CBOT March 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn firm on trade deal hopes

Chicago | Reuters — U.S. soybean futures firmed on Tuesday, rising for a sixth consecutive session on hopes that the United States and China will continue to progress toward an interim trade deal. Corn futures also edged higher on an improved trade outlook as Canada, Mexico and the United States approved changes to a preliminary

Schuler’s MS550 multi-screw vertical mixer has a mixing capacity of 550 cubic feet. (SchulerMfg.net)

Vermeer buys TMR mixer maker Schuler

U.S. hay and forage equipment manufacturer Vermeer Corp. is expanding its reach in the cattle feeding business with a deal for fellow Iowa firm Schuler Manufacturing. Vermeer announced Wednesday it purchased Schuler for an undisclosed sum and that Schuler products will still “initially” be sold under the Schuler brand, but with an “intentional transition” to


Standing corn west of Giroux, Man. on Oct. 21, 2019. (Dave Bedard photo)

StatsCan shows corn, soy output down across board

Despite increases in Ontario’s harvested acres for both soybeans and corn, the province’s production of both crops in 2019 followed the rest of Canada’s lower in Statistics Canada’s latest estimates. StatsCan’s November estimates for production of principal field crops, released Friday, dropped Canada’s production of soybeans to six million tonnes, down 18.5 per cent from

CBOT January 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybean futures set two-week high

Chicago | Reuters — U.S. soybean futures rose for a fifth straight session to their highest in two weeks as Chinese importers on Monday bought at least five bulk cargo shipments of the oilseed from the United States, or about 300,000 tonnes, traders said. A rally to four-week highs in soyoil futures helped support the



A truck unloads soybeans imported from Brazil on the quay of a port in Nantong city, east China’s Jiangsu province.

Chinese importers scoop up Brazilian soybeans

Uncertainty over a U.S.-China trade deal has been causing buyers to lock up supplies

Chinese buyers scooped up at least 20 cargoes of Brazilian soybeans last week as uncertainty over a trade deal with the United States sent them rushing to lock in supplies, traders said Nov. 25. Importers also jumped on the new-crop Brazilian beans because of attractive margins, said two traders who declined to be identified. The purchases were for


(CanopyGrowth.com)

Constellation tightens grip on Canopy with CEO appointment

Reuters — Constellation Brands finance head David Klein will take over in January as CEO of pot producer Canopy Growth Corp., hardening up the Corona beer maker’s control of a company into which it has sunk US$4 billion. Klein was appointed Canopy chairman in October after Constellation booked a $430 million net loss related to