Shareholders in Prairie special crops processor Legumex Walker have voted to take a deal for their company’s assets from U.S. grain firm Scoular. Winnipeg-based Legumex reported Monday that shareholders representing just over 76 per cent of its stock have voted 99.6 per cent in favour of selling the company’s special crops division to the Scoular […] Read more
Legumex Walker shareholders approve sale
CP said exploring Norfolk Southern takeover
Reuters — Canadian Pacific Railway (CP) is looking to acquire U.S. peer Norfolk Southern, business news service Bloomberg reported Monday, citing people familiar with the matter. Canada’s second-largest railroad operator has already raised financing and held early-stage merger talks with Norfolk Southern, Bloomberg reported, citing two of the people. Freight carried by major U.S. railroads […] Read more
Agrium bucks fertilizer sector trend with Q3 profit
Reuters — Canadian fertilizer and farm retail dealer Agrium on Thursday reported quarterly profit jumped nearly nine per cent, as higher sales volumes and lower costs helped it buck the sector’s trend of weaker earnings. Weaker currencies in fertilizer-buying markets such as Brazil and India are weighing down prices, leading rivals PotashCorp and Mosaic Co. […] Read more
Crunch time for Manitoba producers to fertilize
CNS Canada — The clock is ticking for Manitoba producers who wish to lay down nitrogen or phosphorous on their fields. Wet conditions in many parts of the province are making it tough for farmers to get their machines onto fields, according to Dan Mazier, president of Keystone Agricultural Producers. “We just drove from Winnipeg […] Read more
Wide-ranging green lentil quality good for Sask. markets
CNS Canada — Variable weather throughout Saskatchewan’s growing season brought a range of quality and prices to green lentil producers — and that’s a good thing, according to a processor in the province’s south. The final quality of green lentils in Saskatchewan ranges from No. 1 to No. 3, said Colin Young of Midwest Investments, […] Read more
Cereals North America: Communication key to improved grain transportation
Winnipeg | CNS Canada –– Canada’s grain transportation system is running relatively smoothly for the time being, but there is still plenty of room for improvement — and better communication between participants is seen as a way to alleviate future bottlenecks. The 2013-14 crop year, with its logistical challenges and, eventually, federal government intervention, are […] Read more
Pulses: Lentil-based beer unveiled in Saskatchewan
CNS Canada –– Following are a few highlights in the Canadian and world pulse markets on Thursday, Nov. 5. • Shortages and resulting high local prices in India remain at the forefront of the global pulse market. However, government efforts to ease the situation are starting to be seen in the domestic market, with the […] Read more
PULSES: India throws cold water on US inspection proposal
Winnipeg, Oct 29. – Following are a few highlights in the Canadian and world pulse markets on Thursday morning, October 29. – Prices for chickpeas in Northwestern India have risen to such high levels that they are starting to cut into planting areas traditionally reserved for rapeseed, according to reports out of the country. Temperatures […] Read more
India still rules pulse market, despite potential diet shifts
CNS Canada –– Based on how its high pulse prices and stockpiling regulations have held the market’s undivided attention in recent weeks, India’s place in the driver’s seat of the pulse trade appears safe. While new data from the World Health Organization on the carcinogenicity of processed and red meat is driving attention to alternative […] Read more
Pulses: India looks to cut international business red-tape
CNS Canada — Following are a few highlights in the Canadian and world pulse markets on Tuesday morning, Oct. 27. • Indian police have seized approximately 1,650 tonnes of pulse crops from warehouses in Thane. The stocks that were seized include Russian chickpeas, tur and Australian chickpeas, according to reports out of the country. It […] Read more
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