Canola rises with soybeans

Winnipeg, Jan. 18 (CNS Canada) – ICE Futures Canada canola contracts were stronger on Thursday, taking some direction from soybeans at the Chicago Board of Trade. A lack of significant farmer selling contributed to the gains, according to traders, with many producers thought to be holding out for higher prices for the time being. Concerns […] Read more

Rising Brazilian ethanol prices open window for U.S. imports

CHICAGO/SAO PAULO (Reuters) – U.S. ethanol exports to Brazil will spike during the coming months as high gasoline prices and low ethanol supplies drive up demand in the South American country, according to two traders and two brokers active in the market. The southward flow comes as a setback to Brazil’s efforts to curb foreign […] Read more

Strategie Grains cuts this season’s EU soft wheat export outlook

PARIS (Reuters) – Competition from Russian wheat on international markets, notably Africa, prompted French consultancy Strategie Grains to reduce further its forecast for European Union soft wheat exports in the current 2017/18 season. The analyst projected 2017/18 soft wheat exports from the European Union at 21.6 million tonnes, down 750,000 tonnes from last month and […] Read more

Supercluster attracting the eye of major tech firms

The Smart Agri-Food Super Cluster aims to use efficient and powerful data to create better collaboration within the agriculture sector. It is one of nine super clusters in the running for $950 million in federal funding for super clusters that make a broad economic impact. Another agriculture-sector cluster, the Protein Industries Canada Supercluster, is also […] Read more

Indoor farming startup Plenty eyes rollout in China, Japan

  BEIJING, (Reuters) – Ambitious U.S. indoor farming startup Plenty Inc is seeking urban sites for new farms in Chinese cities as part of a global drive to set up high-tech facilities growing organic vegetables in warehouses under banks of LED lights. Matt Barnard, chief executive of the San Francisco-based firm which counts Amazon Inc. […] Read more

Ukraine oilseed exports rise 48 pct so far in 2017/18

KIEV, (Reuters) – Ukraine has boosted its exports of oilseeds by 48 percent to 3.67 million tonnes so far this season thanks to bumper rapeseed sales, its state service for food safety said on Wednesday. Rapeseed exports totalled 2 million tonnes so far in 2017/18 compared with 900,000 tonnes in the same period in 2016/17, […] Read more

Ukraine 2017/18 grain exports down 9.5 %

KIEV (Reuters) – Ukraine has exported about 22.8 million tonnes of grain in the agricultural year that began in July, down from about 25.2 million in the same period last year, the state service for food protection said on Wednesday. Exports included 11.7 million tonnes of wheat, 3.8 million tonnes of barley and about 6.7 […] Read more

Markets: ICE Canola Ticker Higher with Soybeans

  WINNIPEG, January 16 (CNS) – Canola contracts on the ICE Futures Canada platform were higher Tuesday morning, taking strength from gains in U.S. soybeans. Markets re-opened in the U.S. after being closed yesterday for the Martin Luther King Jr. Holiday. Cold weather on the Prairies has discouraged farmer selling, however milder temperatures are slowly […] Read more