Markets
The European Union’s deforestation regulation may be delayed by another year. The regulation has the potential to boost canola oil consumption.
Markets
European Union’s deforestation delay bad news for canola
The crop would have been a significant beneficiary of regulations to curtail imports resulting from deforestation
Pulse Weekly: Looking for trade deal to benefit Canadian growers
As trade talks between Canada and India are soon to restart, Pulse Canada said it’s looking for any deal arising out of those talks to be beneficial for Canadian pulse growers.
U.S. grains: CBOT soybeans firm as traders hope for more Chinese buying
Chicago Board of Trade soybean futures ended higher on Tuesday in a day of range-bound trading after comments by President Donald Trump’s administration bolstered expectations of further Chinese purchases under a bilateral trade truce, market analysts said.
Conagra considers selling its share in Ardent Mills
Conagra and Cargill each own 44 per cent of Ardent Mills, while CHS owns the remaining 12 per cent
Conagra is open to selling its 44% share in North America’s largest milling company.
USDA’s latest WASDE report bearish for wheat
The World Agriculture Supply and Demand Estimates report now projects a new production record of 829 million tonnes
The U.S. Department of Agriculture has released its long-awaited November crop production and World Agriculture Supply and Demand Estimate reports.
Critics question Brazil’s biofuel expansion plan
Country is pushing the world to quadruple sustainable fuel use by 2035, but scientists warn of land, food trade-offs
“When land grows fuel instead of food, someone else must clear more land, or eat less,” said Timothy Searchinger, senior research scholar at Princeton University.
Canola price creeps higher despite slow export levels
The demand situation in canola still looks worrisome, but its price has crept up from the autumn low set in October.
U.S. livestock: Cattle futures end limit down
Chicago live and feeder cattle futures fell by their limits on Monday following news of a Nebraska processing plant closure. All live cattle contracts fell by 7.250 cents. Most-traded June contracts settled at 201.725 cents a pound while February futures closed at 207.525 cents. Feeder cattle contracts dropped by their 9.250-cent limit. Most-traded March futures […] Read more
AAFC makes few changes to November S/D report
Agriculture and Agri-Food Canada made only a handful of alterations for its November report on principal field crops. The only changes AAFC made were with all wheat and durum exports plus domestic use for all wheat and corn in the estimates released on Nov. 24. The report had been initially scheduled for Nov. 19, but AAFC said they chose to delay it until after the United States Department of Agriculture issued its November supply and demand estimates following the U.S. government shutdown.
U.S. grains: Soybeans turn lower on Chinese demand uncertainty; corn mixed, wheat falls
Chicago Board of Trade soybean futures retreated on Monday from last week’s 17-month high, as traders waited for signs of more Chinese buying of U.S. beans and details from the latest call between Washington and Beijing, market analysts said.
