Reading Time: < 1 minute Agriculture poses a key challenge to the Asia-Pacific Economic Co-operation’s vision of free trade in the region, Australian Trade Minister Craig Emerson said Nov. 10. “The opening up of agricultural sectors of APEC economies remains a key challenge,” Emerson said in a statement. “Some APEC economies maintain very high levels of protection in agriculture.” The […] Read more
APEC Plan Meets With Resistance
Pricey U.S. Farmland Touted As A Solid Investment
Reading Time: 2 minutes Fears that rising farmland values may be building toward a bubble are overblown, according to a leading U.S. farmland investor. The fundamental factors driving rising farmland values are long term and are coupled with low debt levels in the sector, indicators not commonly associated with asset class “bubbles,” said Hancock Agricultural Investment Group (HAIG) president […] Read more
CWB Raises Export Target
Reading Time: < 1 minute The Canadian Wheat Board expects to export up to 15.8 million tonnes of wheat and barley in the current 2010-11 crop year, up about five per cent from its July estimate of 15.1 million tonnes but down sharply from last year’s 18.8 million tonnes, which was the highest volume in a decade. “October was important […] Read more
Alliance Buys U. K. Crop Importer
Reading Time: < 1 minute Alliance Grain Traders, a processor of pulse crops such as beans and lentils, said Nov. 1 it had bought London-based importer A. Poortman (London) Ltd. The acquisition includes a processing plant for dry edible beans and pulses in Tianjin, China, as well as trading offices in Europe. Poortman gives Regina, Saskatchewan-based Alliance a processing presence […] Read more
Domestic Canola Crush, Export Demand Outpace Last Year’s
Reading Time: 3 minutes The ICE Futures Canada canola market continued its steady climb higher during the week ended Oct. 29, showing no significant signs of letting up aside from some modest profit-taking. More long liquidation could easily rear its head and trigger a correction in the market, but in the larger scope the general uptrend appears to point […] Read more
FLAT PAYMENT OF SURPLUS – for Aug. 30, 2010
Reading Time: < 1 minute The Canadian Wheat Board says it will distribute surplus earnings to farmers who participate in the 2010-11 cash sales program of export feed barley delivered thorough Guaranteed Price Contracts (GPCs) if revenue for the year is above the average up-front cash price and CWB costs. The distribution will be a flat per-tonne payment paid equally […] Read more
CHINA’S TOP AREA SEES BUMPER HARVEST – for Aug. 30, 2010
Reading Time: < 1 minute Heilongjiang province, China’s top soy area, is expecting a bumper harvest in October despite plantings being delayed by about 10 days, said the China National Grain and Oils Information Centre. It cited the Heilongjiang Soybean Association as saying yields could increase by 10 per cent if the weather was favourable in the later growing period. […] Read more
StatsCan report suggests that rain makes grain – for Aug. 30, 2010
Reading Time: 3 minutes ICE Futures Canada canola contracts dropped lower during the week ended August 20, as improving crop prospects and ideas that supplies will end up considerably better than early expectations weighed on values. Positioning ahead of Statistics Canada’s first production estimates of the year released Aug. 20 was a feature in the trade in the lead-up […] Read more
ADM Plans Expansion – for Aug. 16, 2010
Reading Time: < 1 minute Archer Daniels Midland (ADM) plans to “significantly decrease” farmers’ delivery unloading times with receiving capacity expansions at its Lloydminster, Alta. canola-crushing plant. ADM’s project is to include a second unloading bay and a doubling of grading capacity, the company said. ADM said its decision follows a recent survey of area farmers, which the company said […] Read more
EU To Be World’s Largest Rapeseed Importer – for Aug. 16, 2010
Reading Time: < 1 minute A poor rapeseed crop looming in the European Union this summer is likely to turn the bloc into the world’s largest rapeseed importer, Hamburg-based oilseeds analysts Oil World forecast Aug. 9. EU rapeseed imports between July 2010/June 2011 are likely to rise to at least 2.19 million tonnes from 2.13 million tonnes imported in 2009-10, […] Read more
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