Reuters — Ketchup maker H.J. Heinz, owned by 3G Capital and Warren Buffett’s Berkshire Hathaway, is acquiring a majority stake in Kraft Foods Group to create the third-largest North American food company, executives said on Wednesday. Shares of Kraft — which operates 35 plants in Canada, the U.S. and Puerto Rico — were up more […] Read more
Kraft to combine with Heinz in deal led by 3G, Buffett
More room off lows seen for U.S. wheat futures
CNS Canada –– U.S. wheat futures have trended higher over the past few weeks and still have some more room to the upside, as weather concerns for the country’s winter wheat crop and the need to bring acres to spring wheat should provide some support, according to an analyst. Given the declining U.S. crop conditions […] Read more
Wheat bids on Prairies rise with U.S. futures
CNS Canada –– Wheat cash bids across Western Canada moved higher in most classes during the week ended Friday, with gains in U.S. futures behind much of the strength. Average Canada Western Red Spring (CWRS) wheat prices were steady to up by as much as $8 per tonne during the week, with bids ranging from […] Read more
Feed barley bids rangebound in Western Canada
CNS Canada –– Prairie feed barley prices continue to hang tough in March, locked into a range established early this year. “We’re seeing a lot of bids in and around $205” per tonne, said Allen Pirness, a trader for Market Place Commodities at Lethbridge. Bids had been hitting around $210 per tonne, for example, on […] Read more
Monsanto settles more U.S. farmer claims over GM wheat
The 2013 discovery of experimental Roundup Ready wheat plants in a farmer’s field in Oregon has led the crop’s developer to settle suits brought by wheat growers in seven U.S. states. Monsanto Co. said Wednesday it had reached a settlement agreement with growers in Kansas, Missouri, Illinois, Oklahoma, Texas, Louisiana and Mississippi, stemming from Japan’s […] Read more
VIDEO: The many definitions of bread
Reading Time: < 1 minute Bread is on one hand one of the world’s most common foods, but on the other hand one of the most varied. In this video, staff at the Canadian International Grains Institute (Cigi) talk about the different types of bread around the world, and how they work with customers to determine the best type of […] Read more
Prairie wheat bids rise with U.S. futures, improving basis
CNS Canada –– Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) cash bids moved higher in Western Canada during the week ended Friday, underpinned by strength in U.S. wheat futures and improving basis levels. Average CWRS wheat prices were C$6 to more than $9 per tonne higher during the week, with bids […] Read more
State of Prairie winter wheat still unknown
CNS Canada — Snow cover is rapidly disappearing across Western Canada, but it will still be a few weeks until the extent of any damage to winter wheat across the Prairies is fully known. “It’s still wait-and-see,” said analyst Bruce Burnett of Winnipeg grain firm CWB. The crop won’t start re-growing until the overnight temperatures […] Read more
Barley research updates now online
Reading Time: < 1 minute Alberta Barley has posted up-to-date research project summaries on its website. The project summaries, written by researchers, detail the project’s timeline, project partners, total funding, and a description of its benefit to farmers. Updates on AgriInnovation Program projects are also on the website. The 27 projects, funded under the $11-million National Barley Research Cluster and […] Read more
CWRS wheat bids edge higher, other classes soften
CNS Canada –– Wheat cash bids across Western Canada saw some minor adjustments during the week ended Friday, with Canada Western Red Spring (CWRS) bids generally showing some improvement while other classes moved lower. Average CWRS wheat prices were steady to as much as $3 per tonne higher during the week, with bids ranging from […] Read more
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