Crops , Latest & Featured - Canadian Cattlemen

Viterra results offset Glencore’s improved year-end

By Canadian Cattlemen Staff February 23, 2017

Commodity giant Glencore’s efforts to ratchet down its debts paid off in fiscal 2016 — though “challenges” weighed on the ledger for its Viterra grain handling arm. Swiss-based Glencore on Thursday released preliminary results for 2016, booking net income attributable to equity holders of $1.379 billion on $152.948 billion in revenues, up from an $8.114 […] Read more

RFA CEO Bob Dinneen, shown here last March in New Orleans, has said the group is optimistic for biofuel’s prospects under a Trump administration. (EthanolRFA.org)

Crops

U.S. ethanol sector pumped on Trump

By Jade Markus, GFM Network News February 22, 2017

San Diego | CNS Canada — “Building partnerships and growing markets” was the theme of the National Ethanol Conference in San Diego — a theme members of the U.S. Renewable Fuels Association (RFA) believe aligns well with an increased focus on national security and protectionist policies under new President Donald Trump. Speaking Tuesday, the head […] Read more

The Big River Resources ethanol plant at West Burlington, Iowa, about 120 km southwest of Davenport. (Steven Vaughn photo courtesy ARS/USDA)

Crops, Markets

U.S. ethanol expected to be competitive in 2017

By Jade Markus February 22, 2017

San Diego | CNS Canada –– Weaker commodity prices and less international competition are expected to lend demand and profitability to the U.S. ethanol market in 2017, one analyst says. But changing political and policy environments — in the U.S. and abroad — add an element of uncertainty to the market, and the potential to […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola sturdy, but watching beans

By Phil Franz-Warkentin February 22, 2017

CNS Canada — ICE Futures Canada canola contracts drifted lower during the week ended Wednesday, but are still holding up rather well compared to the U.S. soy complex. “Canola is very sturdy,” said Ken Ball of PI Financial in Winnipeg, noting the Canadian oilseed has gained about $55 per tonne relative to the U.S. markets […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: December corn seen as bellwether

By Dave Sims February 22, 2017

CNS Canada — As traders wait for the U.S. Department of Agriculture to put out fresh acreage estimates for corn and soybeans this week some eyes have already shifted to the behaviour of certain deferred contracts in the market. “If the December (corn) contract broke above US$4 (a bushel) it would be a catalyst,” said […] Read more

Crops, Markets, Reuters

U.S. grains: Soy at three-week low on South America crops

By Julie Ingwersen February 22, 2017

Chicago | Reuters — U.S. soybean futures fell to a three-week low on Wednesday and posted a fourth straight daily decline on strong South American harvest prospects and a lack of supportive news, analysts said. Corn and wheat futures closed higher as traders awaited direction from a U.S. Department of Agriculture forum this week in […] Read more

A rail car from SGCC’s fleet. (Dave Bedard photo)

Crops, Machinery, Weather

Warm Saskatchewan weather spells early load limits

By Canadian Cattlemen Staff February 22, 2017

A long spell of spring-like weather in Saskatchewan’s southwest has softened roads to the point where winter weights are about to be removed. Increased winter weights will end in southwestern Saskatchewan, including several major roads and 70 rural municipalities, starting at 12:01 a.m. Friday (Feb. 24), the provincial highways department announced Wednesday. Affected roads will […] Read more

Crops, Reuters

Bayer sees pesticide profits stagnating before Monsanto takeover

By Ludwig Burger February 22, 2017

Leverkusen, Germany | Reuters — German drugs and pesticides maker Bayer forecast a year without earnings growth for its agricultural products business on Wednesday, as it seeks to complete its US$66 billion deal to take over U.S. seeds giant Monsanto. Bayer has said the deal, which would put the size of its agricultural business on […] Read more

Crops, Reuters

EU regulators reported set to clear Dow, DuPont deal

By Foo Yun Chee February 22, 2017

Brussels | Reuters — Dow Chemical and DuPont are set to win EU antitrust approval for their US$130 billion merger, two people familiar with the matter said on Wednesday. The deal, which still needs approval from U.S. and other regulators, has faced intense scrutiny from the European Commission. Of particular concern is combining the two […] Read more

Crops, Pulses, Soybeans

Maple Leaf to buy U.S. veggie dog, burger maker

By Canadian Cattlemen Staff February 21, 2017

Canadian meat packer Maple Leaf Foods is buying space on the non-meat side of the deli section with a deal for U.S. processor Lightlife Foods. Toronto-based Maple Leaf announced Tuesday it would pay US$140 million for Lightlife, which makes vegetarian burgers, hot dogs, sausage, deli cuts, jerky and other meatless protein products at Turners Falls, […] Read more

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Crops

Viterra results offset Glencore’s improved year-end

U.S. ethanol sector pumped on Trump

U.S. ethanol expected to be competitive in 2017

ICE weekly outlook: Canola sturdy, but watching beans

CBOT weekly outlook: December corn seen as bellwether

U.S. grains: Soy at three-week low on South America crops

Warm Saskatchewan weather spells early load limits

Bayer sees pesticide profits stagnating before Monsanto takeover

EU regulators reported set to clear Dow, DuPont deal

Maple Leaf to buy U.S. veggie dog, burger maker

Canadian Cattlemen Presents: Depth of Field

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