CNS Canada –– ICE Futures Canada canola contracts moved lower on the week, and the market’s declines are likely not finished yet, one analyst says. Canola lost $42.90 in the […] Read more
Canola
ICE weekly outlook: Room for additional downside in canola
Canola charts turn bearish
CNS Canada — ICE Futures Canada canola contracts have crashed hard the past few days, losing roughly $40 per tonne since hitting some of their highest levels of the past […] Read more
Saudi Arabia boosts stake in G3 Canada
Winnipeg | Reuters — Saudi Arabia’s agriculture company has taken control of the majority investor in grain handler G3 Canada Ltd., according to a filing, reducing Bunge Ltd.’s stake and […] Read more
‘Veil of uncertainty’ shrouds Churchill’s shipping season
CNS Canada — Manitoba’s Port of Churchill is facing an uncertain grain shipping season, as ownership of the Hudson Bay facility is still up in the air, months after owner […] Read more
MP calls for mandatory GMO labels, echoes Vermont regulations
CNS Canada — A Quebec MP has tabled a new bill calling for mandatory labelling of genetically modified (GM) foods, following steps taken by lawmakers south of the border. Pierre-Luc […] Read more
ICE weekly outlook: Canola establishes range
CNS Canada –– ICE Futures Canada canola suffered small losses during the week ended Wednesday, with both the July and November contracts chopping around the $520 per tonne mark. Losses […] Read more
Alberta sacks AFSC board over top brass’ expenses
Alberta’s government has dismissed the board of its farm financing and crop insurance agency following an internal probe into “expense and procurement practices” for senior executives. Three unnamed senior executives […] Read more
Bayer ex-CEO reportedly opposed Monsanto deal
Frankfurt | Reuters — Bayer ex-chief executive Marijn Dekkers opposed the company’s plans for a US$62 billion takeover of U.S. seeds firm Monsanto, German magazine Der Spiegel reported. Dekkers warned […] Read more
Bayer waiting for Monsanto to engage after spurned bid
Reuters — Monsanto, the world’s largest seed company, has still not opened its books more than two weeks after it rejected Bayer AG’s US$62 billion acquisition offer but left the […] Read more
China’s COFCO Agri hiring grain traders, opening Winnipeg office
Winnipeg | Reuters –– Chinese state-owned agricultural trader COFCO Agri is opening a trading office in the Canadian grain hub of Winnipeg, adding to the aggressive expansion of its North […] Read more
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