Markets
Genesis Fertilizers is actively seeking funding from government and a strategic partner. The company dispelled a rumour that DL E&C has abandoned the project.
Markets
Genesis Fertilizers seeks government funding
Company says the mega-project fits with the federal government’s plans for Canda to be more self-sufficient
U.S. livestock: Cattle choppy amid weak cash market, tight supply
Chicago | Reuters – Chicago Mercantile Exchange cattle futures traded both sides of unchanged on Wednesday as mixed-to-weaker cash markets and a continued tight supply of cattle buffeted futures, analysts said. Industry experts said the U.S.-Mexico border is likely to be closed to cattle imports for the foreseeable future as the flesh-eating screwworm parasite spreads. […] Read more
China’s canola, soybeans imports to drop one million tonnes each
China is expected to import one million tonnes less of canola in 2025/26 than in the previous marketing year, the United States Department of Agriculture attaché in Beijing projected. China was projected to acquire 3.10 million tonnes of canola this year versus 4.10 million in 2024/25.
ICE Weekly: Canola could relive March lows: analyst
Canola futures on the Intercontinental Exchange are being pressured by the harvest and a lack of export demand. One analyst said they could fall to their March lows.
U.S. grains: Chicago grains, soy rebound after Trump announces meeting with Xi
Chicago soy futures rebounded on Wednesday from below the psychological $10 threshold after U.S. President Donald Trump said soybeans will be a major topic of discussion when he meets with Chinese President Xi Jinping in four weeks.
CBOT Weekly: Trading being guided by emotions
Emotional trading was guiding activity at the United States commodity markets, said Ryan Ettner, broker with Allendale Inc. The McHenry, Ill.-based Ettner said that particularly held true for Chicago Board of Trade soybeans and corn to a lesser extent.
Manitoba harvest 72 per cent done: report
Manitoba farmers made good harvest progress during the last week of September, with 72 per cent of the crop in the bin as of Oct. 1, said the latest provincial report. That was up from 56 per cent done the previous week.
Exports off to a slow start after last year’s torrid pace
Canadian grain, oilseed and pulse exports are off to a slow start, but there are some bright spots, according to the Canadian Grain Commission’s most recent weekly export data report.
Canola oil transloading facility opens
DP World just opened its new canola oil transload facility at the Port of Vancouver. It can ship one million tonnes of the commodity per year.
Bigger harvests increase Chinese market’s importance
As official estimates show an ample and price-depressing supply of grain and oilseeds being harvested in North America, it is imperative to restore access to China’s market.
