Crops
CNS Canada — Questions are being asked over how much barley in Western Canada will be good enough to meet malting standards in 2014-15. This year’s crop was already going to be smaller than last year’s, said Brian Otto, past-president with the Western Barley Growers Association. Statistics Canada estimated overall barley production at 7.2 million […] Read more
Prairie malt barley crop’s quality still up in air
Argentina says will make soy producers sell more
Buenos Aires | Reuters –– Argentina will use “all the tools” at its disposal to end financial speculation by grains producers and exporters, government cabinet chief Jorge Capitanich said Wednesday, in a further sign of state intervention in Latin America’s No. 3 economy. Soy producers in Argentina, the world’s No. 3 soybean exporter, have been […] Read more
Monsanto reports smaller loss, forecasts profit below estimates
Reuters — Monsanto, the world’s largest seed company, reported a narrower fourth-quarter loss on Wednesday and said it sees continued growth in the new fiscal year on sales of corn and soybean seeds. Monsanto, known for its genetically engineered corn, soybeans and other crops as well as the popular Roundup herbicide, forecast earnings in a […] Read more
All major U.S. railroads must report service stats
Reuters — The top U.S. rail regulator ruled on Wednesday that all Class 1 railroads operating in the United States must provide detailed weekly freight service reports, a decision that cited months of congestion that have hit the grain and power industries particularly hard. Carriers must submit detailed data on average train speeds, dwell times […] Read more
Canpotex to upgrade Oregon port facility
Reuters — Canadian potash exporter Canpotex said Wednesday it will spend $140 million to upgrade its port export facility at Portland, Oregon, foreseeing an increase in shipments through the Pacific Northwest. The move comes as successive big North American harvests have created commodities bottlenecks along railways, impeding shipments of the crop nutrient potash from Canadian […] Read more
ICE weekly outlook: Canola up but hitting resistance
CNS Canada — ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as values start to rebound slightly in the face of the advancing Prairie harvest. Despite moderate gains, one trader sees resistance ahead for values. “It is going to be tough to rally very far; buyers are going to back away […] Read more
CBOT corn poised to drop below US$3/bu.
CNS Canada — Chicago corn futures moved higher during the week ended Wednesday, but the U.S. Department of Agriculture’s monthly crop report, due Friday, has the potential to push values sharply lower, according to an analyst. “Traders are looking for a three-point increase in the yield for the U.S. corn, and that could draw nearby […] Read more
CN service resumes after fiery Sask. derailment
Toronto | Reuters — Canadian National Railway (CN) resumed service on a line in east-central Saskatchewan Wednesday after workers removed debris from a fiery train derailment that occurred a day earlier and led to evacuation of a nearby village. Twenty-six cars derailed near Clair, Sask., about 75 km east of Humboldt, on Tuesday. Six of […] Read more
U.S. grains: Soybeans slip on big harvest views, spreading against corn
Reuters — Soybeans slipped on Wednesday on rising expectations of a huge U.S. harvest and spread trading against corn. Corn rose on short-covering ahead of a key U.S. government crop report, while technical buying bolstered Chicago wheat. Spread trading between corn and soybeans accelerated soybeans’ declines, as the trade assumed corn may not see as […] Read more
Tap into local food demand with ‘Explore Local’
Reading Time: < 1 minute Producers with an interest in tapping in to the local food markets are encouraged to get to know Explore Local. “We’re trying to help Alberta producers and processors build their knowledge and skills to successfully meet the demand in the local food area,” says Carmen Andrew, manager of Explore Local with Alberta Agriculture and Rural Development. […] Read more