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CBOT weekly outlook: Markets prepare for Laura
Crops, Markets, Weather

CBOT weekly outlook: Markets prepare for Laura

Hurricane approaching U.S. Gulf Coast

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MarketsFarm — Hurricane Laura, currently a Category 3 hurricane, is expected to hit the U.S. Gulf Coast late Wednesday or early Thursday but the Chicago Board of Trade is already feeling its effects. “It’s going to bring widespread rain and flooding to the Delta region, where unharvested rice, corn and soybean crops may feel a
A general view of damage at the site of Tuesday’s blast in Beirut’s port area on Aug. 5, 2020. (Photo: Reuters/Mohamed Azakir)
Crops, Markets

Kuwait to rebuild Beirut port grain silo after blast

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Beirut | Reuters — Kuwait said it will rebuild Lebanon’s only large grain silo that was destroyed by the massive Beirut port explosion, raising fears of food shortages in a country already in financial meltdown. The destruction of the 120,000-tonne capacity structure at the port, the main entry point for food imports, meant buyers must
A vessel loading at Parrish and Heimbecker’s Goderich, Ont. grain terminal. (Photo courtesy P+H)
Crops

P+H reworks Lake Huron grain terminal for larger boats

Dust control also added at Goderich site

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Grain and agrifood firm Parrish and Heimbecker has built out the mooring structures at its Lake Huron grain terminal to allow “all configurations” of boats to load and unload there. The Winnipeg company announced Friday it has completed a new mooring dolphin at its terminal at Goderich, Ont., as well as a new vessel-loading spout
A general view of damage at the site of Tuesday’s blast in Beirut’s port area on Aug. 5, 2020. (Photo: Reuters/Mohamed Azakir)
Crops, Other

Missing Beirut silo worker’s family clings to hope

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Beirut | Reuters — Before he went missing on Aug. 4, Ghassan Hasrouty, an employee of Beirut’s giant grain silos for 38 years, thought he was working in the safest place in the city. The reinforced concrete walls and underground rooms were his shelter for many days during Lebanon’s 1975-1990 civil war. He used to
A general view of damage at the site of Tuesday’s blast in Beirut’s port area on Aug. 5, 2020. (Photo: Reuters/Mohamed Azakir)
Crops

After blast, Lebanon has less than a month’s grain reserves

Beirut port silos had capacity for 120,000 tonnes; about 15,000 tonnes were stored at time of blast

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Beirut/Dubai | Reuters — Lebanon’s main grain silo at Beirut port was destroyed in a blast, leaving the nation with less than a month’s reserves of the grain but enough flour to avoid a crisis, the economy minister said on Wednesday. Raoul Nehme told Reuters a day after Tuesday’s devastating explosion that Lebanon needed reserves
Smoke rises from the site of an explosion in Beirut’s port area on Aug. 4, 2020. (Photo: Reuters/Mohamed Azakir)
Crops

Wheat in Beirut’s port granaries not usable

Lebanon will import wheat, economy minister says

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Cairo | Reuters — Lebanon’s economy minister, Raoul Nehme, told local media on Tuesday that the wheat in Beirut’s port granaries cannot be used and that the ministry lost track of seven employees in the granaries. The minister also told local media that Lebanon will import wheat and added that the country currently has enough
Firefighters training for a grain rescue. (Casa-acsa.ca)
Crops, Other

Donation offers up more equipment for grain emergencies

Fire departments first must complete CASA training course

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Corteva AgriScience Canada is donating equipment that’s expected to help fire departments across the country save farmers’ lives. The company’s funding will purchase GSI RES-Q-TUBE and Haul-ALL pencil augers for eligible fire departments that have taken part in BeGrainSafe training put on by the Canadian Agricultural Safety Association (CASA). The GSI RES-Q-TUBE is a rescue

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