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Canola traders are fixed on forecasts for a record crop
Grain Markets, Markets

Canola traders are fixed on forecasts for a record crop

Minneapolis wheat suggests protein will be in short supply

ICE Futures Canada canola contracts trended higher for the past two weeks, despite seasonal harvest pressure, although the bigger picture remains sideways and rangebound. The November contract briefly traded above the 200-day moving average of $497 per tonne on Sept. 22, on the back of some fund buying triggered by a rally in Chicago soybeans.
Argentine wheat seedings slowed by rain
Cereals, Crops, Weather

Argentine wheat seedings slowed by rain

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CNS Canada – Argentina’s hope for a near-record wheat crop have been dampened by excessive rain and below-average seedings. With planting nearly complete, the United States Department of Agriculture office in Buenos Aires has estimated the Argentine wheat crop at 12.8 million acres. That falls about one million acres below the official USDA forecast of
(JBSS.infoinvest.com.br)
Beef cattle, Livestock

Brazil blocks JBS deal, seeks asset freeze

By
Brasilia | Reuters — A Brazilian judge has blocked JBS SA’s planned sale of a South American unit while the attorney general’s office urged the company’s assets be frozen, in signs of fallout from a corruption probe involving the controlling shareholders of the world’s No. 1 meatpacker. Federal Judge Ricardo Leite blocked JBS’s US$300 million sale
(JBSs.infoinvest.com.br)
Livestock

JBS sells LatAm units to Minerva

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Sao Paulo | Reuters — JBS SA has agreed to sell plants in Argentina, Paraguay and Uruguay to rival Minerva SA for US$300 million, as the world’s largest meatpacker seeks cash to weather a corruption scandal that caused a spike in funding costs. JBS will use proceeds from the transaction to cut debt, according to
Soybeans are starting to grow quickly outside the traditional production zone in the Red River Valley and the most recent StatsCan report reflects this.
Cereals, Crops, Oilseeds

StatsCan sees higher corn and soy acres in Manitoba

Statistics Canada’s seeding intentions report confirms, weather willing, 
there could be a 36 per cent jump in soy acres

By
Get ready to see more soybeans zipping by your truck window during trips to town this summer. According to Statistics Canada’s first Principal Field Crops report of the season, which looks at seeding intentions for the coming season, Manitoba’s soybean acres are expected to jump 34.6 per cent in 2017. Of the seven million soybean
(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soybeans rebound on Argentina rains

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Chicago | Reuters — U.S. soybeans rebounded on Wednesday from multi-month lows sparked a day earlier by fears of harvest delays in Argentina, while China’s return to the market after a holiday helped boost prices, analysts said. Corn and wheat followed the strength in soybeans, but rising stockpiles of corn-based ethanol pressured corn futures at
(Photo courtesy United Soybean Board)
Crops, Markets

U.S. grains: Crop prospects drag on soybeans

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Chicago | Reuters — U.S. soybean futures weakened on Wednesday, with prospects for bumper harvests in South America and record U.S. plantings weighing on the beaten-down market, traders said. Corn and wheat futures also closed in negative territory. Both grains have fallen for three days in a row. The outlook for rain in the U.S.

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AgCanadaTV: In case you missed it; your national ag news recap for March 27, 2026

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