Agricultural engineer Maximiliano Marzetti checks genetically modified wheat with a strain called HB4, which has a gene that helps it better tolerate drought, inside a laboratory at Bioceres Crop Solutions in Rosario, Argentina, July 19.

Argentina gambles on GM wheat

As war and drought hit global crops, Latin American nation sees opportunity for technology

Reuters – In fields near the Argentine farm town of Pergamino, spiky green shoots of wheat stretch in neat rows to the horizon. It is a crop that developers hope will boost yields of the grain thanks to a single gene borrowed from sunflowers to help it better tolerate drought.  Reached along a dusty farm

Wheat drops as Russian production climbs

Reuters – An expected increase in Russia’s wheat crop that will compete with U.S. exports, already hampered by a strong U.S. dollar, is causing Chicago wheat futures to fall, according to traders. Russian consultancy IKAR raised its forecast of Russia’s 2022 wheat crop by two million tonnes, noting the world’s largest wheat exporter will have


CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat up on war worries

Corn, soy also firm despite recession fears

Chicago | Reuters — U.S. wheat futures rose more than three per cent on Wednesday, supported by fears of escalating conflict between major grain exporters Russia and Ukraine, as well as dry conditions in the U.S. Plains crop belt, analysts said. Corn followed wheat futures higher and soybeans closed up fractionally, shaking off pressure from

(Alfio Manciagli/iStock/Getty Images)

Canadian wheat, canola stocks projections revised higher

MarketsFarm — Canadian wheat and canola ending stocks for the 2022-23 crop year are forecast to end up above earlier projections, according to updated supply/demand estimates from Agriculture and Agri-Food Canada, released late Friday. The updated estimates account for recent production and old-crop carryout numbers from Statistics Canada. Total wheat ending stocks for 2022-23 are


French 2022 soft wheat protein down, test weights above average

French 2022 soft wheat protein down, test weights above average

Average protein content in this year’s French soft wheat harvest reached 11.4 per cent, down from 11.9 per cent last year, results from a quality survey by farm office FranceAgriMer and crop institute Arvalis showed Sept. 14. The national average for protein, a key criterion for wheat milling, followed mixed readings in preliminary survey results.

One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

Global wheat production rises, corn drops

IGC sees only slight changes in soy crop

MarketsFarm — The International Grains Council (IGC) in London raised its estimate of total world grain production for 2022-23 from its August report, with most of the increases coming in wheat. Overall, the IGC projected total production to reach 2.256 billion tonnes, adding eight million from last month. Most of that came from higher harvest


Egypt to require wheat suppliers to register in new exchange

Egypt to require wheat suppliers to register in new exchange

Egypt’s state grains buyer will require wheat suppliers to register with the country’s commodities exchange before November, according to a document seen by Reuters. The General Authority for Supply Commodities (GASC) added in a letter sent to traders that it will not buy from unregistered suppliers from the start of November onward. Traders contacted by

A 20 million-tonne canola harvest is unlikely now, but a figure below 18 million tonnes is also unlikely.

Canola yields not great, but good improvement

Harvest progress last week was well behind the five-year pace

As farmers contend with less-than-ideal canola yields, the main thing to keep in mind is the 2022-23 harvest will still be vastly better than last year’s. On Sept. 14, Statistics Canada issued its latest production report, following up on its previous one released Aug. 29. That one was based on satellite imagery taken at the


Security forces detain a demonstrator during a protest on Sept. 21, 2022 in St. Petersburg against a mobilization of reservists ordered by Russian President Vladimir Putin. (Social media video screengrab obtained by Reuters)

CBOT weekly outlook: War chatter part of market chaos

Stronger U.S. dollar weighs on futures

MarketsFarm — With the daily talk about Russia’s invasion of Ukraine, Scott Capinegro, president of Barrington Commodities at Barrington, Ill., has a special term for its effects on the Chicago Board of Trade (CBOT). “I call it the Putin rally,” he quipped, referring to Russian President Vladimir Putin, but lamenting the chaos the seven-month-old war

(Viterra.ca)

Farmers’ wheat, canola deliveries picking up in West

Commercial canola stocks increase

MarketsFarm — The advancing Prairie harvest has seen an increase in farmer deliveries of grains and oilseeds into the commercial pipeline, according to the latest weekly data from the Canadian Grain Commission. Export activity for canola remains very light through the first six weeks of the 2022-23 crop year, but growing supplies in the commercial