Crops , Latest & Featured - Canadian Cattlemen

U.S. grains: Wheat falls most in two months; soybeans, corn follow

By Rod Nickel November 2, 2015

Winnipeg/Reuters – Chicago wheat futures fell nearly 3 per cent on Monday, the most in two months, as rain in dry U.S. areas encouraged the market to stay within its trading range after weather worries earlier drove prices to a three-week high. Traders were awaiting U.S. government crop data later on Monday to see if […] Read more

Crops

Algeria buys large quantity of durum

By Reuters November 2, 2015

Reuters —Algeria’s state grains agency OAIC purchased about 350,000 tonnes of durum wheat for shipment in December and January likely to be sourced from Canada in a tender which closed on Thursday, European traders said on Monday. The average price paid was just below $330 per tonne, traders said, with one citing the price of […] Read more

Crops, Fruit/Vegetables

Pete Luckett’s stores to become arm of Sobey’s

By Canadian Cattlemen Staff October 31, 2015

A hero to foodies across Canada is set to sell his retail and wholesale grocery businesses in Nova Scotia off to grocery giant Sobeys. Pete Luckett, the owner of the Pete’s Fine Foods stores in Halifax and Bedford, N.S. and a related wholesale business, announced Thursday he’ll sell those operations to Nova Scotia-based Sobeys for […] Read more

Crops, Soybeans

Brazil soy planting lags historical average despite rain

By Caroline Stauffer October 30, 2015

Sao Paulo / Reuters – Soybean planting in Brazil remained behind the historical average even after isolated rainfall in the center-west, analyst firm AgRural said on Friday, with 31 per cent of area planted compared to the 42 per cent five-year average. A year earlier at this time 29 per cent of the previous crop […] Read more

Crops, Markets, Weather

U.S. grains: Wheat hits biggest weekly gain in nearly four months

By P.J. Huffstutter October 30, 2015

Chicago / Reuters – U.S. wheat futures prices jumped 1.5 per cent on Friday and posted their biggest weekly gain in nearly four months, as traders positioned themselves ahead of a highly anticipated U.S. Department of Agriculture November supply and demand report. Chicago Board of Trade December soft red wheat closed at $5.22 a bushel, […] Read more

Barley, Cereals, Corn, Markets

Feed Grains: IGC raises world grain production estimate

By MarketsFarm Team October 30, 2015

By Commodity News Service Canada Winnipeg – Following are a few highlights in the Canadian and world feed grains markets on Thursday, October 29. – CBOT corn futures were higher on Thursday, with the December contract up four cents, at US$3.8000 per bushel, as solid weekly export demand provided some support. – The International Grains Council […] Read more

Canola, Markets

Canola testing chart support

By Phil Franz-Warkentin October 30, 2015

CE Futures Canada canola contracts settled at their weakest levels in over a month on Oct. 29, and could be poised for further losses from a chart standpoint. The most active January contract settled at $471.20 per tonne on Oct. 29, which was below all of the major moving indicators and the weakest level for […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat, corn close firm on technical buying; soybeans slip

By Mark Weinraub, P.J. Huffstutter October 29, 2015

CHICAGO / Reuters – U.S. wheat futures rallied nearly 2 per cent on Thursday, supported by a round of short-covering and signs of improving export demand, traders said. A pickup in exports also boosted corn futures, as technical buying lent further support to both corn and wheat after prices dipped during the overnight trading session. […] Read more

Crops, Machinery, Markets

More grain revenue on less grain in CN’s Q3 ledger

By Canadian Cattlemen Staff October 29, 2015

Lower grain traffic compared to last year’s record crop year hasn’t translated to lower third-quarter grain revenue for Canadian National Railway (CN). Montreal-based CN on Tuesday booked overall net income of $1.007 billion on $3.222 billion in gross revenue for its third quarter (Q3) ending Sept. 30, up from $853 million on $3.118 billion in […] Read more

Russian harvesting technology has advanced beyond that illustrated in this Soviet-era poster.

Barley, Crops, Spring Wheat, Winter Wheat

Black Sea in it for the long haul

The Former Soviet Union, once Canada's largest wheat customer, is now its largest competitor

By Karen Braun October 29, 2015

Black Sea wheat exports are projected at an all-time high this year, and there is good reason to have confidence in this forecast. During the 2015/16 marketing year, the U.S. Department of Agriculture (USDA) estimates that the states of the former Soviet Union excluding Latvia, Lithuania, and Estonia (FSU-12) will export a record 45 million […] Read more

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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