Winnipeg | Reuters — State-owned Chinese agribusiness Cofco Corp. looks to buy 2.5 million tonnes of Canada’s canola crop next year, a boost of more than one-third over its expected […] Read more
China’s Cofco seeks larger Canadian canola volumes
Agrium sells U.S. plants to ease Potash Corp merger concerns
Winnipeg | Reuters – Canadian fertilizer producer and farm supplier Agrium Inc said on Tuesday it will sell its Idaho phosphate production facility for $100 million to fertilizer company Itafos, […] Read more
Saputo woos Australia farmers in Murray Goulburn rebuild
Winnipeg | Reuters — Saputo, one of Canada’s largest dairy producers, aims to return Australia’s Murray Goulburn Co-operative to profit by aggressively pursuing more of the country’s milk supply, its […] Read more
PotashCorp Q3 profit disappoints ahead of merger
Reuters — Canada’s PotashCorp, set to merge with rival Agrium to withstand a fertilizer slump, reported a smaller-than-expected quarterly profit Thursday and narrowed its full-year forecast, pressuring its stock. Prices […] Read more
Mosaic shares tumble on disappointing fertilizer guidance
Reuters – U.S. fertilizer producer Mosaic Co on Tuesday forecast slower phosphate sales and weaker prices for the current quarter, causing shares to plunge as much as 9 percent. The […] Read more
Global buyers of quality wheat face disappointment in Canada
Winnipeg/Chicago | Reuters — Buyers looking to Canada for high-quality wheat to make bread as drought roils output in the northern U.S. may be thwarted, as dry weather has also […] Read more
U.S. dairy lobby increases pressure on Canada
Ottawa/Winnipeg | Reuters — The U.S. dairy lobby is ratcheting up the pressure on Canada as talks to renegotiate NAFTA draw closer, demanding concessions the Canadian government looks unwilling to […] Read more
Canada, other countries raise meat inspection bar for Brazil
Winnipeg/Chicago | Reuters — Meat-importing countries from North America to Europe and Asia have tightened inspection standards for shipments from Brazil in a bid to protect consumers, following a probe […] Read more
Canada’s Richardson buys European Oat Millers
Winnipeg | Reuters –– Richardson International, one of Canada’s largest grain handlers, said Monday it had purchased European Oat Millers in a deal that expands its geographic reach. The acquisition […] Read more
Trade sees Canadian farmers trimming wheat, canola acres
Winnipeg | Reuters — Soggy spring conditions in key crop-growing areas of the Canadian Prairies left farmers unable to plant as much as they intended, but canola seedings still look […] Read more
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