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Ukraine sees 2022 winter wheat-sowing area at 6.68 million hectares

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Ukrainian farmers have begun sowing winter grain for the 2022 harvest and the area under winter wheat could rise significantly, the Agriculture Ministry said on Tuesday. A total of 7.8 million hectares of winter grains, including 6.68 million hectares of winter wheat, are expected to be sown, it said. The farmers had sown the first
Currency markets

Canadian dollar and business outlook

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By MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – The Canadian dollar was slightly firmer Tuesday morning, seeing a modest recovery after Monday’s declines as investors reacted to the outcome of the federal election. At 8:55 a.m. CDT Tuesday morning, the Canadian dollar was at US$0.7817 or US$1=C$1.2793 which compares with Monday’s North American close of US$0.7795
Global markets

Global Markets: Liberals re-elected to minority government

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WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Justin Trudeau will remain Prime Minister of Canada as his Liberal Party was elected to a third straight term and second consecutive minority government on Monday. The election, which was controversially called by Trudeau in an attempt to
Futures markets

ICE Canada Morning Comment: Canola prices mixed

Good harvesting weather

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By Glen Hallick, MarketsFarm WINNIPEG, Sept. 21 (MarketsFarm) – Intercontinental Exchange (ICE) canola futures were narrowly mixed on Tuesday morning, as small gains in the Chicago soy complex provided little direction. There are more significant increases in European rapeseed, but Malaysian palm oil slipped back a little. Following overnight frosts in parts of the Prairies,
CME October 2021 live cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, brown and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle end mixed, hogs lower

Futures under pressure as equity markets slump

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended mixed on Monday as late-session bargain buying only partly offset pressure from adequate cattle supplies and global economic concerns that threatened to blunt demand for beef. “The cattle market can’t seem to catch a break. Boxed beef has been trending down and there are
An information label is seen on packaging for a CO2 cylinder for a fizzy drinks machine in Manchester, Britain on Sept. 20, 2021. (Photo: Reuters)/Phil Noble)
Livestock, Markets, Other

U.K. meat industry warns of threat to supplies from CO2 crisis

CO2 shortage is caused by closure of fertilizer plants

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London | Reuters — Some of Britain’s meat processors will run out of carbon dioxide (CO2) within five days, forcing them to halt production and impacting supplies to food retailers, the head of the industry’s lobby group warned on Monday. A jump in gas prices has forced several domestic energy suppliers out of business and
CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn, soybeans slump with harvest pressure, equities, oil

Favourable weather boosting U.S. corn, soy harvests

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Chicago | Reuters — U.S. corn and soybean futures retreated on Monday as harvesting accelerated across the Midwest farm belt and sinking energy and equities prices weighed on market sentiment. Benchmark November soybean futures touched their lowest point in nearly three months, while December corn fell for a third straight session and hit a one-week

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