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File photo of Rabobank’s office building in Utrecht. (Rabobank.com)
Crops, Markets

More acres expected for soybeans, canola, Rabobank says

RaboResearch arm sees Canada's exporters 'struggling' with margins

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MarketsFarm — Farmers in the U.S. will seed more soybeans in 2024-25, with Canadian canola plantings also expected to rise to a lesser extent, according to a grains and oilseeds analyst with RaboResearch Food and AgriBusiness, a division of the Dutch multinational bank Rabobank at the firm’s Fall Harvest Outlook webinar. During the Wednesday webinar,
Commodity markets, however, wait for no one and, like American politics, grain futures have been slipping and slouching since early summer.
Op/Ed, Opinion

Opinion: The pileups start to pile up

U.S grain marketing is looking as messy as its politics

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It’s looking like today’s political and grain market pileups will be bigger and messier than first thought. Here’s how New York Republican Representative Mike Lawler described his colleagues’ never-to-pass federal budget demands to CNN Sept. 19: “This is not conservative republicanism. This is stupidity.” There’s little wonder that Congress has spent most of 2023 shooting
A soybean field north of St. Adolphe, Man. on Sept. 17, 2023. (Dave Bedard photo)
Crops, Markets

CBOT weekly outlook: Funds getting out of soybeans

Potential for U.S. government shutdown a concern

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MarketsFarm — While corn and wheat prices on the Chicago Board of Trade (CBOT) stayed fairly steady during the week ended Wednesday, soybean prices steadily declined. The November soybean contract dropped 30 cents per bushel from one week ago to close Wednesday at $13.1975/bu. (all figures US$). During the same week, December corn only lost
(File photo)
Livestock, Markets

‘Shocking’ farm videos barred at egg-price antitrust trial in Chicago

Food firms sought to show animal care claims not genuine

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Reuters — A U.S. judge has barred Kraft, Kellogg and other major food producers from showing what the court called “shocking” and “heart-wrenching” videos of conditions inside certain hen houses at an upcoming antitrust trial against egg producers and marketers. In a ruling on Tuesday, U.S. District Judge Steven Seeger in Chicago said the risk
(Christophe Paul photo courtesy USDA)
Crops, Markets

USDA adjusts soy, corn outlooks in September report

U.S. wheat usage, carryout estimates shift

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MarketsFarm — The U.S. Department of Agriculture made a number of slight changes to its forecast on soybeans and corn for 2023-24, while keeping its domestic wheat numbers from August. USDA on Tuesday issued its monthly world agricultural supply and demand estimates, adjusting its forecast on this year’s soybean yields at 50.1 bushels per acre,
Comment: Clock ticking south of the border
Comment, Op/Ed

Comment: Clock ticking south of the border

Anti-work, anti-freedom U.S. Congress needs more work, more freedom

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Even before the U.S. Congress returns from its five-week, no-work period to its usual three-day weeks of little work, Republicans in both chambers are signaling to global markets, the White House and their colleagues that their return will bring no 2023 Farm Bill and no 2024 U.S. federal budget by the Sept. 30 drop-dead date
“We’ve always been dealing with a certain group down there that want to push mandatory country of origin labelling.” – Dennis Laycraft, Canadian Cattle Association.
Livestock, News

U.S. COOL proposal unlikely to affect Canadian beef

Tabled legislation would see processors fined per pound of improperly marked meat

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Proposed American legislation could see distributors fined for meat that is improperly labelled as “Made in the USA,” but industry experts north of the border say it is unlikely to pass muster. The bill would set out processor fines of $5,000 per pound of beef that doesn’t meet label standards. Why it matters: A proposed
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Crops, Markets

Canada says will join as third party in U.S.-Mexico corn dispute

Mexico's measures 'not scientifically supported,' ministers say

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Reuters — Canada said Friday it will participate as a third party in dispute settlement proceedings between the U.S. and Mexico regarding genetically modified (GM) corn in imported tortillas and dough, citing concerns about Mexico’s stance on the matter. The decision follows Washington’s request for a dispute settlement panel through the Canada-U.S.-Mexico Agreement (CUSMA), which
File photo of a cornfield in Mexico. (Roberto Cabrera/iStock/Getty Images)
Crops

U.S. escalates Mexico corn trade spat with dispute panel request

Canada 'considering its next steps'

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Washington | Reuters — The United States on Thursday escalated its objections to Mexico’s curbs on genetically modified corn imports, requesting a dispute settlement panel under the North American trade pact, the U.S. Trade Representative’s office said. The request to send the dispute to arbitrators was announced after formal consultations failed to resolve deep divisions

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