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Canola market a wild toboggan ride

Expert's Radar: Up, down or sideways? A childhood memory gives insight

By Phil Franz-Warkentin January 22, 2024

When I was 10 years old, my family lived for a year in a small community on the Labrador coast. Our house was halfway up the side of a hill and you could ride a sled from our front door down to the Atlantic Ocean, which was amazing for a Prairie boy like me. The

Former CFA president Mary Robinson has been named to the Senate. She’s pictured at the CFA’s AGM in Ottawa in February 2020. (CFA-fca.ca)

Other

Robinson named to Senate

Former CFA president brings agricultural and business acumen to Canada’s upper house

By GFM Network News, Karen Briere January 22, 2024

Mary Robinson, former president of the Canadian Federation of Agriculture, has been appointed to the Senate.

Markets

Record large short position grows in canola

CBOT net short position on soybeans more than doubled

By GFM Network News, Phil Franz-Warkentin January 22, 2024

The record large net short position in ICE Futures canola continued to rise in mid-January, as fund traders put on more bearish bets and liquidated long positions, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Farmers protesting in Toulouse, France, on January 16, 2024, with tractors bearing placards that read ‘Macron still an effort, soon all farmers will be dead’. Photo by Alain Pitton/NurPhoto via Reuters

France’s farmer lobby turns up heat on government before talks

French farmers have a long history of disruptive protests

By GFM Network News, Reuters, Tassilo Hummel January 22, 2024

French farmers' representatives threatened to expand protests on Monday before a meeting with government to address anger over price pressures, taxes and green regulation - grievances that are shared by farmers across Europe.

ADM CFO placed on leave, shares tumble on probe into nutrition unit,

The global grains merchant cut its 2023 profit forecast, delayed Q4 results on investigation into flagged transactions

By GFM Network News, Reuters January 22, 2024

Shares of Archer-Daniels-Midland ADM.N slid 16 per cent in early morning trade on Monday after CFO Vikram Luthar was placed on administrative leave as the company investigates certain accounting practices at its Nutrition segment.

CBOT corn ZCH24 on Jan. 19 with 20, 50 and 100-day moving averages. (Barchart)

Markets

U.S. grains: Corn futures decline for sixth week in a row

Short-covering, positioning and U.S. export demand advance corn and wheat Friday

By GFM Network News, Reuters, Tom Polansek January 19, 2024

U.S. corn futures lost ground for the sixth consecutive week and soybean futures declined the fifth week in a row after expectations for plentiful supplies pushed the markets to multi-year lows on Thursday.

Signage on Viterra’s office building in Regina. (Dave Bedard photo)

GSU accepts Viterra offer

Wages see a slight improvement but union says they hope to build on it in next contract

By GFM Network News, Karen Briere January 19, 2024

Members of the Grain and General Services Union who work for Viterra have voted to accept the company's latest contract offer.

France could face nationwide farmer protests as anger mounts

Farmers cite fuel taxes, excessive restrictions and red tape among grievances

By GFM Network News, Reuters January 19, 2024

France's largest farm union FNSEA is considering nationwide protests in the coming weeks, a spokesperson said on Friday, potentially expanding action by farmers in the southwest who have blocked a highway and dumped manure on public buildings.

CBOT soybeans ZSH24 on Jan. 18 with 20, 50 and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn futures end higher after setting multi-year lows

Beneficial rains have eased concerns about crop damage in Brazil from drought

By GFM Network News, Reuters, Tom Polansek January 18, 2024

Chicago Board of Trade soybean futures dropped to their lowest level in more than two years on Thursday and corn futures set a three-year low before the markets turned higher on short covering and technical buying, analysts said.

CBOT soybeans ZSH24 on Jan. 17, 2024, with Bollinger bands. (Barchart)

Markets

U.S. grains: Soy futures drop near two-year low, corn sets three-year low

Wheat ended nearly unchanged after touching seven-week low on Tuesday

By GFM Network News, Reuters, Tom Polansek January 17, 2024

Chicago Board of Trade soybean futures tumbled near a two-year low on Wednesday as Brazilian crops benefited from improved weather and challenged U.S. exports on the global market, analysts said.

Daily Network News

New strategies needed for Canadian agriculture to stand out in global trade

Feed Grains Weekly: Cash prices for wheat, barley largely flat

The Canadian GMO mustard wars: Dijon vs canola

Oilseeds

Canola market a wild toboggan ride

Robinson named to Senate

Record large short position grows in canola

France’s farmer lobby turns up heat on government before talks

ADM CFO placed on leave, shares tumble on probe into nutrition unit,

U.S. grains: Corn futures decline for sixth week in a row

GSU accepts Viterra offer

France could face nationwide farmer protests as anger mounts

U.S. grains: Soy, corn futures end higher after setting multi-year lows

U.S. grains: Soy futures drop near two-year low, corn sets three-year low

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

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