Pulses Archives - Page 223 of 266

Kraft walks away from ‘friendly’ bid for Unilever

By Carl O'Donnell February 20, 2017

New York | Reuters –– U.S. food company Kraft Heinz withdrew its proposal for a US$143 billion merger with larger rival Unilever, the companies said Sunday, raising questions about whether Kraft will turn its focus to another target. Kraft had made a surprise offer for Unilever to build a global consumer goods behemoth — an […] Read more

Crops, Weather

Saskatchewan approves largest multi-farm drainage plan

By Canadian Cattlemen Staff February 19, 2017

Saskatchewan’s provincial Water Security Agency has signed off on what it describes as the largest single agricultural drainage project in the province’s history, with more projects of a similar scale to come. The province announced Thursday it has issued a single approval for 73 landowners in the province’s southeast to set up an “organized and […] Read more

Crops, Reuters

Austere empire-building weighs on Kraft’s Unilever bid

By Lauren Hirsch, Michael Flaherty February 18, 2017

Reuters — Buyout firm 3G Capital managed to build a consumer empire with a market value of over US$140 billion in just seven years. Yet its ruthless approach to costs may end up hampering 3G-backed Kraft Heinz’s US$143 billion bid for Unilever Plc. 3G made its name in corporate America by orchestrating large debt-laden acquisitions […] Read more

Crops, Weather

Large number of vessels waiting to load at West Coast

By Phil Franz-Warkentin February 16, 2017

CNS Canada — A large backlog of ships is waiting to load grain at Canada’s West Coast due to a combination of poor weather, early arrivals and railroad logistical issues. The Port of Vancouver lineup included 26 vessels as of Tuesday, according to the latest weekly report from the federal Grain Monitoring Program administered by […] Read more

Syngenta’s headquarters in Basel, Switzerland. (Photo courtesy Syngenta)

Crops

Canada’s competition watchdog clears Syngenta takeover

By Canadian Cattlemen Staff February 14, 2017

Canada’s farmers aren’t likely to see less competition for their crop chemical dollars if the owner of Adama Canada buys Syngenta, the Canadian antitrust watchdog has ruled. The Competition Bureau on Tuesday issued a “no action” letter for the takeover of Syngenta by China National Chemical Corp. (ChemChina), saying the deal is “unlikely to result […] Read more

Vegreville’s giant pysanka is a well known landmark in eastern Alberta. (Vegreville.com)

Crops

Viterra plans new eastern Alberta elevator

By Canadian Cattlemen Staff, GFM Network News February 14, 2017

Glencore’s Prairie grain handling arm Viterra plans to stake a new claim in the northeastern Alberta market with a new high-throughput elevator at Vegreville. The company announced Monday it has picked up the necessary regulatory approvals and expects to start construction along Canadian National Railway (CN) track this spring. The elevator is expected to have […] Read more

Crops, Markets

Grainews editor, investment columnist Andy Sirski, 73

By Canadian Cattlemen Staff February 13, 2017

Memorial services will be held Friday in Winnipeg for Andy Sirski, the ag rep turned farm writer who encouraged Prairie producers to expand their views of financial planning beyond the farm gate. Sirski was best known to farmers in his role as editor of Grainews from 1995 to 2006 and as the farm journal’s “Off-Farm […] Read more

Crops

Ocean freight rates pointed down, but well off year-ago lows

By Phil Franz-Warkentin February 10, 2017

CNS Canada — Ocean freight rates are trending down, but are still well off the record lows seen exactly a year ago. The Baltic Dry Index (BDI), compiled daily by the London-based Baltic Exchange, provides an assessment of the price of moving major raw materials by sea, including grain. The BDI was quoted at 702 […] Read more

BNSF crews clear track near Lemmon, S.D., about 300 km northeast of Rapid City, in late December 2016. (BNSF.com)

Crops, Reuters, Weather

Snow, avalanches, rain delay grain movement to U.S. ports

By Reuters February 10, 2017

Chicago | Reuters — Severe winter weather has slowed rail deliveries of crops to shippers in the U.S. Pacific Northwest, sending freight rates soaring and prompting Asian buyers to seek fill-in loads as they wait for the backlog at ports to clear. Blizzards, avalanches and heavy rain in recent weeks have hit transport of corn, […] Read more

An Agrium fertilizer distribution facility west of Portage la Prairie, Man. (Dave Bedard photo)

Crops, Reuters

Agrium forecasts less profitable year than expected

By Reuters, GFM Network News February 10, 2017

Reuters — Fertilizer maker Agrium, the world’s biggest farm retailer, on Thursday forecast a less profitable year than expected and said its quarterly profit plunged. The Calgary-based company said after normal trading hours that it expects to earn $4.50-$6 per share in 2017. The midpoint of $5.25 fell below analysts’ average estimate of $5.45, according […] Read more

Daily Network News

U.S. livestock: Cattle rebound on technical buying

U.S. grains: Soybeans fall as rapid harvest overshadows China trade hopes

Good weather pushes Alberta harvest along

Pulses

Kraft walks away from ‘friendly’ bid for Unilever

Saskatchewan approves largest multi-farm drainage plan

Austere empire-building weighs on Kraft’s Unilever bid

Large number of vessels waiting to load at West Coast

Canada’s competition watchdog clears Syngenta takeover

Viterra plans new eastern Alberta elevator

Grainews editor, investment columnist Andy Sirski, 73

Ocean freight rates pointed down, but well off year-ago lows

Snow, avalanches, rain delay grain movement to U.S. ports

Agrium forecasts less profitable year than expected

Canadian Cattlemen Presents: Depth of Field

Blogs

Cows ain’t coal

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