Big crop estimates overwhelm weather woe reports

Markets fell hard after the WASDE puts record corn and large bean crops into the minds of traders. Despite lower yielding wheat and canola and rapeseed crops, the markets cut those along with the American favourites. Canola fell hard for a few hours after the U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates […] Read more

Today's WASDE report indicates corn may set an American record for production at an average of 178.4 bushels per acre. | File photo

Higher WASDE projections send markets down

Weather news did not offset higher estimated supplies and drove all crop commodities on Chicago’s market down after today’s American report. The U.S. Department of Agriculture’s World Agricultural Supply and Demand Estimates came out Aug. 10 and pushed traders to sell positions because the optimism of tighter supplies of wheat and canola didn’t offset reports […] Read more

A lot has happened in two years

How wonderful it was. The World Trade Organization had helped leverage a stop to American country-of-origin labelling. The Comprehensive Economic Trade Agreement with the European Union was in the bag, so Europe was our oyster and the Trans-Pacific Partnership was set to deliver Canada as its biggest winner with both giving up only small ground […] Read more

BASF, Bayer divide up products, services

It’s Christmas in August. At least it probably feels a little like Christmas morning for a pair of senior agricultural science executives as they open packages under their ever-greener BASF tree. “It’s kind of like that,” said Garth Hodges, formerly of Bayer and now BASF. “We are in the discovery period of the (merged) products…. […] Read more

Canola, wheat gain on dry conditions

Dry conditions and higher temperatures across most of North America have put traders in a buying mood, lifting soybeans and canola for the second day in a row. Global drought issues have provided support for wheat as well. Friday’s August World Agricultural Supply and Demand Estimates report from the USDA is keeping a cap on […] Read more

Canola,soy up, while WASDE-waits fore-shakes

Canola made a move to the upside, along with soybeans, after USDA crop condition estimates put the American soybean crop in the losing-ground category, from a week earlier. Canola also gained ground on a softer Canadian dollar after the Saudi Arabian government began shutting down relations and trade with Canada. Canola saw further support from […] Read more

Modest weather market forming

A modest weather market is forming ahead of the August 10 USDA report. U.S. corn was up again today and soybeans might have been, if not for expanding trade worries about American and Chinese relationships. After being down so long, wheat remains on an upward march, hitting three-year highs as drought and less than ideal […] Read more

American Customs and Border Patrol staff will continue to collect Canadian visitors’ information at land and port crossings, but now they will share that information with the Canadian government.  |  Getty Image

Snowbirds must watch the calendar

New record keeping provisions make it more important than ever this winter to keep track of how long you’re away

Canadian snowbirds need to remain vigilant around the calendar. New federal record keeping systems will likely come into place by the end of the year that will ensure Canadians and non-Canadians alike are documented as they exit the country. This becomes an issue for those who remain outside Canada for longer than allowed under residency […] Read more

Canola takes it in jaw from U.S. China seesaw

Rumours yesterday about Sino-American trade improvements were dashed by reality today carrying soybeans lower in the markets by about 2 percent. Canola followed the leader down and ended $5 per tonne lower for November at $495.80. January to May ended above $500, ranging from almost $503 to $513.50. Corn took a hit on the bean […] Read more

Canola closes higher

November canola managed to break $500, rising to $502.80 before setting in at $500.80 after starting the day at $493.90. The big jump was on the coat tails of soybeans, which grew by about 3 percent on the day, as traders began acting on rumours of Chinese and American trade discussions. August soybeans cleared US$ […] Read more