Canola, soy poised to become ‘weather’ markets

The U.S. avian flu outbreak could cut feed demand

The ICE Futures Canada canola market had an up-and-down week, with very quiet activity some days. Overall, prices were down compared to the week prior due to weakness in outside oilseed markets. Strength seen in the Canadian currency earlier in the week was also a bearish force for canola, though it started to lose some





Argentina creates grains stimulus fund in election year

Buenos Aires | Reuters –– Argentina will create a 2.5 billion-peso (C$360 million) stimulus fund for small and medium-scale grains producers which will be funded by existing taxes on the exports of large farms, Economy Minister Axel Kicillof said on Monday. Kicillof said small-scale farmers of soy, wheat, and corn had struggled with a 30

Argentina says ‘worried’ about flooded soy fields

Buenos Aires | Reuters — Flooding in some of the soy-growing areas of Cordoba, Entre Rios and Santa Fe provinces has become “worrying” to the government as farmers get ready to start harvesting the 2014-15 crop, the agriculture ministry said in its weekly report on Friday. The northern part of the Pampas grains belt has


Floods in Argentina expected to cause soy crop losses

Buenos Aires | Reuters –– Some of Argentina’s northern soy-growing areas were flooded by heavy rains in the past week, the Buenos Aires Grains Exchange said Thursday, warning that it may lower its 57 million-tonne 2014-15 harvest forecast in the coming weeks. The country is the world’s No. 3 soybean exporter and top supplier of