(Dave Bedard photo)

ICE weekly outlook: Weather trumps Trump on canola

CNS Canada — ICE Futures Canada canola contracts posted substantial gains during the week ended Wednesday, taking strength from a rally in the soy complex. Both front-end contracts rose $17 on the week, with the March contract jumping from $498 at its Jan. 11 close to settle at $515 a week later. Weather concerns in […] Read more



(Bayer.com)

Bayer, Monsanto confirm spending plans after meeting Trump

Frankfurt | Reuters –– Bayer and Monsanto said Tuesday they would spend at least half of their agriculture research and development budget in the U.S. over the next six years, following a meeting with U.S. president-elect Donald Trump last week. The two companies, which are awaiting approval of their agreed US$66 billion deal from Trump’s […] Read more



(Dave Bedard photo)

Canola acres seen rising on high prices

Brandon | Reuters — Canadian canola plantings may rise slightly in spring as farmers seek to cash in before an expected drop in vegetable oil prices as palm crops recover from drought that hit major Southeast Asian producers, German oilseed analysis firm Oil World said Tuesday. Plantings will rise by less than 10 per cent […] Read more

(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans set six-month top

Chicago | Reuters — U.S. soybean futures rose about two per cent on Tuesday, touching a six-month high on worries about excessive rains in Argentina crimping production prospects, analysts said. Corn and wheat followed the firm trend, drawing additional support from a setback in the dollar. Chicago Board of Trade March soybeans settled up 23 […] Read more



Ontario Agriculture Minister Jeff Leal (Photo courtesy OMAFRA)

Greig: A year of farm policy decisions ahead for Ontario

Ontario’s agriculture minister stands by his decision to halt a process that was expected to open up how processing tomatoes are priced in the province. Jeff Leal’s decision, announced in August, resulted in a Dec. 21 threat from Ontario’s largest tomato processors to significantly cut back their tomato purchases from Ontario farmers in 2017. Processing[...]
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U.S. grain handler Andersons to exit retail business

Reuters — Loss-making U.S. grain handler Andersons Inc. said Sunday it plans to exit the retail business, affecting over 1,000 employees, at a time when the U.S. farm sector is facing a downturn due to a sharp decline in grain prices. The company, which buys grain, produces ethanol and leases rail cars, said it will[...]
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U.S. farmers ask Trump to stay the course on Cuba

Havana | Reuters — Dozens of U.S. farm and agribusiness groups on Thursday urged President-elect Donald Trump to build upon progress made by the Obama administration in relations with Cuba, calling trade with the former Cold War foe particularly important at a time of a severe downturn in farm incomes. The agricultural trade groups stated[...]
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