In Your Co-operator this Week: May 9

In Your Co-operator this Week: May 9

1. Farmers grow frustrated: Some Canadian farmers, no closer to knowing when they’ll regain access to their biggest canola customer, are going from feelings of uncertainty and anxiety to anger and frustration. “We demand action,” Ian Steppler, who farms near Deerwood, Man., wrote on Facebook last week. The federal government and grain industry are committed



CBOT July 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Weak export data drags soybeans to new lows

Chicago | Reuters — U.S. soybean futures posted contract lows for a fourth straight session on Thursday after weak U.S. Department of Agriculture (USDA) export sales data and amid ongoing concerns that rain-delayed corn sowing would increase soy plantings. Corn was mixed as spillover pressure from lower soybeans offset support stemming from concerns about delayed




(Aodaodaod/iStock/Getty Images)

Canadian farm exports hit new Chinese obstacles amid diplomatic dispute

Winnipeg/Beijing | Reuters — An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid a bitter diplomatic dispute. China has already blocked Canadian canola from Richardson International and Viterra, two of Canada’s biggest farm exporters, saying that shipments had pests. Other China-bound canola