Cargill’s Prairie Malt plant in western Saskatchewan is destined for new European ownership under a deal publicly proposed Thursday. The Boortmalt Group, the malting arm of French agricultural co-operative Axereal, has announced its “intention to enter into an agreement” to buy Cargill Malt from the U.S. agrifood firm for an undisclosed sum. Boortmalt, which bills […] Read more
European malting giant to buy Cargill Malt business
Cereal seed royalty gets thumbs down at consultations
Government is asking farmers what they think about seed royalties — and the answer is ‘not much’
Reading Time: 4 minutes The idea of charging royalties on cereal seed didn’t go over well with many Alberta farmers who attended a federal government consultation on proposed royalties. “The overarching thing is that control would be imposed and that would be my concern,” Trochu farmer Kevin Niemi said in an interview. “A royalty is like a seed tax […] Read more
Feed weekly outlook: Prairie feed grain market inching higher
CNS Canada — The feed grain market in Western Canada is starting to firm up as a lack of farmer selling has supplies tightening. “It seems like we’re kind of moving higher here at the moment. Markets have a firmer tone to them for now,” said Allan Pirness of Market Place Commodities in Lethbridge. “Barley […] Read more
Fall rye’s popularity catching on Prairies
CNS Canada — It’s good and bad news when it comes to winter cereal acreage in Western Canada. Winter wheat acres in Manitoba and Saskatchewan are down this fall, while acreage in Alberta increased, and fall rye acres in all provinces rose. “I think a lot of the guys that were growing winter wheat have […] Read more
Quebec rye production on the rise
CNS Canada — Rye production was up in Quebec in 2018, one reason being producers supplying hybrid rye for feed to the province’s hog industry. “Feed was coming from out west, but now we’re starting to produce the seed itself here,” said Andre Lussier, who farms near St. Hyacinthe, Que. and is a director with […] Read more
Feed weekly outlook: Prairie market flat as holidays near
CNS Canada — The flat western Canadian feed grain market will continue for the forseeable future, but there could be slight changes around the holidays and into the New Year. “The market has been relatively flat for several weeks now and my guess is it will continue to be that way into the New Year. […] Read more
Rye prices as good as they’re going to get
CNS Canada — At more than $7 per bushel for rye in Western Canada, Cal Vandaele believes the price has topped off. “There’s been bids touching $8,” said Vandaele, of Vandaele Seed at Medora, Man., about 120 km southwest of Brandon, adding the price will decline over the winter. “When they start getting into these […] Read more
Four Eastern wheats to be reclassified in July
Four classes of Canada Eastern wheat are set to be reclassified in mid-2019 into a new “Other” class, to cut the costs of segregating grain during commercial handling. The Canadian Grain Commission announced Thursday a new Canada Eastern Other Wheat (CEOW) class will be created effective July 1, 2019. At that time, the Canada Eastern […] Read more
Feed weekly outlook: Corn imports set to drop
CNS Canada — The market for feed grains in Western Canada is largely flat, but could change soon, according to one commodities trader. “I don’t know if I’m bearish or bullish. I’m kind of flat right now as a trader,” said Evan Peterson of JGL Commodities in Moose Jaw. Peterson said there are still large […] Read more
Cash oats solid, acreage increase likely in 2019
CNS Canada — Recent volatility in lightly-traded Chicago Board of Trade oats futures has not been felt in the Canadian cash market, where values look solid heading through the winter months. March oats in Chicago hit a contract high of US$3.175 per bushel on Monday, but was back trading at around US$2.90 per tonne two […] Read more
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