Commodities tumble in tough week

Commodities tumble in tough week

Seasonal effect enhanced by inflation concerns and rising interest rates

What goes up, must come down’ may be a tired cliché, but it proved true in the grain and oilseed markets once again as summer officially begins. Canola, soybeans, palm oil, wheat, corn — you name it, and it fell hard during the week ended June 23. The seasonality of the North American agricultural markets







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U.S. grains: Chicago grains rally on crop ratings, China quarantine rules relaxing

Chicago | Reuters – Chicago corn futures bounced higher on Tuesday, after a U.S. government crop conditions report showed good-to-excellent ratings for corn fell more than expected, raising concerns about the Midwest crop as it heads toward a key pollination phase of development. Wheat futures rallied on short-covering and bargain buying after three straight sessions


While there’s much evidence of the benefits of cover crops, they’re not that common in Manitoba.

Cover crop training, peer group to begin this summer

Groups offer free courses on cover crops and other techniques

A cover crop training and peer-learning program will kick off with two farm tours this July. It’s one of three free courses through the Farm Resilience Mentorship program (FaRM) hosted in Manitoba by the Manitoba Organic Alliance (MOA) and the Canadian Forage and Grassland Association (CFGA). The course is for both conventional and organic farmers.

Poland is trying to move Ukraine grain by rail due to Russia’s blockade of Ukrainian sea ports on the Black Sea.  Photo: IanChrisGraham/iStock/Getty Images

Poland says EU goal for Ukraine grain movement not feasible by July

Warsaw | Reuters – The European Union’s goal to move 20 million tons of grain out of Ukraine by the end of July is not feasible amid little progress in implementing EU and U.S. initiatives to ease logistics problems, the Polish agriculture minister said on Tuesday. Speaking to Reuters in an interview, Henryk Kowalczyk accused



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Argentina’s Bioceres says GMO wheat gets OK from U.S. FDA

London/Chicago | Reuters – The U.S. Food and Drug Administration concluded a review of Argentine biotechnology firm Bioceres’ BIOX.BA genetically modified (GMO) wheat without further questions, a “key step” to commercializing it in the United States, the company said on Monday. While corn and soy crops used predominantly to feed livestock are commonly planted with