The Indian Farmers Fertilizer Co-operative (IFFCO), one of India’s largest fertilizer makers, plans to build a $1.2 billion nitrogen fertilizer plant with a partner in Quebec to cash in on strong North American demand. IFFCO and La Coop federee said Tuesday they plan to begin construction at Becancour, Que., across the St. Lawrence River from […] Read more
Coop Federee, India ag co-op plan Quebec N plant
CFIA inspectors cite delays getting tainted meat data
Canadian food inspectors could not immediately get key information from packer XL Foods after detecting E. coli bacteria in its beef, adding to a nearly two-week delay in launching one of the country’s largest-ever meat recalls. Authorities learned about the presence of E. coli O157:H7 in beef produced at the XL Foods plant at Brooks, […] Read more
Massive beef recall seen unlikely to rattle buyers
A huge recall of Canadian beef because of E. coli contamination is unlikely to slow that country’s beef consumption or its exports, analysts say, largely because the public has become familiar with E. coli. On Friday, the Canadian Food Inspection Agency (CFIA) temporarily shut down privately held XL Foods’ beef-packing plant at Brooks, Alta., where […] Read more
Disappointing canola harvest sets off battle for supplies
A disappointing Canadian canola crop is setting up a tug-of-war between domestic crushers and exporters over supplies, with global vegetable oil markets already stretched tight by a drought-damaged U.S. soybean crop. Canadian farmers were expected to shatter the record for canola production and harvest 15.4 million tonnes of the oilseed in 2012-13, according to Statistics […] Read more
U.S. wheat up as Russia says may curb exports
Wheat prices climbed on Friday as Russia’s economy minister raised the possibility of grain export curbs by the world’s third-largest wheat shipper. Soybeans rose late, but posted their biggest weekly loss in a year. Corn edged higher, but ended with its largest weekly loss in more than three months. Russia, which accounted for 14 per […] Read more
U.S. soy driven to six-week low on harvest, technical selling
U.S. soybeans and corn fell on Thursday as the brisk pace of the domestic harvest and global economic worries dampened investor sentiment after drought lifted prices to record highs this summer. The lower prices triggered further selling based on technical indicators, taking soybeans down three per cent to a six-week low and knocking corn down […] Read more
CWB single-desk backers file for Supreme Court hearing
Supporters of Western Canada’s now-defunct grain marketing monopoly hope to take their fight against the Canadian government to the country’s highest court. Eight farmers, who were once on the Canadian Wheat Board’s board of directors, said they filed papers on Wednesday to ask the Supreme Court of Canada to hear their appeal of a lower […] Read more
Bargain buyers grab U.S. grains after selloff
U.S. soybeans rose nearly two per cent on Wednesday after their biggest two-day selloff in seven weeks, and corn and wheat also climbed on buying interest at lower prices. Soybeans had fallen sharply this week on expectations crop yields across the drought-stricken U.S. Midwest will exceed forecasts as harvesting achieves a record pace. But there […] Read more
Manitoba’s KAP calls for nine-figure hog farm aid
Money-losing hog farmers in Manitoba, hurt by high feed costs, need between $130 million and $150 million in government loan guarantees to survive, the Prairie province’s biggest farm group said Monday. Severe drought in the United States has decimated crops, which has led to higher costs for feed grains and pushed North American hog farmers […] Read more
U.S. soy posts biggest drop in a year
U.S. soybean futures tumbled by the daily trading limit on Monday, posting their biggest percentage drop in nearly one year, on selling sparked by anecdotal accounts of better-than-expected yields in the Midwest farm belt. Corn at the Chicago Board of Trade (CBOT) tumbled to a more than two-month low while wheat sank five per cent […] Read more
Canadian Cattlemen Presents: Depth of Field
