Crops , Latest & Featured - Canadian Cattlemen

U.S. grains: Trump tariff threat pushes corn, soy, wheat lower

By Mark Weinraub, GFM Network News May 31, 2019

Chicago | Reuters — U.S. corn, wheat and soybean futures fell on Friday, weighed down by fresh concerns about demand after U.S. President Donald Trump threatened to place tariffs on imports of goods from Mexico in response to illegal immigration across the U.S. border. All three commodities also faced pressure from profit-taking after posting big […] Read more

A Mexican port-of-entry sign on Highway 92 near Naco, Arizona. (Rex_Wholster/iStock/Getty Images)

Crops, Markets, Reuters

Target Trump’s base if trade spat worsens, Mexican farm lobby says

By David Alire Garcia, Sharay Angulo May 31, 2019

Mexico City | Reuters — The Mexican government should target agricultural goods produced in states that have voted for U.S. President Donald Trump’s Republican Party if the trade conflict between the two neighbours worsens, the head of Mexico’s main farm lobby said on Friday. Bosco de la Vega, head of Mexico’s national farm council CNA, […] Read more

The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)

Corn, Crops, Reuters, Weather

Trump lifts curbs on E15 gasoline

By Humeyra Pamuk, Jarrett Renshaw, GFM Network News May 31, 2019

Washington | Reuters — The Trump administration on Friday lifted restrictions on the sale of higher ethanol blends of gasoline, keeping a campaign promise to farmers suffering from the trade war with China but inviting a legal challenge from the oil industry. The announcement allows gasoline stations to sell blends containing up to 15 per […] Read more

A police officer gestures at the photographer outside Canada’s embassy in Beijing on Dec. 12, 2018. (Photo: Reuters/Thomas Peter)

Crops, Reuters

China says hopes Canada understands consequences of siding with U.S.

By Reuters May 31, 2019

Beijing | Reuters — China hopes Canada understands the consequences of siding with the United States and doing its bidding, China’s foreign ministry said on Friday, after U.S. Vice-President Mike Pence called for the release of two Canadians detained in China. Chinese authorities detained Canadian businessman Michael Spavor and former diplomat Michael Kovrig in December, […] Read more

CBOT July 2019 wheat with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat, corn, soy rally on weather woes

By Mark Weinraub May 30, 2019

Chicago | Reuters –– U.S. corn futures rose 4.1 per cent on Thursday, bouncing back from some technical weakness on Wednesday as traders focused on the historic slow pace of planting in the Midwest. Prices, which hit their highest in nearly three years this week, needed to continue to rally to entice farmers to seed […] Read more

Crops, Machinery, Markets, Pulses, Reuters

Update: Vancouver lockout of longshoremen ends

By Kelsey Johnson, Rod Nickel May 30, 2019

Winnipeg/Ottawa | Reuters — A lockout of longshore workers at Canada’s biggest port, the Port of Vancouver, ended in a deal on Thursday after a few hours, averting a potentially massive shipping disruption, the workers’ union and employers association said. The lockout was immediately lifted and the union also withdrew its strike notice, according to […] Read more

Barley, Crops, Markets

Feed weekly outlook: Weather buoys grain prices

By Marlo Glass – MarketsFarm May 30, 2019

MarketsFarm –– A dry spring on the Prairies, coupled with intensely wet weather south of the border, has frustrated producers and supported higher feed grain prices. Barley prices have rallied “quite strongly” due to dry weather observed across most of the Prairies, combined with tight supplies from previous years, said Nelson Neumann of Agfinity in […] Read more

Crops, Reuters

Pence, Trudeau to discuss Huawei, China trade issues in Ottawa

By Roberta Rampton May 29, 2019

Washington | Reuters — U.S. Vice-President Mike Pence and Canadian Prime Minister Justin Trudeau will discuss their joint dispute with China over Huawei Technologies during a meeting in Ottawa on Thursday, a senior U.S. administration official said. Pence, known for taking a hard line against China, will travel to the Canadian capital to discuss trade […] Read more

CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soy futures extend rally

By Mark Weinraub May 29, 2019

Chicago | Reuters — U.S. soybean futures rose 1.6 per cent on Wednesday, hitting their highest since mid-April on support from concerns that planting delays in the U.S. Midwest will lead to a sharp cutback in acreage as well as harvest yields, traders said. The jump followed a U.S. Agriculture Department report after the market […] Read more

ICE July 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Uncertain U.S. soy prospects boost canola

By Phil Franz-Warkentin May 29, 2019

MarketsFarm — ICE Futures canola contracts climbed sharply higher during the week ended Wednesday, hitting their best levels in more than a month as strength in the Chicago Board of Trade soy complex provided spillover support. “We have a bit of a short-covering rally going on in canola,” said Jerry Klassen, manager of Canadian operations […] Read more

Daily Network News

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Crops

U.S. grains: Trump tariff threat pushes corn, soy, wheat lower

Target Trump’s base if trade spat worsens, Mexican farm lobby says

Trump lifts curbs on E15 gasoline

China says hopes Canada understands consequences of siding with U.S.

U.S. grains: Wheat, corn, soy rally on weather woes

Update: Vancouver lockout of longshoremen ends

Feed weekly outlook: Weather buoys grain prices

Pence, Trudeau to discuss Huawei, China trade issues in Ottawa

U.S. grains: Soy futures extend rally

ICE weekly outlook: Uncertain U.S. soy prospects boost canola

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