San Diego | CNS Canada — “Building partnerships and growing markets” was the theme of the National Ethanol Conference in San Diego — a theme members of the U.S. Renewable Fuels Association (RFA) believe aligns well with an increased focus on national security and protectionist policies under new President Donald Trump. Speaking Tuesday, the head
U.S. ethanol sector pumped on Trump
U.S. ethanol expected to be competitive in 2017
San Diego | CNS Canada –– Weaker commodity prices and less international competition are expected to lend demand and profitability to the U.S. ethanol market in 2017, one analyst says. But changing political and policy environments — in the U.S. and abroad — add an element of uncertainty to the market, and the potential to
Mustard seeding to drop with higher stocks, competition
CNS Canada — Stockpiles of mustard are likely to put a squeeze on the number of acres seeded in Canada this year, especially as the commodity competes price-wise with canola. Olds Products, North America’s second-biggest mustard manufacturer, has started contracting acres in Alberta, Saskatchewan, North Dakota and Montana. Seed division manager Walter Dyck expects less
Lack of buyer interest leaves lentil market without pulse
CNS Canada — Lentil buyers are keeping to the sidelines as mixed weather reports from India bring an element of turbulence into the market. Crop conditions in India are generally favourable, keeping Canada’s old- and new-crop lentil markets quiet, said Bobby Leavins of Rayglen Commodities in Saskatoon. New-crop buyers are showing little interest until India’s
With demand, deregulation, ‘opportunities abound’ for hemp
CNS Canada — Aggressive contracting in the hemp sector is expected to bump up Canadian acres — another benefit for growers who will experience less red tape this year. “We’ve seen a lot of activity on the contracting side for growers,” said Kim Shukla, executive director of the Canadian Hemp Trade Alliance at Steinbach, Man.
CBOT weekly outlook: Soy, corn expected to move steady to lower
CNS Canada –– Despite a divergence in the two markets on the week, Chicago Board of Trade soybeans and corn are expected to shift back into step, moving sideways to lower in short-term trade, one U.S. analyst says. Improving South American weather is likely to keep a lid on soybeans, said Terry Reilly, senior commodity
ICE weekly outlook: Easy come, easy go for canola
CNS Canada — The ICE Futures Canada canola market has been something of a maverick over the course of the week, bucking pressure from a stronger loonie and weaker soybeans, but traders could turn on the market in coming sessions, one analyst said. “There’s certainly some commercial buying keeping it firm, but it may be
Pinto prices strong, farmers weigh new-crop options
CNS Canada –– Manitoba pinto bean spot prices are holding steady near yearly highs, as adverse weather during the growing season scaled back production. “It was a pretty wet year, compared to the previous year,” said Dennis Lange, Manitoba Agriculture’s industry development specialist for pulse crops in Altona. Areas of southern Manitoba saw heavy rainfall
CBOT weekly outlook: Soy, corn to tilt lower moving forward
CNS Canada — Following a U.S. government supply and demand report due out Thursday, soybeans and corn are expected to be sideways to lower as traders anticipate upcoming supplies, one U.S. analyst says. “Technically we’ve kind of ran up to the higher end of our trading ranges. We probably can back off a little bit,”
ICE weekly outlook: Canola stuck in downward trend
CNS Canada — A downward trend in oilseed markets is likely to weigh on canola, one analyst says, as year-end trading has already scaled back prices. Since last week, ICE Futures Canada canola has lost $5.10 per tonne in its March contract, closing Wednesday at $503.60. “The big issue is we’ve got some year-end factors
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