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Crops, Machinery, Weather

Grain drying relief moving forward, one way or other

Governing Liberals telegraph plans to introduce their own measure

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Despite voting against a bill to exempt certain farm fuels from the carbon tax, the governing federal Liberals say tax relief for grain drying is coming. Conservative MP Philip Lawrence’s private member’s bill C-206, An Act to amend the Greenhouse Gas Pollution Pricing Act (qualifying farming fuel), passed second reading in the House of Commons […] Read more
(ArdentMills.com)
Crops, Pulses

Major flour miller to buy U.S. chickpea processor

Ardent Mills to take up Hinrichs Trading Co.

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Major North American flour miller Ardent Mills is expanding its reach into pulse-based ingredients with a deal to buy U.S. chickpea processor Hinrichs Trading Co. The two companies said they “expect the deal will help customers bring innovative products to market to meet growing consumer demand for plant-based and specialty ingredients.” Terms of the deal […] Read more
CBOT May 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Profit taking pressures wheat, corn, soybeans

Warmer spell also drags on winter wheat futures

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Chicago | Reuters — Chicago Board of Trade wheat futures slid 2.8 per cent on Friday, their second straight day of declines, on a profit-taking setback as warming weather in the U.S. reduced the threat of damage to the dormant crop, traders said. Corn and soybean futures also were weaker but closed well above session […] Read more
(Jack Dykinga photo courtesy ARS/USDA)
Crops

Prairie farm slapped with plant breeders’ rights infringement penalties

Farmers need to know who they are buying seed from to avoid potentially significant costs

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Infringing on Plant Breeders’ Rights (PBR) has cost a large southern Alberta farm a record $737,597. “The settlement relates to unauthorized advertisements and sales of PBR-protected barley and wheat varieties,” Alliance Seed, SeCan and an unnamed seed company said in a news release Wednesday. The settlement “includes the royalties, plus legal fees and penalties,” Todd […] Read more
(Canest-transit.ca)
Crops, Markets, Pulses

Push on to prevent strike at Port of Montreal

A work stoppage that could start March 20 would disrupt containerized grain exports

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Ottawa needs to act now to prevent a strike March 20 that would stop containerized grain from being exported from the Port of Montreal, says Jeff English, vice-president of marketing and communications at Pulse Canada. “This is something we can see off in the distance, but we are going to be there before you know […] Read more
(Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Barley, wheat at par in Alberta

Demand also seen for heated canola

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MarketsFarm — Prices for feed barley and wheat are running about the same, from where Susanne Leclerc sits at Market Master Ltd. in Edmonton. Barley and wheat going into central Alberta were both running at $315 per tonne, she said. “We’re seeing buyer strength gaining coverage for the summer,” she said, but noted trading activity […] Read more
One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)
Crops, Markets

Few alterations seen in new global supply/demand report

IGC expecting more corn grown this year

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MarketsFarm — There were few notable changes in the latest monthly supply-and-demand report from the International Grains Council (IGC) on Thursday. One of the more significant alterations was its 1.42 per cent increase to total global production from that in 2019-20, at nearly 2.216 billion tonnes. It also raises its estimate for this marketing year’s […] Read more
CBOT May 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Weak export sales report pushes soy, wheat lower

Weekly corn exports slip to eight-month low

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Chicago | Reuters — Chicago Board of Trade soybean futures fell 1.3 per cent on Thursday, after hitting a 6-1/2-year high overnight, on signs of poor export demand for U.S. supplies, traders said. Weak overseas demand also pressured the corn and wheat markets. “You had poor export sales,” said Jim Gerlach, president of U.S. broker […] Read more
File photo of a rye field in Kazakhstan. (Stsmhn/iStock/Getty Images)
Crops, Reuters

Kazakhstan’s president orders ban on foreign ownership of farmland

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Almaty | Reuters — Kazakhstan will permanently ban foreigners from owning or renting farmland in the vast central Asian nation, President Kassym-Jomart Tokayev said on Thursday, ending a lengthy dispute that once prompted anti-government protests. Kazakhstan is a major producer of grains, oilseeds and meat in the former Soviet region sandwiched between China and Russia […] Read more

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