, will ramp up U.S. purchases following a recently struck Phase 1 trade deal, which includes a commitment by […] 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

China eases customs curbs for soy imports through northern border

Pulse weekly outlook: Edible bean yields lower across North America

U.S. grains: Futures notch yearly rises on China demand hopes

Palm oil 101: Sought-after crop holds sway over oilseed trade

China approves two new GM crops from U.S. for import

CN, CP come in under 2018-19 grain revenue caps

U.S. grains: Soybeans set highest price since June 2018

CBOT weekly outlook: Trade bullish into New Year

U.S. grains: Wheat, soy touch highest prices since summer 2018

U.S. grains: Soybeans hit highest price since June 2018

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