(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat rises on bargain buying

Chicago | Reuters — Chicago Board of Trade wheat futures firmed Wednesday, edging higher on a round of bargain buying and short-covering a day after prices hit their lowest in nearly six years, traders said. Corn and soybean futures were close to unchanged for most of the day but closed in negative territory. A bearish […] Read more




(Michael Thompson photo courtesy ARS/USDA)

U.S. grains: Wheat snaps rally, soy firm, corn flat

Chicago | Reuters –– U.S. wheat futures fell on Wednesday on fund-driven technical selling and a proposal by Russia’s farm ministry to cut a wheat export tax, which tempered speculation about export restrictions. Corn coasted for the second straight day, while soybean futures rose on dry weather concerns in South America and southern Africa. At […] Read more


(FarmersEdge.ca)

Major investment to build Farmers Edge’s data power

Canadian precision agronomy and farm data management firm Farmers Edge plans to keep taking its services to previously underserved acres around the world, with a major cash infusion from a group of its backers. Japanese commodities trading and investment firm Mitsui, Toronto commercial real estate company Osmington and the Green Growth Fund operated by investment […] Read more

Russia said considering export duties for corn, barley

Moscow | Reuters –– Russia’s agriculture ministry is considering introducing an export duty for corn and barley, Russian news agency Interfax reported Wednesday, citing First Deputy Minister Evgenii Gromyko. “We will discuss this question,” he said. Gromyko added that the question was planned to be discussed at a meeting with Deputy Prime Minister Arkady Dvorkovich, […] Read more



(Photo courtesy Agrium)

Russia considering export duties on fertilizers

Stavropol | Reuters –– Russia’s government is looking into introducing duties on exports of mineral fertilizers to make them more affordable for the country’s farmers, President Vladimir Putin said Monday. Meeting his loyalists from the pro-Kremlin public movement, the All-Russia People’s Front, Putin heard compalints from a farmer saying that massive exports of mineral fertilizers […] Read more



(Cia.gov)

Russia, China sign accords on grain quality control

Reuters — Moscow and Beijing have signed agreements on the control of grain quality, which technically open the Chinese market to Russian grain. Russian food safety watchdog Rosselkhoznadzor and the Chinese government body in charge of quality control signed two food safety documents on Russian wheat, corn (maize), rapeseed, soybean and rice supplies at a […] Read more