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Canola

DuPont’s headquarters in Delaware. (DuPont.com)
Crops, Reuters

DuPont, Dow set home towns for merged spinoff units

By
Reuters — DuPont and Dow Chemical said two of the three units to be created and spun off following the companies’ mega-merger will be based in DuPont’s home town, and one in Dow’s home town. The two chemical companies agreed to combine in an all-stock merger in December, valued at US$130 billion at the time, […] Read more
(Dave Bedard photo)
General, Markets, Reuters

Farm incomes set to fall from record high

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Reuters — Canadian farm incomes look set to fall in 2016 after a year of record profits, but will still reach above-average levels, according to a report from the federal government. Rising receipts for crops and livestock have boosted incomes in recent years, due to greater demand in developing countries and a weak Canadian dollar, […] Read more
Departure from average precipitation for the period from Nov. 1, 2015 to Feb. 15, 2016. (Map courtesy AAFC)
Crops, Weather

Drought watch kept on Alberta, early spring expected

By
CNS Canada — Above-average temperatures and limited precipitation could mean parts of the Prairies will struggle with soil moisture heading into the spring, according to one specialist. “The soil moisture that we have in the ground right now is similar to what we went into the winter with,” said Trevor Hadwen, agroclimate specialist with Agriculture […] Read more
(Dave Bedard photo)
Crops, Reuters

Cargill to stop selling seed, inputs in Black Sea region

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Chicago | Reuters –– Cargill will stop selling seeds, fertilizer and crop chemicals to farmers in the Black Sea region, as the global trader continues to cut back operations in the face of sliding commodity prices. The 150-year old company, one of the world’s largest privately held corporations, is in the middle of a restructuring […] Read more
(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola watching currency, soybeans

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CNS Canada — ICE Futures Canada canola contracts posted small gains during a choppy trading week ended Wednesday. Values were under pressure from the start due to a sharp break below major chart support on Feb. 9. Expectations of a large soybean crop from South America along with the ever-strengthening Canadian dollar put pressure on […] Read more
(PortOfThunderBay.com)
Crops, Weather

Ice-free Great Lakes mean sunny outlook for seaway

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CNS Canada — A lack of ice on the Great Lakes means Canada’s St. Lawrence Seaway will start shipping grain earlier than last year. Last year the seaway’s opening was delayed until the beginning of April, due to the amount of ice in the system, according to Bruce Hodgson, director of market development for St. […] Read more
Averaged sea surface temperatures and sea surface temperature anomalies worldwide for the week centred on Feb. 3. (CPC.ncep.noaa.gov)
Crops, Weather

Timing of La Nina to play key role in Prairie moisture

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CNS Canada –– As the El Nino weather phenomena slowly loosens its grip across Western Canada, many weather watchers say its impact has been somewhat underwhelming. However, one meteorologist said its lingering presence, coupled with the pending arrival of the La Nina weather event, may still play a large role in determining how much moisture […] Read more
(Nufarm.com)
Crops

Re-evaluation leads to retirement for Amitrol herbicide

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Health concerns raised during the federal re-evaluation of Nufarm’s pre-seeding burndown herbicide Amitrol 240 have led the company to stop selling the product for nearly all uses in Canada, starting later this summer. The company said Wednesday it will retire Amitrol — a non-selective Group 11 liquid whose active ingredient, amitrole, has been on the […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Crude’s slide hampers demand for Canadian biofuel

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CNS Canada — The trickle-down effect of slumping crude oil prices is being felt in the Canadian biofuel market and softening demand for corn and soybeans. Traditionally, ethanol is cheaper than gasoline, which encouraged processors to blend more than the mandated amount, according to Andrea Kent, president of the Canadian Renewable Fuels Association (CRFA). “When […] Read more

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