Crops , Latest & Featured - Canadian Cattlemen

Activist investor activity reignites rail merger hopes

By Michael Flaherty January 20, 2017

Reuters — Shares of railway operator CSX Corp. soared 20 per cent on Thursday after an activist investor’s plan to shake up the U.S. rail operator fueled speculation that the company was once again a takeover target. Investors rushed to bid up shares of CSX after news reports that former Pershing Square partner Paul Hilal […] Read more

Crops, Reuters

ChemChina seeks U.S. antitrust approval for Syngenta deal

By Reuters January 20, 2017

Beijing | Reuters –– China National Chemical Corp., or ChemChina, said Friday it has sought the U.S. antitrust regulator’s approval for its planned US$43 billion acquisition of Swiss crop protection and seed group Syngenta. “We have filed an HSR Act with the FTC after good communications with the case team. We believe the U.S. anti-trust […] Read more

Officials from Roquette and the Manitoba government announced plans for the company’s new pea processing plant on Jan. 18 at the provincial Legislative Building. (Shannon VanRaes photo)

Crops, Peas, Reuters

Roquette counts on expanding Canadian pea output

By Rod Nickel January 20, 2017

Winnipeg | Reuters — France’s Roquette, which is building the world’s largest pea protein plant in Manitoba, is counting on the province’s farmers to boost their production to supply the $400 million factory, the company said Friday. Roquette raised eyebrows this week when it said it would build the plant in Portage la Prairie, Man., […] Read more

Crops

P+H to expand Alberta ag retail reach

By Canadian Cattlemen Staff January 19, 2017

Grain company Parrish and Heimbecker plans to expand its crop input retail space into east-central Alberta by buying four store sites in a federally-mandated sale. The privately-held Winnipeg firm on Monday announced it has reached an agreement with Agrium’s retail arm, Crop Production Services, to buy the sites at Sedgewick, Wainwright, St. Paul and Marwayne. […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat down on profit-taking, export fears

By Julie Ingwersen January 19, 2017

Chicago | Reuters — U.S. wheat futures fell nearly two per cent on Thursday on profit-taking and expectations of slowing export demand in the wake of this week’s rally to multi-month highs, analysts said. Soybean futures also declined as the market consolidated after a run-up to a six-month peak. But corn firmed on technical buying […] Read more

Crops, Machinery

CP’s revenue, Prairie grain handle down for year

By Canadian Cattlemen Staff January 19, 2017

A reduced Prairie grain handle has taken a bite out of the year-end gross for Canadian Pacific Railway in what’s turned out to be CEO Hunter Harrison’s last year on the job. Calgary-based CP on Wednesday announced full-year net income of $1.599 billion on $6.232 billion in gross revenues, up from $1.352 billion on $6.552 […] Read more

Sonny Perdue with wife Mary during a rain prayer service in 2007. (SonnyPerdue.Georgia.gov)

Crops, Reuters

Trump to name ex-Georgia governor as ag secretary

By Reuters January 19, 2017

Washington | Reuters — U.S. President-elect Donald Trump will name former Georgia Governor Sonny Perdue as his nominee for secretary of agriculture on Thursday, a senior transition official saidn Wednesday. Perdue, 70, served on Trump’s agricultural advisory committee during his presidential campaign. His nomination, which must be confirmed by the Republican-led Senate, will complete Trump’s […] Read more

Crops, Grapes, Reuters

B.C. to defend wine industry against U.S. trade action

By Reuters January 18, 2017

Vancouver | Reuters — The British Columbia government said Wednesday it would defend its wine industry against a trade challenge from the U.S., and was confident it was not breaking any international trade rules. Earlier Wednesday, the U.S. said it started action against Canada at the World Trade Organization, accusing B.C. of discriminating against U.S. […] Read more

Crops, Peas, Reuters

France’s Roquette bets on pea protein with Manitoba plant

By Sybille de La Hamaide January 18, 2017

Paris | Reuters — French plant-based ingredient maker Roquette will build the world’s largest pea protein facility in Manitoba to meet fast-growing demand for vegetable protein in food and pharmaceutical products in North America, the group said Wednesday. The global pea protein market has seen a sharp rise in recent years, mainly driven by increasing […] Read more

A gaucho drives a carriage through the pampas (lowland plains), a primary farming and ranching region of Argentina. (CIA.gov)

Crops, Markets, Reuters

U.S. grains: Soy up for fourth session on Argentina crop concerns

By Julie Ingwersen, Renita D. Young January 18, 2017

Chicago | Reuters –– U.S. soybean futures rose on Wednesday for a fourth straight session, notching a six-month high on worries that recent heavy rains could damage crops in Argentina. Wheat and corn closed lower on a round of profit-taking after multi-month highs. Chicago Board of Trade March soybeans settled up 5-3/4 cents at $10.75 […] Read more

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Crops

Activist investor activity reignites rail merger hopes

ChemChina seeks U.S. antitrust approval for Syngenta deal

Roquette counts on expanding Canadian pea output

P+H to expand Alberta ag retail reach

U.S. grains: Wheat down on profit-taking, export fears

CP’s revenue, Prairie grain handle down for year

Trump to name ex-Georgia governor as ag secretary

B.C. to defend wine industry against U.S. trade action

France’s Roquette bets on pea protein with Manitoba plant

U.S. grains: Soy up for fourth session on Argentina crop concerns

Canadian Cattlemen Presents: Depth of Field

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