Crops , Latest & Featured - Canadian Cattlemen

U.S. grains: Soy drops on stable crop ratings, poor export demand

By Tom Polansek September 9, 2015

Chicago | Reuters –– U.S. soybean futures dipped on Wednesday on better-than-expected U.S. crop ratings and concerns about sluggish export demand. Wheat futures also declined, while corn traded near unchanged. Soybeans pulled back after rising on Tuesday on expectations that the U.S. Agriculture Department would cut its condition ratings for the crop in a weekly […] Read more

Viterra, whose Outer Harbour terminal in Adelaide, Australia is shown here, has been part of Glencore’s stable of ag assets since late 2012. (Glencore.com)

Crops, Markets, Reuters

Glencore to rein in debt as commodity slump persists

By olivia-kumwenda, GFM Network News September 8, 2015

Reuters — Mining and trading company Glencore acknowledged on Monday the severity of the global commodity market slump as it suspended dividends and said it would sell assets and new shares to cut heavy debts built up through years of rapid expansion. The London-listed company came under pressure to cut its net debt of US$30 […] Read more

Crops, Fruit/Vegetables, Reuters

B+G to buy Green Giant frozen foods business

By Ramkumar Iyer September 8, 2015

Reuters — Snack food company B+G Foods said it would buy General Mills’ Green Giant frozen foods and Le Sueur canned vegetables brands for about US$765 million to expand its distribution network and enter the frozen foods market. Growth in the frozen vegetables category has been sluggish in recent years as consumers shift to fresher […] Read more

Crops, Weather, Winter Wheat

Manitoba’s winter wheat seeding stalled

By Jade Markus September 8, 2015

CNS Canada — Manitoba winter wheat seeding is underway, but farmers are facing some complications in areas where other crops aren’t out of the ground yet. Winter wheat seeding traditionally takes place from Aug. 15 to Sept. 15. “But it’s been a bit tricky this year,” said Jake Davidson, executive director at Winter Cereals Canada. […] Read more

Crops, Markets, Reuters

PotashCorp reported preparing to make hostile K+S bid

By Reuters September 8, 2015

Reuters — PotashCorp is prepared to launch a hostile takeover offer for German potash mining rival K+S under certain conditions, German newspaper Handelsblatt reported Tuesday. Handelsblatt cited financial sources as saying Saskatoon-based PotashCorp had talked to brokerages in Canada about such plans. PotashCorp declined to comment. K+S shares jumped as much as 10.3 per cent […] Read more

(Photo courtesy Canola Council of Canada)

Canola, Crops, Markets

Canola cash basis levels weaken as harvest rolls along

By Dave Sims September 8, 2015

CNS Canada –– The cash market for Canadian canola continues to soften, with one commodity analyst pegging its range at $20-$30 under the price being paid for the near-term (November) contract. Last week’s bearish report from Statistics Canada put a damper on already-weak trade between farmers and companies, according to Errol Anderson, president of ProMarket […] Read more

Crops, Reuters, Weather

Hard-luck Prairie farmers may get late-season weather break

By Rod Nickel September 8, 2015

Winnipeg | Reuters –– Farmers in Western Canada, whose crops have been battered this year by drought and hail, may be in line for a break in the weather as they bring in the harvest. Temperatures are forecast to remain above freezing for more than a week, delaying the first significant harvest frost later than […] Read more

(Michael Thompson photo courtesy ARS/USDA)

Crops, Markets, Reuters

U.S. grains: Prices rise on harvest uncertainty, short-covering

By Tom Polansek September 8, 2015

Chicago | Reuters –– U.S. grain and soybean futures jumped on Tuesday on expectations that the U.S. Agriculture Department (USDA) may lower its domestic harvest estimates at the end of the week. Short-covering in the markets ahead of the release of USDA crop reports on Friday (Sept. 11) helped lift nearby wheat futures from a […] Read more

Crops, Markets, Reuters

PotashCorp reported hiring third bank in battle for K+S

By Reuters September 7, 2015

Reuters — Canada’s PotashCorp has hired a third investment bank as adviser in its effort to take over German fertilizer maker K+S , a German newspaper reported Sunday. Bank of America Merrill Lynch will join Morgan Stanley and Deutsche Bank in advising the Saskatoon-based fertilizer giant in the effort, the Frankfurter Allgemeine Zeitung newspaper said, […] Read more

Fruit/Vegetables, Livestock, Markets, Reuters

EU to give 500M euros to farmers hit by Russia sanctions

By Nigel Hunt September 7, 2015

Brussels | Reuters — The European Commission announced a 500 million-euro (C$743 million) package of measures on Monday to provide relief for farmers stung by slumping prices, triggered partly by the loss of exports to Russia due to EU sanctions against the country. The crisis has triggered a wave of protests which culminated on Monday […] Read more

U.S. livestock: Cattle futures rise as Cattle on Feed report shows lower inventory

Canadian cattle herd sees first year-over-year increase since 2021

U.S. grains: Soybeans extend gains to two-month peak; corn and wheat choppy

Daily Network News

U.S. livestock: Cattle futures rise as Cattle on Feed report shows lower inventory

Canadian cattle herd sees first year-over-year increase since 2021

U.S. grains: Soybeans extend gains to two-month peak; corn and wheat choppy

Crops

U.S. grains: Soy drops on stable crop ratings, poor export demand

Glencore to rein in debt as commodity slump persists

B+G to buy Green Giant frozen foods business

Manitoba’s winter wheat seeding stalled

PotashCorp reported preparing to make hostile K+S bid

Canola cash basis levels weaken as harvest rolls along

Hard-luck Prairie farmers may get late-season weather break

U.S. grains: Prices rise on harvest uncertainty, short-covering

PotashCorp reported hiring third bank in battle for K+S

EU to give 500M euros to farmers hit by Russia sanctions

Canadian Cattlemen Presents: Depth of Field

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