Crops , Latest & Featured - Canadian Cattlemen

USDA reports U.S. wheat stocks biggest since 1987

By Mark Weinraub September 30, 2016

Washington | Reuters –– U.S. wheat supplies ballooned to the biggest in nearly 30 years during the summer months, topping expectations, as a 12 per cent jump in production and weak demand on the export market filled storage bins, the government said Friday. The U.S. Agriculture Department also reported corn and soybean stocks as of […] Read more

Corn, Crops, Markets, Reuters

China approves corn export permits to two companies

By Reuters September 30, 2016

Beijing | Reuters –– China has given approval to at least two companies to export corn, two sources with knowledge of the matter said, in a radical move by the world’s No. 2 producer to cut its ballooning surplus that could add more supply to a saturated global market. The move threatens to push U.S. […] Read more

Crops, Grapes

Switzerland to recognize Canada’s organic wine, processed foods

By Canadian Cattlemen Staff September 29, 2016

Canada and Switzerland have reached a deal to recognize each other’s organic certifications on wine and “multi-ingredient” foods. The two countries on Thursday announced expansions of their previous organic arrangement, which deems their respective certification systems to be equivalent for organic ag commodities and agrifood products. The amended deal takes effect Saturday (Oct. 1). The […] Read more

Mosaic’s potash facility at Esterhazy, Sask. (Greg Berg photo)

Crops, Reuters

Water meeting safety standards after sinkhole leak, Mosaic says

By Rod Nickel September 29, 2016

Reuters — Testing of nine wells near a sinkhole at a Mosaic Co. fertilizer facility in Florida, site of a massive leak of contaminated water, shows that water meets safe drinking standards for radioactivity and damage has not spread beyond the site, the company said. A sinkhole 45 feet in diameter and 240 feet deep […] Read more

Crops, Markets, Reuters

Louis Dreyfus stems profit slide, but headwinds persist

By Gus Trompiz September 29, 2016

Paris | Reuters — Agricultural trading giant Louis Dreyfus Company eked out a small rise in 2016 first-half net profit, saying steady shipped volumes helped it weather another tough period in commodity markets. Louis Dreyfus has been grappling with ample supply, lower prices and slower economic growth that have cut margins, while also going through […] Read more

Cathy Glover. (Photo courtesy Country Life in B.C.)

Crops

B.C. farm journal under new ownership

By Canadian Cattlemen Staff September 29, 2016

The monthly paper billed as Canada’s oldest independently-owned farm journal has yielded a new owner from its own front office. Cathy Glover, the assistant editor and sales manager for Country Life in B.C., was announced Wednesday as the journal’s new owner, taking over from retiring editor/publisher Peter Wilding. British Columbia’s commercial farmers and ranchers “have […] Read more

Crops, Machinery, Markets

OPEC announcement could boost ag markets, maybe

By Dave Sims September 29, 2016

CNS Canada — The bearish malaise that has gripped the North American agricultural market shows no sign of breaking soon, and it could take a major disruption, say such as a hike in oil prices, to lead the way higher, according to some industry watchers. “Let’s say we go to US$55 (per barrel). That would […] Read more

Crops, Markets, Reuters

U.S. grains: Soybean futures strong, wheat weak

By Mark Weinraub September 29, 2016

Chicago | Reuters — U.S. soybean futures firmed on Thursday on a mild round of bargain buying and short-covering ahead of a key government report on Friday, traders said. Signs of strong export demand for the oilseed also lent support to soybean futures but gains were kept in check by reports of good yields from […] Read more

Crops, Machinery

Ottawa to back new tractor plant in Quebec

By Canadian Cattlemen Staff September 28, 2016

A federal fund to help communities diversify from the asbestos business will help finance a major tractor manufacturer’s first facilities in Canada. Navdeep Bains, the minister responsible for Canada Economic Development for Quebec Regions (CED), on Tuesday announced a “repayable contribution” of $350,000 for Mahindra Canada-Est to put up a 22,000-square foot industrial building at Adstock, […] Read more

Crops, Machinery

Deere dealer chain Cervus to seek real estate buyer

By Canadian Cattlemen Staff September 28, 2016

Prairie farm machinery dealer chain Cervus Equipment Corp. plans to sell about 10 properties where it now operates dealerships and become their long-term tenant. The publicly-traded Calgary company, which operates 72 farm and industrial equipment dealerships in Canada, Australia and New Zealand, said Tuesday it plans to seek out a sale-and-leaseback deal for about 10 […] Read more

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

Daily Network News