Crops , Latest & Featured - Canadian Cattlemen

U.S. grains: Soybeans hit three-week low

By Julie Ingwersen February 21, 2017

Chicago | Reuters — U.S. soybean futures closed lower on Tuesday for a third straight session, reversing from early strength to touch a three-week low on expectations for large South American soy harvests, analysts said. Wheat futures fell while corn firmed, supported by export demand and technical buying. Chicago Board of Trade March soybean futures […] Read more

Crops, Reuters

Kraft walks away from ‘friendly’ bid for Unilever

By Carl O'Donnell February 20, 2017

New York | Reuters –– U.S. food company Kraft Heinz withdrew its proposal for a US$143 billion merger with larger rival Unilever, the companies said Sunday, raising questions about whether Kraft will turn its focus to another target. Kraft had made a surprise offer for Unilever to build a global consumer goods behemoth — an […] Read more

Crops, Weather

Saskatchewan approves largest multi-farm drainage plan

By Canadian Cattlemen Staff February 19, 2017

Saskatchewan’s provincial Water Security Agency has signed off on what it describes as the largest single agricultural drainage project in the province’s history, with more projects of a similar scale to come. The province announced Thursday it has issued a single approval for 73 landowners in the province’s southeast to set up an “organized and […] Read more

Crops, Reuters

Austere empire-building weighs on Kraft’s Unilever bid

By Lauren Hirsch, Michael Flaherty February 18, 2017

Reuters — Buyout firm 3G Capital managed to build a consumer empire with a market value of over US$140 billion in just seven years. Yet its ruthless approach to costs may end up hampering 3G-backed Kraft Heinz’s US$143 billion bid for Unilever Plc. 3G made its name in corporate America by orchestrating large debt-laden acquisitions […] Read more

Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)

Canola, Crops, Markets

Canola crush margins continue downward slide

By Phil Franz-Warkentin February 17, 2017

CNS Canada — Canola crush margins have continued their downward slide, falling to their lowest levels in 10 months over the past week. As of Friday, the Canola Board Crush Margins calculated by ICE Futures Canada were at about $86 above the March contract, which compares with levels a month ago of roughly $126. Crush […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat, corn post weekly declines after fund-fueled rally

By Julie Ingwersen February 17, 2017

Chicago | Reuters — U.S. wheat and corn futures fell on Friday for a second straight session as traders liquidated long positions ahead of a U.S. holiday weekend, and following a fund-driven rally seen as lacking fundamental drivers, analysts said. Soybeans also extended losses from Thursday, pressured by falling vegetable oil prices in Asia and […] Read more

Crops, Markets

Canary seed market watches peso ahead of planting

By Dave Sims, GFM Network News February 16, 2017

CNS Canada — It’s not a stellar time for canary seed prices but the situation could improve, depending on acreage this spring and what the Mexico peso does in 2017. “Prices are not showing a whole lot of strength,” said Kevin Hursh, executive director of the Canaryseed Development Commission of Saskatchewan. “We’re probably in that […] Read more

Corn, Crops, Reuters, Weather

Japan feedmakers to tap corn stocks after U.S. supply disruption

By Reuters, GFM Network News February 16, 2017

Tokyo | Reuters — Japan’s feedmakers are expected to tap the country’s emergency stockpiles of corn as inventories decline to critically low levels due to a delay in shipments from the U.S. Japan’s Ministry of Agriculture, Forestry and Fisheries plans to approve the measure after heavy storms in the northwestern U.S. caused lengthy delays to […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Crops, Markets, Reuters

U.S. grains: Corn, wheat retreat on profit-taking

By Julie Ingwersen, Mark Weinraub February 16, 2017

Chicago | Reuters — U.S. wheat and corn futures declined on Thursday, retreating from early strength on profit-taking after each market set multi-month highs, analysts said. Soybeans also closed lower, reversing from early advances, after the spot March contract fell short of last week’s high. CBOT March corn settled down 5-1/4 cents at $3.73-1/2 per […] Read more

Crops, Weather

Large number of vessels waiting to load at West Coast

By Phil Franz-Warkentin February 16, 2017

CNS Canada — A large backlog of ships is waiting to load grain at Canada’s West Coast due to a combination of poor weather, early arrivals and railroad logistical issues. The Port of Vancouver lineup included 26 vessels as of Tuesday, according to the latest weekly report from the federal Grain Monitoring Program administered by […] Read more

Daily Network News

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Crops

U.S. grains: Soybeans hit three-week low

Kraft walks away from ‘friendly’ bid for Unilever

Saskatchewan approves largest multi-farm drainage plan

Austere empire-building weighs on Kraft’s Unilever bid

Canola crush margins continue downward slide

U.S. grains: Wheat, corn post weekly declines after fund-fueled rally

Canary seed market watches peso ahead of planting

Japan feedmakers to tap corn stocks after U.S. supply disruption

U.S. grains: Corn, wheat retreat on profit-taking

Large number of vessels waiting to load at West Coast

Canadian Cattlemen Presents: Depth of Field

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