Crops , Latest & Featured - Canadian Cattlemen

Yara’s fertilizer terminal at Stockton, California. (Sebastian Braum photo, Yara.com)

Vale, Yara deny talks over fertilizer unit stake

By Reuters April 6, 2016

Brasilia | Reuters — Vale SA denied a report on Wednesday that it was negotiating a sale of fertilizer assets to Norway’s Yara International as the Brazilian miner seeks to raise cash following its biggest quarterly loss in decades. Valor Economico, a Brazilian business newspaper, reported Vale could sell a minority stake in its fertilizer […] Read more

Crops, Grapes, Reuters

Constellation considering Canadian wine IPO

By Subrat Patnaik April 6, 2016

Reuters — Constellation Brands said on Wednesday it was considering taking a part of its Canadian wine business public and reported better-than-expected quarterly net sales, helped by strong demand for its premium Corona and Modelo beers. Shares of the New York-based wine, beer and spirits company, which forecast full-year profit largely above estimates, rose as […] Read more

Crops, Markets, Reuters

Glencore sells 40 per cent of agribusiness to CPP

By Dmitry Zhdannikov April 6, 2016

London | Reuters –– Commodity miner and trader Glencore has agreed to sell 40 per cent of its agricultural unit to Canada’s state pension fund for US$2.5 billion, the company’s latest step to cut debt and soothe investor concerns about the impact of weak commodity prices. The sale values the agricultural unit as a whole […] Read more

Crops, Oats

Five tips for a successful oat crop

By Angela Lovell April 6, 2016

Oats is a small-acre crop that has tended to fall behind in terms of agronomy research. That’s changing as more oat varieties become available and new niche markets continue to develop and offer premiums to growers meeting their specifications. For anyone trying oats for the first time, or considering adding oats to their rotation, soak[...]
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Crops, Soybeans

Manitoba soybean acreage looks to inch upward

By Dave Sims April 5, 2016

CNS Canada — U.S. farmers may be seeding fewer soybean acres this spring but expectations for the crop remain relatively steady north of the border, according to Francois Labelle, executive director of Manitoba Pulse and Soybean Growers. “Our first indications are that acreage will be the same as last year to up a little bit,”[...]
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Barley, Crops, Markets

Limited selling, buying leave feed barley flat in Lethbridge

By Jade Markus April 5, 2016

CNS Canada — Lethbridge’s feed barley market is sitting stagnant, as feedlots quit hand-to-mouth buying and farmers hold onto their grain. Farmers who stored their feed barley post-harvest don’t want to sell at current prices, despite relative strength, said Jared Seitz, trade manager for Agfinity at Stony Plain, Alta. “It’s not so much that prices[...]
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Crops, Markets, Reuters

U.S. grains: Soy dips as farmers are expected to expand plantings

By Tom Polansek April 5, 2016

Chicago | Reuters — U.S. soybean futures on Tuesday extended a setback from the nearly eight-month highs reached a day earlier, as wet weather fueled projections that farmers will plant more fields with the oilseed than previously expected. Rainy, cool conditions in the U.S. South and Midwest could prompt growers to switch one million to[...]
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Crops, Reuters

CPP reported in talks for stake in Glencore agribusiness

By Reuters April 5, 2016

Reuters — Commodity trading and mining firm Glencore is in advanced talks to sell a stake in its agricultural business to the Canada Pension Plan Investment Board (CPPIB), the Wall Street Journal reported, citing people familiar with the matter. The CPPIB would take a stake of up to 40 per cent, valuing the business at[...]
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Saskatchewan Agriculture Minister Lyle Stewart, shown here at Ag in Motion in 2015, plans to leave the post following a recent cancer diagnosis. (File photo by Lisa Guenther)

Crops

Saskatchewan ag minister, ag critic return in election

By Canadian Cattlemen Staff April 5, 2016

Saskatchewan’s agriculture minister and opposition ag critic both easily held their ridings Monday night as the governing Saskatchewan Party completed its electoral hat trick. By about 1 a.m. Tuesday, Premier Brad Wall’s Saskatchewan Party had won 51 of 61 ridings, for a third straight majority mandate coming out of Monday’s general election. The opposition New[...]
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Crops, Markets, Reuters, Soybeans

China’s farmers switch to soy amid corn market reform

By Naveen Thukral, Niu Shuping, GFM Network News April 4, 2016

Reuters — Wang Zhonghai, a 49-year-old farmer in China’s top corn producing province of Heilongjiang, plans to switch 80 per cent of his land to cultivate soybeans this year as the government ends a near-decade-old corn price support scheme. China announced last week it will stop its corn stockpiling program and allow markets to set[...]
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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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