U.S. grains: Wheat jumps as U.S. dollar falls

Chicago | Reuters –– U.S. wheat futures rose 1.6 per cent to their highest in nearly six weeks on Thursday on a round of short-covering after weakening overnight, traders said. Corn also firmed, extending its winning streak to five days. Strength in wheat lent support to the yellow grain while soybeans eased on a round […] Read more



(Photo courtesy Canada Beef Inc.)

Low-quality feed being dumped on market

CNS Canada — Prices for feed barley and wheat don’t appear ready to spike anytime soon, as farmers across Western Canada continue to dump supplies containing high concentrations of vomitoxin and fusarium into feedlots. “Steady as it goes here is the tone,” said Allan Pirness of Market Place Commodities in Lethbridge. “We’re looking to clean […] Read more

(Dave Bedard photo)

ICE weekly outlook: Canola stuck in downward trend

CNS Canada — A downward trend in oilseed markets is likely to weigh on canola, one analyst says, as year-end trading has already scaled back prices. Since last week, ICE Futures Canada canola has lost $5.10 per tonne in its March contract, closing Wednesday at $503.60. “The big issue is we’ve got some year-end factors […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans firm on bargain buying

Chicago | Reuters — U.S. soybean futures rose 1.9 per cent on Wednesday on a round of bargain buying following three straight days of declines that pushed the benchmark contract to its lowest since mid-November, traders said. Corn futures rose for the fourth session in a row as investors staked out positions ahead of annual […] Read more

(Dave Bedard photo)

CP, CN both top their Prairie grain revenue caps

The Western Grains Research Foundation (WGRF) can soon expect a late gift of over $4.4 million in surplus Prairie grain freight revenue, according to a new ruling from the Canadian Transportation Agency. The agency said Dec. 22 it has determined Canadian Pacific Railway (CP) and Canadian National Railway (CN) went over their maximum revenue entitlements […] Read more


(Syngenta.com)

EU regulators delay ChemChina/Syngenta decision

Brussels | Reuters — European Union antitrust regulators have extended the deadline for a decision on ChemChina’s proposed buy of Swiss pesticides and seeds group Syngenta by 10 working days, to April 12. Syngenta said in a statement the two companies had asked for the extension to allow “sufficient time for the discussion of remedy […] Read more