Winners announced for Nutrien-Radicle challenge Canada

Canadian agriculture and food technology companies Terramera and Livestock Water Recycling have won the first ever Nutrien-Radicle Challenge Canada. Terramera won US$1.25 million for winning the growth-stage category after the finals held in Saskatoon, Oct. 1-2. The Vancouver-based company develops high-performance natural alternatives to synthetic chemical pesticides and fertilizers. It has also pioneered a method […] Read more

Ukraine scraps formal cap on wheat exports in favour of monthly monitoring

KIEV,  (Reuters) – Ukraine has scrapped its formal cap on wheat exports in the July 2019 to June 2020 season, with the agriculture ministry instead monitoring market conditions on a monthly basis to ensure domestic supply is adequate. The ministry signed on Thursday its annual memorandum with grains traders, setting terms for wheat exports for the current […] Read more

Canola futures stronger; wheat drops

Winnipeg,  (MarketsFarm) – The ICE Futures canola market was stronger on Wednesday, as fund short-covering and a lack of farmer selling on the other side provided support. Gains in Chicago Board of Trade soyoil and weakness in the Canadian dollar added to the stronger tone. The Canadian dollar was down by roughly half of a […] Read more

Harvest delays supporting canola futures

Winnipeg, (MarketsFarm) – The ICE Futures canola market was stronger on Tuesday, seeing some follow-through speculative buying after Monday’s rally. Harvest delays and quality concerns following recent snow, rain, and cold temperatures across parts of the Prairies remained supportive, according to traders. Continued strength in Chicago Board of Trade soybeans also helped underpin canola, according […] Read more

Snow boosts canola futures

Winnipeg, (MarketsFarm) – The ICE Futures canola market was stronger on Monday, as the market reacted to the early start to winter that hit parts of the Prairies over the weekend. The snow was heaviest in Alberta, but cold and wet conditions in all three Prairie provinces raised concerns over harvest delays and quality downgrades […] Read more

USDA estimates U.S. corn and soy stocks below expectations

CHICAGO, (Reuters) – U.S. soybean supplies were smaller than expected ahead of the 2019 harvest but still the highest on record, while corn stocks shrank by more than anticipated, according to U.S. Department of Agriculture (USDA) quarterly stocks data on Monday. The USDA estimated U.S. soybean supplies as of Sept. 1 at 913 million bushels, […] Read more

Chicken products recalled

Seven cooked and diced chicken products are subject to recall due to possible contamination with listeria bacteria. The Canadian Food Inspection Agency said Sept. 27 that the products were distributed at retail outlets across most of Canada, including the four western provinces, and are being voluntarily recalled by the food industry. No illnesses have been […] Read more

Canola futures stay in range, awaiting harvest news

WINNIPEG,(MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Friday, following trends set earlier in the week. Challenging harvest conditions and delayed progress have yet to provide a boost to canola prices. One trader said the weather across Western Canada is almost the worst he has ever seen. However, with snow in the […] Read more

Cold weather could add weather premium for canola

WINNIPEG, MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Thursday, as market activity remained largely range-bound. Without any news to support a rally, one trader said speculative buying is sidelined. That, combined with slow-but-steady harvest progression, is weighing on values. About 17 per cent of Saskatchewan’s canola has been harvested, along with […] Read more

Barley price slide slowing as harvest drags

Winnipeg, (MarketsFarm) – The slide in Western Canadian feed grain prices over the past few months is showing signs of slowing down, as concerns over harvest delays supplant earlier concerns over large crops and quality downgrades. “The weather over the next week or so doesn’t look that great,” said Allen Pirness of Market Place Commodities […] Read more