Over 1,300 Deere front-end loader attachments sold in Canada are being recalled over what’s missing from their operator manuals. Deere and Co. and Health Canada on Thursday announced a recall for certain 120R John Deere loaders sold from May through September last year. “The ballasting information for the loader when attached to a John Deere […] Read more
Deere recalls loader attachments over manual omission
U.S. grains: Wheat hits 10-month high on weather, turns lower
Chicago | Reuters — U.S. wheat futures eased from 10-month peaks on Thursday as profit-taking eroded early gains stemming from dry weather in the U.S. Plains and other major growing areas around the world. Soybeans slipped from three-week highs as hedge-related selling offset earlier support from signs of renewed export demand from top buyer China. […] Read more
U.S. grains: Soybeans climb on hopes for renewed demand from China
Chicago | Reuters –– U.S. soybean futures scaled to a 2-1/2-week high on Wednesday as signs of renewed Chinese demand for U.S. exports lifted prices for a fourth straight session. Corn reached a 9-1/2 month peak on concerns about planting and early crop development due to adverse weather, while wheat extended prior-session gains as dry […] Read more
Federal rail freight legislation clears Senate
Canada’s Senate has passed federal legislation that grain grower groups have hoped will help improve rail freight service for the sector this year. Bill C-49, the Transportation Modernization Act, passed third reading in the Senate on Tuesday following a 41-31 vote to approve a message that the Senate “does not insist on its amendments” to […] Read more
Canada says NAFTA officials in constant contact on trade talks
Ottawa | Reuters — Top U.S., Canadian and Mexican officials are in constant contact about slow-moving talks to revitalize NAFTA and are ready to meet at any time to push the process forwards, Canada’s foreign minister said on Tuesday. Negotiations to update the North American Free Trade Agreement have stalled as Canada and Mexico try […] Read more
U.S. grains: Wheat rallies on Plains dryness, technical buying
Chicago | Reuters — U.S. wheat futures surged nearly three per cent on Tuesday on technical buying and crop production concerns due to dry weather in the U.S. Plains wheat belt and other major production areas around the globe. Corn futures advanced on spillover support from wheat, while soybeans advanced on follow-through buying from Monday’s […] Read more
U.S. grains: Soybeans surge on U.S.-China trade truce
Chicago | Reuters — U.S. soybean futures jumped more than two per cent on Monday after Washington and Beijing agreed to drop tariff threats, easing fears that demand for U.S. shipments to top importer China could slow. Corn prices were little changed, while wheat dropped on crop-boosting rains in the U.S. Plains wheat belt and […] Read more
Deere plans price increases to offset rising costs
Chicago | Reuters — Shares of Deere and Co. soared Friday after the U.S. tractor maker revised up its full-year earnings estimate on stronger equipment demand and shared its plans to increase prices to offset increased costs. The company’s stock was up 6.4 per cent at $156.24 in early afternoon trading on the New York […] Read more
U.S. grains: Wheat futures jump
Chicago | Reuters — U.S. wheat futures rallied on Friday, with the benchmark Chicago Board of Trade soft red winter wheat contract surging 4.1 per cent on forecasts for dry conditions that could further stress an already damaged crop. The weather outlook also threatened to slow planting progress in the U.S. Midwest, which was supportive […] Read more
Feed weekly outlook: Prairie grain prices start to soften
CNS Canada — After a winter with tight supplies leading to a feed grain price rally in Western Canada, prices are starting to back off. “It’s been breaking free a little bit. Kind of surprisingly this year it took till seeding time to see that happen. We’ve seen markets rally right up till May,” said […] Read more
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