(Allan Dawson photo)

U.S. grains: Wheat falls on profit-taking

Chicago | Reuters — U.S. wheat futures sank on Friday on a round of end-of-week profit taking after prices hit an 8-1/2 week high on Thursday, traders said. Soybeans also fell, pressured by the expanding harvest of what is expected to be a bumper crop in the U.S., while corn was close to unchanged. Wheat […] Read more

(Dave Bedard photo)

Weekly canola crush hits best level in over two months

CNS Canada –– Canada’s domestic canola processors are getting busier, with the latest crush data showing the most active week in two-and-a-half months. Capacity utilization during the week ended Wednesday climbed to 82.8 per cent, which compares with only 66.9 per cent the previous week, according to the latest report from the Canadian Oilseed Processors […] Read more



(Dave Bedard photo)

StatsCan comes in at low end of expectations for canola

CNS Canada — Despite an upward revision of nearly a million tonnes in Statistics Canada’s latest report, most analysts expect canola production will keep climbing further. StatsCan on Friday morning released its updated grain/oilseed production estimates, with data collected through surveys taken between Sept. 3 and 13. Canola production numbers came in at 14.3 million […] Read more


(Canada Beef Inc. photo)

Bulgaria opts out of growing GM crops

Sofia | Reuters –– Bulgaria has told the European Union it will ban the cultivation of crops with genetically modified organisms (GMOs) under EU rules that allow member states to opt out of GMO cultivation, the agriculture ministry said in a statement on Thursday. “The agriculture ministry upholds its position that Bulgaria should be free […] Read more




(HempTrade.ca)

Market demand for Canadian hemp exceeding supply

CNS Canada — As hemp users develop more uses for the plant and its seed, so too grow the demands on the crop. It’s a demand becoming tougher to fill, according to an industry expert, as the general public becomes increasingly interested in the plant. “You talk about canola being the miracle crop? Well, hemp […] Read more


(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat extends rally, soybeans slip

Reuters — Chicago wheat rose more than one per cent on Thursday, extending a rally triggered by Wednesday’s U.S. Department of Agriculture data that put the 2015 U.S. crop below market estimates. Corn futures rose slightly on technical buying and spillover support from wheat. Soybeans slumped on pressure from an advancing Midwest harvest and technical […] Read more

(CHS Inc.)

CHS says Viterra intriguing at right price

Chicago | Reuters — U.S. farm co-operative and grains trader CHS Inc. would be interested in the Canadian grain handling assets of embattled commodities trader Glencore, but only if they came at a discounted price, CHS CEO Carl Casale said in an exclusive interview. As part of a debt-reduction plan, Swiss-based Glencore has said it […] Read more