Feed grains: Corn edging down, Japan looking for barley

CNS Canada –– Following are a few highlights in the Canadian and world feed grains markets on Thursday, Oct. 8. • CBOT corn futures were posting small losses Thursday morning, but were holding rangebound overall as traders were squaring positions ahead of Friday’s USDA monthly supply/demand report. December corn was trading at US$3.9450 per bushel […] Read more


(Dave Bedard photo)

Monsanto slashing 2,600 jobs, buying back shares as sales fall

Reuters — Monsanto, one of the world’s largest seed and agrichemical companies, said Wednesday that it was slashing 2,600 jobs and restructuring operations to cut costs in a slumping commodity market. The company, which said it expected low prices for agricultural products to squeeze results well into 2016, also reported a much wider quarterly loss […] Read more

(Lisa Guenther photo)

CBOT weekly outlook: Corn, soy rest on USDA report

CNS Canada –– The short-term fate of corn and soybean futures at the Chicago Board of Trade rests on an upcoming supply and demand report, according to one analyst. Long-term, traders are watching global weather patterns, which could put crops at risk. The U.S. Department of Agriculture (USDA) will release its monthly World Agricultural Supply […] 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






(USDA.gov via Flickr)

USDA probes release of incorrect data that pressured crop prices

Chicago | Reuters — A U.S. Agriculture Department (USDA) unit is reviewing its procedures after posting incorrect crop data online on Wednesday, an error that temporarily pressured grain prices. The Farm Service Agency (FSA) inadvertently issued the wrong data on crop acreage around 5 a.m. CT and posted corrected data four hours later. The agency […] Read more

(Thinkstock photo)

Manitoba soybeans near harvest, weather permitting

Manitoba soybeans are edging closer to harvest, with southern fields just a week away, but rain, as always, poses a challenge to producers. Beans in southern Manitoba have ripened faster than other parts of the province, and will be ready to harvest by early next week, said Dennis Lange, farm production advisor with Manitoba Food, […] Read more