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Canola Council of Canada president Jim Everson says China’s block on Canadian canola has now expanded beyond just shipments from Richardson International. (Co-operator file photo by Allan Dawson)

China stops buying Canadian canola

By Allan Dawson March 21, 2019

China has stopped buying any Canadian canola, says Canola Council of Canada president Jim Everson. “The Chinese are unwilling to purchase Canadian canola (from any company) at this time,” he said Thursday. “Trade that was executed earlier is continuing. New sales are what appears to be affected.” Earlier this month China blocked canola imports from […] Read more

ICE May 2019 canola with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Little to sustain canola bids in bear market

By Glen Hallick March 20, 2019

MarketsFarm — Although there will be some bounces in ICE canola futures, there is very little currently to sustain any increases in bids, according to Errol Anderson of ProMarket Communications. While the market has stabilized for the time being, it’s technically oversold, Anderson said. The market can rebound $5-$10 per tonne, he said, but it’s […] Read more

(Ablokhin/iStock Editorial/Getty Images)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: African swine fever paralyzes futures

By Marlo Glass – MarketsFarm March 20, 2019

MarketsFarm — Ahead of the U.S. Department of Agriculture’s next crop report due out March 29, market experts are looking to headlines for direction in the Chicago futures. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin return to China next week, with the goal of hammering out a trade deal in weeks to […] Read more

Tom Geisler surveys damage to his farm, following flooding at Winslow, Neb., northwest of Omaha, on March 20, 2019. (Photo: Reuters/Humeyra Pamuk)

Crops, Markets, Reuters, Weather

U.S. farmers face devastation following Midwest floods

By Humeyra Pamuk, P.J. Huffstutter, Tom Polansek March 20, 2019

Winslow, Neb./Chicago | Reuters — Midwestern farmers have been gambling they could ride out the U.S.-China trade war by storing their corn and soybeans anywhere they could — in bins, plastic tubes, in barns or even outside. Now, the unthinkable has happened. Record floods have devastated a wide swath of the Farm Belt across Iowa, […] Read more

CBOT May 2019 soft red winter wheat, with MGEX May 2019 spring wheat in orange. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Wheat ends higher on weather worries

By Julie Ingwersen March 20, 2019

Chicago | Reuters — U.S. wheat futures rose nearly two per cent on Wednesday on poor weather in the Midwest soft winter wheat belt and the northern Plains spring wheat region, traders said. Soybean and corn futures closed modestly higher. Chicago Board of Trade May soft red winter wheat settled up 8-1/4 cents at $4.64-3/4 […] Read more

Pinto beans. (Vergani_Fotografia/iStock/Getty Images)

Crops, Markets, Pulses

Pulse weekly outlook: Edible beans on move

By Marlo Glass – MarketsFarm March 19, 2019

MarketsFarm — Following a lengthy 2018 harvest, Manitoba’s edible bean farmers are optimistic about the 2019 growing season. According to an outlook report published in late December by Agriculture and Agri-Food Canada, pulse farmers are expected to plant approximately the same amount of acreage as seen in 2018. However, after strong yields in 2018, Manitoba […] Read more

MGEX May 2019 spring wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn, wheat drift lower on weak export demand

By Julie Ingwersen March 19, 2019

Chicago | Reuters — U.S. corn and wheat futures closed nearly unchanged on Tuesday, with commodity funds reluctant to add to a heavy net short position despite pressure from slowing export demand for U.S. grains, analysts said. Soybean futures declined as traders awaited news from ongoing U.S. trade negotiations with China, the world’s top soybean […] Read more

Crops, Reuters

Second U.S. jury finds Bayer’s Roundup caused cancer

By Jim Christie, Tina Bellon March 19, 2019

Reuters — A U.S. jury on Tuesday found Bayer’s glyphosate-based Roundup herbicide caused cancer, a blow to the company eight months after another jury issued a US$289 million verdict over similar claims in a different case. Tuesday’s unanimous jury decision in San Francisco federal court, which came after five days of deliberation, was not a […] Read more

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

Crops, Markets, Reuters

U.S. grains: Corn down on disappointing export data

By Julie Ingwersen March 18, 2019

Chicago | Reuters — U.S. corn futures fell on Monday, halting a four-session rebound from contract lows set last week, as traders worried about export prospects for U.S. grains, analysts said. Soybeans and wheat futures also declined. Chicago Board of Trade (CBOT) May corn settled down 1-3/4 cents at $3.71-1/2 per bushel (all figures US$). […] Read more

Boxes of asparagus are seen at Cobrey Farm in Ross-on-Wye, Britain on March 11, 2019. (Photo: Reuters/Peter Nicholls)

Crops, Fruit/Vegetables, Reuters

Brexit crisis tipped for British asparagus

By James Davey, Kate Holton March 18, 2019

Ross-on-Wye, England | Reuters — For almost 100 years, Chris Chinn’s family has farmed asparagus in the rolling hills of the Wye Valley in western England. This year, he fears uncertainty around Britain’s departure from the European Union will keep his eastern European workers away and the asparagus will stay in the ground. Asparagus grown […] Read more

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Crops

China stops buying Canadian canola

ICE weekly outlook: Little to sustain canola bids in bear market

CBOT weekly outlook: African swine fever paralyzes futures

U.S. farmers face devastation following Midwest floods

U.S. grains: Wheat ends higher on weather worries

Pulse weekly outlook: Edible beans on move

U.S. grains: Corn, wheat drift lower on weak export demand

Second U.S. jury finds Bayer’s Roundup caused cancer

U.S. grains: Corn down on disappointing export data

Brexit crisis tipped for British asparagus

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