Crops , Latest & Featured - Canadian Cattlemen

U.S. grains: Wheat, soy tumble on profit-taking

By Michael Hirtzer April 22, 2016

Chicago | Reuters — U.S. wheat, soybeans and corn plunged on Friday, with wheat posting its largest daily declines in three years as investors locked in profits after huge gains earlier this week, and extended weather outlooks were seen as beneficial for crops. Chicago Board of Trade wheat shed six per cent, but still managed […] Read more

Crops, Machinery

Ottawa moves to extend expanded rail interswitching

By Dave Bedard April 22, 2016

Prairie crop growers hoping that changes in federal rail freight rules will continue past their expiration date are about to get their wish. Transport Minister Marc Garneau and Agriculture Minister Lawrence MacAulay on Friday announced they would bring forward a resolution in Parliament to extend provisions of the previous government’s Bill C-30, the Fair Rail […] Read more

Crops, Markets, Spring Wheat

Rising durum acres offset by declining spring wheat

By Phil Franz-Warkentin April 22, 2016

CNS Canada –– Increased durum acres in Canada may limit the upside potential as far as prices are concerned, but smaller spring wheat plantings will also limit the downside, according to a durum trader. Statistics Canada on Thursday pegged intended durum acres at 6.12 million acres, which would be up from 5.82 million in 2015. […] Read more

Crops, Machinery

CP pulls more grain for less in first quarter

By Canadian Cattlemen Staff April 22, 2016

Canadian Pacific Railway (CP) hauled more carloads of Canadian grain in its first quarter of 2016 compared to the same period last year — but for less revenue per car. Calgary-based CP on Wednesday reported overall net income of $540 million on revenues of $1.591 billion for its quarter ending March 31, up from $320 […] Read more

Crops, Weather

Record-low summerfallow expected

By Phil Franz-Warkentin April 21, 2016

CNS Canada — Changing farm practices and moving world markets over the years have seen shifts in the makeup of the crops grown in Canada — but the most noticeable change in the past three decades may be the amount of land seeded to nothing. Heading into the 2016 growing season, Canadian farmers say they […] Read more

Crops, Reuters, Weather

California communities beg for relief from drought restrictions

By Sharon Bernstein April 21, 2016

Sacramento | Reuters — California communities where a wet winter has filled reservoirs and begun ameliorating the state’s catastrophic four-year drought begged water regulators on Wednesday to reduce or eliminate emergency conservation measures imposed last year. Facing pushback from aggravated consumers under the ongoing rules, water utilities say they will have little credibility asking for […] Read more

Crops, Markets

Farmers big on pulses, but canola down on the year

By Phil Franz-Warkentin April 21, 2016

CNS Canada — Canadian farmers will be seeding record acres of peas and lentils this spring, as expected, but the increases to pulse crops are coming at the expense of canola — which saw acres come in below expectations in a report out from Statistics Canada. In its first acreage survey of the year, released […] Read more

Crops

Flax expected to lose a third of acres

By Jade Markus April 21, 2016

CNS Canada — Canada’s flax acres are expected to fall about a third from last year’s levels, according to Statistics Canada data. One market participant says weaker prices have influenced farmers, while another says smaller crops are often overlooked during surveys. StatsCan estimates flax’s seeded area at about 1.1 million acres, compared with 1.6 million acres […] Read more

Crops, Markets, Reuters

U.S. grains: Soybeans hit eight-month high

By Michael Hirtzer April 21, 2016

Chicago | Reuters — U.S. soybeans surged to the highest levels in eight months on Thursday on technical buying and bull-spreading as investors eyed outlooks for lower output due to rains in Argentina. Corn and wheat futures tumbled more than two per cent in a profit-taking setback at the Chicago Board of Trade, with volumes […] Read more

Crops, Markets, Reuters

Canada’s farmers seen seeding less canola than expected

By Rod Nickel, Simon Doyle April 21, 2016

Reuters — Canadian farmers intend to seed less canola than expected, and will sow record-large areas with pulse crops, according to the government’s first farmer survey of crop sowings for 2016, released on Thursday. Wheat seedings are also expected to decline, but not as much as traders and analysts expected on average. Statistics Canada estimated that […] Read more

U.S. criticizes Mexico’s handling of screwworm near border

U.S. grains: Soybean futures edge up as Argentina ends export tax waiver

U.S. livestock: Hog futures hit contract high, herd falls short of estimates

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