Manitoba’s Keystone Agricultural Producers has joined other farm groups in calling on the federal government to keep a regulation that allows farmers to defer grain sales into the following year for tax purposes. The government announced in its recent budget that it is considering eliminating grain ticket deferrals because it is a left over from […] Read more
Cereals
Keystone Agricultural Producers defends cash ticket deferrals
Grain revenue, grain handle higher in CP’s Q1
Increased grain and potash traffic and revenue helped Canadian Pacific Railway book a shift to “positive volumes” in its first-quarter ledger. Calgary-based CP on Wednesday reported net income of $431 million on revenues of $1.603 billion for its quarter ending March 31, down from $540 million on $1.591 billion in the year-earlier period. “We turned […] Read more
CBOT weekly outlook: Corn, soy tied to technicals amid large supplies
CNS Canada –– Corn and soybean markets look to be rangebound over the next three weeks as U.S. farmers try to get their crops planted, according to a market-watcher. “We’re slightly behind but that can be made up quickly with the equipment we have,” said Scott Capinegro, president of Barrington Commodity Brokers in Barrington, Illinois. […] Read more
VIDEO: Underground undies measuring the health of soil
Are you bold enough to soil your undies? The Soil Conservation Council of Canada (SCCC) is and it recently kicked off National Soil Conservation Week by burying several pairs of men’s cotton underwear up to the waistband. After 60 days in six inches of soil, what will it all mean? A healthy soil will show that the […] Read more
Fear of feed expected to keep malt barley acres low
CNS Canada — Concerns about weather dictating the quality of malt barley is keeping producers from seeding the crop this year, one industry participant says, while weak prices offer no extra incentive. “Acres are definitely going to be down, because of the fear of getting feed barley, which is horrendously low-priced,” said Rod Green of […] Read more
Manitoba corn producers wait for fields to dry out
CNS Canada — Warm, dry weather is on the wish list for Manitoba corn farmers as they wait for fields to dry out so they can begin planting. The southwest corner of the province appears to be the wettest, while other areas are drying nicely, according to Pam de Rocquigny, general manager of the Manitoba […] Read more
Post tucks into British breakfast cereal Weetabix
London/Shanghai/New York | Reuters — Post Holdings is buying leading British breakfast cereal brand Weetabix from China’s Bright Food Group for 1.4 billion pounds (C$2.4 billion), giving the U.S.-focused company a European base on which to build. The combination will help Post’s existing brands, which include Honey Bunches of Oats and Grape-Nuts, to expand overseas, […] Read more
U.S. grains: Soybeans, corn drop as wheat edges higher
Chicago | Reuters — U.S. soybean futures fell on Tuesday for the second day in a row, hitting a one-week low as traders locked in profits from last week’s rally. Corn futures sank 1.4 per cent, as the latest weather outlook called for dry conditions in the Midwest that will allow farmers to pick up […] Read more
Flour recalls widen in E. coli probe
Federal public health officials and flour miller Ardent Mills are warning Canadians to follow “safe flour handling practices” as an E. coli-related flour recall widens from one specific batch of Robin Hood flour to include several other Ardent-made products. The Canadian Food Inspection Agency on Sunday updated its food recall warnings to include several lots […] Read more
Saskatchewan budget seen as costly touch for farms
Saskatchewan’s general farm organization is consulting its farmer members on less-discussed features of last month’s provincial budget, while warning them to brace for impact from new budget-related costs. The Agricultural Producers Association of Saskatchewan last Monday wrapped up its latest round of spring district meetings, at all six of which APAS general manager Duane Haave […] Read more
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