Crops , Latest & Featured - Canadian Cattlemen

Railways book higher grain freight revenue for Q1

By GFM Staff May 6, 2019

Canada’s big two railways reported somewhat higher revenue from handling grain during their fiscal quarter ending March 31, despite both companies reporting winter weather woes. Canadian Pacific Railway (CP) on April 23 reported grain segment revenue of $380 million for the quarter, up six per cent from the year-earlier period, on about 92,800 grain carloads, […] Read more

Canola, Crops, Reuters

Fed-up Canada tells U.S. to help with China crisis or forget about favours

By David Ljunggren May 6, 2019

Ottawa | Reuters — Canada is leaning on the United States to help settle a dispute with China, which has started to block imports of vital Canadian commodities amid a dispute over a detained Huawei executive. In a sign of increasing frustration at what it sees as a lacklustre U.S. response, Prime Minister Justin Trudeau’s […] Read more

United States Senator and current democratic presidential candidate Bernie Sanders made a stop to the Downtown Farmers’ Market in Des Moines on Saturday, May 4, 2019, to greet Iowans. (Photo: Bryon Houlgrave, The Register (Des Moines) via Reuters Marketplace)

Crops, Reuters

Bernie Sanders promises help for family farms

By Reuters May 6, 2019

Reuters — U.S. presidential contender Bernie Sanders unveiled a plan on Sunday to help family farmers and rural residents, promising to break up corporate agricultural monopolies and invest heavily in social and economic programs in struggling rural communities. Sanders, an independent U.S. senator and fierce corporate critic, said on a campaign trip to Iowa that […] Read more

Crops, Machinery

Prairie grain freight cost index adjusted upward

By GFM Staff, GFM Network News May 4, 2019

Corrected, May 6, 2019 and Jan. 7, 2021 — Canada’s big two railways can expect a small raise in the amount of revenue they get to keep from hauling Prairie grain in the coming crop year. The Canadian Transportation Agency (CTA) on Tuesday announced it will set the volume-related composite price index (VRCPI) at 1.4371 […] Read more

Crops, Potatoes, Reuters

McCain Foods buys stake in Brazilian potato processor Serya

By Gabriela Mello May 4, 2019

Sao Paulo | Reuters — McCain Foods, the world’s largest producer of frozen fries, has agreed to buy 70 per cent of Brazilian firm Serya for an undisclosed amount, in a deal that will allow the Canadian company to expand its footprint in Latin America’s largest market. The remaining shares of Serya are held by […] Read more

Crops

Alberta crop input retail groups’ deal off

By GFM Staff May 3, 2019

A proposal to bring together two groups of central Alberta crop input retailers has been called off without closing a deal. Crop Management Network (CMN) said Friday the conditional deal it announced in March to buy Performance Ag Group won’t proceed. CMN, a joint venture between an employee-owned network of retail outlets and La Coop […] Read more

A view of the “Bridge of No Return” from the South Korean side of the DMZ between North and South Korea. (Bob Hilscher/iStock/Getty Images)

Crops, Reuters

North Korea faces food crisis after poor harvest, UN says

By Tom Miles May 3, 2019

Geneva | Reuters — Four in 10 North Koreans are chronically short of food and further cuts to already minimal rations are expected after the worst harvest in a decade, the United Nations said on Friday. Official rations are down to 300 grams (10.6 ounces) per person per day, the lowest ever for this time […] Read more

Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)

Crops, Reuters

Louis Dreyfus could consider selling stake to regional player

By Reuters May 3, 2019

Paris | Reuters — Louis Dreyfus Co., one of the world’s biggest agricultural commodities houses, may consider selling a stake to a regional player to support its development although there are no specific plans to do so, the company said Friday. Agricultural commodities traders have been grappling with lower profits from sourcing and shipping commodities […] Read more

Federal International Trade Diversification Minister Jim Carr speaks at the China-Canada economic and financial strategy dialogue in Beijing on Nov. 12, 2018. (Photo: Reuters/Jason Lee/Pool)

Canola, Crops

Canada ‘playing chess’ on canola file

By Phil Franz-Warkentin May 3, 2019

MarketsFarm — Canola seed sales to China remain at a standstill with little fresh news to report, according to a Canola Council of Canada briefing to farmers held Friday morning together with federal International Trade Diversification Minister Jim Carr. However, efforts on a number of fronts are ongoing, as Canada works to resolve the issue. […] Read more

CBOT July 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soy down fourth straight week on export worries, big supplies

By Karl Plume May 3, 2019

Chicago | Reuters — U.S. soybean futures eased on Friday for a sixth consecutive session, posting a fourth straight weekly drop as rain-delayed U.S. corn planting may fuel a shift to more soybean acres despite sluggish export demand from top importer China. Corn edged upward for a seventh straight day and notched its first weekly […] Read more

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Crops

Railways book higher grain freight revenue for Q1

Fed-up Canada tells U.S. to help with China crisis or forget about favours

Bernie Sanders promises help for family farms

Prairie grain freight cost index adjusted upward

McCain Foods buys stake in Brazilian potato processor Serya

Alberta crop input retail groups’ deal off

North Korea faces food crisis after poor harvest, UN says

Louis Dreyfus could consider selling stake to regional player

Canada ‘playing chess’ on canola file

U.S. grains: Soy down fourth straight week on export worries, big supplies

Canadian Cattlemen Presents: Depth of Field

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