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Crops, International news, News, Oilseeds

Impact of downed Brazil grains loader looms

Sao Paulo / Reuters/ A ship that collided with the main grain terminal at Brazil’s Santos Port could reduce corn and soybean exports from the South American country. There are fears that if repairs at the Guaruja Grain Terminal at Santos drag on into March, Brazil exports will fall far enough to push up world
Crops, News, Pulses

BASF asks growers for three-year commitment on lentils

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In a revamp it says will simplify the process for Prairie farmers, BASF Canada has moved to a three-year “Clearfield commitment” producers will need to sign to grow Clearfield lentils starting this year. The new commitment, announced Jan. 26, essentially requires a grower wanting to seed Clearfield lentils to complete and sign a Clearfield commitment
Crops, News, Oilseeds

China eyes even more U.S. soy

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China, the world’s biggest food shopper, is likely to buy more U.S. soybeans this quarter, as a withering drought is expected to cut the South American harvest, pushing soy prices up to fresh highs. Benchmark Chicago soy has risen for three weeks on the relentless Southern Hemisphere summer, and analysts say prices could head higher,
News, Oilseeds

China Tops Canada As Top U.S. Farm Export Market

brief washington /reuters China, the world s largest importer of cotton and soybeans, has topped Canada to become the No. 1 market for U.S. farm exports for the first time, the Agriculture Department said Nov. 10. U.S. exporters sold $20 billion in agricultural products to China during the fiscal year that ended on Sept. 30,
Cereals, Grain Markets, Oilseeds

Chicago Soybeans Put Pressure On Winnipeg Canola

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column Canola futures on the ICE Futures Canada trading platform lost ground during the week ended Nov. 11. Much of the price weakness was associated with the downward price action experienced in the CBOT (Chicago Board of Trade) soybean complex and with the unsettled ongoing macroeconomic picture. Keeping a firm floor under canola was steady
Crops, Oilseeds

Brazil Claims Soybean Export Crown

CHICAGO / SAO PAULO / REUTERS Brazil will wrest the mantle of the wor ld s top soybean exporter from the United States in the coming year, in the latest sign of America s slowly diminishing role in global food trade. Just months after data showed the United States would supply less than half of
Cereals, Grain Markets, Oilseeds

Canola Trade Bullish Despite Big Forecast

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Canola futures on the ICE Futures Canada trading platform posted some modest advances during the week ended Aug. 26 despite the fact that a crop production survey from Statistics Canada estimated output of the crop at a record-size level. The government agency’s survey for the period ended July 31 said canola production in Canada during
Cereals, Grain Markets, Oilseeds

Weather Concerns Drive Markets

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Canola futures on the ICE Canada trading platform continued their upward trek during the week ended July 15 with weather concerns and a pickup in demand assisting the price gains. Some of the weather concerns were linked to the Canadian Prairies and differing opinions on the condition of the canola crop in each of the
Crops, Oilseeds

Brazil Brings Farming Muscle To Corn And Cotton

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After transforming global agriculture by quintupling their soybean production since 1980, Brazilian farmers are now on the brink of crop breakthroughs in cotton and corn, long dominated by growers in America. Helped by high futures prices and a sustained local agricultural boom, cotton and corn acreage is spreading fast, despite being twice as capital intensive
Crops, Oilseeds

South America To Grow More Soybeans

Farmers in Brazil and Argentina are likely to strongly expand soybean sowings for the 2012 harvest as global soy demand grows, Hamburgbased oilseeds analystsOil Worldsaid June 21. Brazil’s soybean sowings for harvesting in early 2012 are likely to be increased by about one million hectares on the year to 25.2 million hectares, continuing recent expansion

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