Crops , Latest & Featured - Canadian Cattlemen

Juice producer Lassonde to buy Sun-Rype

By GFM Staff November 14, 2019

Canada’s domestic fruit juice sector is poised for consolidation as Quebec’s Lassonde Industries mounts a friendly $80 million bid for Sun-Rype Products. Lassonde recently announced it has entered an agreement with subsidiaries of Sun-Rype’s owner, the Jim Pattison Group, to buy the Kelowna, B.C.-based fruit snack and juice maker and its two U.S. affiliates for […] Read more

Vanessa Kummer checks the quality of her family farm’s 2018 soybean crops near Colfax, N.D. on Aug. 6, 2019. (Photo: Reuters/Dan Koeck)

Crops, Markets, Soybeans, Weather

U.S. books latest end to soy harvest in a decade

By Glen Hallick, GFM Network News November 13, 2019

MarketsFarm —The U.S. Department of Agriculture (USDA), in its oilseed crops outlook issued Wednesday, said the country’s 2019 soybean harvest will wind up the latest in 10 years. As of Sunday, the overall U.S. soybean harvest stood at 85 per cent complete, according to USDA’s weekly crop progress report. The pace was two points behind […] Read more

Cereals, Crops

Syngenta to halt Canadian cereal development operations

By GFM Staff November 13, 2019

Seed and ag chem giant Syngenta plans to wrap up a decade of cereal seed research and development work in Canada by the end of the year. The company announced Wednesday it will discontinue its Canadian cereal seed research and development program effective at the end of calendar 2019, affecting five Syngenta Canada staff positions. […] Read more

ICE January 2020 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Steady canola market stuck in rut

By Phil Franz-Warkentin November 13, 2019

MarketsFarm — ICE Futures canola held within a narrow range during the week ended Wednesday, as the market waits for fresh news to push it one way or the other. “There are certainly some supportive elements underneath the marketplace,” said Mike Jubinville of MarketsFarm Pro, pointing to an upward trend in world vegetable oil prices […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Trade uncertainty weighs

By Marlo Glass – MarketsFarm November 13, 2019

MarketsFarm — Lack of demand for corn exports has continued to drag prices on the Chicago Board of Trade (CBOT) and the U.S. dollar has been stronger recently, making exports even less attractive, according to Terry Reilly, a grains analyst with Futures International. In contrast, consistent soybean sales since Monday have provided some support to […] Read more

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

Crops, Markets, Reuters

U.S. grains: Soybeans sag on diminishing hopes for China deal

By Tom Polansek November 13, 2019

Chicago | Reuters — U.S. soybean futures slipped on Wednesday on diminishing hopes for a deal to ease the trade war with China that has slowed exports of U.S. agricultural products. The market turned lower after a report that trade negotiations “hit a snag” over farm purchases. U.S. President Donald Trump on Tuesday dangled the […] Read more

Standing corn west of Giroux, Man. on Oct. 21, 2019. (Dave Bedard photo)

Corn, Crops, Markets, Weather

Corn harvest a struggle for three U.S. states

By Glen Hallick November 13, 2019

MarketsFarm — With a significant amount of corn still in the fields on the U.S. northern Plains, the harvest may be grinding to a halt, according to MarketsFarm analyst Bruce Burnett. In particular, Burnett noted, the corn harvest has been further slowed by a propane shortage, which has caused issues for farmers trying to acquire […] Read more

File photo of a combine harvesting a wheat crop in Ukraine. (SergBob/iStock/Getty Images)

Crops, Markets, Reuters

Ukrainian lawmakers vote to lift ban on sale of farmland by 2020

By Pavel Polityuk November 13, 2019

Kiev | Reuters — Ukrainian lawmakers voted Wednesday to remove a ban on the sale of farmland for the first time in nearly two decades, a move supported by the country’s foreign backers that risks a political backlash. The proposal must be voted on a second time to come into force. The ban would be […] Read more

Crops, Markets, Reuters

ADM says to focus on organic growth after acquisitions

By Reuters November 13, 2019

Geneva | Reuters — Grain trader Archer Daniels Midland does not expect to continue its aggressive strategy of acquisitions in the next few years and will instead focus on organic growth, a senior official said on Wednesday. “With this level of acquisitions we have had, I don’t think you will see ADM being a very […] Read more

Glencore’s head office in Baar, Switzerland. (Glencore.com)

Barley, Crops, Markets, Reuters

Glencore’s head barley trader leaves post

By Reuters November 13, 2019

Paris | Reuters –– Glencore Agriculture removed head barley trader Mathieu Kleine from his post last week, market sources familiar with the matter said. The grain merchant, which is part owned by diversified commodity group Glencore, dismissed Kleine due to disappointing results, two of the sources said. It was not clear if Kleine was still […] 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

Juice producer Lassonde to buy Sun-Rype

U.S. books latest end to soy harvest in a decade

Syngenta to halt Canadian cereal development operations

ICE weekly outlook: Steady canola market stuck in rut

CBOT weekly outlook: Trade uncertainty weighs

U.S. grains: Soybeans sag on diminishing hopes for China deal

Corn harvest a struggle for three U.S. states

Ukrainian lawmakers vote to lift ban on sale of farmland by 2020

ADM says to focus on organic growth after acquisitions

Glencore’s head barley trader leaves post

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