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CBOT May 2022 wheat (candlesticks) with K.C. May 2022 wheat (orange line) and MGEX May 2022 wheat (dark green line). (Barchart)

U.S. grains: Wheat limit down as Ukraine conflict assessed

Corn off eight-month peak, soybeans off 9-1/2-year top

By GFM Network News, Karl Plume February 26, 2022

Chicago | Reuters — U.S. wheat futures tumbled on Friday in a profit-taking setback after peaking earlier at the highest level since mid-2008 as investors turned back to equities and traders assessed potential disruption to supplies from Russia’s invasion of Ukraine. Corn eased from Thursday’s eight-month peak, while soybeans slipped from a 9-1/2-year top in

A Ukrainian service member is seen atop of an armoured personal carrier in Kyiv on Feb. 25, 2022. (Photo: Reuters/Valentyn Ogirenko)

Crops, Markets

Grain exporters tap EU supplies as war shuts Ukraine ports

By GFM Network News, Gus Trompiz, Michael Hogan February 25, 2022

Hamburg/Paris | Reuters — Grain exporters are looking for alternative sources of wheat and corn as a Russian invasion cuts off Ukrainian supplies, with European Union producers Romania and France being used to cover some nearby loadings, traders said Friday. The conflict has rattled grain markets, with European wheat futures surging to a record high

Crops, Markets

Early USDA forecast points to record-large 2022 soybean crop

By GFM Network News, Marketsfarm February 25, 2022

MarketsFarm — Farmers in the U.S. could grow a record-large soybean crop in 2022, according to early predictions from the U.S. Department of Agriculture released at their annual Agricultural Outlook Forum (AOF) on Thursday. The government agency forecast soybean plantings in the country at 88 million acres, which would be up by 800,000 from the

CBOT May 2022 wheat (candlesticks) with 20- and 100-day moving averages (green and black lines) and K.C. May 2022 wheat (orange line). (Barchart)

Crops, Markets

U.S. grains: Wheat limit up after Russia invades Ukraine

Soyoil futures hit all-time high on vegoil supply concerns

By GFM Network News, Karl Plume February 25, 2022

Chicago | Reuters — U.S. wheat futures spiked by their daily trading limit on Thursday to their highest since mid-2012 and corn futures touched eight-month peaks after Russian forces attacked Ukraine, exacerbating worries over global grain supplies. Soyoil futures notched an all-time high on concerns about global vegetable oil supplies amid conflict in the major

A file photo of cargo ships and harbour cranes in the Ukrainian port of Kherson on the Dnieper River. (Ioanna_alexa/iStock/Getty Images)

Crops, Markets

Ukraine shuts ports as conflict threatens grain supplies

By GFM Network News, Polina Devitt February 24, 2022

Moscow/Kyiv | Reuters — Ukraine’s military has suspended commercial shipping at its ports after Russian forces invaded the country, an adviser to the Ukrainian president’s chief of staff said, stoking fear of supply disruption from leading grain and oilseeds exporters. Russia earlier ordered the Azov Sea closed to the movement of commercial vessels until further

An ammonia and nitrogen fertilizer plant in Russia. (Saoirse_2010/iStock/Getty Images)

Crops, Markets

Vilsack hopes fertilizer firms don’t take advantage of Ukraine crisis

By GFM Network News, Reuters February 24, 2022

Washington | Reuters — U.S. Agriculture Secretary Tom Vilsack said Thursday he hoped fertilizer and agriculture supply companies affected by the Russian invasion of Ukraine would not take unfair advantage of the situation, amid already-high fertilizer and crop prices. Fertilizer costs have soared due to rising demand and lower supply as record natural gas and

CBOT May 2022 wheat (candlesticks) with K.C. May 2022 wheat (yellow O/H/L/C) and MGEX May 2022 wheat (orange O/H/L/C). (Barchart)

Crops, Markets

U.S. grains: Wheat, soybeans touch nine-year peaks

Concerns about disrupted Black Sea region exports lift markets

By GFM Network News, Karl Plume February 23, 2022

Chicago | Reuters — U.S. wheat futures climbed to a more than nine-year peak on Wednesday and corn notched a fresh eight-month high as escalating Russia-Ukraine tensions threatened to disrupt supplies from the key Black Sea grain-exporting region. Soybean futures rallied to a 9-1/2 year peak as the conflict also put Black Sea sunflower oil

Crops, Markets

Adjustments minor in latest AAFC crop balance sheets

By GFM Network News, Phil Franz-Warkentin February 19, 2022

MarketsFarm — Only minor adjustments to the old- and new-crop balance sheets were reported by Agriculture and Agri-Food Canada in their February supply/demand report, released Friday. New-crop production estimates were left unchanged for all of the major grains, oilseeds and pulses, with a return to average yields across the Prairies expected to lead to increased

Markets

China blocks Lithuanian beef, dairy, beer as Taiwan row grows

Canada seeks to join EU trade case against China

By Dominique Patton, GFM Network News February 11, 2022

Beijing/Vilnius | Reuters — China suspended imports of beef, dairy and beer from Lithuania this week, Lithuania’s veterinary control agency said on Thursday, amid a growing trade dispute over the Baltic nation’s relations with Taiwan. China’s General Administration of Customs had informed the country it was halting the exports due to “lack of documentation,” the

Livestock

High-path H5N1 avian flu hits Nova Scotia turkey farm

Trade curbs in place; U.S. also has an outbreak in Indiana

By Dave Bedard, GFM Network News February 10, 2022

Updated, Feb. 10 — Highly pathogenic avian flu has again landed in domestic birds in Atlantic Canada — but this time on a commercial turkey farm, leading other countries to halt imports from Canada’s feather sectors for now. The Canadian Food Inspection Agency last week filed a report with the World Organization for Animal Health

Daily Network News

Striking JBS workers to return to Colorado plant on promise of talks

Canadian finance minister talks supply chain integrity, pork tariffs with Chinese vice premier

New strategies needed for Canadian agriculture to stand out in global trade

Tag Archives exports

U.S. grains: Wheat limit down as Ukraine conflict assessed

Grain exporters tap EU supplies as war shuts Ukraine ports

Early USDA forecast points to record-large 2022 soybean crop

U.S. grains: Wheat limit up after Russia invades Ukraine

Ukraine shuts ports as conflict threatens grain supplies

Vilsack hopes fertilizer firms don’t take advantage of Ukraine crisis

U.S. grains: Wheat, soybeans touch nine-year peaks

Adjustments minor in latest AAFC crop balance sheets

China blocks Lithuanian beef, dairy, beer as Taiwan row grows

High-path H5N1 avian flu hits Nova Scotia turkey farm

AgCanadaTV

AgCanadaTV Special Feature: Crop pest insects to watch out for in 2026

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