Providence Grain’s elevator at Marengo, Sask., west of Kindersley. (ProvidenceGrain.ca)

U.S. trader Lansing takes bigger stake in Providence

Prairie grain handler Providence Grain Group is set to add some merchandising bench strength as its silent partner takes a bigger stake. Kansas-based Lansing Trade Group, which maintains grain trading desks in Western Canada, announced in late March it will increase its stake in Alberta-based Providence Grain to 38 per cent, up from about 12 […] Read more



(Keith Weller photo courtesy ARS/USDA)

U.S. grains: Soybeans retreat from August peak

Chicago | Reuters — U.S. soybean futures slumped on Monday as traders took profits after prices reached their highest point since August on technical buying and last week’s government forecast for lower-than-expected plantings. Corn prices ended mixed as traders digested the U.S. Department of Agriculture’s (USDA) estimate for much larger-than-expected U.S. plantings of the yellow […] Read more




Victoria Falls, on the Zambezi River on Zimbabwe’s northwestern border with Zambia. (CIA.gov)

Zimbabwe mulls treasury bills to compensate evicted farmers

Harare | Reuters — Zimbabwe’s government may issue treasury bills, along with imposing a land levy, to raise money to compensate evicted white farmers but the process will take a long time to settle, Finance Minister Patrick Chinamasa said Thursday. President Robert Mugabe early this month agreed to major reforms, including compensation for white farmers, […] Read more


(USDA.gov via Flickr)

U.S. acreage plans not set in stone as corn price drops

Washington | Reuters –– U.S. farmers could plant more soybean acres than suggested in the government’s acreage forecast issued Thursday, as recent gains in the futures market tempted them to alter their corn-heavy seeding plans, growers and analysts said. The U.S. Agriculture Department report showed farmers intend to plant 93.601 million acres of corn this […] Read more

(Dave Clark photo courtesy ARS/USDA)

U.S. grains: Corn tumbles four per cent on acreage forecast shock

Chicago | Reuters — U.S. corn futures plunged more than four per cent on Thursday in the market’s steepest drop since mid-August after the U.S. Agriculture Department forecast 2016 planted acreage well above trade expectations. Soybeans firmed on USDA’s lower-than-expected soybean acreage and quarterly stocks estimates, although gains were limited by spillover pressure from corn. […] Read more



 (Dave Bedard photo)

ICE weekly outlook: Canola watching USDA report

CNS Canada — ICE Futures Canada canola contracts advanced during the week ended Wednesday, as weakness in the Canadian dollar and solid support from vegetable oil pushed prices higher. The front-month May contract started the period below technical resistance but soon climbed above $470 per tonne and at one point appeared ready to test the […] Read more