U.S. fertilizer firm Mosaic Co. expects Saskatchewan’s new changes to its potash royalty structure to cost the company up to an extra US$100 million in 2015. Minnesota-based Mosaic said Monday […] Read more
Markets/Business
Mosaic bracing for royalty hit from Sask. potash policy
Klassen: Feeder cattle jump $4 to $6 in West
Western Canadian feeder cattle prices jumped $4-$6 over the past week as strengthening feeding margins enhanced buying interest for replacement cattle. Noticeable gains were noted in eastern Saskatchewan and Manitoba […] Read more
Prairie wheat bids weaken slightly, basis improves
CNS Canada –– Wheat cash bids across Western Canada moved slightly lower in most classes during the week ended Friday, amid softness in U.S. futures and improving basis levels. Average […] Read more
ADM buys Belgian veg oils company AOR
Reuters — Archer Daniels Midland is buying AOR NV, a privately held edible oils bottler and distributor based in Antwerp, Belgium, the U.S. grain company said Monday. Chicago-based ADM did […] Read more
U.S. grains: Wheat up four per cent on dry Plains conditions
Chicago | Reuters — Chicago Board of Trade wheat futures rose more than four per cent on Monday as dry conditions in parts of the U.S. Plains, coupled with hot […] Read more
U.S. livestock: CME hogs close firm after USDA report
Chicago | Reuters — Chicago Mercantile Exchange lean hogs gained modestly on Monday, helped by short-covering and deferred-month buying pegged to Friday’s U.S. Department of Agriculture quarterly hog report, traders […] Read more
Railways’ mandatory minimum grain handles ending
Canada’s big two railways can resume moving grain at their own pace as the federal government’s order in council setting mandatory minimum grain traffic quotas is set to expire unrenewed. […] Read more
Minogue: Farmers sought to get skin in crop input game
Weyburn, Sask. –– Barrie Mann is here to remind about five dozen farmers what their biggest farm expense is. And what he’s proposing to them at this meeting Thursday is […] Read more
USDA hog report confirms active herd growth as PED fears ease
Reuters — The U.S. hog herd grew seven per cent during the December-February quarter versus the same period last year, a U.S. Department of Agriculture report showed on Friday, reflecting […] Read more
Russia seen removing wheat tax in July if inflation slows
Moscow | Reuters — Russia, one of the world’s leading wheat exporters, will probably not extend a tax on wheat exports, imposed until June 30, if optimism over lower inflation […] Read more
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