The grain firm formerly known as the Canadian Wheat Board has laid out plans for a fourth Prairie elevator — this time much closer to home. Winnipeg-based CWB on Friday […] Read more
Markets/Business
CWB plans Red River Valley grain elevator
Conservative StatsCan production estimates downplayed
CNS Canada — Statistics Canada’s updated production estimates came in Friday at the low end of pre-report trade expectations — but the timing of the survey had most industry watchers […] Read more
Dow Agro to offer Nexera as ‘commodity’ canola
Growers of Dow AgroSciences’ identity-preserved Nexera hybrid canola may be able to grow it off-contract next spring and drop it into the regular commodity market, through a new deal on […] Read more
U.S. grains: Wheat rebounds from four-year low on exports
Chicago | Reuters –– U.S. wheat futures set a two-week high on Thursday, rebounding from last week’s four-year lows on larger-than-expected weekly export sales data, traders said. Soybeans and corn […] Read more
Mustard bids dropping due to lack of contracts
CNS Canada — Bid levels for Canadian mustard are dropping, according to an industry expert who says many producers grew crops without a contract. “Half the acres in Saskatchewan would […] Read more
Flax prices too high, harvest pressure to weigh
CNS Canada –– A late harvest and good nearby demand are keeping flaxseed prices artificially high, but spot bids appear to have room to drop by as much as $2 […] Read more
U.S. livestock: CME live, feeder cattle repeat record highs
Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures on Thursday rose to a record high for a second consecutive session, supported in part by improved wholesale beef prices, […] Read more
Agrium forecasts smaller-than-expected quarterly profit
Reuters — Fertilizer and ag retail firm Agrium said Wednesday it expected third-quarter earnings from continuing operations of 45 cents to 55 cents per share, falling short of Wall Street […] Read more
Chicago corn to test US$3 mark by mid-month, analyst says
CNS Canada — Corn futures on the Chicago Board of Trade were lower during the week ended Wednesday, as funds continued to try and take advantage of new lows on […] Read more
Russia surprises peers with early wheat export market exit
London/Moscow | Reuters — Russian wheat has made a surprise early exit from key global export markets, despite the country’s near-record crop, after domestic prices rose in the fallout from […] Read more
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