Crops , Latest & Featured - Canadian Cattlemen

CBOT weekly outlook: Corn, soybeans face uncertain future

By Dave Sims August 12, 2015

CNS Canada –– Chicago corn and soybeans both suffered heavy losses during the week ended Wednesday, as a supply and demand survey by the U.S. Department of Agriculture projected better-than-expected harvests. The report pegged U.S. corn output at 13.686 billion bushels while soybean output was pegged at 3.916 billion bushels. Both numbers were larger than […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola drop may spur fresh demand

By Phil Franz-Warkentin August 12, 2015

CNS Canada — ICE Futures Canada canola futures dropped sharply on Wednesday as the market reacted to a surprisingly bearish U.S. Department of Agriculture report and resulting losses in soybeans. While the nearby technical bias has turned bearish, the latest weakness may also serve to uncover some fresh export demand for canola. “It’s a reminder […] Read more

Crops, Markets, Reuters

CHS locks in fertilizer supply, scraps plan for N.D. plant

By Reuters August 12, 2015

Reuters — U.S.-based agribusiness CHS Inc. said it would invest US$2.8 billion in a unit of fertilizer producer CF Industries to secure nitrogen fertilizer supplies. This is the third deal in a week in the highly fragmented global fertilizer industry, which is trying to cope with weak prices caused by excess supply. CHS will have […] Read more

Crops, Markets, Reuters

U.S. grains: Soy, corn tumble after USDA hikes U.S. yield forecasts

By Julie Ingwersen August 12, 2015

Chicago | Reuters –– U.S. soybean futures plunged six per cent and both corn and soybeans briefly fell their respective daily limits on Wednesday after the U.S. Department of Agriculture surprised traders by raising its estimates for domestic corn and soybean crops in a monthly report. Analysts surveyed by Reuters had expected USDA to lower its […] Read more

(Todd Rosenberg photo via KraftFoodsGroup.com)

Crops, Markets, Reuters

Kraft Heinz to cut 2,500 jobs in Canada, U.S.

By Reuters August 12, 2015

Reuters — Kraft Heinz Co. said it will eliminate 2,500 jobs in the U.S. and Canada, including about 700 at its Chicago-area headquarters. Heinz, backed by Warren Buffett’s Berkshire Hathaway and Brazilian private equity firm 3G Capital — known as an aggressive cost-cutter — combined with Kraft in March in a $46 billion deal that […] Read more

Cereals, Corn, Crops, Markets, Reuters, Soybeans, Weather

USDA sees bumper corn, soy crops despite floods

By Mark Weinraub August 12, 2015

Washington | Reuters –– U.S. corn and soybean harvests were pegged above expectations this year as strong yields in areas west of the Mississippi River will make up for problems caused by excessive rains in eastern production states, the government said Wednesday. The U.S. Department of Agriculture forecast the 2015-16 soybean harvest at 3.916 billion […] Read more

Crops, Markets, Peas, Weather

Prairie pea yields appear lower in early harvest

By Dave Sims August 11, 2015

CNS Canada — Western Canada’s pea harvest has begun and yields appear to be down, according to a crop management specialist with Saskatchewan Agriculture. “Once farmers cut into the peas they began finding yields maybe half of what they typically expected,” said Shannon Friesen. Excess dryness in the early summer seems to have taken its […] Read more

Rentech Nitrogen, whose East Dubuque fertilizer plant is shown here, is set to be sold to fellow nitrogen producer CVR Partners. (RentechInc.com)

Crops, Markets, Reuters

CVR to buy Rentech arm in N fertilizer merger

By Amrutha Gayathri, Rishika Sadam August 11, 2015

Reuters — Nitrogen fertilizer producer CVR Partners said Monday it would buy Rentech Nitrogen Partners for US$533 million, excluding debt, as global fertilizer makers scale up at a time when increased supplies weigh on nitrogen prices. The deal creates North America’s fifth-largest nitrogen producer, vaulting the companies past Norway-based Yara International. It comes less than […] Read more

Western flower thrips, which Russia says it’s found in imported flowers from the Netherlands. (Omafra.gov.on.ca)

Crops, Markets, Reuters

After food, now Russia burns Dutch flowers

By Gabriela Baczynska, Valery Stepchenkov August 11, 2015

Moscow | Reuters –– A week after angering many in Russia by burning illegally imported Western food, authorities have started feeding Dutch flowers to the flames. Officials say blooms from the Netherlands, which supplies much of Russia’s US$2.5 billion flower market, pose safety risks because they may be infected. Critics say the “flower war” marks […] Read more

Crops, Markets, Reuters

U.S. grains: Corn follows broad weakness as crop ratings stabilize

By Julie Ingwersen August 11, 2015

Chicago | Reuters –– U.S. corn and soybean futures fell on Tuesday from two-week highs as stable crop ratings eased concerns about dry Midwest weather, while China’s devaluation of the yuan led to broad weakness in commodity markets. Wheat also slipped, one day after rallying in step with corn and soybeans despite signs of large […] Read more

U.S. grains: Soybeans, corn rebound on technical trading, bargain buying

U.S. livestock: Cattle futures rally peters out on position squaring

Moe to go to China to discuss canola tariffs

Daily Network News

U.S. grains: Soybeans, corn rebound on technical trading, bargain buying

U.S. livestock: Cattle futures rally peters out on position squaring

Moe to go to China to discuss canola tariffs

Crops

CBOT weekly outlook: Corn, soybeans face uncertain future

ICE weekly outlook: Canola drop may spur fresh demand

CHS locks in fertilizer supply, scraps plan for N.D. plant

U.S. grains: Soy, corn tumble after USDA hikes U.S. yield forecasts

Kraft Heinz to cut 2,500 jobs in Canada, U.S.

USDA sees bumper corn, soy crops despite floods

Prairie pea yields appear lower in early harvest

CVR to buy Rentech arm in N fertilizer merger

After food, now Russia burns Dutch flowers

U.S. grains: Corn follows broad weakness as crop ratings stabilize

Canadian Cattlemen Presents: Depth of Field

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