Barcarena, Brazil | Reuters — Poor soy crushing margins in China that have led the country to default on soy purchases are short term and should improve in two to three months, Bunge Ltd.’s CEO says. Soren Schroder was in Brazil for Friday’s inauguration of Bunge’s new terminal in Barcarena on Brazil’s northern coast. The […] Read more
Bunge chief expects soy crushing margins in China to improve
Pearce: Confusion remains surrounding new Fluency Agent
Many in the seed and seed treatment sectors hoped, as the 2013 growing season came to a close, that development of a new fluency agent would be the beginning of the end of controversy between beekeepers and the crops sector. At issue was the use of neonicotinoid-based insecticidal seed treatments and alleged ties to bee […] Read more
Ex-ag committee chief Paradis named Que. ag minister
A former agriculture critic for Quebec’s provincial Liberals and former chair of the assembly’s agriculture, fisheries and food committee is the province’s new agriculture minister. Announcing his cabinet Wednesday following the April 7 election [Related story], incoming Premier Philippe Couillard named Pierre Paradis, the MNA for the Monteregie riding of Brome-Missisquoi since 1980, as the […] Read more
Corn, soybeans seen expanding on Prairies
Winnipeg | CNS Canada — Corn and soybean acres have expanded in Western Canada in the last 10 years and should continue to do so, according to Monsanto Canada’s vice-president. “When we think about our corporate vision and the potential to deliver on 110-bushel-per-acre corn, 40 bu./ac. soybeans, and 52 bu./ac. of canola, we believe […] Read more
CBOT review: Corn underwhelms investors despite lower USDA projections
CNS Canada –– Chicago Board of Trade corn contracts saw some choppy activity during the week ended Wednesday, but finished with only small advances as the U.S. Department of Agriculture’s prediction, that corn stockpiles would be lower than expected, failed to impress traders. “I think we saw a lot of positioning in this market,” said […] Read more
Ontario’s ‘greener’ diesel mandate takes effect
Ontario’s plan to ease its way toward mandatory minimum biodiesel content of four per cent in regular diesel is underway, starting with a two per cent mandate as of April 1. As announced Thursday, and running until the end of 2015, all fuel suppliers will be required to ensure the diesel they place in the […] Read more
Specs book profits in soybeans, but trend still up overall
CNS Canada — Soybean futures at the Chicago Board of Trade moved higher during the week ended Wednesday, but profit-taking came forward to limit the advances. And while more speculative long liquidation is possible in the short-term, the longer-range trend remains pointed higher, according to an analyst. Soybeans had rallied in the lead up to […] Read more
Man., Sask. soybean acreage on the rise
CNS Canada — Record-breaking soybean yields are prompting another year of expansion of the oilseed in Manitoba fields, according to an industry-official. A year ago, producers in Manitoba planted more than one million acres of soybeans in the province, the most ever. The average yield in Manitoba was 39 bushels an acre — another all-time […] Read more
CBOT soybeans nearing resistance
CNS Canada — Chicago Board of Trade soybean contracts moved higher during the week ended Wednesday, but are running into upside resistance as a number of bearish factors overhang the market. “Over the short term (soybeans) will be very choppy, but over the medium and long-term I’m still bearish,” said analyst Terry Reilly of Futures […] Read more
Lallemand buys into BioBoost crop growth promoters
Bacteria and yeast processor Lallemand is expanding its reach in the crop care market in a “collaboration” with seed and crop input firm BrettYoung. Montreal-based Lallemand, whose specialty business including ag-related products is headquartered in France, announced Thursday it will buy the intellectual property rights and “associated assets” for BrettYoung’s biological products portfolio, including its […] Read more
Cyber-Savvy Farmer
