Grain Markets & Farming Articles - Manitoba Co-operator

CME pares back grain trading hours

By Tom Polansek March 29, 2013

CME Group Inc. said March 5 that it plans to pare its nearly non-stop trading cycle for grains and oilseeds to 17-1/2 hours per session after traders complained a move to extend activity had hurt liquidity. CME, owner of the Chicago Board of Trade, sought to shorten the trading day less than a year after

Cereals, Crops, Grain Markets, Oilseeds

Anxiety rises over possible Prairie seeding delays

By Phil Franz-Warkentin March 28, 2013

ICE Futures Canada canola contracts posted good gains during the week ended March 22, as solid end-user demand, the weaker Canadian dollar, a slowdown in farmer selling, bullish technical signals, ongoing concerns over tightening old-crop supplies, new concerns over possible planting delays this spring, and logistical issues moving soybeans out of South America all served

Cereals, Crops, Grain Markets, Oilseeds

U.S. corn plantings seen at highest since 1936

March 28, 2013

Reuters / U.S. farmers may plant 97.43 million acres of corn this year, up 0.3 per cent from last year, which would be the largest corn area since 1936, according to a Farm Futures magazine survey. The survey of 1,750 U.S. growers also showed farmers intend to plant a record 79.09 million acres of soybeans, up

Cereals, Crops, Grain Markets

Exchanges duke it out over Canadian wheat futures market

By Phil Franz-Warkentin March 28, 2013

After decades of marketing wheat through the Canadian Wheat Board’s single desk, the western Canadian grain sector is still working out the best way to hedge the commodity seven months into the new open market. Representatives of the CME Group, Minneapolis Grain Exchange (MGEX), and ICE Futures Canada were all on hand at the annual

Cereals, Grain Markets, International news, News

Egypt to spend $1.6 billion on local wheat purchases

March 28, 2013

cairo / reuters / Egypt’s government has allocated 11 billion pounds ($1.6 billion) to buy 4.5 million tonnes of wheat from local farmers this year, state media said March 24 as the most populous Arab country struggles to ensure supplies. Economic turmoil and a weakening local currency has made it harder for the government to

Grain Markets, International news, News

Black Sea 2013-14 grain exports to rebound

March 28, 2013

moscow/kiev / reuters The Black Sea region’s top three grain producers — Russia, Ukraine and Kazakhstan — will see output and potential export volumes restored in the 2013-14 marketing year with improved weather conditions benefiting crops. The three countries were hit by drought in 2012 which slashed their combined grain crop by one-third to 130

Crops, Grain Markets, International news

Egypt courts unrest by limiting subsidized bread

By Asma Al Sharif, Tom Perry March 28, 2013

Egypt plans to start rationing subsidized bread, taking a risky step to curb the budget deficit by restricting supplies of cheap loaves vital to the poor. The government will start rationing “after two months,” Supply Minister Bassem Ouda said. Trials of a rationing system using electronic smart cards will begin in the restive Suez Canal

Crops, Grain Markets

U.S. farm banks’ business is booming

By Christine Stebbins March 28, 2013

Reuters / U.S. agricultural banks boosted farm lending by about 14 per cent in 2012 to $81.8 billion, reflecting a strong farm economy despite drought-related stress in the livestock and dairy sectors, the American Bankers Association said on March 19. “The agricultural sector continues to outperform the broader national economy and, as a result, farm

Cereals, Crops, Grain Markets, Weather

The rains caused economic pain in England

By Nigel Hunt March 28, 2013

Wheat production will plummet while livestock producers are being hammered by the  sky-high cost of  imported feed

Reuters / Last year’s record rains will squeeze Britain’s farmers well into 2014 and force makers of bread and biofuels to buy more costly imports. Production of wheat is set to fall to its lowest level in more than a decade this summer, forcing purchases of bread-quality grain from Europe and North America. Livestock farmers

Crops, Grain Markets

Ethanol eyed for lowering U.S. surplus sugar mountain

By Charles Abbott March 28, 2013

Reuters / The U.S. government is readying a tool created during last decade’s biofuels craze — a never-used program to sell sugar at a loss to ethanol makers — as a way to whittle a looming sugar surplus down to an affordable size. The sugar-for-ethanol program could be a lower-cost way for the Agriculture Department

Daily Network News

New strategies needed for Canadian agriculture to stand out in global trade

Feed Grains Weekly: Cash prices for wheat, barley largely flat

The Canadian GMO mustard wars: Dijon vs canola

Grain Markets

CME pares back grain trading hours

Anxiety rises over possible Prairie seeding delays

U.S. corn plantings seen at highest since 1936

Exchanges duke it out over Canadian wheat futures market

Egypt to spend $1.6 billion on local wheat purchases

Black Sea 2013-14 grain exports to rebound

Egypt courts unrest by limiting subsidized bread

U.S. farm banks’ business is booming

The rains caused economic pain in England

Ethanol eyed for lowering U.S. surplus sugar mountain

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