Drought Starting To Cut European Wheat Yields

Concern is growing that dryness is now damaging wheat in the European Union’s top producers France, Germany and Britain but late rain could still save the crops, analysts said on Tuesday. Some yield damage may have occurred in top EU wheat producer France, where harvest forecasts are being scaled back. In No. 2 producer Germany,



Canola Industry’s Eyes On Calendar

Canola futures on the ICE Futures Canada trading platform suffered declines during the week ended April 29. Outright liquidation by speculative and commodity fund accounts fuelled the downward price slide. The losses were exaggerated by the triggering of sell-stop orders on the way down. Losses in CBOT (Chicago Board of Trade) soyoil and new-crop CBOT

PotashCorp Profit Lifted By Surging Grain Prices

PotashCorp, the world’s largest fertilizer maker, reported a higher quarterly profit that topped expectations April 28, as soaring grain prices boosted demand and prices for crop nutrients. The Saskatoon-based company also raised its full-year earnings forecast, as it expects tight global grain inventories, coupled with strong returns on crops, to spur strong demand for potash,


Summerfallow Acres Expected To Shrink

Canola futures on the ICE Futures Canada trading platform regained ground during the holiday-shortened week ending April 21. Much of the upturn in values reflected the advances experienced by CBOT (Chicago Board of Trade) soybean and soyoil prices. Concerns about the weather in Western Canada and its impact on seeding operations also influenced some of

Risk-Averse Investors Ignore Weather Signals

Old-crop canola con-t racts on the ICE Futures Canada trading platform took it on the chin during the week ended April 15, suffering larger losses than the new-crop months. The complete lack of buying interest resulted in the nearby May and July canola futures suffering some significant declines. Steady elevator company hedge selling, prompted by


EU Wheat Crying For Rain

HAMBURG/REUTERS Wheat plants in top three European Union producers France, Germany and the U.K. face an increased danger of damage from a long spell of dry weather in all three countries, analysts said April 19. “While millions of people will be hoping for a hot, sunny Easter holiday this weekend, tens of thousands of farmers

Waters Remain Muddied For Seeding Predictions

Canola futures on the ICE Futures Canada trading platform were mixed during the week ended April 8, with old-crop months down and new-crop contracts posting advances. The sell-off of the nearby May and July canola futures reflected the ample old-crop supply situation and the absence of demand from the domestic and export sectors. Talk surfaced


Western Barley Sees Actual Trading

Canola contracts on the ICE Futures Canada platform moved higher during the week ended April 1, taking their cue from the rally in the U.S. soybean and corn markets. Activity was range-bound and choppy for the first half of the week, as participants squared their positions ahead of two widely anticipated U.S. Department of Agriculture

Corn To Meet Or Exceed 2008 Record Price

KANSAS CITY, MO./REUTERS Corn futures rallied April 3, matching the record-high price set during the 2008 global food crisis and extending sharp gains posted the previous week due to very tight supplies. Futures added over three per cent to a rally that began on March 31 when the U.S. Department of Agriculture pegged quarterly corn