Lethbridge grain marketing and handling firm Bridge Agri Partners has been taken up by U.S. grain and ag input firm The Andersons. Bill Krueger, president of The Andersons’ trade and processing arm, said in a release Nov. 1 it had bought the Prairie company for an undisclosed amount, its goal being “to expand our pet […] Read more
Andersons buys grains broker Bridge Agri Partners
Lethbridge business will keep existing name
U.S. railroads, union extend strike deadline until at least Dec. 4
Teamsters warn against 'blatant attempt to cause panic'
Washington | Reuters — A group representing major railroads and a union that voted to reject a new contract said Wednesday they had agreed to extend a potential strike deadline until at least Dec. 4. The National Carriers’ Conference Committee (NCCC) and the International Brotherhood of Teamsters (BMWED) that represents 11,000 workers extended the current […] Read more
Pulse weekly outlook: Price disconnect between lentil growers, destinations
Stronger loonie pressures prices
MarketsFarm — There’s something of a disconnect in green lentil prices, between what Canadian farmers have seen recently and to where those pulses are being sold, according to Toronto-based Marcos Mosnaim of Export Packers. Green lentils increased in price up until a couple of weeks ago, Mosnaim said. “It was a combination of farmers not […] Read more
Corteva third-quarter loss narrows on demand for agricultural products
Reuters – Agricultural chemical and seed company Corteva Inc CTVA.N on Thursday posted a smaller-than-expected third-quarter adjusted loss as farmers looked to maximize yields at a time of low global grain supplies. Operating loss was 12 cents per share in the July-September quarter, from 14 cents per share a year earlier. Analysts on average had expected […] Read more
Green peas regain premium over yellows
MarketsFarm – Solid demand and tighter supplies have seen green pea bids regain a premium over yellow peas in Western Canada, although the market for both varieties remains solid overall. Green peas historically trade at premium to yellow peas due to higher quality specs and concerns over bleaching, but increased domestic demand for yellow peas […] Read more
Syngenta sales growth eases but still quite robust
Reuters – Swiss agrichemicals and seeds group Syngenta on Thursday logged slightly slower – albeit still robust – growth in sales and core earnings for the third quarter. The Chinese-owned company, which plans to list within the next few months, said sales jumped 20 per cent to $7.9 billion in the three months to the […] Read more
Unions rip supply chain report’s language on strikes
Task force calls for 'new labour relations paradigm'
Recommendations from the federal government’s National Supply Chain Task Force to strengthen the country’s supply chains have drawn a cheer but also one significant jeer from unions in the transport sector. The task force’s final report, released Oct. 6, offered up 21 recommendations aimed at easing congestion in Canada’s ports, filling labour shortages and improving […] Read more
CropLife not driving CFIA policy, agency says
NFU calls for CFIA head's ouster over 'indication of improper collaboration'
The National Farmers Union and a clutch of other organizations have asked Canada’s federal ag minister to replace the president of the Canadian Food Inspection Agency, citing questions about the provenance of regulatory proposals on gene-edited seed. CFIA officials, however, reject the NFU’s allegation that the metadata attached to the proposal document in question may […] Read more
Pulse weekly outlook: Good harvests, transportation a ‘mixed bag’: Pulse Canada
MarketsFarm – As harvesting operations for pulses in Western Canada come to a close, Mac Ross, Pulse Canada’s director for market access and trade policy, said this year’s crops have been successful in terms of quality and yields. “I haven’t heard any concerns regarding quality. In a lot of cases, I’ve been hearing that the […] Read more
AAFC tweaks some numbers as canola, pulses remain unchanged
MarketsFarm – While Agriculture and Agri-Food Canada made some changes in its October supply and demand estimates from September, the department didn’t make any alterations to its data for canola, pulses and special crops. The department released its report during the late afternoon of Oct. 21. Of the grains and oilseeds, AAFC’s most notable revisions […] Read more