(Country Guide file photo)

Prairie wheat bids tick downward

CNS Canada –– Spring wheat cash bids across Western Canada recorded minor losses during the week ended Friday. The declines were traced to weakness in U.S. futures and some minor strengthening in the Canadian dollar. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were down $3 per tonne, according to price […] Read more


(ADM.com)

ADM eyes ethanol asset sales as weak margins hit Q2

Chicago | Reuters — U.S. grain trader Archer Daniels Midland is pulling back in ethanol and exploring sales of its corn dry mills that produce the biofuel, the company said Thursday after reporting a lower second-quarter profit due partly to weak ethanol results. Chicago-based ADM, one of the world’s top ethanol makers, has made presentations […] Read more

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

Mosaic CEO sees opportunities to buy miners’ fertilizer assets

Reuters — Miners that produce a diverse commodity mix may be willing to part with fertilizer assets, creating buying opportunities for producers of potash and phosphate, Mosaic Co. CEO Joc O’Rourke said Tuesday. Profits of fertilizer producers have tumbled because of falling prices, weak currencies in importing countries such as Brazil and excessive supplies. Mosaic, […] Read more


(Stephen Ausmus photo courtesy ARS/USDA)

Japan, Korea block certain U.S. wheat varieties

Chicago | Reuters — Japan and South Korea have both taken steps to block certain imports of U.S. wheat after unapproved genetically-modified (GMO) plants from Monsanto seeds were found growing in Washington state, a spokeswoman for the U.S. Department of Agriculture (USDA) said on Monday. Japan’s Ministry of Agriculture, Fisheries and Forestry said it will […] Read more

(McDonalds.com)

McDonald’s to remove corn syrup from buns

Reuters — McDonald’s Corp. will replace corn syrup in hamburger buns with sugar this month and has removed antibiotics that are important to human medicine from its chicken months ahead of schedule, it said Monday, moves that are part of its drive to target increasingly health-conscious consumers. The fast food company also said it eliminated […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy tumbles on favourable weather

Chicago | Reuters — U.S. soybean futures slipped about four per cent on Monday as forecasts for favourable weather in the Midwestern crop belt prompted investors to liquidate long positions, traders said. Corn and wheat followed soybeans lower, and declines in the energy sector pressured the broader commodity sector. The 19-market Thomson Reuters CoreCommodity CRB […] Read more

(File photo)

Shallow roots potential concern for Manitoba sunflowers

Commodity News Service Canada – Sunflower crops in Manitoba are generally in good shape for this time of year, but excess moisture in the key growing areas have kept root systems shallow, which could create problems later in the season, according to an industry participant. It’s still relatively early for sunflowers, with diseases usually not setting in until […] Read more


Saskatchewan crops battle through moisture

Commodity News Service Canada – Saskatchewan crops are in generally good condition despite recent wet and windy weather, says the Saskatchewan government. In a release, the province said sixty-two per cent of the spring wheat, winter wheat, flax and canola was in good condition as of July 25. Lentils are rated as 15 per cent excellent, […] Read more

(FIle photo by Allan Dawson)

IGC raises 2016-17 global wheat, corn forecasts

London/ Reuters – The International Grains Council has raised its forecasts for global corn production in the 2016-17 season, largely reflecting improved crop prospects in the United States. World corn (maize) production was upwardly revised to 1.017 billion tonnes, up from a previous projection of 1.003 billion and the prior season’s 968 million. “Better crop prospects […] Read more