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The SWOT spacecraft is moved into a transport container inside the Astrotech facility at Vandenberg Space Force Base on Nov. 18, 2022. (Photo: USSF 30th Space Wing/Chris Okula)
Crops, Weather

NASA to conduct first global water survey from space

Data would bolster weather and climate forecasts

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Los Angeles | Reuters — A NASA-led international satellite mission was set for blastoff from southern California early on Thursday on a major Earth science project to conduct a comprehensive survey of the world’s oceans, lakes and rivers for the first time. Dubbed SWOT, short for Surface Water and Ocean Topography, the advanced radar satellite
Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops, Markets

Commodity merchant Louis Dreyfus creates food solutions unit

Company to draw on existing oilseeds processing portfolio

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Paris | Reuters — Agricultural commodity merchant Louis Dreyfus Co. (LDC) has created a food and feed solutions business line as part of efforts to diversify its activities in step with consumer trends, the company said on Tuesday. The new unit will focus on developing LDC’s presence in the lecithin, glycerine and specialty feed protein
CBOT March 2023 soybeans with 10-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybean futures rise

Chicago wheat, corn values fall

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Chicago | Reuters — U.S. soybean futures rose on Tuesday, supported by a round of bargain buying after two days of losses as well as signs that export demand remains strong, traders said. Corn and wheat futures weakened on a round of profit taking after hitting 10-day highs early in the session, with light demand
Country elevators have taken in a lot more wheat so far this crop year but global markets are quickly soaking it up.
Markets, News

Grain movement stats are a window into the market

Weekly numbers from the grain commission give near real-time data on deliveries and exports

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Glacier FarmMedia – Keep an eye on the weekly numbers for producer deliveries and grain exports, says one crops market analyst. “Weekly updates from the Canadian Grain Commission provide useful crop market movement and demand information,” said Neil Blue, who works for the Alberta government. The grain commission data covers grain and oilseeds moved in
CBOT March 2023 soft red winter wheat with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat, corn up on Black Sea export concerns

Chicago January soy falls

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Chicago | Reuters — U.S. wheat and corn futures rallied on Monday after a weekend attack that temporarily shut down key port for Ukrainian exports raised concerns about disruptions to grain shipments, traders said. Soybean futures dropped following rains in Argentina that alleviated concerns about crop shortfalls from that key export country. News that the
File photo of a train in Belarus. (Dimarik/iStock/Getty Images)
Crops, Markets

Belarus to allow Ukraine grain transit with no preconditions, U.N. says

Belarus still wants sanctions lifted off fertilizer

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United Nations | Reuters — Belarus told the United Nations on Friday that it would allow, without preconditions, the transit of grain from Ukraine through its territory for export from Lithuanian ports, a U.N. spokesman said. Belarus, used by its ally Russia as a staging ground for Moscow’s Feb. 24 invasion of Ukraine, said in
CBOT January 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybeans ease on global stocks

Exports, South American weather underpin soy; corn steady

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Chicago | Reuters — Chicago soybeans eased on Friday after the U.S. Department of Agriculture (USDA) increased its estimate of global ending stocks, though strong exports and South American weather concerns underpinned the market. Corn traded both sides of even, despite an increase in U.S. stockpiles, while wheat eased. The most-active soybean contract on the
CBOT January 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans climb to 2-1/2 month highs on strong exports

Wheat eases on disappointing exports

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Chicago | Reuters — Chicago soybean futures climbed on Thursday, supported by strong export demand, pushing the oilseed to nearly three-month highs. Wheat traded near even after Wednesday’s rebound from a one-year low, although prices remained capped by competition from record high Russian supplies. Corn followed soybeans higher. Movements in grains were limited as traders
On Dec. 1, the Environmental Protection Agency announced its plans for a new biofuel blending mandate...
Grain Markets, Markets

Soyoil drop plunges soybeans, canola

Soybean industry slams meaningless increase in biofuel mandates from U.S. EPA

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As the calendar flipped to December, the fortunes of Chicago soyoil, along with soybeans and canola, turned cold. On Dec. 1, the Environmental Protection Agency announced plans for a new biofuel blending mandate under the United States’ federal Renewable Fuel Standard. Starting in 2023, a greater volume of biofuels will be mixed with fuels at
CBOT March 2023 soft red winter wheat with 20-day moving average (green line), MGEX March 2023 hard red spring wheat (yellow line) and K.C. March 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat steadies after one-year low

Soybeans firm on China demand, Argentina drought

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Chicago | Reuters — Chicago wheat climbed on technical buying on Wednesday after sliding to 13-month lows earlier in the week, as global supplies weigh on U.S. markets. Soybean futures gained, underpinned by export demand optimism and dry conditions in top exporter Argentina. Corn inched higher, supported by wheat and soy despite from weaker crude

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