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Crops Crops

(FarmersEdge.ca)
Crops, Machinery, Weather

Major investment to build Farmers Edge’s data power

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Canadian precision agronomy and farm data management firm Farmers Edge plans to keep taking its services to previously underserved acres around the world, with a major cash infusion from a group of its backers. Japanese commodities trading and investment firm Mitsui, Toronto commercial real estate company Osmington and the Green Growth Fund operated by investment […] Read more
Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)
Crops, Markets, Reuters, Spring Wheat

Egypt’s ergot saga leaves wheat traders in limbo

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Reuters — One Egyptian official’s tough stance on wheat imports carrying a fungus that wreaked havoc in the Middle Ages is baffling global grain traders and putting a spotlight on policy-making disarray in the world’s biggest purchaser of the commodity. Alarm bells began ringing in Egypt when a 63,000-tonne wheat shipment from France arrived in […] Read more
Barley, Corn, Crops, Markets, Reuters

Russia said considering export duties for corn, barley

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Moscow | Reuters –– Russia’s agriculture ministry is considering introducing an export duty for corn and barley, Russian news agency Interfax reported Wednesday, citing First Deputy Minister Evgenii Gromyko. “We will discuss this question,” he said. Gromyko added that the question was planned to be discussed at a meeting with Deputy Prime Minister Arkady Dvorkovich, […] Read more
Durum wheat. (Gipsa.usda.gov)
Cereals, Crops, Markets

Heavy producer selling pressures durum

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CNS Canada –– Canadian durum prices are being pressured by heavy producer deliveries, according to one analyst, while demand is lagging last year’s pace. The durum market is being weighed on by larger-than-expected producer deliveries throughout January, said Jerry Klassen, manager of the Canadian office for Swiss-based grain trader GAP SA Grains and Produits. “I […] Read more
(CN.ca)
Crops, Machinery

CN’s 2015 grain handle down, grain revenue up

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Canadian National Railway’s (CN) fourth-quarter and full-year ledgers show lower traffic, but increased revenue, from its grain and fertilizer business in 2015, en route to record full-year earnings. Montreal-based CN on Tuesday reported overall net income of $3.538 billion on $12.611 billion in total revenues for 2015, up from $3.167 billion on $12.134 billion for […] Read more
(Jack Dykinga photo courtesy ARS/USDA)
Crops, Reuters

Environment commissioner criticizes neonic registrations

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Ottawa | Reuters — Canada’s official environmental watchdog on Tuesday expressed concern that authorities were allowing the long-term use of pesticides linked to bee deaths despite not having enough information about the products. Health Canada’s Pest Management Regulatory Agency (PMRA) can grant a five-year provisional license to some products to give manufacturers time to provide […] Read more
Crops, Reuters

Local planning faulted in Texas fertilizer site explosion

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Reuters — An explosion at a Texas fertilizer storage facility in 2013 that killed 15 people likely happened because the owner of the site kept combustible material near a 30-ton pile of ammonium nitrate, according to a report released by the federal Chemical Safety Board on Monday. The April 17, 2013 blast was especially deadly […] Read more
(Cia.gov)
Corn, Crops, Markets, Reuters

China to let market decide its corn prices

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Beijing | Reuters — China will let the market decide its domestic state corn prices to help cap the country’s rising imports and record-high level of state reserves, a senior official was cited by state media as saying on Monday. “The direction of corn reform is… to let the market decide prices, and (state support) […] Read more

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