A technical chart tells a story. It provides a map of what happened and hints about what may come. Canola There were certainly twists and turns to the canola trade in 2024. However, the path meandered in a sideways range and the market never actually went anywhere, finishing 2024 not far from where it started […] Read more
Corn
Global grain demand continues to match supply
Producers are urged to consider put and call options as well as seasonal averaging products for all their crops this year
SASKATOON — The grain and oilseed market outlook for 2024-25 boils down to one simple factor. “It’s really a case of big supplies versus big demand,” said Rhett Montgomery, DTN’s lead analyst. Related stories: “It’s really going to be an arm wrestle to see what side of that equation wins out.” Corn traded in the […] Read more
U.S. wins Mexico GM corn dispute
WASHINGTON, D.C. (Reuters) — A trade-dispute panel ruled on Friday that Mexico’s restrictions on U.S. genetically modified corn exports violate the U.S.-Mexico-Canada Agreement, handing president Joe Biden’s administration a major trade victory in its final weeks. The U.S. Trade Representative’s office said the USMCA dispute settlement panel ruled in favour of all seven U.S. legal […] Read more
Global grain demand continues to match supply
Producers are urged to consider put and call options as well as seasonal averaging products for all their crops this year
SASKATOON — The grain and oilseed market outlook for 2024-25 boils down to one simple factor. “It’s really a case of big supplies versus big demand,” said Rhett Montgomery, DTN’s lead analyst. “It’s really going to be an arm wrestle to see what side of that equation wins out.” Corn traded in the range of […] Read more
China grew more grain this year
BEIJING, China (Reuters) — China’s total grain production reached a record of more than 700 million tonnes in 2024 as Beijing moves to boost output in its quest to achieve food security. The year’s output in the world’s largest importer of grain stood at 706.5 million tonnes following larger harvests of rice, wheat and corn, […] Read more
Tariffs may hit U.S. food costs
WASHINGTON/REGINA — U.S. prices may rise next year for avocados, strawberries and other fresh produce, and consumers could face shortages, if president-elect Donald Trump follows through on plans to slap tariffs on goods from Mexico and Canada, agricultural economists and industry executives say. Mexico and Canada are by far the top two suppliers of farm […] Read more
Project diversification focuses work on English farm
Producer steadily adds to the list of initiatives he has undertaken on his operation in an effort to maintain the family farm
Ever the opportunist and entrepreneur, James Lee has been finding agribusiness opportunities throughout the Devon, England, region for nearly 20 years. His singular focus? Maintaining the family farm. Listing his projects was a feat in itself as we overlooked his pasture in the English countryside. Once he graduated from university in 2006, Lee knew that […] Read more
U.S. ethanol exports to Canada soar
SASKATOON — Canada could be the saviour of the corn market, says an analyst. Scott Irwin, an agricultural economist at the University of Illinois, said the corn ethanol market in the United States is under duress from electric vehicles and other factors. Related stories: Fortunately, the shrinking domestic market for the biofuel is being offset […] Read more
Corteva forecasts steady growth
(Reuters) — Corteva expects low-single-digit percentage net sales growth through 2027, the U.S. agrichemicals firm said on Tuesday, banking on its exclusive seeds and crop chemical products. The top U.S. supplier of corn and soy seeds has invested heavily to improve the yields of its products as it bets on the long-term demand for food, […] Read more
Aviation biofuel plant coming to Minnesota
Glacier FarmMedia – A US$5-billion project close to the Canadian border will manufacture sustainable aviation fuel (SAF) using low-value ag by-products and forest waste. DG Fuels, a U.S.-owned sustainable aviation fuel company (SAF), has chosen Moorhead, Minnesota — about a two-hour drive from the Manitoba border — for its new production facility. According to a […] Read more
