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Cargo ships stuck off Yemen as fighting worsens food supply

At least five merchant vessels carrying food are stuck off Yemen, shipping data showed on Wednesday, as warships from a Saudi-led coalition search them for weapons bound for Iran-allied Houthi rebel forces, with delays adding to a humanitarian crisis.

Market under pressure ahead of USDA report

Market under pressure ahead of USDA report

The grain trade this past week was anticipating the release of the U.S. Department of Agriculture's crop conditions report.

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Lentils have good marketing year

If you’re a lentil grower, you’ve just had the best marketing winter of your career. You probably had an OK yield but, with all the rain at harvest, you probably harvested your worst-quality crop. Here’s where everything worked. Demand has been red-hot, including for product that, in another year, might have been destined for the feed market.

Market shifts ahead of USDA planting report

For the week ending March 26, May Minneapolis lost 26.25 cents, May Chicago fell 30.75 cents and May Kansas City lost 26.5 cents. As of 10 a.m. March 27, wheat trade was up 2.5 cents to 7 cents.

Manitoba soybeans trading at January levels

Soybeans in Manitoba are flat, trading about where they were in January. Buyers price off Chicago Board of Trade futures, and they had a minor run in February so there were slightly better prices available for a while. Delmar International Inc. is paying 30 cents over May, putting it at $10.10 the morning of March 24, while elevators are about $9.80 per bushel.

Volatile dollar shakes up markets

Volatile dollar shakes up markets

For the week ending March 19, May Minneapolis gained 5.25 cents, May Chicago gained 10 cents and May Kansas City gained 11 cents. As of 10 a.m. March 20, wheat trade was up 8.5 to 12.5 cents.

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Flax market might ease; pea prices down

WINNIPEG, Manitoba — Flax continues to have a good market. Legumex is paying $14.50 per bushel delivered in Winkler, Manitoba. Elevators are about $13.50. Compared with canola, flax is on the expensive side.

Think tank predicts payment peak

Government support for U.S. grain farmers under the new five-year farm bill will peak with the coming 2015 crop, the Food and Agricultural Policy Research Institute says in a new report.

Oats markets on the way down

Small gains for grains

Small gains for grains

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U.S. dollar at 13-year highs

U.S. dollar at 13-year highs

For the week ending March 5, May Minneapolis lost 8 cents, May Chicago lost 32.5 cents and May Kansas City lost 22.5 cents. As of 10 a.m. March 6, wheat trade was down 4 to up 4 cents.

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Indonesia self-sufficiency push could drive up beef prices

Plans by Indonesia’s new president to make the nation self-sufficient in foods such as beef are showing signs of backfiring, with a major industry group warning prices for the meat could soar 50 percent in the next few months.

China urges banks to speed up agriculture sector loans

China urged its banks to speed up lending to agriculture, the country’s banking regulator said on Tuesday, in an effort to bolster a sector that employs almost one third of its 1.4 billion people, but remains in desperate need of funding.

U.S. agriculture delegation visits Cuba, protests embargo

The most important U.S. agricultural delegation to visit Cuba in more than a decade began three days of meetings on Monday, hoping to find potential business partners and urge the U.S. Congress to lift the trade embargo against the Caribbean nation.

Western Canada wheat plantings to drop

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