Crops , Latest & Featured - Canadian Cattlemen

Weather woes buoy U.S. wheat futures

By Jade Markus May 3, 2017

CNS Canada — Wheat futures in the U.S. kicked off the week on a high note, following a weekend of adverse weather in key growing regions. That may provide a short-lived boost to cash prices in Canada, though the market has its own weather watch. Chicago Board of Trade wheat futures on Monday advanced close […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: ‘Managed money crowd’ buoys futures

By Jade Markus May 3, 2017

CNS Canada — Bullish weather propped up Chicago Board of Trade (CBOT) corn and soybean futures, spurring spec buying on the week — but it’s likely not enough to break the commodities’ ranges, one U.S. analyst says. “Lately here, of course it’s been weather with all the rain last week and over the weekend. The […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Wheat futures flat as damage assessed

By Mark Weinraub May 3, 2017

Chicago | Reuters — U.S. wheat futures steadied on Wednesday, with the markets waiting for a good assessment of the crop damage caused by a snowstorm in Kansas over the weekend, traders said. Corn and soybeans rose but remained below levels hit earlier this week, supported by concerns that heavy rains in the Midwest and […] Read more

Crops, Reuters, Weather

Quebec flooding forces hundreds from homes

By Allison Lampert May 3, 2017

Montreal | Reuters — Flooding in towns across Quebec has forced hundreds of residents from their homes, and public security officials fear water levels will rise further with forecasters expecting rain Friday, local media reported on Wednesday. Heavy rains early this week have flooded towns in several areas across the predominately French-language province, including two […] Read more

Crops, Reuters

ADM sees weaker ag services outlook on trading woes

By Karl Plume May 3, 2017

Chicago | Reuters — U.S. agricultural trader Archer Daniels Midland (ADM) on Tuesday cautioned that massive global grain stocks are making it difficult to turn a profit trading grain internationally, sending its shares plummeting despite reporting a higher first-quarter profit. The warning highlighted a string of trading woes at ADM, which has shed several key […] Read more

Crops, Reuters

Bunge profit dives as grain glut hits margins

By Karl Plume May 3, 2017

Chicago | Reuters –– U.S. agricultural trader Bunge reported on Wednesday a sharply lower first-quarter profit and cut its full-year earnings forecast as slow crop sales by farmers in South America squeezed margins in its core agribusiness unit, sending shares tumbling. White Plains, N.Y.-based Bunge said net income available to shareholders plunged 82 per cent […] Read more

Crops, Reuters

Proposed Dow, DuPont merger gets conditional nod from China

By Reuters, GFM Network News May 2, 2017

Beijing | Reuters — China has conditionally approved the proposed merger between Dow Chemical and DuPont, the country’s commerce ministry said on Tuesday, a step forward for the deal whose closing has been repeatedly delayed by regulatory hurdles. The merger was approved by EU antitrust regulators in March on the condition the companies divest assets […] Read more

Crops, Markets, Reuters

U.S. grains: CBOT wheat futures weaken

By Mark Weinraub May 2, 2017

Chicago | Reuters — Chicago Board of Trade wheat futures eased on Tuesday, partially retreating from a sharp rally on some profit-taking, traders said. But K.C. hard red winter wheat futures firmed, extending their rally amid concerns that a snowstorm in the U.S. Plains during the weekend caused severe damage to the maturing crop there. […] Read more

Crops

Manitoba crop groups officially on merger track

By Canadian Cattlemen Staff May 2, 2017

Five Manitoba-based crop producer associations, nearly all of which already work out of the same building, have a memorandum of understanding to work toward forming a single merged grower group. The Manitoba Corn Growers Association (MCGA), Manitoba Pulse and Soybean Growers Association (MPSG), National Sunflower Association of Canada (NSAC) and the Manitoba Wheat and Barley […] Read more

Crops, Forages

Pickseed to buy forage seed firm Moore Seeds

By Canadian Cattlemen Staff May 2, 2017

The Canadian arm of one of the world’s top forage seed players plans to expand its space in the Peace region with a deal for forage and turfgrass seed dealer Moore Seeds. DLF Pickseed Canada announced April 21 it has a letter of intent in place to buy Moore — based at Debolt, Alta., about […] Read more

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Crops

Weather woes buoy U.S. wheat futures

CBOT weekly outlook: ‘Managed money crowd’ buoys futures

U.S. grains: Wheat futures flat as damage assessed

Quebec flooding forces hundreds from homes

ADM sees weaker ag services outlook on trading woes

Bunge profit dives as grain glut hits margins

Proposed Dow, DuPont merger gets conditional nod from China

U.S. grains: CBOT wheat futures weaken

Manitoba crop groups officially on merger track

Pickseed to buy forage seed firm Moore Seeds

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