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(JimPattison.com)
Crops, Machinery

Pattison to shut one Saskatchewan Deere dealership

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Pattison Agriculture’s chain of Deere ag equipment dealerships in Saskatchewan and Manitoba is preparing to cut one link. The Prairie farm equipment sales and service arm of B.C.’s Jim Pattison Group announced Tuesday on its website and social media it will permanently close its dealership at Foam Lake, Sask. effective Dec. 31. The Pattison store […] Read more
(WTO.org)
Markets

WTO tussles over hard stop or phase-out of appeals system

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Geneva | Reuters — The World Trade Organization (WTO) battled on Tuesday over whether to bring its Appellate Body to an abrupt halt or allow its adjudicators to settle a handful of pending cases, according to trade officials present at a meeting on the subject. The Trump administration has for more than two years been […] Read more
A freight train at Manchac, La., about 75 km east of Baton Rouge. (CN.ca)
Crops

CN strike to weigh on railway’s 2019 profit

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Reuters — Canadian National Railway on Tuesday cut its adjusted profit growth target for 2019, citing shipment delays from the country’s largest rail strike in a decade that ended last week. Shares in CN, which counts billionaire Bill Gates’ investment firm as its biggest shareholder, fell almost two per cent in morning trading in both […] Read more
CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat futures drop sharply

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Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures sagged 1.8 per cent on Tuesday, the biggest percentage loss for the most-active contract in two months, on a round of profit-taking and technical selling, traders said. U.S. corn futures closed narrowly mixed, with nearby contracts weighed down by the drop in […] Read more
CBOT March 2020 corn with 10-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn futures firm on technical buying

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Chicago | Reuters — U.S. corn futures firmed on Monday, edging up to their highest in nearly a month on a round of technical buying despite signs of poor demand, traders said. Soybean futures fell, with traders waiting for concrete signs of progress in trade negotiations between the U.S. and China before buying into a […] Read more
John Barlow, shown here in 2015, is the federal Conservatives’ new lead shadow cabinet minister for agriculture and agri-food. (Johnbarlowmp.ca)

Federal Tories’ former associate ag critic takes lead chair

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Andrew Scheer’s federal Conservatives will have a familiar face in the agriculture critic’s chair when the House of Commons reconvenes next month. Scheer on Friday named John Barlow, the MP for the southwestern Alberta riding of Foothills, as the lead opposition critic for agriculture and agri-food. Barlow replaces Quebec MP Luc Berthold, who takes up […] Read more
Jason Shapiro at Grain World. (MarketsFarm photo by Glen Hallick)
Crops, Markets

Grain World: Geopolitics is back dominating global relations

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Saskatoon | MarketsFarm — Geopolitics is again shaping the international scene, including China, Jason Shapiro explained here Thursday at the Grain World conference. Geopolitics, he said, resulted in catastrophic global wars and generated very little peace for close to a century. Shapiro, director of analysis for Geopolitical Futures — an Austin, Tex.-based international risk analysis […] Read more
Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)
Markets

A ‘little more work’ needed on CUSMA deal, Trudeau says

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Ottawa | Reuters — Canadian Prime Minister Justin Trudeau on Friday said a little more work needed to be done on a new continental trade deal which has run into opposition from some U.S. Democrats over labour and environmental provisions. Officials are trying to agree on a series of tweaks to the U.S.-Mexico-Canada Agreement (CUSMA) […] Read more
CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: CBOT wheat surges to five-month high

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Corrected, Nov. 30 — Chicago | Reuters — Chicago wheat futures exploded to a five-month high on Friday due to threats to global production and as fund scrambled to cover their short positions in the post-holiday market, traders said. The wheat rally gave support to Chicago corn futures, which hit a three-week high on the […] Read more
(Dave Bedard photo)
Crops

CN kicks off recovery after eight-day strike

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Reuters –– Canadian National Railway on Thursday said it was putting a recovery plan in place while ramping up operations after the country’s biggest rail strike in a decade. The eight-day-long work stoppage at Canada’s largest railroad sent shocks through the country’s economy with grain and propane shipments scuttled. The strike by about 3,200 conductors […] Read more

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