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Cereals

Syngenta’s headquarters in Basel, Switzerland. (Photo courtesy Syngenta)
Crops

Chinese envoy says Syngenta takeover was a bad deal

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Zurich | Reuters — Beijing’s ambassador to Switzerland said ChemChina’s US$43 billion takeover of seed and agrochemicals firm Syngenta was a mistake, adding he would have tried to stop the 2017 deal had he been in Bern at the time, a newspaper reported in an interview on Saturday. “If I had been the ambassador a
CBOT September 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn posts steepest drop in three years on USDA acreage view

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Chicago | Reuters — U.S. corn futures plunged by the most in nearly three years on Friday after the U.S. Department of Agriculture (USDA) pegged U.S. planted acres well above trade expectations despite rains and flooding this spring that disrupted sowing. Soybeans firmed on USDA’s smaller-than-expected acreage estimate, while wheat fell in tandem with plummeting
Cigi staff evaluate wheat flour for use in oriental noodles. (Cigi photo)
Cereals, Crops

Cigi, Cereals Canada agree to pursue amalgamation

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The boards of the Canadian International Grains Institute (Cigi) and Cereals Canada have agreed to pursue amalgamation by March 31, 2020. That’s if a proposal, yet to be developed, is approved by the two bodies’ member organizations, leaders Dean Dias and Cam Dahl, said Friday in separate interviews. “During the past week, both boards have
Editorial, Opinion

Editorial: Pulling it together

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It’s been a long road towards merger for Manitoba commodity groups. Over the past three years groups have opted in and out of the process and at times it’s seemed like little or nothing was happening. But in truth that’s just been the long, slow process of trying to bring independent entities together into one
Evolving commodity supergroup searches for a moniker
News, Other

Evolving commodity supergroup searches for a moniker

Deciding what to call an organization made up of five is more complicated than you might think

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What’s in a name? As Shakespeare wrote, “… a rose by any other name would smell as sweet… ” But five Manitoba crop commodity groups considering a merger beg to differ. The Manitoba Wheat and Barley Growers Association (MWBGA), Manitoba Corn Growers Association, Manitoba Flax Growers Association, National Sunflower Association of Canada and Winter Cereals
CBOT September 2019 corn (candlesticks) and MGEX September 2019 wheat (orange line). (Barchart)
Crops, Markets

CBOT weekly outlook: USDA’s acreage report could push up prices

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MarketsFarm — At least one analyst predicts the U.S. Department of Agriculture’s next acreage report, due out Friday, could have a bullish effect at the Chicago Board of Trade. “If we come in near trade expectations for the (soybeans), it might be supportive,” said Terry Reilly, grains analyst with Futures International in Chicago. Trade expectations
CBOT July 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Weather

U.S. grains: Soy, corn down on improved weather

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Chicago | Reuters — U.S. corn futures fell for the first time in three sessions and soybeans fell for a second straight day on Wednesday, with prices weighed down by forecasts of dry weather in parts of the U.S. Midwest that lifted hopes for improved crop conditions. “This short-term warm weather can lead to a

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