Crops & Farming Articles - Manitoba Co-operator

CBOT May 2019 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans firm on trade hopes

By GFM Network News, Karl Plume February 25, 2019

Chicago | Reuters — U.S. soybean futures climbed to a 2-1/2-week high on Monday on hopes for a trade agreement between Washington and Beijing and after China vowed late last week to make additional U.S. soybean purchases. Wheat futures plunged around four per cent to fresh contract lows on technical selling and concerns about stiff

A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)

Crops, Markets

Canola exports still sluggish, but grains solid

By GFM Network News, Phil Franz-Warkentin February 22, 2019

Canadian canola exports continue to lag behind the year-ago pace, with large supplies in the commercial pipeline, according to the latest weekly data from the Canadian Grain Commission. Canada only exported 69,900 tonnes of canola during the week ended Sunday, well below the 205,500 tonnes that moved the previous week. Total canola exports during the

CBOT March 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

U.S. grains: Crop prices seesaw as traders eye China talks

By GFM Network News, Tom Polansek February 22, 2019

Chicago | Reuters — U.S. grain and soy futures seesawed on Friday as traders waited for signs that Washington and Beijing were making progress toward a trade agreement that could boost Chinese imports of U.S. crops. After the close of trading, U.S. Agriculture Secretary Sonny Perdue said on Twitter that China, in a meeting at

Crops

Richardson buys Peace-region input retailer

By GFM Network News, Gfm Staff February 21, 2019

Grain handler Richardson Pioneer has moved to shore up its presence in northern Alberta’s crop input market with a deal for a Peace-region dealership. Winnipeg-based Richardson announced Wednesday it has bought Agland Seed and Chemical at La Crete, Alta., about 320 km north of Peace River. The deal, which closed Tuesday, will see all of

Crops, Markets

Baltic Dry Index near 2-1/2-year lows

By GFM Network News, Phil Franz-Warkentin February 21, 2019

The Baltic Dry Index (BDI) has dropped sharply over the past two months, as declining global demand for commodities — especially from China — weighed on the economic indicator. The BDI, compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. The BDI

(Merschman Seeds video screengrab via YouTube)

Crops

Corteva wins final OK for global launch of Enlist E3 soy

By GFM Network News, Tom Polansek February 21, 2019

Chicago | Reuters — DowDuPont has won the final international regulatory approval needed, from the Philippines, for a global launch of a new line of genetically engineered soybeans, the company said on Thursday. The approval means seed companies can sell the soybeans, named Enlist E3, to farmers for planting as early as this spring without

Crops, Markets

Feed weekly outlook: Low ending stocks supportive

By GFM Network News, Glen Hallick - MarketsFarm February 21, 2019

With some of the lowest ending stocks in more than a generation, feed grain prices are doing quite well in Western Canada, said Ed Baldwin of AgChieve Grain Marketing in Winnipeg. Baldwin, AgChieve’s manager of advisory services, said Canada has its lowest ending stocks for feed grains in the last 35 years. On the world

CBOT May 2019 wheat with Bollinger (20,2) bands. (Barchart)

Crops, Markets

U.S. grains: Wheat rebounds from seven-month low

By GFM Network News, P.J. Huffstutter February 21, 2019

Chicago | Reuters — Chicago wheat futures rebounded on Thursday after a four-day slide, while the grains market overall steadied as U.S. and China trade negotiators sketched an outline for what could be a deal to end the trade war. Thursday’s technical bounce in wheat was encouraged by optimism over the trade negotiations, which also

Crops

DowDuPont’s Corteva arm buys Clearfield canola system

By GFM Network News, Gfm Staff February 20, 2019

On the market since last summer, BASF’s herbicide-tolerant, non-GMO Clearfield canola business in Canada and the U.S. has landed at the door of Corteva Agriscience. Corteva, the merged seed and chemical business of Dow and DuPont, announced Wednesday it has closed a deal to buy the Clearfield system, including its herbicide-tolerant canola trait and related

ICE May 2019 canola with 20- and 50-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Oversold canola still fundamentally bearish

By GFM Network News, Phil Franz-Warkentin February 20, 2019

ICE canola futures are starting to look oversold after falling contract lows during the week ended Wednesday. While a short-term technical correction is possible, the underlying fundamentals remain bearish. “Canola might be a little bit short-term oversold,” said Ken Ball of PI Financial in Winnipeg. Signs that exports were perking up could also be supportive,

Daily Network News

McCormick bets on flavor in $65 billion Unilever merger

Prairie Wheat Weekly: Good increases for wheat, while durum nudges up

Prairie forecast: Cooler than average temperatures expected to continue

Crops

U.S. grains: Soybeans firm on trade hopes

Canola exports still sluggish, but grains solid

U.S. grains: Crop prices seesaw as traders eye China talks

Richardson buys Peace-region input retailer

Baltic Dry Index near 2-1/2-year lows

Corteva wins final OK for global launch of Enlist E3 soy

Feed weekly outlook: Low ending stocks supportive

U.S. grains: Wheat rebounds from seven-month low

DowDuPont’s Corteva arm buys Clearfield canola system

ICE weekly outlook: Oversold canola still fundamentally bearish

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