Chicago | Reuters — U.S. wheat futures fell to their lowest in 10 days on Monday, led by a 3.4 per cent drop in K.C. hard red winter wheat prices, on forecasts for rain in key growing areas that will provide relief to a drought-stressed crop, traders said. “Wheat prices are lower, with longs running […] Read more
U.S. grains: Wheat futures drop as weather improves
Richardson moves further into eastern Alberta retail
Grain firm Richardson Pioneer’s crop input retail business is expanding into an area of eastern Alberta its network hasn’t yet reached. The company, an arm of Winnipeg-based agrifood firm Richardson International, closed a deal April 4 to buy Eagle Agro Services, an inputs dealer at Veteran, Alta., about 200 km east of Red Deer. The […] Read more
Steel tariff shrapnel hits U.S. farmers
Kane County, Ill. | Reuters — Lucas Strom, who runs a century-old family farm in rural Illinois, canceled an order to buy a new US$71,000 grain bin last month — after the seller raised the price five per cent in a day. The reason: steel prices jumped right after U.S. President Donald Trump announced tariffs. […] Read more
Extended winter could lead to more Prairie oat acres
CNS Canada — With winter still hanging on across Western Canada, one buyer thinks it could lead to an uptick in oat acres. “Later seeding generally increases oat acres. We’d rather see them seeded earlier but farmers have had a tendency when things get late (to) throw some more acres into oats,” said Scott Shiels […] Read more
OPINION: Lots of transportation questions as Parliament returns
Parliament will have its work cut out for it on the transportation file when it returns April 16. Just before adjourning for the Easter break, the Senate passed a heavily amended version of bill C-49, the Liberals proposed overhaul of the Canadian transportation system. In total, the Senate transportation committee passed 19 amendments – three […] Read more
U.S. grains: Wheat at one-week low on wetter U.S. outlooks
Chicago | Reuters — U.S. wheat futures fell on Friday to a one-week low, pressured by forecasts for much-needed rain late next week in the southern Plains winter wheat belt, analysts said. Corn followed wheat lower amid a lack of fresh supportive news, and soybeans turned down, erasing early advances, as nervous traders booked profits […] Read more
Kubota to relocate Canadian warehousing
Japanese tractor and equipment maker Kubota’s Canadian arm plans to decamp its warehousing and head office next year for a new “state of the art” space 25 km east. Kubota Canada announced Thursday it will move those operations from Markham, Ont. to a new facility it will build at Pickering by the end of 2019. […] Read more
U.S. to take another look at Pacific trade pact
Washington | Reuters — U.S. President Donald Trump has asked his trade advisers to look at rejoining the Trans-Pacific Partnership, a multinational trade pact he withdrew the U.S. from last year, White House spokeswoman Lindsay Walters said. Republican senators met with Trump on Thursday and he told them that he has asked U.S. Trade Representative […] Read more
Prairie drought conditions improve
CNS Canada — While drought conditions in Western Canada have improved following late-season snowfall, it isn’t a completely rosy picture just yet. “We have seen significant departures from normal in terms of precipitation (on the Prairies over) a long period. The winter hasn’t been above average (for precipitation) so there hasn’t been a whole lot […] Read more
U.S. grains: Wheat sags on sluggish export demand
Chicago | Reuters — U.S. wheat futures fell more than one per cent on Thursday on reminders of ample world supplies and strong competition for export business, along with some forecasts for much-needed rains next week in the U.S. Plains, analysts said. Soybean futures rose on export demand for U.S. supplies, and corn ended modestly […] Read more
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