CNS Canada –– Following are a few highlights in the Canadian and world feed grains markets on Friday, Oct. 9. • CBOT corn futures were posting small gains Friday morning, but were holding rangebound overall as traders were squaring positions ahead of the U.S. Department of Agriculture’s monthly supply/demand report due out later in the
Feed: Corn awaiting USDA, Sask. barley yields near average
Pulses: Sask. harvest wraps, El Nino hits Australia
CNS Canada — Following are a few highlights in the Canadian and world pulse markets on Friday morning, Oct. 9. • Peas and lentils are both 99 per cent combined in Saskatchewan, according to the latest provincial report. Lentil yields are averaging 1,279 lbs./ac., which compares with 1,371 in 2014. Peas averaged 32 bu./ac., also
Pulses: Imports arriving in India, new pea protein products
CNS Canada — Following are a few highlights in the Canadian and world pulse markets on Thursday morning, Oct. 8. • Imported supplies of arhar dal (pigeon peas) are starting to help ease rising domestic pulse prices in India, according to reports from the country. Poor local production this year should keep India as a
Feed grains: Corn edging down, Japan looking for barley
CNS Canada –– Following are a few highlights in the Canadian and world feed grains markets on Thursday, Oct. 8. • CBOT corn futures were posting small losses Thursday morning, but were holding rangebound overall as traders were squaring positions ahead of Friday’s USDA monthly supply/demand report. December corn was trading at US$3.9450 per bushel
Global markets: Clinton opposes TPP, Chinese stocks gain
CNS Canada — The following is a glance at the news moving markets globally. HILLARY CLINTON SAYS SHE DOES NOT SUPPORT PACIFIC TRADE DEAL — U.S. democratic presidential candidate Hillary Clinton said Wednesday she does not support the Trans-Pacific Partnership. The deal doesn’t do enough to protect consumers from high drug prices and currency manipulation,
Pulses: India needs more pulses
CNS Canada — A few highlights in the Canadian and world pulse markets on Wednesday, Oct. 7. • Average protein levels for peas in Western Canada are coming in below the year-ago level, according to early sample data from the Canadian Grain Commission as of Oct. 1. Of the samples collected to date, the mean
Weekly canola crush hits best level in over two months
CNS Canada –– Canada’s domestic canola processors are getting busier, with the latest crush data showing the most active week in two-and-a-half months. Capacity utilization during the week ended Wednesday climbed to 82.8 per cent, which compares with only 66.9 per cent the previous week, according to the latest report from the Canadian Oilseed Processors
Small new crops keep eyes on ending stocks ahead of StatsCan
CNS Canada — Smaller Canadian canola and wheat crops in 2015-16 should keep some extra attention on the carryout from the previous crop year, when Statistics Canada releases its ending stocks report on Thursday. However, barring any surprises in the data, current weather and production prospects should remain the major drivers in futures markets. Canola
G3 Global closes CWB deal and retires name
Commodity News Service Canada – G3 Global Grain Group, a newly established agribusiness joint venture based in Winnipeg, has officially closed its investment in a majority interest in CWB, the former Canadian Wheat Board. CWB will be combined with the grain assets of Bunge Canada to form a new Canadian agribusiness, G3 Canada Limited, a
ICE weekly outlook: Canola receives boost from soybeans
CNS Canada — The ICE Futures Canada canola market pulled higher during the week ended Tuesday, following heavy gains in the U.S. soy complex which advanced to its highest point in five months Tuesday. Traders were keenly observing Tuesday’s 2015-16 Statistics Canada acreage report which called for 19.84 million acres of canola in Western Canada.