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CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy rally as slow planting pace ignites short-covering

By GFM Network News, Julie Ingwersen May 14, 2019

Chicago | Reuters — U.S. corn futures climbed more than three per cent on Tuesday and soybeans bounced back from a decade low as planting delays in the Midwest crop belt sparked a round of short-covering, analysts said. Additional support stemmed from optimistic comments from Washington and Beijing that tempered concerns about a further escalation

A Mexican port-of-entry sign on Highway 92 near Naco, Arizona. (Rex_Wholster/iStock/Getty Images)

Crops, Markets

New Mexican duties against U.S. ready soon, minister says

By GFM Network News, Reuters May 14, 2019

Toronto | Reuters — Mexico is finalizing duties to impose on new U.S. products in retaliation for the Trump administration’s steel and aluminum tariffs and details should be available soon, Economy Minister Graciela Marquez said on Tuesday. Mexico and Canada have both imposed retaliatory measures on billions of dollars of U.S. goods. Mexico said in

Lorne Dach (left) is the new agriculture and forestry critic in the Alberta New Democrats’ shadow cabinet. (AlbertaNDP.ca)

Livestock

West Edmonton MLA named Alberta ag critic

By GFM Network News, Gfm Staff May 13, 2019

An Edmonton Realtor turned provincial MLA is Alberta’s new official opposition critic for agriculture and forestry. Rachel Notley, leader of the province’s opposition New Democrats, on Monday announced her shadow cabinet and named Lorne Dach, MLA for Edmonton-McClung, as the party’s ag critic. Dach came to the legislature in the 2015 election with a political

CBOT July 2019 soybeans with Bollinger (20,2) bands. (Barchart)

Crops, Markets

U.S. grains: Soybeans hit 10-year low on trade tensions

By GFM Network News, Julie Ingwersen May 13, 2019

Chicago | Reuters — U.S. soybean futures fell to their lowest in a decade on Monday as escalating U.S.-Chinese trade tensions dampened hopes for a revival in soybean exports, analysts said. At the same time, planting delays in the U.S. Midwest could prompt farmers to shift some acres intended for corn to soybeans, potentially adding

Crops

California jury hits Bayer with US$2 billion award

By GFM Network News May 13, 2019

Reuters — A California jury on Monday awarded more than US$2 billion to a couple who claimed Bayer’s glyphosate-based Roundup herbicide caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical. It was the third consecutive U.S. jury verdict against the company in litigation over the

Crops, Markets

B.C. longshoremen vote in favour of strike

By GFM Network News May 13, 2019

MarketsFarm — Longshore workers at the Port of Vancouver have voted overwhelmingly in favour of a strike. Members of the International Longshore and Warehouse Union (ILWU) voted 98.4 per cent in favour of strike action against the member companies of the B.C. Maritime Employers Association (BCMEA), the union said Friday. In a letter to union

Markets, Weather

No automatic renewals this year for Ontario’s RMPs

By GFM Network News, Gfm Staff May 11, 2019

With a new option this year for coverage under Ontario’s Risk Management Program (RMP), producers won’t be able to let previous decisions ride. Agricorp, the province’s farm program delivery agency, on Thursday released full 2019 program details for the RMPs for grains/oilseeds, cattle, hogs, veal and sheep, including premium rates and updated program timelines. As

Ardent Mills’ flour mill at Rush City, Minn., about 80 km north of St. Paul. (ArdentMills.com)

Cereals, Crops

Ardent Mills to close four U.S. flour mills

By GFM Network News, Karl Plume May 10, 2019

Reuters — Ardent Mills will close three U.S. flour mills next month and a fourth in the first quarter of 2020, the flour miller and food ingredient maker announced Friday. The company, a joint venture between ConAgra Foods, Cargill and CHS, said the closures were necessary due to “anticipated demand and to enhance the efficiency

CBOT July 2019 wheat with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Crops, Markets

U.S. grains: Soy sinks to decade low as China trade war escalates

By GFM Network News, Tom Polansek May 10, 2019

Chicago | Reuters — U.S. soybean futures sank to their lowest prices in more than a decade on Friday as U.S. President Donald Trump said he was in no hurry to sign a deal to end the trade war with Beijing, a dispute that has slashed U.S. exports of the oilseed to China. Wheat futures

Crops, Markets

U.S. grains: Soy futures break 10-year low on China trade tensions

By GFM Network News, Tom Polansek May 9, 2019

Chicago | Reuters — U.S. soybean futures tumbled to their lowest prices in more than a decade on Thursday as traders worried that make-or-break trade talks between Washington and Beijing would fail to produce a deal. Corn and wheat futures also fell as a two-day U.S.-China trade meeting was set to begin in Washington. President

Daily Network News

U.S. livestock: Cattle, hog futures rise on first WASDE since September

U.S. export sales include only small soybean business to China

U.S. corn and soybean yields revised down by USDA

Cereals

U.S. grains: Corn, soy rally as slow planting pace ignites short-covering

New Mexican duties against U.S. ready soon, minister says

West Edmonton MLA named Alberta ag critic

U.S. grains: Soybeans hit 10-year low on trade tensions

California jury hits Bayer with US$2 billion award

B.C. longshoremen vote in favour of strike

No automatic renewals this year for Ontario’s RMPs

Ardent Mills to close four U.S. flour mills

U.S. grains: Soy sinks to decade low as China trade war escalates

U.S. grains: Soy futures break 10-year low on China trade tensions

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