Crops , Latest & Featured - Canadian Cattlemen

Diesel prices hang steady in West, for now

By Dave Sims June 7, 2016

CNS Canada –– It doesn’t appear the gasoline shortage that has left many pumps across Western Canada dry will be spreading to the diesel sector, at least for now. Fires in northern Alberta and problems at a refinery in Edmonton crimped available supplies of gas for many Prairie retailers this week. While some Petro-Canada and […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans rise on weather view

By Mark Weinraub June 7, 2016

Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures rose on Tuesday, supported by concerns about a La Nina weather pattern hindering crop development in the U.S. Midwest this summer with hot temperatures and dry conditions, traders said. Wheat futures also advanced, rising for the fifth straight day amid a round of short-covering […] Read more

Crops, Machinery

CN promotes CFO as CEO resigns

By Canadian Cattlemen Staff June 7, 2016

Canadian National Railway’s (CN) chief financial officer Luc Jobin will become its chief executive on July 1, as incumbent CEO Claude Mongeau steps down for health reasons. Mongeau announced Tuesday he will resign as CN’s CEO at the end of June, after leading the railway company for six and a half years. “I was filled […] Read more

Crops, Reuters

EU countries refuse to back new licence for glyphosate

By Alissa de Carbonnel June 6, 2016

Brussels | Reuters — EU nations refused to back a limited extension of the herbicide glyphosate’s use on Monday, threatening withdrawal of Monsanto’s Roundup and other weed-killers from shelves if no decision is reached by the end of the month. Contradictory findings on carcinogenic risks have thrust the chemical into the centre of a dispute […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy, wheat rise on weather threats

By Mark Weinraub June 6, 2016

Chicago | Reuters –– U.S. corn, soybeans and wheat rallied on Monday, supported by concerns that rains in South America and Europe and dryness in the U.S. could limit crop production, traders said. “Crops are too wet over there while the next soaking rain looks at least 10 days off over here,” Matt Zeller, director […] Read more

Cereals, Crops

Three steps to make your best grain grade deal

Here's how you can help maximize your profits when making your next grain sale

June 6, 2016

Occasionally producers make sales agreements with grain companies, then find their grain downgraded when they deliver it to their buyer later in the year. This can happen for numerous reasons. Grain companies may have aggressively over-bought early in the year, causing them to lose money and readjust their grain grading later in the year. Producers[...]
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Crops

Strike ends at Rogers’ Montreal sugar refinery

By Canadian Cattlemen Staff June 6, 2016

Workers at Rogers Sugar’s Montreal refinery have voted to ratify a new five-year agreement and will return to work “within the next few hours,” ending their strike, the company said Sunday. The plant, which has about 200 unionized workers, represented by le Syndicat des travailleuses et travailleurs de Sucre Lantic (FC-CSN), will resume “all production[...]
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Crops, Markets, Soybeans

Market analysts watch for surging soybeans to peak

By Dave Sims June 4, 2016

CNS Canada — As soybeans climb the charts and help float other commodities such as canola, one market watcher says the prime selling opportunity for farmers could pass soon, as bearish factors come into play. The president of Calgary-based ProMarket Communications, Errol Anderson, said large funds are the main force that has lifted Chicago soybeans[...]
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Crops, Forages, Weather

Prairie forage crops perk up with precipitation

By Erin DeBooy June 4, 2016

CNS Canada — It’s been a slow start for forage crops growing across the Prairies, but the much-needed precipitation is better late than never. “The rain has been a huge help,” said Karin Lindquist, forage specialist with Alberta’s Ag-Info Centre in Stettler. “There are still some areas that could use a bit more, but so[...]
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Crops, Grapes, Reuters

Constellation seeks $1B valuation for Canadian wine unit

By Reuters June 3, 2016

Reuters — Constellation Brands is seeking a valuation of about $1 billion for a possible initial public offering of its Canadian wine business this year, Bloomberg reported on Friday. The unit, which includes eight wineries and 160 retail locations across Ontario, is expected to list in Toronto as early as the fall, Bloomberg reported, citing[...]
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U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

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