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Canola in swath near Starbuck, Man. on Aug. 10, 2019. (MarketsFarm photo by Glen Hallick)
Crops, Markets, Weather

StatsCan report puts canola production at lowest since 2015

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MarketsFarm — Data from Statistics Canada’s production of principal field crops report, released Friday morning, will likely be supportive of canola values, put pressure on barley, and keep wheat prices steady. In the report, canola production across Canada decreased by 8.3 per cent nationally to 18.6 million tonnes, compared to 2018 production volumes. The decreased
Covantis developers said they met with industry stakeholders in Brazil in October to discuss how their system would apply in soybean traffic between Brazil and China. (Covantis.io)
Crops, Markets

Major grain traders’ e-transaction platform gets name

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The blockchain-based global commodity transaction platform being developed by six of the world’s biggest agrifood firms is moving ahead with a new name and project leader. The six companies — ADM, Bunge, Cargill, Louis Dreyfus, Cofco and Glencore Agriculture — announced Wednesday the project will be named Covantis, and have hired former ADM executive Stefano
CBOT January 2020 soybeans (candlesticks) with January 2020 soymeal (yellow line). (Barchart)
Crops, Markets

U.S. grains: Soy futures follow rally in soymeal

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Chicago | Reuters — U.S. soybean futures rose on Thursday for the third straight day, led higher by strength in the soymeal market stemming from news that an Argentine soy crusher was experiencing financial stress, traders said. Corn futures ended lower after trading close to unchanged for much of the day, while wheat dropped on
"We are stronger, together,” says Myron Krahn of the Manitoba Corn Growers Association.
Crops, Local news

Manitoba commodity groups choose name ahead of merger vote

The groups are hosting webinars to educate members of proposed plans

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If members vote to amalgamate five Manitoba commodity groups, they’ll go forward under a new name: Manitoba Crop Alliance. “When we looked at the definition of the word alliance, which is an association formed for mutual benefit, we felt that summarized the intent of the amalgamation. We are stronger, together,” said Myron Krahn, Manitoba Corn
Martyn Donnelly, regional manager, livestock production, Atlantic Canada; Judy Cairns, accounting manager, finance; and David Ross, sales manager, livestock production (l-r) mark the rebranding of their division as Sollio Agriculture outside their Moncton office. (Photo courtesy Sollio Agriculture)
Crops

Atlantic Farm Services takes sister firm’s new name

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Corrected, Dec. 6, 2019 — The former ag retail distribution and feed milling businesses of Co-op Atlantic are set to take the new name of their sister company. Sollio Agriculture, the agribusiness arm of Quebec-based La Coop federee, announced Monday its Atlantic Farm Services business is officially rebranding with the Sollio Agriculture trademark, which La
Dried Ear of Cereal crop in studio isolated against white background.
Cereals, Markets

French wheat and barley ratings decline

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Crop ratings for French wheat and barley have fallen sharply, while farmers made little progress with sowing and harvesting, data from farm office FranceAgriMer showed Nov. 22, suggesting heavy rain was continuing to affect field conditions. An estimated 78 per cent of soft wheat, France’s main cereal crop, was rated good or excellent in the
Argentine farmers plant more soybeans
Markets, Oilseeds

Argentine farmers plant more soybeans

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Argentina’s government and the country’s main grains exchange increased their soy-planting estimates Nov. 21, as growers hedge against political uncertainty by shifting toward oilseeds, which are cheaper to grow, and away from more expensive corn. Argentine President-elect Alberto Fernandez, set to take office on Dec. 10, has said little about his farm policy plans. But
(Medioimages/Photodisc/Getty Images)
Crops, Markets

CBOT weekly outlook: Headlines, geopolitics drive prices

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MarketsFarm — To Terry Reilly, about the only things driving the Chicago Board of Trade (CBOT) are headlines and geopolitics developments. “Traders are trading headlines,” Reilly, an analyst for Futures International in Chicago, said in reference to the latest developments in U.S.-China trade talks. Reports on Wednesday morning said the two countries were close to

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