Economic Uncertainty Sends Speculators Packing

Canola futures on the ICE Futures Canada trading platform suffered a major price setback during the week ended March 11, with much of the downward price slide associated with the unloading of positions by speculative accounts. None of the liquidation orders were based on fundamentals; rather, individuals were unnerved by ongoing tensions in the Middle



CWB Predicts Small Rise In Wheat Output

Canada’s monopoly wheat exporter maintained its forecast for a small rise in production from the world’s No. 3 seller this year, but offered a slightly more upbeat forecast for global output. The outlook from the Canadian Wheat Board, one of the world’s biggest grain marketers, offers modest relief for millers who have been hurt this


As Land Runs Out, U.S. Corn Yield Growth Must Quicken

For decades, U.S. farmers have helped feed the world by sowing some of the most versatile cropland, adjusting each year to grow a bit more of this and less of that, to replenish those crops in greatest shortage. This year, however, even with farmers planting nearly every acre of arable land, it will not be

Japanese Quake Could Cut Imports

Japanese demand for U.S. corn may drop three to seven per cent and demand for soybeans could dip eight per cent after last week’s earthquake and tsunami damaged or destroyed ports, feed mills and meat-processing facilities, a top U.S. commodities analyst said March 14. Corn imports by the top U.S. corn buyer could drop by


Pea Outlook Good

Cool conditions, and in some cases frost, has affected India’s dry pea crop, and that is expected to improve the export outlook for Canadian producers in the 2011-12 crop year, Fred Oleson, deputy director of the Market Analysis Group with Agriculture and Agri-Food Canada, told the annual GrainWorld conference in Winnipeg Feb. 28. “The frost

Prediction Of Record Canola Acres Meets Resistance

Canola futures on the ICE Futures Canada trading platform experienced a bit of a roller-coaster ride during the week ended March 5, as values pushed down one day and then moved up the next. On the week, canola values pushed upward thanks to steady domestic crusher demand, the surfacing of some fresh export demand and


Research And Development Seen As Key To Solving World Food Crisis

World agriculture needs a major research and development initiative to reverse declining crop production and avoid a global food crisis, says an international food policy expert. Agricultural output has slowed in the last 20 years – an alarming trend, given a growing world population and recent riots in various countries sparked by rising food prices,

Sky-High Crop Acreage Targets Likely A Pipe Dream

The U.S. Department of Agriculture reiterated its projections for record-high combined plantings of corn, cotton and soybeans this spring at its annual Outlook Forum, dealing a fresh blow to crop prices by standing by its projections for potentially record-high crop production in 2011. But while record U.S. crop-planting estimates are all well and good on