Country elevators have taken in a lot more wheat so far this crop year but global markets are quickly soaking it up.

Grain movement stats are a window into the market

Weekly numbers from the grain commission give near real-time data on deliveries and exports

Glacier FarmMedia – Keep an eye on the weekly numbers for producer deliveries and grain exports, says one crops market analyst. “Weekly updates from the Canadian Grain Commission provide useful crop market movement and demand information,” said Neil Blue, who works for the Alberta government. The grain commission data covers grain and oilseeds moved in

On Dec. 1, the Environmental Protection Agency announced its plans for a new biofuel blending mandate...

Soyoil drop plunges soybeans, canola

Soybean industry slams meaningless increase in biofuel mandates from U.S. EPA

As the calendar flipped to December, the fortunes of Chicago soyoil, along with soybeans and canola, turned cold. On Dec. 1, the Environmental Protection Agency announced plans for a new biofuel blending mandate under the United States’ federal Renewable Fuel Standard. Starting in 2023, a greater volume of biofuels will be mixed with fuels at


ICE January 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Less canola to be exported

Crop expectations from Canada, Australia are factors

MarketsFarm — Any hopes of Canada exporting 9.3 million tonnes of canola during 2022-23 have now been dashed for two reasons. One reason is the latest Statistics Canada production report that cut canola production for the current marketing year. The other is the bumper canola crop Australia is now expected to have this year. StatCan’s

Photo: File

Australia looking at record wheat, canola crops

Near-record winter crop output expected

MarketsFarm — Australia is forecast to harvest record-large wheat and canola crops in 2022-23, with improved crop prospects in many parts of the country more than offsetting losses in others. That analysis comes from the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), released Tuesday. Total production of


Blackleg at the base of canola stems.

An inoculation against blackleg

University of Manitoba trial shows a less-virulent strain boosts canola’s natural defences

A new biological control strategy could be a game changer in the battle against blackleg in canola. The fungal infection that has a yield-destroying effect on canola crops was first discovered in Saskatchewan in 1975 and eventually spread across the country. Blackleg is the result of the interaction between two closely related fungal species, Leptosphaeria

(File photo by Dave Bedard)

Speculative short position grows in canola

Managed money still net long in soybeans

MarketsFarm — Speculators in the ICE Futures canola were busy liquidating long positions and adding to the short side of the market during the last week of November. That’s caused the net short position to grow to its largest level in two months, according to the latest Commitments of Traders (CoT) report compiled by the


‘In the long run, commodity grain prices tend to gravitate toward the lowest cost, most efficient group of producers. But in the short and medium terms, a lot can and will happen…’

Watching patterns of grain pricing

Have grain prices reached a new trading range, or will they come down?

Economics, investor sentiment and trader psychology are all popular buzzwords that try to explain human nature, but they are nothing new. They have been around as long as humans, markets and trade have been around. They are all just another way of trying to figure out what the heck is going on. The study of

Huawei chief financial officer Meng Wanzhou leaves her family home in Vancouver in this May 8, 2019 file photo. (Photo: Reuters/Lindsey Wasson)

U.S. judge dismisses indictment against Huawei executive

Related charges remain against company

New York | Reuters — A U.S. judge on Friday dismissed an indictment against Meng Wanzhou, the chief financial officer of Huawei Technologies, formally ending a criminal sanctions case that strained U.S.-China and Canada-China relations. Meng, whose father Ren Zhengfei founded Huawei and is the telecommunications company’s chief executive, entered an agreement with U.S. prosecutors


(Dave Bedard photo)

StatCan data show smaller Canadian canola, durum production

Report also logs more barley, oats than previous estimates

MarketsFarm — Canadian farmers grew less canola and durum than originally thought in 2022, but more barley and oats, according to updated production estimates from Statistics Canada released Friday. “There were both bullish and bearish surprises,” MarketsFarm Pro analyst Mike Jubinville said. While canola production of 18.174 million tonnes was still up considerably from the

Huawei chief financial officer Meng Wanzhou leaves B.C. Supreme Court on a lunch break during her extradition hearing in Vancouver on Jan. 22, 2020. (Photo: Reuters/Jennifer Gauthier)

Huawei executive’s U.S. bank fraud charges to be dismissed

Charges remain against company itself

Reuters — U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against Meng Wanzhou, the chief financial officer of China’s Huawei Technologies, whose 2018 arrest strained relations between the U.S. and China. Meng struck a deal with the prosecutors last year for the charges against her to be dismissed on