The 2022 Chevrolet Silverado ZR2. (Media.chevrolet.com)

GM’s pickup money machine gets a technology tuneup

Silverado ZR2 to appeal to extreme off-roading segment

Reading Time: 3 minutes Detroit | Reuters — General Motors will give its best-selling Chevrolet Silverado large pickup truck models a makeover next spring to fix competitive shortcomings that have left Chevy in third place in one of the most lucrative vehicle market segments in the world. Catching up with rival trucks from Stellantis NV and Ford Motor Co., […] Read more

File photo of a steak sandwich with chimichurri sauce at a street food market in Buenos Aires. (Aleksandr_Vorobev/iStock/Getty Images)

Argentina extends beef export cap, stoking farm tensions

Move seen as 'giving markets to other countries'

Reading Time: 2 minutes Buenos Aires | Reuters — Argentina extended beef export restrictions until the end of October on Tuesday, stoking tensions with the powerful farm sector as the government seeks to bolster domestic meat supply to help contain rising food prices. The move comes months before key mid-term elections, with centre-left President Alberto Fernandez keen to avoid […] Read more

Grain storage at a Russian seaport. (Pridannikov/iStock/Getty Images)

Tax, competition expected to prolong Russian wheat export season

Tax complicates forward sales for exporters

Reading Time: 2 minutes Moscow | Reuters — Exports of Russian wheat will stretch well into the second half of the season as Moscow’s export tax and tough competition with Ukraine and Romania slow sales until the end of 2021, traders and analysts said. Russia, the world’s largest exporter of wheat, generally sells most of its crop during the […] Read more

(CervusEquipment.com)

Brandt to buy Deere dealership chain Cervus

Regina firm to pay $302 million in all-cash deal

Reading Time: 2 minutes The world’s biggest privately-owned chain of Deere construction and forestry equipment dealerships is set to expand its reach into Deere farm equipment in a major way. Brandt Tractor, the equipment sales arm of the Regina-based Brandt Group, on Monday announced an agreement to buy all of publicly-traded Cervus Equipment Corp. for $19.50 a share, valuing […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market heating up

Volumes thin with auction barns in holiday mode

Reading Time: 2 minutes Compared to last week, western Canadian yearling steers traded $3-$4 higher while yearling heifers were steady to $2 higher. Mid-weight calves or young yearlings from 600 to 800 lbs. were $3-$5 higher on average. Calves under 600 lbs. were relatively unchanged. Favourable rains across the Prairies have enhanced crop prospects for barley and wheat. April […] Read more


Nutrien’s potash facility at Vanscoy, Sask. (Nutrien.com)

Nutrien to boost potash output on global demand

Reading Time: < 1 minute Reuters — Fertilizer company Nutrien said Monday it expects to increase potash production by about half a million tonnes in the second half of the year compared to earlier expectations, due to strong global demand. As crop prices rise, farmers have greater incentive to use fertilizer and maximize yields, boosting potash demand and spurring a […] Read more

CBOT May 2021 corn with 20- and 50-day moving averages. (Barchart)

U.S. grains: Nearby corn futures firm as USDA reports big sales to China

CBOT May soybeans, wheat also up

Reading Time: < 1 minute Chicago | Reuters — U.S. corn futures edged higher in actively traded nearby contracts on Tuesday on strong export demand after the U.S. Department of Agriculture confirmed the largest sales to China since January. Soybean futures were mixed, with nearby prices rising on concerns about South American harvest weather and spillover support from higher spot […] Read more

CBOT May 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Weak export sales report pushes soy, wheat lower

Weekly corn exports slip to eight-month low

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures fell 1.3 per cent on Thursday, after hitting a 6-1/2-year high overnight, on signs of poor export demand for U.S. supplies, traders said. Weak overseas demand also pressured the corn and wheat markets. “You had poor export sales,” said Jim Gerlach, president of U.S. broker […] Read more


(File photo by Dave Bedard)

Nutrien beats profit expectation on strong potash sales

Reading Time: 2 minutes Reuters — Canadian fertilizer maker Nutrien posted fourth-quarter profit above analysts’ estimates on Wednesday as potash demand rose amid rising crop prices, sending its U.S.-listed shares up in extended trade. Fertilizer producers have benefited from high U.S. crop exports, including record-large corn sales to China. With crop prices touching multi-year highs, farmers are poised to […] Read more

File photo of a cornfield in Argentina. (Reisegraf/iStock/Getty Images)

Argentina lifts corn export ban

Export suspension to be replaced with 30,000-tonne sales cap

Reading Time: < 1 minute Buenos Aires | Reuters — Argentina has lifted a suspension on corn exports announced in December and will opt instead for a temporary 30,000-tonne daily cap on sales abroad, its agriculture ministry said on Monday, backing off the more restrictive measure that had infuriated farmers in the South American grains powerhouse. The world’s No. 3 […] Read more