Traders keep canola prices above the $500 support mark

Traders keep canola prices above the $500 support mark

Drought in the U.S. spring wheat area continues 
as the main feature of the wheat market

ICE Futures Canada canola contracts chopped around for the week ended July 21, torn between conflicting weather issues, before finally ending relatively unchanged. Early in the week, ideas took hold that canola fields in some parts of Saskatchewan and Alberta had likely suffered irreversible damage due to the heat stress suffered in late June and


(Syngenta.com)

China approves two more GMO crops for import

Beijing | Reuters — China has approved two more genetically modified (GMO) crops for import, the Ministry of Agriculture said, the second such move in the past month to expand access to biotech seeds as part of Beijing’s 100-day trade talks with Washington. The two new crops, approved from July 16 for a period of

(Syngenta.com)

Syngenta ordered to pay Kansas farmers in GM corn case

Reuters — A U.S. jury on Friday ordered Syngenta to pay US$217.7 million to more than 7,000 Kansas farmers over its decision to commercialize a genetically modified strain of corn before China approved importing it. The verdict by a federal jury in Kansas City, Kansas, was announced by lawyers for the farmers, who blamed the


corn plants

Is the corn market ready to rally on U.S. weather worries?

A cold, wet spring is giving way to what looks like a hot and dry summer

Corn futures prices have remained stubbornly low for the past three months despite heavy rain and cold weather complicating planting and early crop development. But the tide may be shifting as the summer is beginning under a warmer and drier regime. Driven partially by mounting U.S. weather concerns, July corn on June 7 broke above

seeding canola

Seeding pressures run up against low canola stocks

Wet weather also helps support Minneapolis wheat

Canola contracts on the ICE Futures Canada platform were chopping around for much of the week ended May 26, buffeted by weather issues and downward action in soy. Wet weather in Alberta and parts of Saskatchewan has created a soggy mess for many producers trying to get onto their fields. Some haven’t started seeding canola