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Cereals

CBOT December 2022 soft red winter wheat (candlesticks) with 20- and 50-day moving averages (green and black lines), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: CBOT wheat retreats after nearing three-month high

USDA reported lower-than-expected corn stocks Friday; soy harvest progress exceeds expectations

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Chicago | Reuters — Chicago Board of Trade wheat futures settled lower on profit-taking on Monday after approaching a three-month high reached during the previous session, traders said. The setback in wheat futures came after a reduced official estimate of the U.S. harvest and heightened tensions in the Ukraine war put renewed attention on global
Agricultural engineer Maximiliano Marzetti checks genetically modified wheat with a strain called HB4, which has a gene that helps it better tolerate drought, inside a laboratory at Bioceres Crop Solutions in Rosario, Argentina, July 19.
Cereals, News

Argentina gambles on GM wheat

As war and drought hit global crops, Latin American nation sees opportunity for technology

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Reuters – In fields near the Argentine farm town of Pergamino, spiky green shoots of wheat stretch in neat rows to the horizon. It is a crop that developers hope will boost yields of the grain thanks to a single gene borrowed from sunflowers to help it better tolerate drought.  Reached along a dusty farm
CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat soars on new data, Russia’s annexation move

Corn climbs on smaller stocks; soybeans dip after bigger-than-expected stocks

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Chicago | Reuters — Chicago wheat spiked on Friday, supported by a drastic cut to U.S. production estimates by the Agriculture Department, and Russia’s annexation of parts of Ukraine followed by increased U.S. sanctions. Corn climbed on smaller-than-expected U.S. stockpiles, while soybeans sank after USDA noted increased stores of the oilseed. The most-active wheat contract
(Leonid Eremeychuk/iStock/Getty Images)
Crops

U.S. trade commission sues pesticide makers, alleging price scheme

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Washington | Reuters — The U.S. Federal Trade Commission on Thursday sued two top pesticide manufacturers for allegedly entering into exclusive contracts with distributors that kept prices paid by farmers artificially high. The consumer watchdog agency was motivated to bring the case in part because rising costs and supply chain disruptions from Russia’s invasion of
CBOT November 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans firm on exports, mixed harvest results

CBOT wheat eases after earlier gains; Russia's annexation plans in focus

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Chicago | Reuters — Chicago soybean futures inched higher on Thursday, supported by strong export sales after lower trade much of the week as harvest progresses across the U.S. Midwest, though some farmers report lower-than-anticipated yields, analysts said. Corn and wheat eased ahead of Friday’s U.S. Department of Agriculture (USDA) quarterly U.S. grain stocks and
(Lightguard/iStock/Getty Images)
Crops, Weather

Saskatchewan harvest advances under varied rainfall

Harvest ahead of five-year average

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MarketsFarm — Saskatchewan’s harvest progressed during the week of Sept. 20-26 despite variable weather conditions across the province, according to Saskatchewan’s weekly crop report released on Sept. 29. As of Sept. 26, 81 per cent of the province’s harvest was complete, up eight percentage points from the previous week and six points ahead of the
CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat up on war worries

Corn, soy also firm despite recession fears

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Chicago | Reuters — U.S. wheat futures rose more than three per cent on Wednesday, supported by fears of escalating conflict between major grain exporters Russia and Ukraine, as well as dry conditions in the U.S. Plains crop belt, analysts said. Corn followed wheat futures higher and soybeans closed up fractionally, shaking off pressure from
Prime Minister Justin Trudeau views damage to lobster boats from Hurricane Fiona at Stanley Bridge, P.E.I. on Sept. 27, 2022. (Photo: Reuters/Phil Matusiewicz)

Trudeau tours storm-hit Atlantic Canada as power outages persist

Flooding may hit P.E.I. potato crops

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Port aux Basques, N.L. | Reuters — Prime Minister Justin Trudeau on Tuesday started a tour of Atlantic Canada, where thousands were still without power after record-setting storm Fiona ravaged the country’s east coast, tossing homes into the sea and killing at least three people. Fiona recorded the lowest barometric pressure ever for a storm

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