Argentina denounces farmer soy hoarding, says hurts state income

Buenos Aires | Reuters — Argentine growers hoarding soybeans to protect themselves from inflation are hurting both state and farm income in the world’s No. 3 exporter of the oilseed, a top government official said Thursday. The South American country pioneered the use of plastic horizontal silos to stockpile grains. Growers are hanging onto soybeans, […] Read more



(Cia.gov)

Analysts expect China to issue grain import quotas after state sales end

Beijing | Reuters — China’s grain imports could plummet this year, with the government determined to sell off as much of its bulging state grain reserves as possible before it finally grants mills permission to buy overseas, analysts said. In previous years, private mills were normally allocated grain import quotas in January, allowing them to […] Read more

(Dave Bedard photo)

CN, CP face fines for summer grain handle

Both of Canada’s big two railways have been slapped with fines for missing the federal government’s mark this summer on weekly Prairie grain handling. A Transport Canada spokesperson confirmed by email Thursday that Canadian National and Canadian Pacific Railway (CN, CP) have been served notices of violation including administrative monetary penalties (AMPs) of $100,000 and $50,000 […] Read more


(Canada Beef Inc. photo)

Feed barley values seen ‘popping’ in January

CNS Canada –– Western Canadian feed barley prices remained firm to start the year, with bids having enjoyed a gradual rise from the $190 per tonne range in late November to the current level of $210 per tonne. “Bids have firmed up, not surprisingly it’s kind of popping in January,” said Allen Pirness, a trader […] Read more







(Dave Bedard photo)

U.S. grains: Corn drops as ethanol stocks build

Chicago | Reuters — U.S. corn futures fell 2.2 per cent on Wednesday, dropping below the key US$4 a bushel level on pressure from an industry report that showed demand from the ethanol sector was waning. Wheat futures also declined on concerns about a strong dollar hitting export demand for U.S. offerings amid an ample […] Read more