Canadian Pacific Railway (CP) boosted its income from Canadian grain by five per cent in its third quarter ending Sept. 30, on its way to its highest-ever Q3 gross revenue. Across all its business segments, the Calgary-based railway on Tuesday reported net income of $323 million on $1.709 billion in revenue for the quarter, down […] Read more
CP books more grain revenue on less grain in Q3
Alberta producers in the final stages of harvest
Alberta crop conditions as of October 20, 2015
Reading Time: 2 minutes Harvest is in its final stages. Producers were able to take advantage of warm, mostly dry conditions this past week to raise the completion percentage to 96.3 per cent. Dry beans and potatoes are virtually completed and only 15 per cent of the sugar beet crop remains to be dug. What remains outstanding is principally […] Read more
Grain deliveries hit record high in September
CNS Canada — September was a very busy month for grain handlers in Western Canada, as farmer deliveries into the commercial pipeline hit their highest levels ever. Producers made deliveries of 5.879 million tonnes of the major grains and oilseeds during the month, topping the previous monthly record of 5.819 million tonnes set two years […] Read more
Dry weather keeps harvest rolling, pasture conditions rate poor
Alberta Crop Conditions as of October 13, 2015
Reading Time: 2 minutes Dry and warm weather has facilitated harvest progress during the past week. Provincially, 87 per cent of crops have been harvested, up 14 per cent from last week, while nine per cent of crops are still in swath (down eight per cent from a week ago) and four per cent remain standing (down six per […] Read more
Alta., U.S. ag co-ops partner on fertilizer plant
The Canadian arm of U.S. farm, fuel and agrifood co-op CHS is moving to expand its stake in Alberta’s ag input retail market, this time partnering with one of Canada’s top ag co-ops. CHS Canada and Alberta’s UFA announced a partnership deal Wednesday for a seed and crop input retail operation, plus agronomic and advisory […] Read more
Not much interest in Glencore ag assets at grain firm G3
Winnipeg | Reuters –– Grain handler G3 Canada, a joint venture between a Saudi Arabian firm and Bunge Ltd., doesn’t have much interest in bidding for a stake in rival Glencore’s agricultural business, its chief executive said Tuesday. Swiss-based Glencore, the trader and miner whose shares have been battered by the commodities slump, is looking […] Read more
Feed grains: Corn edging down, Japan looking for barley
CNS Canada –– Following are a few highlights in the Canadian and world feed grains markets on Thursday, Oct. 8. • CBOT corn futures were posting small losses Thursday morning, but were holding rangebound overall as traders were squaring positions ahead of Friday’s USDA monthly supply/demand report. December corn was trading at US$3.9450 per bushel […] Read more
Gluten-free Cheerios recall not for Canada
Gluten-free Cheerios or Honey Nut Cheerios in bilingual English-French packaging aren’t affected by a recent recall over undeclared wheat ingredients, the cereal’s manufacturer says. General Mills Canada said Wednesday that the products it sells in Canada aren’t included in the recall announced Tuesday in the U.S. General Mills recalled several days of production of Cheerios […] Read more
Former UGG, CWB chief Lorne Hehn, 79
Lorne Hehn, at his funeral last week, was remembered as the Saskatchewan farmer-turned-businessman who led the Canadian Wheat Board toward its next-to-last incarnation as a farmer-controlled marketing agency. Hehn, who died Sept. 16 at age 79, had farmed at Markinch, about 65 km north of Regina, and was involved in several farm organizations, becoming a […] Read more
Oat prices remain under pressure
CNS Canada –– Oat prices continue having trouble breaking through key resistance figures as harvest winds down across the Prairies. “They’re (prices) below what farmers like… having trouble breaking that $3 a bushel level in Manitoba and $2.50 in Saskatchewan,” said Ryan McKnight of Linear Grain at Carman, Man. So far, he said, very few […] Read more
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