Crops
Chicago | Reuters –– U.S. soybean futures fell 1.1 per cent to their lowest in more than four years on Thursday as farmers resumed harvesting in parts of the U.S. Midwest as fields began to dry out, traders said. Wheat and corn futures fell too, with wheat also hitting its lowest since July 2010, due […] Read more
U.S. grains: Soybeans, wheat fall to lowest since 2010
CP challenging extended rail interswitching rules
Canadian Pacific Railway (CP) wants the courts to shoot down new federal rules that allow more Prairie elevators to move loaded grain cars on more than one railway, the Manitoba Co-operator reports. The Canadian Transportation Agency rules, launched in tandem with the Fair Rail for Grain Farmers Act passed in May, are the target of an action […] Read more
Manitoba edible bean yields ‘all over the board’
CNS Canada — Harvest of edible beans is underway in parts of Manitoba, with yields reported as variable so far. Yields on pinto beans have been reported as anywhere between 1,500 and 1,800 kilograms per hectare so far, with a range of 2,000-2,100 kg/ha on kidney and cranberry beans, according to Dennis Lange, farm production […] Read more
Dow’s Enlist corn, soybeans face hurdles despite USDA approval
Reuters — U.S. approval of Dow AgroSciences’ new genetically-modified corn and soybeans takes the agricultural giant a step closer to its “most important” product launch ever, but a series of hurdles remain, the company said Thursday. “We sure are aware of the concerns that have been expressed,” said Dow AgroSciences president Tim Hassinger in an […] Read more
Russia demands changes to Ukraine-EU trade deal
Brussels | Reuters — Russia has demanded changes to a free-trade deal between Ukraine and the European Union, underlining that Moscow was not satisfied by a last-minute concession from the EU to delay implementing the pact at the heart of the conflict in Ukraine. In a letter to the EU trade commissioner, seen by Reuters […] Read more
Man sought on alleged ag equipment scams
Police in Alberta and Saskatchewan are looking for a 31-year-old man wanted on fraud charges stemming from allegedly unfulfilled online ads for farm equipment. Bradly Barry Kowalczyk is wanted on warrants from Calgary and the Three Hills, Chestermere, Crowsnest Pass, Viking, St. Paul and Olds areas of Alberta on charges relating to fraud over $5,000, […] Read more
Syngenta faces second suit over GM corn China rejected
Chicago | Reuters — A second company has sued Syngenta over sales of genetically modified corn seed not approved by China, raising the stakes for the Swiss-based seed maker by including byproducts used for animal feed in its complaint and seeking class-action status. Trans Coastal Supply Co., a major exporter of livestock feed products, said […] Read more
USDA grants approval to Dow’s Enlist corn, soybeans
Reuters — The U.S. Department of Agriculture on Wednesday gave final approval to new genetically modified corn and soybeans developed by Dow AgroSciences that, while criticized by environmentalists and some farmers, are portrayed by Dow as an answer to weed resistance problems that limit crop production. The approval may clear the way for a full […] Read more
CN to be fined for under-hauling grain
Canadian National Railway (CN) is set to be fined for allegedly failing to meet its now-mandatory minimum weekly grain handle. The as-yet unspecified penalty would be the first under the federal Fair Rail for Grain Farmers Act passed earlier this year. [Related story] The Act requires CN and Canadian Pacific Railway (CP) to move a minimum […] Read more
CBOT soybeans, corn haven’t bottomed yet
CNS Canada — Corn and soybean futures on the Chicago Board of Trade continued to drift lower during the week ended Wednesday, but haven’t bottomed yet. Terry Reilly, an analyst with Futures International in Chicago, said corn prices have another 40 cents per bushel to go before bottoming around the $3 per bushel range (all […] Read more