(CBrands.com)

Constellation considering Canadian wine IPO

Reuters — Constellation Brands said on Wednesday it was considering taking a part of its Canadian wine business public and reported better-than-expected quarterly net sales, helped by strong demand for its premium Corona and Modelo beers. Shares of the New York-based wine, beer and spirits company, which forecast full-year profit largely above estimates, rose as […] Read more




(Dave Bedard photo)

CPP reported in talks for stake in Glencore agribusiness

Reuters — Commodity trading and mining firm Glencore is in advanced talks to sell a stake in its agricultural business to the Canada Pension Plan Investment Board (CPPIB), the Wall Street Journal reported, citing people familiar with the matter. The CPPIB would take a stake of up to 40 per cent, valuing the business at […] Read more



(Photo courtesy Canada Beef Inc.)

U.S. livestock: CME feeder cattle limit up on bearish corn data

Chicago | Reuters –– Chicago Mercantile Exchange feeder cattle futures on Thursday settled up their 4.5-cents/lb. maximum daily price limit, spurred by the morning’s bearish government grain report, traders said. U.S. farmers intend to plant 93.6 million acres of corn and 82.2 million acres of soybeans in 2016, the U.S. Department of Agriculture said on […] Read more





(Canada Beef Inc. photo)

Feed barley due for spring rally

CNS Canada –– Feed barley in Western Canada usually sees a spring rally at this time of year, although the uptrend this year will be limited by large supplies still overhanging the market. Feed grains had trended lower through late February and into early March, with feed wheat leading to the downside. Losses in feed […] Read more

(Rahr.com)

Alberta to launch malt barley insurance

Alberta is set to launch Canada’s first crop insurance product for malt barley this year. The province’s Agriculture Financial Services Corp. (AFSC) last week said it will now provide insurance coverage for a malting end-use for growers with malt barley contracts. The coverage is subject to a contract from a licensed buyer, with a minimum […] Read more