(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy trade up, but fundamentals bearish

CNS Canada — Despite short-term bullish factors in Chicago Board of Trade (CBOT) corn and soybeans, one analyst anticipates prices will be pressured in coming weeks. To start the week, a turnaround in crude oil markets supported prices, said Terry Reilly, senior commodity analyst at Futures International. Rebounds in Malaysian palm oil prices are also […] Read more



(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy drops on stable crop ratings, poor export demand

Chicago | Reuters –– U.S. soybean futures dipped on Wednesday on better-than-expected U.S. crop ratings and concerns about sluggish export demand. Wheat futures also declined, while corn traded near unchanged. Soybeans pulled back after rising on Tuesday on expectations that the U.S. Agriculture Department would cut its condition ratings for the crop in a weekly […] Read more





(Photo courtesy Canada Beef Inc.)

Manitoba’s winter wheat seeding stalled

CNS Canada — Manitoba winter wheat seeding is underway, but farmers are facing some complications in areas where other crops aren’t out of the ground yet. Winter wheat seeding traditionally takes place from Aug. 15 to Sept. 15. “But it’s been a bit tricky this year,” said Jake Davidson, executive director at Winter Cereals Canada. […] Read more

(K-plus-S.com)

PotashCorp reported preparing to make hostile K+S bid

Reuters — PotashCorp is prepared to launch a hostile takeover offer for German potash mining rival K+S under certain conditions, German newspaper Handelsblatt reported Tuesday. Handelsblatt cited financial sources as saying Saskatoon-based PotashCorp had talked to brokerages in Canada about such plans. PotashCorp declined to comment. K+S shares jumped as much as 10.3 per cent […] Read more