Crops , Latest & Featured - Canadian Cattlemen

U.S. grains: Wheat falls sharply, taking corn, soybeans lower

By Mark Weinraub April 20, 2017

Chicago/Reuters – Chicago Board of Trade wheat futures dropped 3.1 percent to their lowest in nearly four months on Thursday, with investors beating back an overnight rally attempt amid plentiful global supplies. Wheat closed near session lows as the dollar rebounded into positive territory late in the trading day. A firm dollar makes U.S. wheat […] Read more

Crops, Machinery

Grain revenue, grain handle higher in CP’s Q1

By Canadian Cattlemen Staff April 20, 2017

Increased grain and potash traffic and revenue helped Canadian Pacific Railway book a shift to “positive volumes” in its first-quarter ledger. Calgary-based CP on Wednesday reported net income of $431 million on revenues of $1.603 billion for its quarter ending March 31, down from $540 million on $1.591 billion in the year-earlier period. “We turned […] Read more

Canola, Crops, Markets

ICE weekly outlook: More gains likely for rising canola

By Jade Markus April 20, 2017

CNS Canada — ICE Futures Canada canola advanced sharply on the week and has room to strengthen further, though resistance is on the horizon. Canola far outpaced Chicago Board of Trade (CBOT) soybeans in the week ending Wednesday, as the market gathered independent strength. Since last week, July canola advanced about $18 per tonne, closing […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy tied to technicals amid large supplies

By Dave Sims April 20, 2017

CNS Canada –– Corn and soybean markets look to be rangebound over the next three weeks as U.S. farmers try to get their crops planted, according to a market-watcher. “We’re slightly behind but that can be made up quickly with the equipment we have,” said Scott Capinegro, president of Barrington Commodity Brokers in Barrington, Illinois. […] Read more

Believe it or not, this is a soil test in progress and it can tell you a lot about the health of your soil. Photo: Staff

Crops

VIDEO: Underground undies measuring the health of soil

By Canadian Cattlemen Staff April 20, 2017

Are you bold enough to soil your undies? The Soil Conservation Council of Canada (SCCC) is and it recently kicked off National Soil Conservation Week by burying several pairs of men’s cotton underwear up to the waistband. After 60 days in six inches of soil, what will it all mean? A healthy soil will show that the […] Read more

Crops, Markets, Reuters

U.S. grains: Soy futures edge higher

By Mark Weinraub April 19, 2017

Chicago/Reuters – U.S. soybean futures firmed on Wednesday, posting a mild recovery from two days of losses after holding technical support above the one-year lows hit last week. Corn futures ended flat, while wheat weakened as plentiful world stocks suppressed an early rally attempt. Traders said the market was assessing the chances for drier spells […] Read more

Corn, Reuters

China to work off corn stockpile in three to five years

By Reuters April 19, 2017

Beijing/Reuters – China will work off its corn stockpile in the next three to five years, said an executive at one of the country’s top corn processing firms on Wednesday, as firms ramp up processing capacity to use up the old stocks of grain. COFCO Biochemical, a listed subsidiary of the state-owned Chinese grains trader […] Read more

Barley, Crops

Fear of feed expected to keep malt barley acres low

By Jade Markus April 18, 2017

CNS Canada — Concerns about weather dictating the quality of malt barley is keeping producers from seeding the crop this year, one industry participant says, while weak prices offer no extra incentive. “Acres are definitely going to be down, because of the fear of getting feed barley, which is horrendously low-priced,” said Rod Green of […] Read more

Corn, Crops, Weather

Manitoba corn producers wait for fields to dry out

By Dave Sims April 18, 2017

CNS Canada — Warm, dry weather is on the wish list for Manitoba corn farmers as they wait for fields to dry out so they can begin planting. The southwest corner of the province appears to be the wettest, while other areas are drying nicely, according to Pam de Rocquigny, general manager of the Manitoba […] Read more

Cereals, Crops, Reuters

Post tucks into British breakfast cereal Weetabix

By adam-jourdan, Lauren Hirsch, Martinne Geller April 18, 2017

London/Shanghai/New York | Reuters — Post Holdings is buying leading British breakfast cereal brand Weetabix from China’s Bright Food Group for 1.4 billion pounds (C$2.4 billion), giving the U.S.-focused company a European base on which to build. The combination will help Post’s existing brands, which include Honey Bunches of Oats and Grape-Nuts, to expand overseas, […] Read more

Daily Network News

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Crops

U.S. grains: Wheat falls sharply, taking corn, soybeans lower

Grain revenue, grain handle higher in CP’s Q1

ICE weekly outlook: More gains likely for rising canola

CBOT weekly outlook: Corn, soy tied to technicals amid large supplies

VIDEO: Underground undies measuring the health of soil

U.S. grains: Soy futures edge higher

China to work off corn stockpile in three to five years

Fear of feed expected to keep malt barley acres low

Manitoba corn producers wait for fields to dry out

Post tucks into British breakfast cereal Weetabix

Canadian Cattlemen Presents: Depth of Field

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