CBOT January 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy rises on trade hopes

Chicago | Reuters — U.S. soybean futures rose on Wednesday, buoyed by renewed optimism about a U.S.-China trade deal as well as some bargain buying, traders said. Corn futures were lower, giving up early gains on technical selling, while wheat futures firmed after two days of sharp declines. Investors were reassured by a Bloomberg report

(JimPattison.com)

Pattison to shut one Saskatchewan Deere dealership

Pattison Agriculture’s chain of Deere ag equipment dealerships in Saskatchewan and Manitoba is preparing to cut one link. The Prairie farm equipment sales and service arm of B.C.’s Jim Pattison Group announced Tuesday on its website and social media it will permanently close its dealership at Foam Lake, Sask. effective Dec. 31. The Pattison store



A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)

CN strike to weigh on railway’s 2019 profit

Reuters — Canadian National Railway on Tuesday cut its adjusted profit growth target for 2019, citing shipment delays from the country’s largest rail strike in a decade that ended last week. Shares in CN, which counts billionaire Bill Gates’ investment firm as its biggest shareholder, fell almost two per cent in morning trading in both


CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat futures drop sharply

Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures sagged 1.8 per cent on Tuesday, the biggest percentage loss for the most-active contract in two months, on a round of profit-taking and technical selling, traders said. U.S. corn futures closed narrowly mixed, with nearby contracts weighed down by the drop in



John Barlow, shown here in 2015, is the federal Conservatives’ new lead shadow cabinet minister for agriculture and agri-food. (Johnbarlowmp.ca)

Federal Tories’ former associate ag critic takes lead chair

Andrew Scheer’s federal Conservatives will have a familiar face in the agriculture critic’s chair when the House of Commons reconvenes next month. Scheer on Friday named John Barlow, the MP for the southwestern Alberta riding of Foothills, as the lead opposition critic for agriculture and agri-food. Barlow replaces Quebec MP Luc Berthold, who takes up

Cam Dahl (centre), Cereals Canada president, shares a joke with Yasuo Sasaki (left), executive director of the Japanese Flour Millers Association at a recent new crop mission to Tokyo.

Canada still has high-quality milling wheat to sell

But it may not be as easy to access following harvest challenges across the Prairies

A tough harvest has hit quality, but Western Canada still has the high-quality milling wheat it is famous for. That’s the message prospective buyers will hear at seminars this fall and early winter in Asia, Latin America, Italy, and North and West Africa. The events are organized by Cereals Canada, the Canadian Grain Commission (CGC)