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Cereals

CBOT May 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, wheat tumble as coronavirus rattles investors

Soybeans up off nine-month low on Argentina export news

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Chicago | Reuters — U.S. corn futures fell to contract lows on Thursday and wheat futures slumped to the lowest level in 2 -1/2 months in tandem with tumbling equities and energy markets amid investor fears of the coronavirus outbreak developing into a pandemic. Soybeans fell to their lowest point in nine months but later
CBOT May 2020 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans bounce on chance of Argentina export limits

Coronavirus fears remain anchor on commodities prices

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Chicago | Reuters — U.S. soybean futures on Wednesday extended a rebound from a sharp drop earlier this week as investors anticipated changes to Argentine export taxes that could reduce export competition from the major soy supplier. Corn and wheat futures eased on pressure from a firmer dollar, which creates headwinds for U.S. exports, and
CBOT May 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans bounce, corn stabilizes

Warm winter, weaker Russian ruble drag on wheat

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Chicago | Reuters — U.S. corn futures stabilized on Tuesday and soybean futures firmed in a mild recovery from the prior session’s steep drop on fears about the impact of the coronavirus outbreak. Wheat futures were mixed after posting fresh lows on technical selling and pressure from ample global supplies and stiff competition for U.S.
“We must protect the rights of farmers, but also ensure that we have a robust biotech industry in Canada.” – John Barlow, agriculture critic.
News

Fraser: Feds still undecided on future of seed royalties

Either system will cost farmers, but proponents say the return will be worth it

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The federal government has still not made a decision whether to allow royalties on farm-saved seed in Canada, saying no decision has been made on “potential ways to grow seed research and development.” Agriculture and Agri-Food Canada (AAFC) started engaging cereal and grain growers “to explore ways to improve their profitability and competitiveness in the
David Kayi, a Hello Tractor engineer, installs an application on a John Deere 5503 tractor, using the Hello Tractor technology that connects farmers with vehicles’ owners, at a hay farm at Umande village in Nanyuki, Kenya on Feb. 4, 2020. (Photo: Reuters/Njeri Mwangi)
Crops, Markets

Deere taps tractor-hailing tech in bid to break ground in Africa

Low incomes, lack of credit hobble African mechanization

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Nanyuki, Kenya/Johannesburg | Reuters — It’s ride-hailing, farm style. Deere and Co. is teaming up with the “Uber of tractors” in Africa and betting on a future where farmers summon machines with the touch of a button. The world’s leading farm equipment maker is outfitting its tractors with startup Hello Tractor’s technology, which allows farmers
(GFM Staff photo)
Crops

La Coop federee set to go full Sollio

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After gently getting the Canadian public used to the idea, one of the biggest agricultural co-operatives in the world is set to make its rebranding official. La Coop federee announced Monday it will officially present Sollio Cooperative Group as its “new identity” on Thursday during the organization’s annual general meeting in Montreal. The co-operative, ranked
Four men walk along rail tracks near a blockade at Tyendinaga, Ont., east of Belleville, on Feb. 22, 2020. (Photo: Reuters/Carlos Osorio)
Crops

OPP clear rail blockade, arrest 10

No word yet on when CN service through area will resume

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Tyendinaga, Ont. | Reuters — Ontario Provincial Police on Monday made 10 arrests and cleared a rail blockade that had been stopping freight and passenger traffic for almost three weeks on one of the country’s busiest lines. OPP secured the area just east of Belleville, Ont., Canadian National Railway Co (CN) said, and CN technicians

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