Crops , Latest & Featured - Canadian Cattlemen

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

Sunset in Egypt on the Nile River south of Luxor. (CIA.gov)

Crops, Reuters

Egypt’s ag minister arrested on suspicion of corruption

By Ahmed Mohammed Hassan September 7, 2015

Cairo | Reuters — Egypt’s agriculture minister resigned on Monday and was arrested on suspicion of corruption shortly after leaving the cabinet building. “He was arrested in connection with a corruption case involving illegal land licences,” a security official said. “He is under investigation.” The minister, Salah El Din Mahmoud Helal, could not immediately be […] Read more

Crops, Fruit/Vegetables, Grapes, Reuters

Bayer issues fungicide warning for wine grape growers

By Reuters September 7, 2015

Zurich | Reuters — Germany’s Bayer has advised wine grape growers not to use its Moon Privilege fungicide until its Bayer CropScience arm has investigated whether there’s a connection between the product’s use and reported crop damage. Growers have reported deformed leaves and lower yields from their crops this year. Referring to “atypical symptoms” in […] Read more

November ICE canola for week of Aug. 28 to Sept. 4, 2015. (Barchart.com)

Canola, Crops, Markets

Canola charts pointed lower

By Phil Franz-Warkentin September 4, 2015

CNS Canada — ICE canola futures have posted large losses over the past week, but chart signals are still overwhelmingly bearish, with at least another $10 to go before the November contract should find support. November canola settled at $454.50 per tonne on Friday, down by over $20 from the previous week. However, trend lines […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Cash wheat prices move lower across Prairies

By Phil Franz-Warkentin September 4, 2015

CNS Canada –– Cash wheat bids across Western Canada edged lower during the week ended Friday, as basis levels held relatively steady and the continued slide in U.S. futures weighed on values. Average Canada Western Red Spring (CWRS) wheat prices were down by roughly C$2 per tonne across the three Prairie provinces, according to price […] Read more

Daily Network News

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Crops

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

Egypt’s ag minister arrested on suspicion of corruption

Bayer issues fungicide warning for wine grape growers

Canola charts pointed lower

Cash wheat prices move lower across Prairies

Canadian Cattlemen Presents: Depth of Field

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