Crops , Latest & Featured - Canadian Cattlemen

Dreyfus family members reported asking to be bought out

By Reuters November 30, 2015

London | Reuters –– Members of the founding family of Louis Dreyfus Commodities have asked the majority shareholder of the commodities trader to buy out most of their stake, Britain’s Financial Times newspaper reported Sunday. Quoting sources familiar with the situation, the newspaper said the family members had informed Margarita Louis-Dreyfus of their intention to […] Read more

Port of Quequen, Argentina. (AntaresShipping.com)

Cereals, Corn, Crops, Reuters

Argentina ag minister says grain export taxes on way out

By Reuters November 29, 2015

Buenos Aires | Reuters –– Argentina’s incoming government will abolish export taxes on corn and wheat the day after it assumes office and reduce the export tax on soy by five per cent, designated Agriculture Minister Ricardo Buryaile confirmed to the daily Clarin. President-elect Mauricio Macri won the election last Sunday on a platform of […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat tumbles ahead of deliveries, pressured by dollar

By Rod Nickel November 27, 2015

Reuters — Chicago wheat futures fell to a 2-1/2-month low on Friday, pressured by expectations of big deliveries next week and strength in the U.S. dollar, during a shortened trading session after the U.S. Thanksgiving holiday. Expectations of big wheat deliveries, starting with first notice day on Monday for December contracts, weighed on the market, […] Read more

Corn, Crops, Markets, Reuters

China plans to cut domestic corn prices to shrink stockpiles

By david-stanway, Niu Shuping November 27, 2015

Beijing | Reuters — Beijing plans to cut local corn prices for a second year as it pushes to reignite stalled demand from its crisis-hit grain processors and whittle down the world’s biggest corn stockpile, industry sources said. In its latest move to boost a sector that has struggled with the world’s most expensive domestic […] Read more

Crops, Markets, Reuters

Russia-Turkey tensions stymie new wheat deals

By Polina Devitt, Sarah McFarlane November 27, 2015

Reuters — Political tension between Russia and Turkey has put a brake on new wheat deals between the two countries and created uncertainty about existing agreements, traders said Thursday. Relations between Russia, one of the world’s largest wheat exporters, and Turkey, the largest buyer of Russian wheat, have quickly deteriorated after Turkey shot down a […] Read more

Crops, Machinery, Markets

Low ocean freight rates likely to stick around

By Phil Franz-Warkentin November 26, 2015

CNS Canada –– Ocean freight rates are at some of their lowest levels ever and will likely stay that way for at least the next two years, according to an industry analyst. “We’re near hitting bottom, but just because we hit bottom it doesn’t mean we won’t scrape along it for awhile,” said Jay O’Neil, […] Read more

Crops

Red tape seen costing hemp growers market share

By Jade Markus November 26, 2015

CNS Canada — Canadian hemp producers are missing out on a potential billion-dollar market opportunity due to government regulations, an industry group warns. Canadian hemp farmers are only permitted to use certain parts, the stalk and seeds, of the plants they grow. As a result, the growers are missing out in the market, said Kim […] Read more

Corn, Crops, Markets, Soybeans

No fallout seen for Enlist Duo in Canada from U.S. action

By Canadian Cattlemen Staff November 26, 2015

The company behind Enlist corn and soybeans and Enlist Duo herbicide expects business as usual for the products in Canada, while the herbicide runs up against a new regulatory hurdle in the U.S. According to the Reuters news service, the U.S. federal Environmental Protection Agency (EPA) filed a request late Tuesday with the U.S. Court […] Read more

(Photo courtesy Water Management Research Unit, ARS/USDA)

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soy seek direction

By Phil Franz-Warkentin, GFM Network News November 26, 2015

CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, but both commodities remain rangebound overall and looking for an outside spark to push values significantly one way or the other. January soybeans moved above their 20-day moving average on Wednesday, which triggered some additional […] Read more

Crops, Machinery, Markets, Reuters

U.S. ethanol output rising as industry awaits new mandates

By Chris Prentice, Michael Hirtzer November 25, 2015

Reuters — U.S. ethanol production topped one million barrels per day for the first time last week, data showed Wednesday, ahead of a government deadline to issue a plan for the country’s hotly debated biofuels program. The largest boost in production rates since May showed U.S. ethanol makers capitalizing on a recent uptick in profit […] Read more

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

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