Reuters — Saskatchewan’s PotashCorp, the world’s second-biggest potash producer, is recalling workers at some of its Canadian mines as it gears up for a possible rise in production in 2015, a senior executive said Wednesday. The company cut its workforce by 18 per cent in December, including about 570 workers in potash operations. [Related story] […] Read more
PotashCorp may raise 2015 potash output
Canada’s small fertilizer firms shuffle ranks, search for capital
Reuters — Capital-strapped small fertilizer companies in Canada are shuffling their senior executive ranks to draw investors in a period of weak prices. Stonegate Agricom Ltd., which is developing a phosphate mine in Idaho, said on Tuesday that CEO Mark Ashcroft resigned, the latest change at the top among small players in the sector. Others […] Read more
Frost spreads to Sask. as harvest lags
Winnipeg | Reuters –– Freezing temperatures spread on Friday into Saskatchewan — Canada’s biggest producer of spring wheat and canola — chilling some of the country’s most immature crops. Temperatures dipped to between -3 C and -1 C in parts of Saskatchewan, while other areas stayed above freezing, according to Environment Canada data. Temperatures of […] Read more
Frost hits Alberta crops
Winnipeg | Reuters — Freezing temperatures covered much of Alberta early Thursday, raising the risk of damage to wheat, barley and canola crops that did not fully develop. Overnight temperatures included lows that were just slightly below freezing to well below, according to Environment Canada data. The national weather service reported a low of -6 […] Read more
Rain bogs down Prairies’ wheat, canola harvests
Winnipeg | Reuters — Rain has bogged down Western Canada’s harvest of canola, spring wheat and other crops, while cool temperatures slowed the growth of crops that need to mature before the first significant frost. Most of southern Manitoba, Saskatchewan and Alberta have received rain recently, with Manitoba’s Red River valley among the hardest hit […] Read more
U.S. grains: Corn drops as rating points to bumper crop
Reuters — Corn futures fell on Tuesday with the U.S. crop reported in the best shape in two decades, reinforcing expectations of a record-large harvest. New-crop soybeans pared losses and Chicago wheat futures turned mostly higher, despite signs of a big U.S. soybean crop on the way and abundant global wheat supplies. The U.S. Agriculture […] Read more
U.S. grains: Corn, soybeans slide on outlook for record crops
Reuters — Chicago corn futures fell on Monday after two straight days of gains while soybeans slid to a contract low on forecasts of record crops in the U.S. Wheat also weakened on profit-taking as the focus returned to large global crops. Chicago Board of Trade new-crop December corn fell 1.1 per cent or four […] Read more
U.S. grains: Soybeans, wheat fall after USDA pegs bigger supplies
Reuters — Soybean futures slid on Tuesday after the U.S. Department of Agriculture projected that domestic supplies of the oilseed would be bigger than expected at the end of the next marketing year. Chicago wheat futures were pressured by the department’s higher view on global stocks, while corn futures turned higher after USDA estimated lower-than-expected […] Read more
U.S. grains: Wheat prices slide in see-saw trade
Reuters — U.S. wheat futures dipped on Monday in a see-saw trade on technical selling and easing worries about tensions between wheat-exporting countries Russia and Ukraine. Corn futures moved off contract lows hit earlier this month on a short-covering boost before a highly anticipated government crop report while deferred soybean contracts fell on rains in […] Read more
U.S. grains: Wheat pulls back, registers weekly gain
Reuters — U.S. wheat futures fell for a second session on Friday on profit-taking but still ran up nearly three per cent this week, partly on fears of disrupted grain flows from the Black Sea region. New-crop corn fell, while soybeans turned higher and both notched weekly gains after spillover support from wheat helped offset […] Read more
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