Winnipeg | Reuters –– Canada’s Liberal and New Democratic parties, vying to replace the governing Conservatives in a tight three-way election race, both say they would clarify rules around foreign corporate takeovers if they win. Liberal leader Justin Trudeau, campaigning in Winnipeg on Tuesday, said foreign investors need clearer rules around takeovers. “(Conservative Prime Minister […] Read more
Liberals, NDP say would clarify foreign takeover rules
Producer groups lobby for TPP deal in Atlanta
Several Canadian grain and livestock commodity groups have representatives in Atlanta this week pressing for federal negotiators to keep Canada in play on the Trans-Pacific Partnership. Trade ministers from the 12 TPP countries — also including the U.S., Mexico, Japan, Australia, New Zealand, Chile, Peru, Vietnam, Malaysia, Singapore and Brunei Darussalam — are meeting in […] Read more
Pearce: Outdoor Farm Show hosts Kubota’s ‘triple play’
Canada’s Outdoor Farm Show is no stranger to ribbon cuttings and product launches, but not many companies open a new show-site facility and pull the wrapping off two new products all at once. Kubota Canada this year didn’t even wait for the official start of the Outdoor Farm Show, but did it all a day […] Read more
U.S. grains: Prices slide on China worries, harvest progress
Reuters — U.S. grain and soybean futures slid Monday, pressured by a broad sell-off in commodity and equity markets and progress by U.S. farmers in harvesting crops. Soybeans tumbled more than one per cent, while Chicago wheat slipped off its earlier one-month high. Corn also declined. “This will be one of the biggest weeks in […] Read more
VW scandal might ‘hurt’ diesel prices, gas analyst says
CNS Canada –– The scandal gripping German automaker Volkswagen and its diesel-powered passenger cars could ultimately result in a glut of diesel coming onto the market, according to a fuel analyst. “I don’t think anybody sees diesel going away forever, but from a passenger vehicle (viewpoint) we really need to get more evidence. Is this […] Read more
U.S. grains: Soy, corn, wheat rally to close week
Chicago | Reuters –– Chicago Board of Trade soybeans rallied 2.4 per cent to their highest in more than a week on Friday, supported by signs of a pick-up in export demand for U.S. supplies, traders said. U.S. wheat futures rose 2.2 per cent to their highest since Aug. 14. Wheat pulled corn higher on […] Read more
U.S. grains: CBOT wheat slides from one-month high
Chicago | Reuters — U.S. wheat futures fell two per cent from a one-month top on Thursday on a round of profit taking, with plentiful global supplies allaying concerns about adverse crop weather in Australia and the Black Sea region, traders said. Corn futures edged lower, pressured by the expanding harvest of what is expected […] Read more
CBOT weekly outlook: Corn, soybeans feeling harvest pressure
CNS Canada — Chicago Board of Trade (CBOT) corn and soybean futures finished lower for the week ended Wednesday as the advancing harvest pressured already-low prices. The front-month soybean contract dropped to some of its lowest levels in more than six years. The rising strength of the U.S. dollar has made life difficult for U.S. exporters […] Read more
U.S. grains: Wheat nears one-month high on global weather worries
Chicago | Reuters — U.S. wheat futures neared a one-month high on Wednesday on short-covering and poor weather in Australia and the Black Sea region that worried traders who have recently been focused on large global supplies. Corn and soybean futures ended little changed. Propelling wheat prices higher was dry weather that is threatening the […] Read more
Storm suspected of carrying new corn disease into U.S.
Chicago | Reuters — A tropical storm could have carried the corn disease tar spot into the heart of the U.S. farm belt for the first time, as winds and rain blew in from Latin America, researchers told Reuters. The U.S. Department of Agriculture has confirmed cases of tar spot in at least four locations […] Read more
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