Crops , Latest & Featured - Canadian Cattlemen

Canada Bread to shut Beauce-region bakery

By Canadian Cattlemen Staff February 24, 2017

Baked goods firm Canada Bread Co. plans to shut a pantry bread bakery in Quebec’s Beauce region and shift a nearby plant’s bread roll production to a third site in the province. The company, an arm of Mexican bakery firm Grupo Bimbo since 2014, announced Tuesday it will close its bakery at St-Come-Liniere, about 110 […] Read more

The Mississippi River. (Mark D. Tomer photo courtesy ARS/USDA)

Crops, Reuters

Barge glut chokes U.S. shipping sector despite record harvest

By Karl Plume, Michael Hirtzer February 24, 2017

Chicago | Reuters — A glut of idled river barges is clogging Mississippi River shorelines from St. Louis to New Orleans, leaving U.S. barge companies that haul grain, coal and other bulk goods counting their losses. Even with record-large exports of corn and soybeans, typically a boon for shippers that haul grain to Gulf Coast […] Read more

Corn, Crops, Reuters

Mexico eyes Brazil farm products as hedge on Trump threat

By Reuters February 24, 2017

Brasilia | Reuters — Amid trade tensions with the U.S., Mexico plans to send a delegation next month to visit Brazilian corn, beef, chicken and soy producers as an alternative to U.S. suppliers, its representative in Brazil said on Friday. Mexican charge d’affaires Eleazar Velasco said Brazil is uniquely positioned to expand agricultural commodity sales […] Read more

Crops, Weather

New Brunswick, Nova Scotia impose spring weights

By Canadian Cattlemen Staff February 24, 2017

Spring weight limits on trucks and other vehicles are coming into effect on certain roads in Nova Scotia and New Brunswick. The Nova Scotia transportation department on Thursday announced a maximum weight of 15 tonnes on gravel roads starting at noon Friday (Feb. 24) “until further notice.” “Unseasonably warm weather is softening gravel roads to […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat, corn hit two-week lows on long liquidation

By Julie Ingwersen February 24, 2017

Chicago | Reuters — U.S. wheat futures fell to a two-week low on Friday and corn hit a 2-1/2-week low on technical selling including fund long liquidation, analysts said. Soybeans closed modestly higher, bouncing after the spot March contract hit a six-week low. Chicago Board of Trade March wheat settled down 6-3/4 cents at $4.31-1/4 […] Read more

U.S. corn producers saw the now-scuttled Trans-Pacific Partnership deal as an opportunity to expand exports. (Don Wilson photo, PortSeattle.org)

Corn, Crops

U.S. ag sector seeks opportunities in face of challenges

By Jade Markus February 24, 2017

CNS Canada — With shrinking farm income and a rising debt-to-asset ratio, the U.S. agriculture industry’s leaders are eyeing opportunities that could help it return to a point of profitability. U.S. net farm income is forecast to decline in 2017, with projections from the U.S. Department of Agriculture showing an 8.7 per cent drop, bringing […] Read more

Corn, Crops, Weather

Delayed planting on Prairies could reduce corn acres

By Dave Sims February 24, 2017

CNS Canada — Record yields for Manitoba corn last year have raised the attractiveness of the commodity for many growers. However, the chances for a delayed spring this year could dampen that enthusiasm, according to one industry watcher. “If we get into a delayed planting situation we may see producers switch their corn acres into […] Read more

Crops, Pulses, Reuters

Pulse crop sales to India dry up over pest-control plan

By rajendra-jadhav, Rod Nickel February 23, 2017

Winnipeg/Mumbai | Reuters –– Canadian exporters are slowing sales of peas and lentils to India, threatening $1.1 billion in annual trade of the food staples, over risk that New Delhi may reject shipments under its tougher approach to pest control. India requires shippers to fumigate crops with methyl bromide, an insect-killing gas, in the country […] Read more

Glencore, whose Sudbury Integrated Nickel Operations (INO) in Ontario are shown here, has shed assets to cut debt and now plans to maintain a lower net debt to earnings ratio. (Glencore.com)

Crops, Reuters

Glencore ready for deals and dividends after profit boost

By Barbara Lewis, Dmitry Zhdannikov February 23, 2017

London | Reuters –– Commodities trader and miner Glencore reported an 18 per cent rise in full-year profit on Thursday, buoyed by a rebound in raw materials prices, and said it was well-placed financially for small acquisitions or a special dividend payout. Analysts said the results beat expectations, driving the share price nearly two per […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans at six-week low on U.S. acreage view

By Julie Ingwersen February 23, 2017

Chicago | Reuters — U.S. soybean futures fell to a six-week low on Thursday on expectations for a big South American harvest and an expansion in U.S. plantings this spring, analysts said. Corn futures fell on chart-based selling and wheat followed the weak trend. The Chicago Board of Trade March soybean contract settled down 11-1/4 […] Read more

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Crops

Canada Bread to shut Beauce-region bakery

Barge glut chokes U.S. shipping sector despite record harvest

Mexico eyes Brazil farm products as hedge on Trump threat

New Brunswick, Nova Scotia impose spring weights

U.S. grains: Wheat, corn hit two-week lows on long liquidation

U.S. ag sector seeks opportunities in face of challenges

Delayed planting on Prairies could reduce corn acres

Pulse crop sales to India dry up over pest-control plan

Glencore ready for deals and dividends after profit boost

U.S. grains: Soybeans at six-week low on U.S. acreage view

Canadian Cattlemen Presents: Depth of Field

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