CNS Canada — Even with one new pulse processing plant on line in Western Canada and more on the way, producers will still have to wait before these new ventures have a significant effect on marketing of their pulse crops. Numerous pulse processing plants have been announced in the last year. French company Roquette broke […] Read more
Pulse weekly outlook: Processing boom to help in long run
Bayer wins U.S. nod for Monsanto deal to create ag giant
Frankfurt/Washington | Reuters — Bayer won U.S. approval for its planned takeover of Monsanto after agreeing to sell about US$9 billion in assets, clearing a major hurdle for the US$62.5 billion deal that will create by far the largest seeds and pesticides maker. Makan Delrahim, who heads the U.S. Justice Department’s (DoJ) antitrust division, said […] Read more
CP employees to walk the line Tuesday night
Barring any last-minute deals, conductors, engineers and signal maintainers at Canadian Pacific Railway plan to be on strike as of 9 p.m. CT Tuesday. The Teamsters Canada Rail Conference (TCRC), which represents about 3,000 CP engineers, and the International Brotherhood of Electrical Workers (IBEW), which represents about 360 CP signal maintenance staff, both announced Saturday […] Read more
Bayer cuts Monsanto synergy target on divestments
Bonn | Reuters — Bayer said positive synergy effects from the planned takeover of U.S. seeds and chemical firm Monsanto would be about US$300 million below its previous target because it will sell more businesses than initially expected to get antitrust approval. Bayer CEO Werner Baumann again threw his weight behind the deal, despite higher […] Read more
Seeding makes good progress, surface soil moisture levels declining
Alberta crop conditions as of May 22, 2018
Reading Time: < 1 minute Warm and dry weather over the past week provided favourable conditions for seeding operations in most of the province. Provincially, seeding progress has increased 30 per cent from a week ago, to 67 per cent complete, compared to the 5-year average (2013-2017) of 83 per cent. Regionally, seeding progress is most advanced in the Southern […] Read more
CP employees reject company’s ‘final’ offers
Conductors, engineers and signal maintainers at Canadian Pacific Railway are again within striking distance of striking. The Teamsters Canada Rail Conference (TCRC), which represents about 3,000 CP engineers, and the International Brotherhood of Electrical Workers (IBEW), which represents about 360 CP signal maintenance staff, confirmed Friday their members have voted to reject what CP described […] Read more
Weed pressure ramps up in late spring
Weeds that emerge a week before the crop can cause up to 50 per cent yield loss
Reading Time: 3 minutes In a late spring like this one, you might be tempted to skip spraying for weeds to make up for lost time — but that decision could cost you. “The last few years, we’ve had early springs, so people weren’t feeling like they were under the gun,” said Harry Brook, crop specialist with Alberta Agriculture […] Read more
Pulse weekly outlook: Large U.S. crop possible, despite reduced acres
CNS Canada — Farmers in the U.S. may have planted fewer pulse acres in 2018 compared to the previous year — but the reduction was likely not as large as forecast by the U.S. Department of Agriculture. A return to average yields would also still result in big supplies overall, after poor crops in 2017, […] Read more
Federal rail freight legislation clears Senate
Canada’s Senate has passed federal legislation that grain grower groups have hoped will help improve rail freight service for the sector this year. Bill C-49, the Transportation Modernization Act, passed third reading in the Senate on Tuesday following a 41-31 vote to approve a message that the Senate “does not insist on its amendments” to […] Read more
Deere plans price increases to offset rising costs
Chicago | Reuters — Shares of Deere and Co. soared Friday after the U.S. tractor maker revised up its full-year earnings estimate on stronger equipment demand and shared its plans to increase prices to offset increased costs. The company’s stock was up 6.4 per cent at $156.24 in early afternoon trading on the New York […] Read more
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