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Grain Markets, Oilseeds

Commodity Price Pressure Made In China

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Canola futures on the ICE Futures Canada trading platform suffered some price weakness during the week ended Nov. 19, but were well off the lows established. The continued liquidation of long positions by nervous speculative fund account holders generated the declines. That selling was again inspired by a knee-jerk reaction to news that the Chinese
Cereals, News

World Farming To Get Climate Adaptation Aid

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Development agencies worldwide are joining forces to spend $200 million in a 10-year program to help the agriculture sector prepare for climate change and cut greenhouse gas emissions, farm research groups said Nov. 17. The funding will go to research on how to feed a growing, more affluent world population in the face of expectations
Crops, Oilseeds

A New Seed Selection App

Monsanto Canada is launching a new mobile app under its Genuity brand in time for the 2011 seed selection season. The Genuity Seed Selector App features information on Genuity brand canola, corn and soybean products available through seed partner companies including Genuity Roundup Ready 2 Yield soybeans, Genuity Roundup Ready canola and Genuity SmartStax(TM) corn,
Cereals, Crops, News

Ethanol Plants Accepting More Wheat

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Western Canadian wheat producers have seen an increase in demand from ethanol plants, thanks to more feed wheat in the commercial system. Jake Davidson, executive manager of Winter Cereals Canada in Minnedosa, said ethanol plants have been much more willing to take wheat this year. “I’m seeing an increase in usage in Manitoba,” Davidson said.
Cereals, Crops, News

Australia Wheat Quality Hit By Rain, Harvest Slows

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Australia’s wheat harvest is being slowed by continuing rain across eastern states, raising concerns over crop quality in one of the world’s top exporters of the grain. Harvesting is already running up to three weeks behind normal in parts of eastern Australia. “The issue is when will the rain stop so the harvest can fire
Cereals, Crops, News

Russia Needs 80-Million-Tonne Crop

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Russia will need to reap at least 80 million tonnes of grain in the 2011-12 crop year to cover domestic needs, Arkday Zlochevsky, president of powerful grain lobby the Russian Grain Union, said Nov. 18. Russia, formerly the world’s third-largest wheat exporter, was hit by its worst drought in over a century this summer. As
Grain Markets, Oilseeds

China’s Tight-Money Policy Drags Down Commodities

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Canola futures on the ICE Futures Canada trading platform maintained an upward price trend for much of the week before the Chinese government’s decision to keep a tight monetary policy sent world currencies into a frenzy and sparked a massive speculative sell-off of commodity positions. The speculative liquidation essentially sent CBOT (Chicago Board of Trade)
Crops

How High Will Corn Prices Go Before Usage Is Rationed?

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The national average corn yield was the main focus of cash and futures market traders in the Oct. 8, 2010, World Agricultural Supply and Demand Estimates (WASDE) report. Many market analysts consider this report a “game changer.” The resulting price rally in crop markets has people beginning to ask if this could be a repeat
Crops

Good Corn Yields And Quality

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Manitoba corn yields and quality are believed to be higher than average this year, in part because of better weather, but also because of improved varieties. And the quest for even better corn hybrids for Manitoba is getting a boost from a new research project involving corn growers in Manitoba, Ontario, Quebec and Atlantic Canada

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