Reuters — Glencore is in talks with a Saudi Arabian sovereign wealth fund and China’s state-backed grain trader COFCO, along with Canadian pension funds, to sell a stake in its […] Read more
Flax
Glencore reported in talks on agriculture assets
StatsCan comes in at low end of expectations for canola
CNS Canada — Despite an upward revision of nearly a million tonnes in Statistics Canada’s latest report, most analysts expect canola production will keep climbing further. StatsCan on Friday morning […] Read more
CHS says Viterra intriguing at right price
Chicago | Reuters — U.S. farm co-operative and grains trader CHS Inc. would be interested in the Canadian grain handling assets of embattled commodities trader Glencore, but only if they […] Read more
Next StatsCan survey expected to show larger canola, wheat crops
CNS Canada — Yields are generally beating earlier expectations as the harvest progresses across Western Canada, which should lead to upward revisions to canola and wheat when Statistics Canada releases […] Read more
Glencore reported moving ahead on ag stake sale
Commodities firm Glencore, the owner of Prairie grain-handling heavyweight Viterra, is reported as already moving forward on plans to bring minority investors into its ag business. Glencore announced earlier this […] Read more
Flax crop could average 30 bushels an acre
CNS Canada –– Canada’s 2015-16 flax crop could be about 30 per cent bigger than last year’s, according to an expert in the industry. “A million tonnes is what they’re […] Read more
Sales from organic U.S. farms reached $5.5B last year
Chicago | Reuters — Sales from organic U.S. farms reached US$5.5 billion last year, a 72 per cent increase from 2008, the U.S. Agriculture Department said in a report on […] Read more
‘Megatrends’ expected to move ag sector in future
CNS Canada — Health-conscious customers with money to spend will be looking to purchase more food over the next 20 years, while changing technologies and global economic uncertainty will bring […] Read more
Severe ‘food shocks’ seen more likely due to extreme weather
London | Reuters — Extreme weather such as intense storms, droughts and heatwaves will cause more frequent and severe food shortages as the global climate and food supply systems change, […] Read more
Yields to take precedence over acres in Canada
CNS Canada –– Canadian farmers seeded a bit more canola and a bit less wheat than originally expected, according to updated acreage estimates from Statistics Canada, released Tuesday. However, worsening […] Read more