Insights and Stories on Crops

Dreyfus to step up spending after earnings boost

Mar. 22, 2023 at 5:32 pm CDT

Paris | Reuters — Louis Dreyfus Co. (LDC) could nearly double annual investments in the coming years as rising profits help it pursue expansion in its traditional crop trading and newer food-ingredient activities, its CEO told Reuters. The group on Wednesday reported a jump in annual net profit to $1 […]

AAFC supply/demand estimates mostly unchanged

Mar. 22, 2023 at 5:28 pm CDT

By Phil Franz-Warkentin

Federal report shows farmer concerns remain regarding emissions targets

Mar. 22, 2023 at 5:12 pm CDT

By Don Norman

U.S. grains: Chicago corn turns higher

Mar. 22, 2023 at 3:43 pm CDT

By Cassandra Garrison

U.S. pushes back against Russian demands linked to Ukraine grain deal

Mar. 21, 2023 at 7:43 pm CDT

By Michelle Nichols

USDA’s Indonesia desk predicts increased palm oil production

Mar. 21, 2023 at 7:34 pm CDT

MarketsFarm — Indonesia, the world’s largest producer of palm oil, is forecast to see a three per cent rise in production in 2023-24, according to the U.S. Department of Agriculture’s Foreign Agricultural Service post in Jakarta. The country’s USDA post anticipates 46 million tonnes of palm oil production, which would […]

By MarketsFarm

Pulse weekly outlook: Steady world trade expected in 2023

Mar. 21, 2023 at 7:29 pm CDT

MarketsFarm — World trade in chickpeas and lentils is expected to remain relatively steady in 2023, with solid demand from South Asia underpinning markets, according to the latest outlook from the International Grains Council. The IGC sees the world trade in chickpeas in 2023 at about 1.9 million tonnes, which […]

By Phil Franz-Warkentin

U.S. grains: Chicago soy closes lower

Mar. 21, 2023 at 6:22 pm CDT

Reuters — Chicago soy futures reversed gains to close lower on Tuesday, pushed down by rising estimates of Brazilian production, while corn and wheat dipped as markets kept a cautious eye on an expected Federal Reserve rate hike. Wheat and corn continue to be capped by the extension of a […]

By Cassandra Garrison

CN, mechanics avert strike with tentative deal

Mar. 20, 2023 at 8:33 pm CDT

Canadian National Railway and the union representing its mechanics and intermodal and clerical workers have reached a tentative labour deal, averting a potential strike. CN, Unifor Local 100 and Unifor Council 4000 on Monday announced they have reached four new tentative collective agreements to cover about 3,000 railway employees, who […]

By Dave Bedard

U.S. grains: Soy closes higher on rising crude oil, stocks values

Mar. 20, 2023 at 7:34 pm CDT

Mexico City | Reuters — Chicago Board of Trade soy futures rallied from a three-month low to close higher on Monday, catching a tailwind from U.S. stocks reassured by the announcement that UBS agreed to buy battered rival Credit Suisse, analysts said. Gains in oil prices also pushed up soybeans, […]

By Cassandra Garrison