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ICE November 2021 canola (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

ICE weekly outlook: Analyst sees canola spike late next month

Movement expected to roll out of November soon

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MarketsFarm — As the canola harvest winds down on the Prairies, ICE Futures canola began to climb upward in approaching $900 per tonne, the upper limit of its range. That’s given Winnipeg-based analyst Wayne Palmer of Exceed Grain reason to believe canola will bust through $900 per tonne. “That’s all due to the drought and
CBOT December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn, soybeans, wheat move higher

New USDA stocks data due out Thursday

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Chicago | Reuters — U.S. corn futures rose on Wednesday, rebounding from declines a day earlier, as traders adjusted positions ahead of a key quarterly stocks report from the U.S. government, analysts said. Soybeans and wheat futures also advanced, with all three commodities bucking pressure from a sharply higher U.S. dollar. Chicago Board of Trade
The Garden City container terminal at Savannah is operated by Ports America on behalf of the Georgia Ports Authority. (Photo courtesy Georgia Ports Authority)
Crops, Other

Canada’s CPPIB to buy major U.S. port terminal operator

Canada Pension Plan's play furthers its infrastructure push

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Reuters — Canada Pension Plan Investment Board (CPPIB) said on Wednesday it had agreed to buy Ports America, one of the largest marine terminal operators in the U.S., from investment firm Oaktree Capital Management. While no valuation was given in the announcement, the deal values Ports America at over US$4 billion, according to two sources
Crop Report, Crops, News

Manitoba crops 90 per cent harvested, winter cereals seeding mostly complete

Manitoba Crop Report and Crop Weather report for September 28

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Southwest Region Very warm days, well above seasonal norms advanced harvest rapidly this week. Temperatures were extremely variable, with daytime highs ranging from the 25 C to 29 C, while overnight lows dipped to 3.5 C, with reports of frost in some northern areas. Average daily temperatures range from 11 C to 14 C. Dry
(Video screengrab via FirebirdMills.com)
Crops

Ardent Mills to buy further into gluten-free

Company plans deal for North Dakota pulse miller Firebird

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A major North American flour miller plans to stretch its reach further into the gluten-free milling market with a deal for a North Dakota processor. Ardent Mills said Monday it plans to buy the assets of Firebird Artisan Mills, which processes pulses and specialty grains at Harvey, N.D., about 240 km south of Brandon, Man.
File photo of equipment tracks over a field in England. (Georgeclerk/E+/Getty Images)
Crops

Regulations on gene-edited crops to be eased in England

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London | Reuters — Britain’s farming and environment minister George Eustice announced Wednesday that regulations related to gene editing in agricultural research would be eased in England following a public consultation. Rules will now largely be aligned with conventional breeding methods for research and development into plants although scientists will still be required to notify
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Markets, Weather

Pulse weekly outlook: Pea protein in demand despite falling yields

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MarketsFarm — Very few crops took more of a hit during the drought-stricken summer of 2021 than dry peas. Meanwhile, firm international demand and tightening stocks will raise pea prices even higher. According to Agriculture and Agri-Food Canada’s (AAFC) latest field crop estimates released Friday, pea production dropped 45 per cent at 2.527 million tonnes
CBOT December 2021 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn down off four-week top

CBOT oats down off 7-1/2-year high; soy, wheat also down

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Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday on macroeconomic worries as the dollar strengthened and crude oil futures turned down, and on harvest-related selling as combines rolled in the heart of the Midwest crop belt, analysts said. Soybeans and wheat followed the weak trend. Chicago Board of

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