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Canola

(Photo courtesy Canola Council of Canada)
Canola, Crops

Huge weekly canola deliveries In latest CGC report

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Winnipeg/Commodity News Service Canada – ‘A lack of significant farmer selling’ has been a common talking point from analysts whenever they’ve had to account for some unexplained strength in the canola market in recent weeks. However, that line may need to be retired, as the official data tells a different story. According to Canadian Grain […] Read more
Producers are seeing poor returns when growing cereals, especially spring wheat, when compared with alternative crops. Photo: File
Crops

Cereals North America: W. Canada to see marketing shifts

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Winnipeg/Commodity News Service Canada – Crops in Western Canada saw a range of weather conditions this year, resulting in lower production and higher protein. That means there will be a marketing shift next year, according to Bruce Burnett, weather and crop specialist with G3 Canada (formerly CWB), speaking at a Cereals North America conference in […] Read more
Canola, Markets

Canola testing chart support

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CE Futures Canada canola contracts settled at their weakest levels in over a month on Oct. 29, and could be poised for further losses from a chart standpoint. The most active January contract settled at $471.20 per tonne on Oct. 29, which was below all of the major moving indicators and the weakest level for […] Read more
Canola, Crops

Scorching heat delays India’s rapeseed sowing

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Mumbai / Reuters – Above-normal temperatures have delayed rapeseed sowing in India’s top producing region by more than a fortnight and restricted acreage expansion, even though prices are trading near record highs, industry officials said. The delays are helping support rapeseed prices and could force the world’s biggest edible oil importer to increase overseas purchases of […] Read more
(MonsantoStore.corpmerchandise.com)
Crops, Reuters

Monsanto to shut three R+D centres next year

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Chicago | Reuters –– Agrichemical company Monsanto plans to shutter three research and development centers in 2016 with a loss of about 90 jobs, it said Monday, as it restructures operations to cut costs in a slumping agricultural commodity market. The centers are in Middleton, Wisconsin, and Mystic, Connecticut, both of which focus on seed […] Read more
(Dave Bedard photo)
Livestock, Markets, Reuters

Tim Hortons owner profit beats Street on lower costs, new items

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Reuters — Restaurant Brands International, owner of Burger King and Tim Hortons, reported a better-than-expected quarterly profit, helped by new menu items and lower costs. Most of Restaurant Brands outlets are in the U.S. and Canada. But the company has been opening new restaurants in France, Brazil, Russia and India, following its peers such as […] Read more
(Barry Wilmore photo courtesy NASA)
Crops, Markets

Global markets: U.S. Federal Reserve to meet this week

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CNS Canada –– The following is a glance at the news moving markets globally. U.S. FEDERAL RESERVE TO MEET, MAKE POLICY ANNOUNCEMENT — Members of the U.S. Federal Reserve are starting their meeting on Tuesday, and are expected to conclude on Wednesday. Markets fell ahead of the meeting as investors were uncertain about the outcome […] Read more
Livestock, Markets, Reuters

Indonesia’s president says country intends to join TPP

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Washington | Reuters –– Indonesian President Joko Widodo, speaking after a meeting with U.S. President Barack Obama on Monday, said his country intends to join the Trans-Pacific Partnership trade deal the U.S. has forged with Canada and 10 other countries. “We are the largest economy in Southeast Asia,” Widodo said through a translator. “And Indonesia […] Read more

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