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File photo of the Port of Montreal. (Guy Banville/iStock/Getty Images)

Baltic Dry Index hits 12-year high

Canadian grain exports slow either way

MarketsFarm — Strong demand to move cargo coupled with weather-related shipping constraints in a number of key corridors has helped take ocean freight rates to their highest levels in more than a decade. The Baltic Dry Index (BDI), a major indicator of shipping rates, settled Friday at 4,275 points, marking its highest level since November

(Thinkstock photo)

Prairie cash wheat: Prices rise as worldwide stocks fall

U.S. December wheat futures up on week

MarketsFarm — Continued tightening of worldwide wheat stocks has raised spring wheat prices in Western Canada during the week ended Thursday. As winter wheat planting in North America and Europe begins, dry conditions remain a threat not only in North America, but also in Argentina and Russia. The U.S. Department of Agriculture (USDA) also predicts


CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

U.S. grains: Soy, wheat, corn consolidate after earlier gains

Wheat ends week nearly three per cent higher

Chicago | Reuters — Chicago soybeans, corn and wheat eased on Friday as the markets consolidated after earlier gains, pressured by a continuing U.S. harvest and limited exports at hurricane-damaged U.S. Gulf export terminals. The most-active soybean futures on the Chicago Board of Trade fell 12 cents to $12.84 a bushel, ending the week down

Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)

Norway’s Yara curtails European ammonia output

Surge in price of natural gas cited

Oslo | Reuters — Norway’s Yara is curtailing ammonia production at a number of plants due to a surge in the price of natural gas, the fertilizer maker said Friday. “Record high natural gas prices in Europe are impacting ammonia production margins,” Yara said in a statement. “Including optimization of ongoing maintenance, Yara will by


(Vonkara1/E+/Getty Images)

Interview: Counting crops in advance

Reviewing the latest from StatsCan and USDA

Statistics Canada on Tuesday released new model-based estimates for the country’s principal field crops, projecting “substantial” yield declines for most of the major crops grown in Canada, due mainly to drought conditions across much of Western Canada during much of the growing season. The previous Friday, the U.S. Department of Agriculture released its latest world

CBOT December 2021 wheat (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: CBOT wheat up after mixed trade

Traders eye U.S. corn harvest results

Chicago | Reuters — Chicago Board of Trade wheat futures ended higher on Thursday after struggling for direction as traders assessed reduced harvest prospects in major exporting countries. Corn and soybean futures were little changed after topping two-week highs. Traders focused on global supply risks for wheat as Strategie Grains sharply lowered its projection for

Photo: Thinkstock

Feed weekly outlook: U.S. corn imports to supplement tight supplies

Feeders seeking barley would 'have to pay up'

MarketsFarm — The looming corn harvest in the United States should keep a lid on rising feed grain prices in Western Canada, with more corn expected to make its way into Canadian feedlots this winter. “U.S. corn should start landing in Lethbridge sometime in October or early November,” said Jim Beusekom, of MarketPlace Commodities at