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File photo of a steak sandwich with chimichurri sauce at a street food market in Buenos Aires. (Aleksandr_Vorobev/iStock/Getty Images)

Tensions build over Argentina’s beef export ban

Rural associations pledge pause in livestock trading

By GFM Network News, Nicolas Misculin May 19, 2021

Buenos Aires | Reuters — Argentine farm groups will halt trading of livestock in protest against a 30-day government ban on beef exports aimed at bringing down domestic prices, the country’s main producer groups said in a joint statement Tuesday. The South American country’s centre-left Peronist government unveiled the ’emergency measure’ to tamp down high

CBOT July 2021 corn (blue high/low/close) and CBOT July 2021 wheat (red HLC). (Barchart)

Crops, Markets

Feed weekly outlook: Falling futures suggest first cracks in lofty market

By GFM Network News, Phil Franz-Warkentin May 13, 2021

MarketsFarm — A sharp drop in corn and wheat futures prices at the Chicago Board of Trade over the past week could be the sign of the first cracks in the western Canadian feed grain market. That said, tight supplies and uncertainty over new-crop grain production remain supportive. “With the move on the futures market

ICE November 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

ICE weekly outlook: Rain needed to bolster canola crop

By GFM Network News, Glen Hallick - MarketsFarm May 12, 2021

MarketsFarm | Rain — specifically, the lack thereof — is quickly becoming the key issue for canola values, according to Ken Ball of PI Financial in Winnipeg. Until now, dry conditions across much of the Prairies have not been much a factor in canola prices, he said. “We’ve got to get some rain in a

Chickpeas. (Grigorenko/iStock/Getty Images Plus)

Crops, Markets, Pulses

Pulse weekly outlook: Chickpea acres ‘sharply’ down

By Adam Peleshaty, GFM Network News May 12, 2021

MarketsFarm — Despite prices higher than last year’s, Canada’s chickpea acres are expected to decline this year and, in turn, will result in less production in the 2021-22 crop year. High-delivered bids for Kabuli chickpeas, the type most commonly grown in Canada, run from 25 to 35 cents/lb., three to seven cents higher than last

CBOT July 2021 corn with Bollinger (20,2) bands. (Barchart)

Crops, Markets

U.S. grains: Soy futures top $16 for first time since 2012

Chicago corn, wheat also end higher

By GFM Network News, Julie Ingwersen May 11, 2021

Chicago | Reuters — Benchmark U.S. soybean futures jumped above US$16 a bushel on Tuesday for the first time since 2012 as traders focused on tightening feed grain supplies and dry weather in Brazil’s corn belt, traders said. Corn and wheat futures also posted sharp gains, with nearby contracts leading the way up. A weaker

CBOT July 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, dark green lines). (Barchart)

Crops, Markets

U.S. grains: Corn, soy, wheat dip ahead of WASDE

Market eyes U.S. supply-demand reports for price direction

By Christopher Walljasper, GFM Network News May 10, 2021

Chicago | Reuters — Chicago corn futures fell on Monday, pausing after rallying to eight-year highs last week, with traders focusing on the U.S. Department of Agriculture’s upcoming world supply-demand (WASDE) report for new price direction. Wheat dipped, supported by beneficial rains across the U.S. Great Plains, while soybeans traded mixed on continued tight supplies.

Crops, Markets

Feed weekly outlook: Drought, demand deplete southern Alberta stocks

By Adam Peleshaty, GFM Network News May 7, 2021

MarketsFarm — Prices for feed grains are continuing to go up — and with depleted stocks and dry conditions forecast for the Prairies, they are likely to rise a bit more. “There’s a shortage of corn. Corn’s at over $400 (per tonne) in southern Alberta. You’ve got barley that’s pushing over $340-$350 and that’s a

ICE July 2021 canola (candlesticks) with Bollinger (20,2) bands and November 2021 canola (black line). (Barchart)

Crops, Markets

ICE weekly outlook: Canola’s uptrend intact for now

By GFM Network News, Phil Franz-Warkentin May 6, 2021

MarketsFarm — The ICE Futures canola market continued its months-long upward trajectory during the week ended Wednesday, hitting fresh contract highs in many months as tight old-crop supplies and weather uncertainty for the new crop kept speculators on the buy side. While selling was starting to come forward to temper gains in the new-crop months,

Nutrien’s potash mine at Lanigan, Sask., about 100 km southeast of Saskatoon. (Nutrien.com)

Crops

New Nutrien CEO to carry out current strategy

Schmidt to focus on potash price over boosting sales

By GFM Network News, Rod Nickel May 5, 2021

Winnipeg | Reuters — Canadian fertilizer and farm dealer Nutrien will continue its existing business strategy, including a focus on supporting global potash prices over maximizing sales, new CEO Mayo Schmidt said Tuesday. Surging prices of corn, soybeans and canola have given North American farmers more incentive to spend on fertilizer, lifting crop nutrient prices

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (light yellow, dark yellow, dark green lines). (Barchart)

Crops, Markets

ICE weekly outlook: Challenging crop year ahead for canola

By GFM Network News, Glen Hallick - MarketsFarm April 28, 2021

MarketsFarm — With declines in canola following Statistics Canada’s bullish-leaning projections for acres, it’s becoming more difficult to determine which way prices will trend in coming weeks and months. “Where are prices going to go? In any given year that’s challenging, especially in this year,” said David Derwin, analyst for PI Financial in Winnipeg. “That

Daily Network News

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

Feed Grains Weekly: Cash prices for wheat, barley largely flat

The Canadian GMO mustard wars: Dijon vs canola

Tag Archives prices

Tensions build over Argentina’s beef export ban

Feed weekly outlook: Falling futures suggest first cracks in lofty market

ICE weekly outlook: Rain needed to bolster canola crop

Pulse weekly outlook: Chickpea acres ‘sharply’ down

U.S. grains: Soy futures top $16 for first time since 2012

U.S. grains: Corn, soy, wheat dip ahead of WASDE

Feed weekly outlook: Drought, demand deplete southern Alberta stocks

ICE weekly outlook: Canola’s uptrend intact for now

New Nutrien CEO to carry out current strategy

ICE weekly outlook: Challenging crop year ahead for canola

AgCanadaTV

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

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