Reading Time: < 1 minute D’Arce McMillan, markets editor for The Western Producer, monitors trends in the North American and global agricultural markets. His latest video update on the crops market came from the recent 2016 Ag in Motion.
VIDEO: Canada’s agricultural markets update for July 20
Chicago oats rally with Prairie rains, for now
CNS Canada — Oat prices at the Chicago Board of Trade have advanced as rain soaks Canada’s crops, but one U.S. analyst doesn’t expect those gains to hold. Close to half of Canada’s seeded oat area is in Saskatchewan, Statistics Canada data shows, and some parts of the province have seen heavy rains and flooding. […] Read more
Canola, field peas flowering, soil moisture mostly good to excellent
Alberta crop conditions as of July 5
Reading Time: 2 minutes Crop condition ratings improved in all regions of the province with the greatest improvement occurring in the South and Central regions. Precipitation in the form of frequent showers prevailed throughout the province and was much welcomed in the dry western areas though the precipitation was an unwanted impediment to those spraying fungicides or baling hay. […] Read more
Danone to buy U.S. organic foods group WhiteWave
Paris | Reuters — France’s Danone said on Thursday it would double the size of its U.S. business by buying organic foods producer WhiteWave Foods in a deal worth US$12.5 billion, including some $2.1 billion of debt and “other” liabilities. The purchase will help the French company to pursue affluent consumers by adding WhiteWave’s popular […] Read more
Creep feeding an option if your pastures are hurting
A good creep ration could increase the value of a calf by $50 to $200 if prices stay around $2 a pound
Reading Time: 2 minutes It’s another tough year for pastures, and producers wanting to stretch limited forage supplies should consider creep feeding calves throughout the summer, says a provincial beef and forage specialist. “It’s possible that pastures will run out much earlier than normal,” said Barry Yaremcio. “In general, 70 per cent of total forage growth occurs before the […] Read more
Cash oats disconnect from falling futures
CNS Canada — Oat futures at the Chicago Board of Trade may be trending lower, but any further losses in the futures will only cause basis levels in the Canadian countryside to widen further, as farmers are reluctant to sell below their targeted levels. The delivery specs against CBOT oats futures are not milling quality, […] Read more
Schoepp: The short and sweet of who we are and what we eat
A survey of eating habits shows that tastes differ across the country, but food brings us together
Reading Time: 3 minutes We have a saying in our home that breakfast is the most important meal of the day — you should always make it home for breakfast. (When I was in my teens it was to make it home for breakfast and for the 3 a.m. milking!) Canadians do love to eat breakfast, especially in Quebec […] Read more
Warm, wet weather sees good crop advancement
Alberta crop conditions as of June 14
Reading Time: 1 minute During the past week, rain has continued to fall — mostly in the form of widespread thunderstorm activities. Almost all agricultural lands received up to 20 mm of rain, with large areas in North East, North West and Peace Regions receiving upwards of 50 mm. The generally warm wet weather across the province has contributed […] Read more
Saudi Arabia boosts stake in G3 Canada
Winnipeg | Reuters — Saudi Arabia’s agriculture company has taken control of the majority investor in grain handler G3 Canada Ltd., according to a filing, reducing Bunge Ltd.’s stake and strengthening the kingdom’s efforts to secure food supplies. G3 Global Holdings, the joint venture of U.S. agribusiness Bunge and Saudi Agricultural and Livestock Investment Co. […] Read more
China’s COFCO Agri hiring grain traders, opening Winnipeg office
Winnipeg | Reuters –– Chinese state-owned agricultural trader COFCO Agri is opening a trading office in the Canadian grain hub of Winnipeg, adding to the aggressive expansion of its North American agriculture business. COFCO Agri is hiring three grain traders and an operations manager to expand export and domestic trading, according to the company’s postings […] Read more
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