Daily market update

ICE: Canola slightly higher CBOT: Soybean futures edge up CME: Hog futures hit contract high Cash grains /Global markets/Loonie

China’s major fertiliser makers to suspend exports amid tight supplies

BEIJING, July 30 (Reuters) – Some of China’s major fertiliser companies said they would temporarily suspend exports to assure supplies in the domestic market, the state planner said on Friday, after prices in one of the world’s top grain producers hit record levels. China is the world’s top exporter of phosphate, and shipped 3.2 million […] Read more

One for the road: Glenfiddich uses whisky waste to fuel trucks

LONDON, July 27 (Reuters) – Scotch whisky maker Glenfiddich has begun converting its delivery trucks to run on low-emission biogas made from waste products from its own whisky distilling process as part of a “closed loop” sustainability initiative, it said on Tuesday. Glenfiddich said it has installed fueling stations at its Dufftown distillery in north-eastern […] Read more



Mexico tightens inspections in ports, airports amid African swine fever in region

MEXICO CITY, July 29 (Reuters) – Mexico is working with pork producers to firm up sanitary measures and “epidemiological surveillance” following a confirmed case of African swine fever in the Dominican Republic, the Mexican Agriculture Ministry said on Thursday. Mexican officials will reinforce animal inspections at all ports, airports and border crossings, the ministry said […] Read more


India contests Cambodia’s claim of buffalo meat infected with COVID-19

MUMBAI, July 28 (Reuters) – India on Wednesday contested Cambodia’s claims that Indian buffalo meat was infected with COVID-19, saying it exports the meat only after getting COVID-free certification. Cambodia earlier this week said three out of five containers of frozen buffalo meat imported from India tested positive for coronavirus. India’s Agricultural and Processed Food […] Read more

EU rapeseed supply to remain tight, says Strategie Grains

PARIS, Aug 2 (Reuters) – Strategie Grains maintained its outlook for higher rapeseed production in the European Union this year but warned that overall supply could remain tight. In a monthly oilseed report, the consultancy kept its forecast for this year’s European Union rapeseed harvest almost unchanged at 17.03 million tonnes, 2.5% above estimated 2020 […] Read more

CNH Industrial bets on strong market to counter worst supply chain situation

MILAN, July 30 (Reuters) – Italian-American vehicle maker CNH Industrial on Friday raised its revenue and free cash flow forecasts for this year, confident an industry cyclical upturn would help it offset a severe impact from supply chain constraints. “It’s the worst supply chain situation I’ve seen in my career,” Chief Executive Scott Wine told […] Read more


Sovecon cuts forecast for Russia’s 2021 wheat crop

MOSCOW, Aug 2 (Reuters) – Russian agriculture consultancy Sovecon said on Monday it had cut its forecast for Russia’s 2021 wheat crop by 5.9 million tonnes to 76.4 million tonnes. Sovecon, one of the leading agriculture consultancies in Moscow, said it downgraded its forecast as Russia’s statistics service reported the pre-harvest winter wheat area at […] Read more