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Daily Network News

  • (Left to right) Jeff Mahon, Greg MacDonald and Edwini Kessie speak on a panel at the Canadian Crops Convention in Toronto on March 12. Photo: Jonah Grignon

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

    1 day ago
  • Prices for feed barley and wheat will have to increase eventually says a broker. Photo: File

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

    1 day ago
  • The Canadian GMO mustard wars: Dijon vs canola

    1 day ago
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Oilseeds

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: CBOT corn hits an over one-year high on South American weather worries

By Reuters January 23, 2025
Chicago Board of Trade corn futures resumed a rally on Thursday as concerns over dryness in Argentina and tighter U.S. stocks propelled futures to the highest price seen in more than 14 months, traders said.

The supply and demand fundamentals for canola are supportive of price this winter, but Canadian farmers are facing a situation where geopolitics are dominant and supply/demand is secondary for canola, said Mike Jubinville, a senior markets analyst with Glacier MarketsFarm. Photo: Robert Arnason
Crops, News

Manitoba Ag Days: ‘Political manipulations’ hold back canola – analyst

By Robert Arnason January 23, 2025
If global politics, tariffs and uncertainty were magically removed from the market, canola prices in Canada would likely be $1.50 per bushel higher, says a veteran markets analyst.


Photo: REUTERS/Brendan McDermid
News, Reuters

ADM declares force majeure along US Gulf terminals, Bloomberg News reports

By Reuters January 23, 2025
Global grains trader ADM has halted loading of grain vessels and declared a force majeure at U.S. Gulf terminals as the region faces a severe winter storm, Bloomberg News reported on Wednesday.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Chicago soy, corn futures lower on profit-taking, Argentina weather

By Reuters January 22, 2025
Chicago corn and soybean futures eased from the previous session's multi-month peaks on Wednesday on profit taking and timely rains forecast for Argentina, said analysts.


“But we lost a lot of acres… which suggests to me that some organic guys have let some of their organics land go. And they are growing canola on the side,” says Laura Telford. Photo: Greg Berg
Markets

ICE Canada Weekly: Canola facing ‘extreme uncertainties’ says trader

Excluded from U.S. biofuel tax credits, facing tighter supplies

By Glen Hallick - MarketsFarm January 22, 2025
The path canola is to take as January turns to February has been marked by “extreme uncertainties,” explained broker Ken Ball of Ventum Financial in Winnipeg.

 Photo: Reuters/Paul Whitaker
Markets, News, Reuters

Brazilian soy shipments to China from five firms halted, sources say

By Mei Mei Chu, Naveen Thukral, Reuters January 22, 2025
China, the world's biggest soybean buyer, has stopped receiving Brazilian soybean shipments from five entities after cargoes did not meet phytosanitary requirements, two sources with direct knowledge of the matter told Reuters on Wednesday.


(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Corn, soy rally as Trump postpones threatened tariffs

By Reuters January 21, 2025
Chicago Board of Trade corn futures hit a fresh one-year high on Tuesday, as the tariffs promised by newly sworn-in U.S. President Donald Trump did not materialize, traders said.

Argentina crops threatened by ongoing drought despite recent rainfall
Markets, News, Reuters

Argentina crops threatened by ongoing drought despite recent rainfall

By Reuters January 21, 2025
Recent rains in Argentina's agricultural heartland have not alleviated concerns that ongoing drought could further hurt crop yields, the Rosario grains exchange said in a report released on Monday.


Photo: REUTERS/Quinn Glabicki
News

No immediate tariffs means more time to engage, prepare say ag, food leaders

By Jonah Grignon January 20, 2025
No immediately-imposed tariffs means more time to engage with American officials on the importance of free trade and to prepare for future negotiations say agriculture industry groups say.

Photo: iStock/Getty Images
Markets, News, Reuters

China’s Dec imports of Canadian canola decline

Anti-dumping probe more likely to affect 2025/26 exports, FCC says

By Mei Mei Chu, Reuters January 20, 2025
China's imports of Canadian canola, which had been surging since June, plunged in December after Beijing opened an anti-dumping investigation into the oilseed, Chinese customs data showed on Monday.


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