Crops
Winnipeg | Reuters –– As some Western Canada farmers watched rain and snow turn their ripening canola fields into bogs, Rob Stone could count his blessings. Harvest weather was kinder […] Read more
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Crops
Harvest woes rally canola, turn some farmers into winners
CP trims outlook on delayed Prairie harvest
Rain delays in this year’s Prairie grain harvest have bit into third-quarter revenues and earnings expectations for Canadian Pacific Railway (CP). The Calgary company on Wednesday booked overall net income […] Read more
ICE weekly outlook: Canola watches weather amid uptick in price
CNS Canada –– Canola futures burst through the psychologically-important $500 per tonne mark during the week ended Wednesday, but now face a critical juncture as weather and time will dictate […] Read more
CBOT weekly outlook: Large U.S. soy, corn crops hit resistance
CNS Canada — Soybean and corn futures at the Chicago Board of Trade have moved up over the week ended Wednesday, but remain stuck in sideways trading ranges overall as […] Read more
U.S. grains: Soybeans and corn firm, led by crude oil
Chicago | Reuters — U.S. soybean futures rose on Wednesday on technical buying, export demand and spillover strength from crude oil, analysts said. Corn tracked soybeans higher while wheat settled […] Read more
Carbon price worries farmers, fertilizer makers
Winnipeg/Toronto | Reuters — Canada’s plan to price carbon emissions may weaken the farm sector in one of the biggest grain-shipping countries, raising farmers’ costs and discouraging investment in fertilizer […] Read more
U.S. grains: Soybeans fall from peak on weak cash market
Chicago | Reuters — U.S. soybean futures fell for the first time in four sessions on Tuesday, pressured by a weak cash market and by profit-taking after hitting a 3-1/2-week […] Read more
End of reefer madness could clear air for Canadian hemp
CNS Canada — Anticipated legislative changes for marijuana production could spill over to hemp, according to the head of an industry group — but this year, Canada’s hemp producers are […] Read more
Canada’s Onex to buy U.S. grocery chain Save-A-Lot
Reuters — Food retailer and wholesaler Supervalu Inc. said it will sell its Save-A-Lot business to Canadian private equity firm Onex Corp. for US$1.37 billion rather than spinning off the […] Read more
U.S. grains: Soybeans climb one per cent, led by veg oils
Chicago | Reuters — Front-month U.S. soybean futures rose more than one per cent on Monday, hitting a three-week high on export demand and renewed strength in global vegetable oil […] Read more