CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat futures drop sharply

Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures sagged 1.8 per cent on Tuesday, the biggest percentage loss for the most-active contract in two months, on a round of profit-taking and technical selling, traders said. U.S. corn futures closed narrowly mixed, with nearby contracts weighed down by the drop in


Farmers have enough challenges on their hands this season without the added stress 
of higher costs due to the carbon tax, producer groups say.

Farm groups say ‘Harvest from Hell’ underlines need for carbon tax relief

Fuels used for this operation have not been exempted from the federal carbon tax

Farm groups have fired off urgent appeals for government financial help for producers struggling with a weather-disrupted harvest made worse by the imposition of the federal carbon tax on fuel used to dry grain. Grain Farmers of Ontario and a coalition of Alberta commodity groups sent their requests directly to Prime Minister Justin Trudeau because

(Medioimages/Photodisc/Getty Images)

CBOT weekly outlook: Impeachment process stifles markets

MarketsFarm — U.S. President Donald Trump’s impeachment hearings have dominated headlines and stalled progress in numerous trade developments, leaving the Chicago Board of Trade (CBOT) starved of meaningful news. The Canada-U.S.-Mexico Agreement (CUSMA) has yet to be ratified by the U.S. House of Representatives. The trade pact, meant to replace the North American Free Trade








(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prolonged Prairie harvest pushes up grain prices

MarketsFarm — A seemingly never-ending harvest across the Prairies has been responsible for a $10-$15 per tonne jump this month in feed grain prices, said Glen Loyns, general manager of JGL Commodities in Moose Jaw. “It’s probably gone up $5 this week,” Loyns said. This year’s extended harvest, coupled with large amounts of grain to