Markets
In an opinion piece published on APK-Inform, Christina Serebryakova, head of analytics at Atria Brokers, said the country is having difficulty competing with other exporters due to "extremely difficult logistics."
Markets
Canadian farmers expected to plant most wheat since 2001
Spring wheat plantings, the biggest portion of Canada's all-wheat production, are seen reaching 19.4 million acres, also the most since 2001 and up 7.5 percent from last year, the report showed.
Feds approve Vancouver container port
Many of Canada’s crops are transported to overseas markets in containers, including half of its lentils, one-quarter of its peas and all its special crops.
Chinese rapeseed acres could explode
The Chinese Academy of Agricultural Sciences is testing a new rapeseed variety designed to bring idle fields back into production during the winter months, according to an article published in the South China Morning Post.
Wheat ignores late-seeding prospect
Minneapolis futures prices continue to slide even as expectations grow that U.S. crop will get off to a late start this spring
U.S. growers indicate they will be planting the smallest spring wheat crop in 50 years at 10.6 million acres. It would be a big deal if that number was slashed even further.
Return of El Nino does not bode well for Australian farmers
The transition from La Nina to El Nino and a shift to a positive Indian Ocean Dipole could mean much less rain Down Under
“El Nino typically suppresses rainfall in eastern Australia during the winter and spring months,” said the Australian Bureau of Meteorology in an April 11 Climate Driver Update.
China’s soybean demand slump baffles market
Soybean and soymeal prices started falling in China at the beginning of March and had not recovered as of mid-April
“Something has happened to demand in China,” DTN lead analyst Todd Hultman said during a recent webinar. “We don’t know exactly what.”
Smaller herds trigger record cattle prices and pricier beef
Chicago fed and live cattle futures hit record highs last week and that will likely push up the price of beef at a time when consumers are already shocked at the level of food inflation.
Two U.S. developments threaten to make pork pricier
Beef, the main meat the five in my family have consumed for years, has gotten so expensive that buying some ribeyes for the barbecue, a Sunday roast or even a tray of ground beef for Taco Tuesday feels prohibitive.
China may become world’s biggest wheat buyer
Market analysts try to figure out why the country is likely to purchase three times more wheat than it did five years ago
Neil Townsend, market analyst with GrainFox, believes China is bargain shopping.
